Salary Breakdown
Operations Research Analysts
Average
$78,330
ANNUAL
$37.66
HOURLY
Entry Level
$48,090
ANNUAL
$23.12
HOURLY
Mid Level
$77,160
ANNUAL
$37.09
HOURLY
Expert Level
$122,890
ANNUAL
$59.08
HOURLY
Supporting Programs
Operations Research Analysts
Current Available & Projected Jobs
Operations Research Analysts
Top Expected Tasks
Operations Research Analysts
01
Present the results of mathematical modeling and data analysis to management or other end users.
02
Define data requirements, and gather and validate information, applying judgment and statistical tests.
03
Perform validation and testing of models to ensure adequacy, and reformulate models, as necessary.
04
Prepare management reports defining and evaluating problems and recommending solutions.
05
Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
06
Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
07
Observe the current system in operation, and gather and analyze information about each of the component problems, using a variety of sources.
08
Analyze information obtained from management to conceptualize and define operational problems.
09
Study and analyze information about alternative courses of action to determine which plan will offer the best outcomes.
10
Collaborate with senior managers and decision makers to identify and solve a variety of problems and to clarify management objectives.
Knowledge, Skills & Abilities
Operations Research Analysts
Common knowledge, skills & abilities needed to get a foot in the door.
KNOWLEDGE
Mathematics
KNOWLEDGE
Computers and Electronics
KNOWLEDGE
Engineering and Technology
KNOWLEDGE
Production and Processing
KNOWLEDGE
English Language
SKILL
Mathematics
SKILL
Complex Problem Solving
SKILL
Active Listening
SKILL
Critical Thinking
SKILL
Reading Comprehension
ABILITY
Mathematical Reasoning
ABILITY
Deductive Reasoning
ABILITY
Inductive Reasoning
ABILITY
Number Facility
ABILITY
Oral Comprehension
Job Opportunities
Operations Research Analysts
-
Pricing Analyst
Bashas' Family of Stores Chandler, AZ 85248Posted about 3 hoursJob Description
*PLEASE PROVIDE A RESUMEPOSITION PURPOSE
The Pricing Analyst executes and maintains the pricing strategies for categories and manages multiple pricing zones based on competitive pricing analysis. The Pricing Analyst is responsible for creating insightful data that enables achieving financial goals through the incorporation of historical and competitor data that impact category sales, margin, and rate performance. This job classification requires knowledge of retail operations and pricing strategies, and the ability to implement pricing objectives within the merchandising system.
ESSENTIAL JOB FUNCTIONS AND BASIC DUTIES
1. *Conducts research, produces analyses, and recommends actions to optimize sales and margin performance.
a. Conducts competitive pricing analysis reviews and analyzes product pricing compared to the competitors in the marketplace.
b. Implements and maintains pricing infrastructures while ensuring pricing complies with guidelines and meets financial targets.
c. Maintains competitive pricing databases designed to support pricing information decisions.
d. Implements and monitors pricing for KVI’s (key value items).
e. Utilizes price optimization tools and systems to deliver Bashas’ pricing strategy.
f. Continuously reviews and pro-actively identifies areas of opportunities for profit and or/margin enhancement.
2. *Manually enters product pricing into merchandising system database including price changes.
a. Periodically audits computer outputs to ensure data accuracy.
b. Researches and resolves pricing issues as reported by stores on the Company intranet, Category Managers, and system-generated reports.
c. Works with Category Managers to ensure pricing goals are accurately captured and translated by the pricing system.
3. *Provides reporting and documentation of pricing structures and serves as the point of contact for pricing inquiries.
a. Prepares monthly analysis and additional reports as required.
4. *May consult with Category Managers regarding pricing strategies.
MINIMUM QUALIFICATIONS
EDUCATION AND EXPERIENCE: · High School Diploma or G.E.D. and a minimum of two or more (2+) years of analysis experience.
REQUIRED
KNOWLEDGE: · Microsoft Office Suite. · Knowledge of the fundamental concepts, practices, and procedures of retail pricing. · Knowledge of the pricing system, procedures and business objectives and the impacts on total store value offer.
SKILLS &
ABILITIES: · Strong computer skills plus proficiency with related pricing software packages. Computer skills with a working knowledge of MS Windows and associated MS Office email, word-processing, and spreadsheet applications such as Outlook, Word, and Excel · Detail-oriented and organized with an emphasis on prioritization · Strong communication and problem-solving skills · Ability to work independently from written and/or verbal instructions with little supervision · Ability to maintain confidentiality of sensitive information
Seniority LevelSome work experience (up to 5 years, non-manager)
Field of InterestRetail, Sales & Marketing
Employment TypeFull Time
Related Careers & Companies
Computer and Information Technology
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