At a Glance
- Tasks: Lead pricing strategies and revenue management for a top UK food manufacturer.
- Company: Greencore is a vibrant leader in convenience food, generating £1.8bn in revenue.
- Benefits: Enjoy competitive salary, holidays, pension, life insurance, and exclusive discounts.
- Why this job: Join a dynamic team driving innovation and growth in the food industry.
- Qualifications: Experience in revenue management within FMCG and strong analytical skills required.
- Other info: Be part of a company recognised for gender equality and career development.
The predicted salary is between 43200 - 72000 £ per year.
Why Greencore?
We're a leading manufacturer of convenience food in the UK and our purpose is to make everyday taste better. We're a vibrant, fast-paced leading food manufacturer, employing 13,300 colleagues across 16 manufacturing units and 17 distribution depots across the UK. We supply all the UK's food retailers with everything from sandwiches, soups and sushi to cooking sauces, pickles and ready meals, and in FY24, we generated revenues of £1.8bn. Our vast direct-to-store (DTS) distribution network, comprising of 17 depots nationwide, enables us to make over 10,500 daily deliveries of our own chilled and frozen produce and that of third parties.
What you'll be doing
- Develop pricing strategies by analysing key insights to establish recommendations and plans across all channels, formats, packs, and SKUs in the market.
- Formulate revenue management principles and propose pricing models to ensure new platform developments achieve target revenue and contribution.
- Design optimal pack and pricing architectures for new products and ranges to enhance margins.
- Evaluate and recommend improvements in trade terms with key customers to increase net revenue and contribution realization.
- Utilize insights and analytics to drive promotion effectiveness and return on investment by tracking profit, sales, volume, and customer satisfaction, aiming to improve returns for both Greencore and its customers.
- Assist sales teams in key customer negotiations (e.g., contract renewals, inflation adjustments) by leveraging insights and modelling to ensure optimal commercial outcomes.
- Lead the annual price review process, addressing labour and other key cost changes by modelling impacts by customer and developing the selling narrative for the sales team.
- Implement an annual SKU optimization process using consumer insights and internal profit and efficiency metrics to drive profitable revenue growth for Greencore and its customers.
- Build and develop the revenue management team, create necessary tools, acquire required data, and enhance revenue management capabilities within the organization through training and upskilling of the wider commercial team.
What we're looking for
- Proven relationship-building skills and demonstrable ability to drive change and resolve conflict effectively.
- Proven experience of success in a Revenue Generation/Management role in a relevant FMCG business.
- Knowledge of market dynamics including pricing theories.
- Knowledge and understanding of micro and macro-economic impacts on pricing of and demand for consumer goods.
- Proven analytical skills and ability to interpret results into realistic plans.
- Ability to challenge thinking and processes of peers and leaders.
- Excellent interpersonal and influencing skills with an adaptive style for customer interactions and internal colleagues at all levels.
- Experienced problem solver, able to identify and rectify problems proactively.
We're proud to be recognised in the Gender Equity Measure Top 100 for our commitment to gender equality.
If this sounds like you, join us and grow with Greencore, and be a part of driving our future success.
What you'll get in return
- Competitive salary and job-related benefits.
- Holidays.
- Pension up to 8% matched.
- Life insurance up to 4x salary.
- Company share save scheme.
- Greencore Qualifications.
- Exclusive Greencore employee discount platform.
- Access to a full Wellbeing Centre platform.
- Enhanced parental leave and menopause policies.
Throughout your time at Greencore, you will be supported with on the job training and development opportunities to further your career.
Head of Net Revenue Management employer: Greencore
Contact Detail:
Greencore Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Net Revenue Management
✨Tip Number 1
Familiarise yourself with the latest trends in revenue management within the FMCG sector. Understanding current market dynamics and pricing theories will give you a solid foundation to discuss strategies during interviews.
✨Tip Number 2
Network with professionals in the industry, especially those who have experience in revenue generation roles. Engaging in conversations can provide insights into the challenges they face and how you can position yourself as a solution.
✨Tip Number 3
Prepare to showcase your analytical skills by discussing specific examples where you've successfully interpreted data to drive revenue growth. Be ready to explain your thought process and the impact of your decisions.
✨Tip Number 4
Demonstrate your relationship-building skills by preparing to discuss how you've effectively collaborated with sales teams or other departments in previous roles. Highlighting your ability to influence and drive change will resonate well with the hiring team.
We think you need these skills to ace Head of Net Revenue Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in revenue management and FMCG. Use specific examples that demonstrate your analytical skills and ability to drive change, as these are key for the Head of Net Revenue Management role.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the food industry and how your background aligns with Greencore's mission. Mention your proven relationship-building skills and how you can contribute to their revenue growth strategies.
Highlight Key Achievements: When detailing your work experience, focus on quantifiable achievements related to pricing strategies and revenue generation. Use metrics to showcase how your contributions have positively impacted previous employers.
Showcase Analytical Skills: Emphasise your analytical abilities by discussing specific tools or methodologies you've used to interpret market dynamics and pricing theories. This will demonstrate your capability to formulate effective pricing models and strategies.
How to prepare for a job interview at Greencore
✨Understand the Company and Its Market
Before your interview, make sure to research Greencore thoroughly. Understand their product range, market position, and recent developments in the convenience food sector. This knowledge will help you tailor your responses and demonstrate your genuine interest in the company.
✨Showcase Your Analytical Skills
As the Head of Net Revenue Management, analytical skills are crucial. Be prepared to discuss specific examples of how you've used data to drive pricing strategies or improve revenue management in previous roles. Highlight any tools or methodologies you’ve employed to analyse market dynamics.
✨Demonstrate Relationship-Building Abilities
This role requires strong relationship-building skills. Prepare to share examples of how you've successfully built relationships with key stakeholders, resolved conflicts, or influenced decisions within a team or organisation. This will showcase your interpersonal skills and adaptability.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and strategic thinking. Think about potential challenges in revenue management and how you would approach them. Practising these scenarios can help you articulate your thought process clearly during the interview.