Pricing Manager

INTRODUCTION

At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.

We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities. 

JOB PURPOSE

MATERNITY COVER - FIXED TERM CONTRACT

As the Pricing Manager you will take accountability for Strategic pricing operational activities within Burberry’s global Merchandising & Planning organisation reporting into the Merchandise Planning Operations, Senior Planning Manager. You will lead by example, acting as an ambassador for Burberry, fostering a culture of simplification, innovation and driving excellence. 

You will be accountable for:

• Identifying pricing opportunities through analysis of pricing architecture, performance trends and competitor pricing intelligence.
• Monitoring changing global macro-economic factors and making appropriate and reasoned price adjustment recommendations to maintain global pricing consistency and protect group margins
• Seasonal pricing set up to ensure that global retail and wholesale prices are appropriately derived each season 

RESPONSIBILITIES

Global Pricing Architecture

• Manage the seasonal review of country pricing factors, making appropriate price adjustment recommendations as needed
• Assist the Senior Planning Manager in working with Finance to provide seasonal pricing guidance and global pricing architecture relationships to be incorporated into seasonal and financial plans
• Create price positioning recommendations for new countries by undertaking analysis on relevant taxes and duties as well as local competitor price positioning.
• Support the Senior Planning Manager in the formulation of the longer term Global Pricing Strategy

Assortment Price Architecture

• Monitor and analyse competitor pricing in order to identify pricing opportunity for the business
• Review key style pricing and performance with the product merchants incorporating appropriate competitor pricing comparisons and agree seasonal price adjustments as appropriate

Seasonal Pricing Set-up

• Oversee the seasonal price bands (core currency pricing relationships) process with merchants and implementation in Flex PLM
• Oversee the creation of seasonal retail and wholesale factor files for SAP
• Supervise the build and maintenance of seasonal pricing files (e.g., price indices, price increases, etc.)

Markdown Execution

• Direct markdown execution by working with key stakeholders to ensure markdown prices are accurate and loaded in a timely fashion

Business Liaison with Pricing Execution Team

• Manage quarterly price change requests and approvals, working with the Product, Retail & BI Pricing data team to facilitate a smooth implementation
• Liaise with BI pricing team on ad-hoc pricing queries, seasonal realignments, emergency price adjustments and any other price execution requests

Team Leadership

• Manage, develop and elevate team to drive business growth and create a best in class pricing team
• Actively engage in coaching and mentoring activities, driving personal and professional development across the team
   

PERSONAL PROFILE

• Experience in Pricing - good understanding of micro and macro-economic factors that impact on global pricing
• Strong commercial awareness of a retail business
• Demonstrated experience managing a team in a fast paced commercial, luxury environment
• Creative, innovative and customer-oriented when faced with business challenges
• Dynamic and collaborative style, able to build positive working relationships with cross-functional teams and translate strategic direction into day to day direction within the department
• Exceptional attention to detail and analytical skills
• Experience with SAP would be advantageous

FOOTER

Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience.