Analyst Promotions Insight

ABOUT US

Target is an iconic brand, a Fortune 50 company and one of America’s leading retailers. At Target, we have a vision: to become the best - the best culture and brand, the best place for growth and the company with the best reputation. We offer an inclusive, collaborative and energetic work environment that rewards those who perform. We deliver engaging, innovative and on-trend experiences for our team members and our guests. We invest in our team members' futures by developing leaders and providing a breadth of opportunities for professional development. It takes the best to become the best, and we are committed to building a team that does the right thing for our guests, shareholders, team members and communities.

Target Merchandising is evolving at an incredible pace. We are constantly reimagining how this $106 billion retailer offers the innovative, guest-inspiring items that Target is known and loved for.

PRIMARY FUNCTION

The Promotion Insight Analyst’s core responsibility is to generate reporting, analytics and insights to support and drive the end to end Promotion Planning process for each promotion and each category. Analysts own the hind-sighting fact pack creation for teams to leverage while planning a quarter/year/season roadmap as well as the creation of the category and promotion-level forecasts for use in financial planning, operational/inventory planning and in-season management. Analysts will own both the operation/creation of the content as well as the quality of the content. They will advance the promotion planning function for Target by building effective and efficient processes that are both scalable across pyramids but also fit within the unique needs of the businesses themselves and will help facilitate future technology advancements for continuous improvement.

PRINCIPAL DUTIES AND RESPONSIBILITIES

• Be the single point of contact for promo insights and financials supporting an assigned business (online & stores) and gain expertise on end to end pyramid and strategy context. This includes regular audits and research of pricing at Target and competitors, reviewing outliers in competitive price changes, and new item setups.
• Own creation of fact base on historical promo performance and financial positioning
• Create/modify recapping tools and reports to support weekly Promotion results and insight generation routines
• Own financial forecasting for the assigned businesses at both the category/weekly level as well as the individual promotion level for use in quarterly budgeting/roadmapping and Enterprise Forecast process
• Pair rigorous data analysis with built category context on overall competitiveness and effectiveness insights
• Drive, lead and deliver new tasks and innovation projects flawlessly with 100 % accuracy and timeliness
• Solve defined problems of high complexity and streamline/redefine processes using structured techniques or automation
• Drive stakeholder and organizational awareness to performance metrics by creating and publishing dashboards, performing deep dive analyses to provide insight into effectiveness of pricing strategies and operations.
• Collaborate with US-based Promo Planning teams to deliver overall category, competitiveness and performance goals
• Effectively manage best practice and team governance for your business/process and provide strategic solutions to key areas across the Promotions team. Create and maintain knowledge documentations, follow operational hygiene (Project management practices, quality assurance & time tracker)
• Develop and maintains working relationships with engineering teams, product owners, support teams, signing teams and all other teams related to pricing operations, to cohesively work towards achieving the business mission and goals
• Manage special projects and captainships designed to deliver critical priorities for Target or advance the total team’s performance.
• Effectively onboard, train and mentor new hires

REPORTING/WORKING RELATIONSHIPS:

• Reports to Sr. Manager Promotion Insights
• Key business consultant to enterprise Price & Promotions COE, Business Unit Roundtable (Merchants, Planners, Inventory teams), Promotion Marketing, Site Merchandising, Product, Data Analytics and other support areas.

JOB REQUIREMENTS

• MBA-Retail/Operations management with 0-2 years of experience

OR

Graduate – Business/Commerce/Economics/Science/BE/B Tech with 2-4 years of experience

• Advanced knowledge in Microsoft Excel and basic SQL
• Analytical, self-starter, curious and thrives on learning new capabilities
• Excellent verbal and written communication
• Ability to effectively present in meetings of all sizes and formats
• Strong project management skills

Good to have:

• Prior retail/e-commerce experience
• Basic knowledge in financial analytics methodologies and concepts
• Six sigma expertise (knowledge of tool and lean principles application)
• Project management expertise