Job Title
Markdown Optimisation Analyst
Location
Asda House
Employment Type
Full time
Contract Type
Fixed Term (Fixed Term)
Hours Per Week
37.5
Salary
Competitive salary plus benefits.
Category
General / Other - SF
Closing Date
1 August 2024
We are currently recruiting for a Markdown Optimisation Analyst on a Fixed Term contract.
As part of the markdown optimisation team we work closely with our commercial colleagues to support them with the strategy and approach to clearance of products from stores. The team are responsible for the execution of the clearance pricing that supports with driving the profitability of the organisation and we play a crucial role in ensuring we exit store activity in the most efficient and profitable way.
We support the commercial team with analysis of inventory, pricing strategy and future stock projections to ensure we finally balance holding enough inventory of a soon-to-be deleted product versus leaving shelves empty for weeks for the customer. You will also play an important role in managing the transition of our Future systems transformation programme.
“Everything about Asda”
We are a values-led organisation. As such we, encourage everyone to be open and honest. We work creatively and collaboratively, valuing everyone’s input.
Our collaborative culture, the size of our business and our belief in the empowerment of the individual means opportunities at Asda are abundant.
We conduct £300m worth of transactions every week. Our website handles over 2 million transactions a month. We have more than 145,000 dedicated Asda colleagues ensuring that our customers are at the heart of everything we do.
“Everything you’ll love ”
1. Hybrid and flexible working – everyone is looking for that work/life balance and Asda have it on point. (2/3 days office working)
2. Discretionary bonus – Rewarding you for your hard work and efforts
3. Company matched pension – Looking forward to the future
4. 25 days annual leave per year plus 8 bank holidays – Making sure you take time for your self and switch off
5. 13 paydays a year – who doesn’t love an extra payday?
6. Digital GP and Wellbeing sessions – Asda genuinely cares so we create a culture where our people can perform at their best, the physical health and mental wellbeing of all our people is very important to us
7. Discount off your shopping at Asda and George - with extra discounts running throughout the year – really makes a difference, saving the colleagues an average of £700 a year
8. Career development and apprenticeship and graduate schemes - we want our colleagues to excel and grow with our business. (Link to grad scheme on Asda page)
9. Free city centre parking – you can also use it outside working hours
Plus much more!
“Find your role”
Your role will be pivotal in delivering cost savings back to the business by identifying inventory opportunities and savings whilst also optimising where we are required to spend money on markdowns.
You will work as part of a central team that collaborates cross functionally with multiple other business units such as Commercial and Retail Operations. The team consists of multiple other analysts who each work on multiple elements of commercial activity throughout the year.
You will be pivotal in delivering inventory and markdown optimisation results as part of our ever-ongoing range change activities within store to ensure we exit stock most profitably and make decisions with the overall business at your heart. Whilst managing activity week to week operationally you will also have the opportunity working with commercial & supply chain in identifying potential inventory issues and coming up with solutions to resolve these.
You will use a multitude of applications to help you deliver strong analysis and analytics to engage with various business units and inform the business on decision making and opportunities in the future.
Whilst been instrumental in the inventory & markdown decision making for range change activity you will also have the opportunity to analyse and optimise promotional and event activity to help identify further opportunities.
“ Let's find out about you”
The successful candidate will have a strong understanding of current operational processes specifically around range changes and promotional activity whilst ideally a basic commercial and supply chain understanding which will support your decision making principles.
You must be comfortable using and understanding technical systems and also handling vast amounts of data whilst also having the ability to present and communicate that data efficiently across the business. Given the volume and importance of the data and decisions you will be making strong attention to detail is a given for the candidate.
The candidate needs to be engaging and at ease when working collaboratively and cross functionally with multiple stake holders at once and be a strong, clear & decisive communicator and decision maker. Problem solving and solutioning will be a key skill of yours and give you the ability to make clear decisions with the interest of the overall business at heart.
We are passionate about creating a diverse and inclusive workforce, representative of the communities we serve, and are creating ways to inspire diverse talent to join Asda.
Work Where it Works
Our hybrid way of working gives you the choice to work where it works. This enables you to chose where you’ll be the most effective. It offers a mix of working from home and in an office environment that works best for you and your team.
You will also get an excellent benefits package including;-
• Discretionary company bonus
• Company pension up to 7% matched
• 10% colleague discount, free parking and many additional rewards.
We want all colleagues to be able to bring their best and true selves to work, every day. Simply put, we want our colleagues to be Proud to be Asda and proud to be themselves