Analyst, Category Strategy & Analytics
Primary Responsibilities:
Support and execute the development of a portfolio of strategy and profit improvement initiatives
Execute analyses to identify sales, cost, and profit opportunities across divisions, brands, and classifications through rigorous analysis and research, including: assessment of SKU/Brand/Promotional incrementality, competitive benchmarking (space, brands, SKUs), market and trend insights for divisions and brands, customer insights (e.g. surveys, customer analytics), brand partner insight (cost structures, motivations, history within NMG), and extensive SKU/brand/class-level analysis (relative productivity, profitability, brand loyalty, transferability, etc.)
Create analytical materials to be shared internally during category reviews and assortment discussions with the Merchandising, Planning, and Marketing teams
Create brand partner discussion materials to be shared during negotiations
Document and archive agreements with brand partners
Track profitability improvements to ensure necessary follow up actions are completed and that financial results are realized
Support and execute the development of annual plans and budgets for category strategy & profit improvement, working with the Merchandising, Planning, and Marketing leadership teams
Work on special projects, ad hoc analysis, and initiatives related to assortment performance/optimization and cost reduction/management
Successful Candidates will exhibit:
Outstanding analytical and problem solving skills
Ability to communicate effectively and succinctly, both verbally and in writing via email and Microsoft PowerPoint
Ability to conduct complex quantitative analysis and build analytical models using Microsoft Excel
Ability to manage and prioritize multiple assignments and meet tight deadlines
Ability to develop effective working relationships with Merchandising, Planning, and Marketing stakeholders
Ability to work independently and adapt to changing work priorities
An open and honest, collaborative communication style that quickly builds trust and respect
The candidate selected for this position will be a creative, out-of-the-box thinker who is intellectually curious with a demonstrated interest in learning. This person will also need to be a self-motivated, entrepreneurial, high-energy individual who can easily function in a high demand, performance-driven environment.
Preferred Qualifications:
Merchandising expertise - strong understanding of retail merchandising basics (i.e. category management) and merchandising organizational structures and processes
Mastery of Microsoft Excel and PowerPoint
Minimum Requirements:
- Education: Four-year college degree or equivalent experience; MBA a plus; Science, Technology, Engineering, Mathematics and/or other quantitative analytical degree a plus
Experience: 1-2+ years of relevant experience; part of experience must be in either management consulting or retail. Specific experience in fashion/luxury retailing and/or high end department stores a strong plus