Price Analyst

Entity:

Customers & Products

Job Family Group:

Retail Group

Job Description:

As bp transitions to an integrated energy company, we must adapt to a changing world and maintain competitive performance. Bp's customers & products (C&P) business area is setting up a business and technology centre (BTC) in Pune, India. This will support the delivery of an enhanced customer experience and drive innovation by building global capabilities at scale,  demonstrating  technology, and developing deep expertise. The BTC will be a core and connected part of our business, bringing together colleagues who report into their respective part of C&P, working together with other functions across bp. This is an exciting time to join bp and the customers & products BTC!

Mobility & Convenience Europe is a leading fuel and convenience retailer with a network of 6000 bp and Aral branded retail sites in eight European markets and a team of  around 13,500 colleagues serving millions of customers every day.  Our vision is to become first choice for customers, improving our base business and creating our future business all with safety and customer centricity at the heart of what we do.

We are seeking for a Pricebook Analyst ensuring that pricebook is aligned with category roles and the price strategy at site level. The role is ensuring complete and error-free pricing at site level with a focus on category-specific insights, pricing, promotional mechanisms, and corresponding inventory management. 

Key performance metrics: 
- Standard gross margin per category
- Revenue and volumes per category,
- Analysis of Price elasticities and
- margin per unit.

Shift timing -12.00 PM to 9 PM IST

Key Responsibility -

1. Consistent Pricebook incl. execution
Contribute to the development, monitoring, and adjustment of store pricing strategies. Make informed pricing decisions that align with business objectives and market dynamics.

2. Price Change Evaluation
Assess price change requests by analyzing impact on profit margins, current market conditions, cost of goods sold (COGs), and competitor pricing. Ensure pricing remains accurate and supports targets related to sales performance, gross margin, and strategic pricing principles.

3. Inventory and Promotion Accuracy
Support the maintenance of accurate inventory records and pricing data. Ensure an in time and reliable implementation of promotional activities to maintain the consistency of product and pricing databases.

4. Product Lifecycle Management
Oversee the introduction and discontinuation of products within the system, ensuring all article master data i.e. cost, purchase price, and selling price remain accurate and consistent.

5. Cross-Functional Collaboration
Close collaboration with category management to validate pricing and assortment parameters.

6. System Enhancement and Testing
Assist in the design, testing, and implementation of system parameters to support in proper backlog prioritization and new promotional mechanisms and ensure their effective utilization.

7. Demand Forecasting and Planning
Closely collaborate with category management ans supply chain in forecasting and planning demand at the SKU level to support inventory, sales optimization and reduction of waste.

Experience Required -

Delegations of Authority
Role includes delegated authority from line manager, with primary focus on making sales price decisions in alignment with the Business Unit (BU) plan.

Education
Candidates should possess one of the following educational backgrounds:
1. Commercial training with a specialization in financial controlling and analysis
2. Training as an Industrial Business Management Assistant (focus: sales & marketing)

Professional Experience
1. A minimum of two years’ experience in the retail or marketing sector
2. Commercial experience within a trading environment
3. Exposure to category management (desirable)
4. Advanced skills in MS Office, particularly Excel and Power BI
5. Strong understanding of POS and BOS systems, along with working knowledge of SAP
6. Familiarity with article master data, including mapping structures and hierarchical frameworks

Skills and Competencies
1. Good understanding of industry landscape, market trends, customer behavior, competitive dynamics
2. Strong Retail business acumen
3. Analytical skills, with the ability to assess pricing elasticities and cross-selling effects
4. Experience in integrated pricing strategies
5. Competence in data collection and analysis, KPI identification, and performance reporting
6. Effective communication skills
7. A collaborative mindset and the ability to work cross-functionally within the retail organization

This role will report to the Pricing Manager & Other Stakeholders-
Category Team, Supply Chain, Product Owner BOS/POS, Marketing Team, Finance
 

Why Join our team?

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly. Diversity Statement: At bp, we provide an excellent environment and benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others!

Diversity sits at the heart of our company and as an equal opportunity employer, we stay true to our mission by ensuring that our place can be anyone's place. We do not discriminate based on race, religion, colour, national origin, gender and gender identity, sexual orientation, age, marital status, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application and interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is eligible for relocation within country

Remote Type:

This position is not available for remote working

Skills:

Agility core practices, Agility core practices, Agreements and negotiations, Analytical Thinking, Business Acumen, Commercial Acumen, Communication, Continuous Improvement, Continuous Learning, Creativity and Innovation, customer and competitor understanding, Customer centric thinking, Customer data knowledge, Data Analysis, Data visualization and interpretation, Decision Making, Digital Collaboration, Digital Fluency, Industry knowledge and advocacy, Integrated pricing, Knowledge Sharing, Leading transformation, market, Negotiation planning and preparation, Offer and product knowledge {+ 13 more}

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.