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- Tasks: Lead teams in pricing, margin optimisation, and analytics to drive strategic decisions.
- Company: Join RS Group, a global leader in providing innovative solutions for over 80 years.
- Benefits: Enjoy hybrid working, personal development opportunities, and a commitment to diversity and inclusion.
- Why this job: Be part of a dynamic team that values curiosity and creativity while making a positive impact.
- Qualifications: Experience in pricing, analytics, and leadership is essential; strong communication skills are a must.
- Other info: This is an executive-level role with significant influence on business outcomes across EMEA.
The predicted salary is between 72000 - 108000 £ per year.
Vice President of Margin Optimisation and Analytics
Join to apply for the Vice President of Margin Optimisation and Analytics role at RS UK & Ireland
Vice President of Margin Optimisation and Analytics
Join to apply for the Vice President of Margin Optimisation and Analytics role at RS UK & Ireland
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Vice President of Margin Optimisation & Analytics
Location: Hybrid working – UK Location
RS Group are a £multi-billion, FTSE listed global provider of products, solutions and services to industry. We stock over 750,000 products, and supply to over a million businesses across the globe.
The primary purpose of this role is to drive the strategic direction and operational excellence of pricing, margin optimization, and analytics within the Product & Supplier Management (P&SM) function across the EMEA region.
You’ll be leading multiple teams across pricing and margin optimisation, and analytics, building on an ethos of high performance, and promoting personal and team development.
As a key member of the regional P&SM leadership team and the broader EMEA as well as group matrix organization, the role directs and executes pricing strategy, leads ongoing margin optimisation and develops marketing leading analytics as well as performance management. This includes strengthening our capabilities, improving forecasting accuracy, developing a culture of high-quality performance management, and providing strategic insights to senior leadership.
The role will champion data-driven decision-making and continuous improvement by establishing effective pricing frameworks, implementing margin optimization programs, and leveraging advanced analytics to provide insights that influence business outcomes.
What you will be doing:
- Leading and developing the function and teams accountable for pricing and margin optimization.
- Leading and developing the function and teams accountable for analytics, insight and performance management across the EMEA P&SM function, including dimensions of Products, Suppliers and Margin.
- Represent the EMEA region within the Group level pricing community of practise, including assuming ownership of some aspects on behalf of the group (e.g. tools, processes and initiatives).
- Direct pricing strategies and margin optimization programs to maximize commercial performance for the region, individual markets and product categories. Influence and partner with relevant functions to deliver margin performance.
- Establish ongoing cadence of proactively identifying and exploiting margin opportunities, including a data driven approach to evaluating and reporting commercial outcomes.
- Execute pricing frameworks effectively, respond quickly to emerging business needs, drive continuous improvements to realize efficiencies and productivity gains.
- Partner with category teams to understand and optimize procurement as well as cost price management.
- Establish the necessary technical capabilities and expertise to develop, own and manage a suite of tools and processes for pricing, analytics and performance management.
- Developing in-function capabilities as well as collaborate with existing analytics hubs and centres of excellence within the group, including supporting group, APAC and Americas as applicable.
- Develop and deliver market-leading analytics, insight and performance management across the full lifecycle and business dimensions of Products, Suppliers and Margin.
- Develop and manage (e.g. as product / process owners) commercial tools and systems for pricing and margin (e.g. for quotations and bids and tenders)
- Establish and direct ongoing performance management and cadence against commercial targets and strategic KPIs.
- Build a culture of transparency and data focus, enabling high quality decision making and execution.
- Establish improved modelling capabilities to better understand margin drivers and ability to forecast margin performance over time.
- Play a key role in providing ongoing insight to SVP EMEA P&SM. Leveraging data to clearly articulate and visualize the ongoing narrative related to the full remit of the function, in partnership with finance.
- As a senior leader and the leading subject matter expert, offer counsel and advice to senior stakeholders around pricing, margin optimisation and analytics / insight.
What we are looking for from you, in order to be successful in this role:
- Significant pricing and margin optimization experience, ideally within a relevant business context.
- Strong experience with analytical tools and project management.
