At a Glance
- Tasks: Analyse pricing and promotions at Waitrose, providing insights and recommendations.
- Company: Join the UK's largest employee-owned business, home to John Lewis and Waitrose.
- Benefits: Enjoy hybrid working, flexible hours, and a supportive work-life balance.
- Why this job: Be part of a team that values customer insights and drives impactful decisions.
- Qualifications: Experience in food retailing and strong analytical skills are essential.
- Other info: Apply early as roles may close quickly due to high demand.
The predicted salary is between 36000 - 60000 £ per year.
We are delighted to be expanding our Value and Trade Planning team here at John Lewis Partnership as we look to appoint a Pricing and Value Analyst. The main purpose of the role is to analyse Waitrose's pricing and promotional activity, providing recommendations to reassure customers on value and insights on the implications of changes to customer direction. The Value Analyst will support key trading areas on performance analysis, develop recommendations for promo targets and secondary space allocation, and support the strategic development of data collection methodology and reporting outputs, all with a customer first mindset. We are looking for an individual that has experience within the food retailing sector and therefore understands the complexity and importance of pricing & promotions across the market place.
At a glance:
- Salary: £45,000.00 - £71,000.00 per annum based on skill and experience
- Contract type: This is a permanent position
- Hours and location of the role: 35 hours per week
- Your home location will be our Bracknell Head Office
The Partnership has adopted a hybrid working approach meaning you'll be able to work a mixture between the office and home based upon your personal needs whilst balancing the needs of the business. The team work from the office 2 - 3 days per week, typically Tuesday to Thursday, to connect and also to attend key meetings on an ad-hoc basis.
Key responsibilities:
- Support the analysis of Waitrose pricing and promotional activity and proactively make recommendations so as to reassure customers on value
- Provide insight and analytics on implications of changes to customer direction both short term and long term across the key commercial metrics
- Support key trading teams on the insight and analysis of event performance
- Develop recommendations and implications for promo cap target and secondary space allocation to deliver the customer plan, supporting the delivery of incremental sales and margin
- Support the strategic development of data collection methodology, data management and reporting outputs
This would suit someone who:
- Has proven food retailing experience and knowledge
- Has a good level of analytical ability, including some experience of complex financial modelling and analysis, performed at pace with a high level of accuracy
- The ability to distil complex analysis into clear findings and recommendations that can be easily understood and acted upon by the business
- Strong stakeholder management and influencing skills, and able to connect and influence at all levels across the Partnership
- Demonstrable evidence of providing strong analysis and insight which have identified issues and opportunities that have added value to a business
- Demonstrable experience of framing issues, conclusions and recommendations to enable quick decision making
- Ability to prioritise effectively and manage multiple projects at the same time
- Customer first mindset and proactive on market movement
Essential skills and/or experience you'll need:
- Customer first mindset
- Commercial and market awareness
- Operational experience
- Advanced Google Sheet/Excel/Spreadsheet skills and proficiency with Google Workspace
- Experience using analytical tools such as Tableau/Google Data Studio/Power BI or other data visualisation tools
- SQL experience
- Exceptional attention to detail and proven stakeholder management
- Data analysis and data visualisation experience
About The Partnership: We're the largest employee owned business in the UK and home of our cherished brands, John Lewis and Waitrose. We're not just employees, we're Partners, driven by our purpose to build a happier world. As we look to our future, there's never been a more exciting time to join us. We're ruthlessly focused on being brilliant at retail. We continue to innovate, adapt and diversify. Never Knowingly Undersold on price, quality and service in John Lewis and passionately serving food-lovers in Waitrose.
As Partners we all share the responsibility of ownership and in its rewards. We use our voices to contribute to our success, working together through the good and challenging times, holding true to our behaviours and treating everyone with kindness and respect. We all own making the Partnership somewhere we belong. Embracing our differences and creating an environment where we're free to be ourselves and can THRIVE. Growing ourselves individually, and as a collective. As Partners, we make all the difference. And, we all own it.
Important points to note:
- It's important to note that some of our roles are subject to pre-employment vetting (which may include DBS checks for successful candidates). If required, you'll be informed and provided with information about vetting during the recruitment process and we encourage you to complete any vetting documents quickly to avoid delays. Any DBS checks required will be carried out by a third-party registered body and financial probity checks may also be required for some of our roles.
- We also recommend that you apply as soon as possible as vacancies can close early if we see a high number of applicants.
- We want all of our Partners to have a good work-life balance and we support flexible working. This might mean flexible or compressed hours, job sharing or shorter hour contracts, where possible. Please discuss this further with the hiring manager during your interview.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Marketing and Sales
Industries: Retail
Pricing and Value Analyst employer: Waitrose & Partners
Contact Detail:
Waitrose & Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing and Value Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in food retail pricing and promotions. Understanding how competitors are positioning their prices can give you a significant edge during discussions with hiring managers.
✨Tip Number 2
Brush up on your analytical skills, especially with tools like Excel and SQL. Being able to demonstrate your proficiency in data analysis during the interview will show that you're ready to tackle the role's responsibilities.
✨Tip Number 3
Network with professionals in the food retail sector. Engaging with industry contacts can provide insights into the company culture at Waitrose & Partners and may even lead to referrals.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data to influence pricing strategies in previous roles. This will help you illustrate your experience and fit for the Pricing and Value Analyst position.
We think you need these skills to ace Pricing and Value Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the food retailing sector. Emphasise your analytical skills and any previous roles that involved pricing and promotions.
Craft a Compelling Cover Letter: In your cover letter, express your understanding of Waitrose's customer-first mindset. Provide specific examples of how you've used data analysis to influence pricing strategies or promotional activities in past roles.
Showcase Analytical Tools Experience: Mention your proficiency with analytical tools like Tableau, Google Data Studio, or Power BI. If you have experience with SQL, be sure to include that as well, as it’s essential for this role.
Highlight Stakeholder Management Skills: Demonstrate your ability to connect and influence stakeholders at all levels. Include examples of how you've successfully communicated complex analyses to non-technical audiences.
How to prepare for a job interview at Waitrose & Partners
✨Showcase Your Analytical Skills
As a Pricing and Value Analyst, your analytical abilities are crucial. Be prepared to discuss specific examples of how you've used data analysis to drive decisions in previous roles, especially within the food retail sector.
✨Understand the Market Landscape
Demonstrate your knowledge of the food retail market and current pricing trends. Research Waitrose's competitors and be ready to discuss how their strategies might impact your recommendations.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills. Prepare to walk through how you would approach a hypothetical situation involving pricing changes or promotional strategies, highlighting your thought process and decision-making.
✨Emphasise Stakeholder Management
Strong stakeholder management is key for this role. Be ready to share experiences where you've successfully influenced decisions or collaborated with various teams, showcasing your ability to communicate complex analyses clearly.