.The JobThe Pricing Strategy Associate will leverage strategic frameworks, competitive research and business data to help develop and drive continued adoption of Enterprise Pricing strategies across the business. Provide analytical, process and systems support to merchandising teams to enable strategic management of enterprise pricing and profitability, from purchase price through end consumer retail.Design and establish a comprehensive regular and promotional pricing strategy, focused on the consumer, that maximizes the economic benefit (units, sales and margin), generating constant learning that enables the categories to capitalize on the opportunities detected.What you'll do:Retail Pricing & Profitability Strategy, Analysis & Insights:Assure a comprehensive regular and promotional pricing strategy (revenue management).Define and manage the regular price strategy by category to drive retailer profitability, maximizing the economic benefit and balancing the perception of fair prices.Define and manage the promotional strategy, maximizing the benefit (units, sales, margin) of each category.Develop a segmentation strategy for promotions (configuration and communication) based on elasticity analysis (product, POP material) and historical performance to capitalize on a greater economic benefit (units, sales, margin) of each category from the result of the promotion.Define and manage an analytical method that facilitates the measurement of impacts and generation of learning and feedback to the merchant team on the regular and promotional pricing strategy.Wholesale Pricing & Profitability Strategy, Analysis & Insights:Drive and maintain CPI goals.Conduct ad-hoc analysis to support definition and refinement of wholesale pricing strategy.Execute promotions & pricing strategy for the network.Partner with merchants to analyze pricing simulations (mass valid reports and/or custom) & develop recommendations.Manage wholesale competitive strategy, analysis & insights.Review price and cost changes / implementation in B1.Support margin and profitability analysis for promotional SKUs.Become SAP B1 & LS cost/price management expert within Ace, being able to develop and lead training sessions, identify process and system improvements to drive efficiencies, etc.Pricing Maintenance Simplification, Maintenance & Support:Partner with traffic and merchants to execute cost changes and ensure freight rates are updated and incorporated into pricing (Cost change portal).Investigate / troubleshoot and correct SKU purchase price and/or retailer cost issues in SAP including root cause analysis and process improvements to prevent in future.Work collaboratively within the retailers pricing team to share best practices and learnings with teammates.Maintain daily dashboards/exception reports including but not limited to $0 Retails, Low Margin SKU Report, MAP pricing, Vendor Change Dashboard