- Proven leadership experience with the ability to manage senior stakeholders and lead change.
- Strong team leadership skills and experience in people development.
- Storytelling and visualization skills to communicate complex ideas or insight to secure stakeholder buy-in.
- Customer-centric mindset to improve internal and external product/services.
- Experience building effective teams: fostering open dialogue; creating strong morale and spirit in your team; creating a feeling of belonging and purpose in the team
We are RS Group.
At RS we’ve been solving engineering problems for over 80 years: big ones, small ones, easy and difficult ones. We turn the ‘what ifs’ into the ‘why nots’, the impossible into the possible.
Our purpose? Making amazing happen for a better world.
We offer service and product solutions. We send out a parcel every 2 seconds, to over 130 countries. We provide over 750,000 in-stock and over 3 million unstocked products to more than 1.2 million customers.
We want people like you, as you are curious about things, you like doing things differently and also in a human way with empathy. Because that’s exactly how we partner with people – our customers, suppliers, colleagues and communities – to solve problems.
We’ll also invest in your development and wellbeing – because building a more diverse and inclusive culture, being ethical, responsible and committed to our Environment, Social and Governance (ESG) action plan is at the heart of everything we do.
Come and join us and over 9000 employees worldwide – and we’ll help you to think big, do more and unleash your brilliance, so you do amazing things too.
Seniority level
-
Seniority level
Executive
Employment type
-
Employment type
Full-time
Job function
-
Job function
Business Development and Sales
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Industries
Appliances, Electrical, and Electronics Manufacturing
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Vice President of Margin Optimisation and Analytics employer: RS UK & Ireland
Contact Detail:
RS UK & Ireland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President of Margin Optimisation and Analytics
✨Tip Number 1
Network with professionals in the pricing and analytics field. Attend industry conferences or webinars where you can meet potential colleagues or mentors who can provide insights into RS Group's culture and expectations.
✨Tip Number 2
Familiarise yourself with the latest trends in margin optimisation and analytics. Being well-versed in current tools and methodologies will not only boost your confidence but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 3
Prepare to discuss your leadership style and how you've successfully managed teams in the past. Highlight specific examples where you've driven change or improved performance, as this role requires strong team leadership skills.
✨Tip Number 4
Showcase your storytelling and visualisation skills during interviews. Be ready to explain complex data insights in a way that is easy to understand, as this will be crucial for securing stakeholder buy-in in your future role.
We think you need these skills to ace Vice President of Margin Optimisation and Analytics
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing, margin optimisation, and analytics. Use specific examples that demonstrate your leadership skills and ability to drive strategic initiatives.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your background aligns with RS Group's goals, particularly in data-driven decision-making and continuous improvement.
Showcase Analytical Skills: Emphasise your experience with analytical tools and project management in both your CV and cover letter. Provide examples of how you've used data to influence business outcomes and improve performance.
Prepare for Potential Questions: Anticipate questions related to your leadership style, experience with stakeholder management, and how you foster team development. Be ready to discuss specific strategies you've implemented in previous roles.
How to prepare for a job interview at RS UK & Ireland
✨Showcase Your Leadership Skills
As a Vice President, you'll need to demonstrate your leadership experience. Prepare examples of how you've successfully led teams, managed change, and developed talent in previous roles. Highlight your ability to foster a positive team culture and drive performance.
✨Prepare for Data-Driven Discussions
Given the emphasis on analytics and data-driven decision-making in this role, be ready to discuss your experience with analytical tools and methodologies. Bring specific examples of how you've used data to influence pricing strategies or margin optimisation in past positions.
✨Communicate Complex Ideas Clearly
The ability to articulate complex insights is crucial. Practice storytelling techniques to convey your ideas effectively. Use visuals or examples to illustrate your points during the interview, ensuring you can secure stakeholder buy-in with clarity.
✨Understand the Company’s Market Position
Research RS Group thoroughly before your interview. Understand their products, market position, and recent developments. This knowledge will allow you to tailor your responses and demonstrate your genuine interest in contributing to their strategic goals.
