At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.Currently seeking a Merchandising Cosmetics Analyst to fill a position at CVS Health Corporate in Woonsocket, RI. The role is currently an in-person role. The ideal candidate will possess 2-3 years of experience in a CPG manufacturing company, retail organization, or in an analytical, merchandising, or buying position. This individual will be responsible for contributing to budgeted sales, gross margin, and growing market share for the Cosmetics businesses.
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Responsibilities of the Merchandising Analyst:
• Contribute directly to sales and margin goals.
• Analyze relevant data and incorporate findings and recommendations into category strategies (i.e. optimal SKU mix; Extracare loyalty program; promotional planning) for merchandising programs from 1 to 3 years that reflect deep personal knowledge of our businesses, customers and clients.
• Build strong relationships with suppliers to collaborate on effective promotional offers, events, and off shelf opportunities. Manage all promotional ad plans and display programs.
• Drive tactical execution of day-to-day plan activities (i.e. build off-shelf plans, track promotional period and perform post appraisal to take corrective action if necessary).
• Collaborate with an internal team of CVS professionals in Pricing, Promotion, Marketing, Loyalty and Personalization, Visual Merchandising, and Finance
• Contribute to planogram reset process (strategy and execution)
• Develop and maintain a strong understanding of current competition. Search out new competitive opportunities and make recommendations.
• Keep abreast of changes in the market. Research customer product preferences, supplier prices and the competitive environment.
• Always looking for new white space opportunities.
• Become an expert in all internal tools and reporting databases
• Thoroughly review all monthly promotional offers to ensure accurate data is submitted
• Track effectiveness of promotional plans, continually adjust plans as the business changes to ensure accurate forecasting
Core Competencies
• Thinks and Acts Strategically. Anticipates business opportunities and challenges.
• Drives speed and innovation. Challenges self and the organization to seek and promote leading edge solutions, create new opportunities, and be the market-maker.
• Manages and develops self. Seeks opportunities, guidance, and feedback to develop own knowledge, skills and capability.
• Contributes to high-performing teams. Works together in a committed way to achieve a common mission.
• Impacts and Influences Others. Skillfully persuades others to support important initiatives, gain alignment with our strategy and goals, and act in the best interests of the company. Requirements of the Merchandising Analyst
• 1-3 years of experience in a CPG manufacturing company, retail organization, or in an analytical, merchandising, or buying position
• Strong working knowledge of retail math concepts and demonstrated application
• Proven ability to implement strategies and use negotiation tactics to grow sales
• Technical experience in MS Office, Word, Excel, PowerPoint; some Access or other database knowledgeCurrently seeking a Merchandising Cosmetics Analyst to fill a position at CVS Health Corporate in Woonsocket, RI. The role is currently an in-person role. The ideal candidate will possess 2-3 years of experience in a CPG manufacturing company, retail organization, or in an analytical, merchandising, or buying position. This individual will be responsible for contributing to budgeted sales, gross margin, and growing market share for the Cosmetics businesses.
Responsibilities of the Merchandising Analyst:
• Contribute directly to sales and margin goals.
• Analyze relevant data and incorporate findings and recommendations into category strategies (i.e. optimal SKU mix; Extracare loyalty program; promotional planning) for merchandising programs from 1 to 3 years that reflect deep personal knowledge of our businesses, customers and clients.
• Build strong relationships with suppliers to collaborate on effective promotional offers, events, and off shelf opportunities. Manage all promotional ad plans and display programs.
• Drive tactical execution of day-to-day plan activities (i.e. build off-shelf plans, track promotional period and perform post appraisal to take corrective action if necessary).
• Collaborate with an internal team of CVS professionals in Pricing, Promotion, Marketing, Loyalty and Personalization, Visual Merchandising, and Finance
• Contribute to planogram reset process (strategy and execution)
• Develop and maintain a strong understanding of current competition. Search out new competitive opportunities and make recommendations.
• Keep abreast of changes in the market. Research customer product preferences, supplier prices and the competitive environment.
• Always looking for new white space opportunities.
• Become an expert in all internal tools and reporting databases
• Thoroughly review all monthly promotional offers to ensure accurate data is submitted
• Track effectiveness of promotional plans, continually adjust plans as the business changes to ensure accurate forecasting
Core Competencies
• Thinks and Acts Strategically. Anticipates business opportunities and challenges.
• Drives speed and innovation. Challenges self and the organization to seek and promote leading edge solutions, create new opportunities, and be the market-maker.
• Manages and develops self. Seeks opportunities, guidance, and feedback to develop own knowledge, skills and capability.
• Contributes to high-performing teams. Works together in a committed way to achieve a common mission.
• Impacts and Influences Others. Skillfully persuades others to support important initiatives, gain alignment with our strategy and goals, and act in the best interests of the company. Requirements of the Merchandising Analyst
• 1-3 years of experience in a CPG manufacturing company, retail organization, or in an analytical, merchandising, or buying position
• Strong working knowledge of retail math concepts and demonstrated application
• Proven ability to implement strategies and use negotiation tactics to grow sales
• Technical experience in MS Office, Word, Excel, PowerPoint; some Access or other database knowledge Preferred Qualifications:
1-2 years working in a mass retailing environment
Education:
Bachelor's Degree
1-2 years working in a mass retailing environment
Education:
Bachelor's Degree Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:$43,888.00 - $93,574.00This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.Great benefits for great peopleWe take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.