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Pricing Lead UK

Pricing Lead UK

  • Location United Kingdom - South East - Milton Keynes
  • Travel required Yes - up to 10%
  • Job category Retail Group
  • Relocation available No
  • Job type Professionals
  • Job code 144613BR
  • Experience level Senior
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Job summary

About the role:
The B2C Fuels Pricing team is responsible for the day-to-day pricing across company owned sites. The B2C team is responsible for the continual assessment of BP Retail’s fuels performance against key targets, ensuring that fuel pricing is maintained at optimal levels for company owned sites and at contractual levels for dealer sites.

The B2C Pricing Lead will manage and develop the overall tactical direction of fuels pricing both on network and on site level, with the aim to optimise the margin/volume balance. On a daily basis, the B2C Pricing Lead will ensure excellent execution of pricing processes.

The B2C Pricing Lead will be required to build and maintain relations with several stakeholders within the Customer & Products stream such as LT members, Operations, Convenience retail, Site Support team, Fleet department, Marketing, Finance and Supply as well as our suppliers.

This role requires to come to the office 3 days a week and report into the senior manager retail pricing Europe cluster #2.

What you’ll be supporting:
 Ensure compliance with the legal framework, esp. competition law, as well as business policies, e.g. Code of Conduct and HSSE
 Accountable for overall profitability of the B2C fuels business in the UK
 Define and execute B2C country pricing strategies in line with agreed retail pricing frameworks; Optimize Gross Margin generation across own sites
 Coach the Senior Pricing Analyst, the pricing analysts and coordinate all Pricing activities in the country
 Determine daily margin requirements and set daily price changes per product
 Develop national and regional tactics
 Accountability for initiating and managing new pricing concepts & tactics
 Own pricing interface into HVO JV, including representation at JV board meetings
 Managing the introduction of new products into retail
 Support successful rollout and implementation of Polaris in the UK
 Support development and implementation of integrated retail value optimization capabilities, including key stakeholder management
 Accountability for managing global integrated pricing projects (requirement gathering, user acceptance testing, measurement/evaluation, and implementation)
 Constantly monitor the B2C fuels market and prices, analyse deviations, initiate countermeasures by using all tools available
 Act as local pricing focal point for all stakeholders. Advise staff and management to optimize business results
 Represent pricing as part of M&C UK Leadership team, including build strong relationships based on trust, transparency, and constructive challenge.

Your experience might include:
Specialization:
 Studies in Business / Economics / Marketing

Knowledge/ work experience:
 Experienced professional in Pricing
 Experience working in Retail / Retail Operations
 Supply or sales experience of advantage
 Experience implementing Value Based Pricing is desired

IT Affinity

  • Excellent command of Excel
  • Excellent in data visualization
  • Experience in Power BI
  • Experience in data science/AI/data modelling would be a plus
  • Advanced Visual Basics skills would be a plus
  • SAP knowledge would be a plus
Finance:
  • Competence in Performance & Reporting.
  • Ability to analyse and communicate complex reports
  • Project work: ability to work independently, economically and in a cost-conscious way, coming up with creative solutions either individually or in teams
Soft skills:
  • Friendly but self-confident manner when dealing with people
  • Excellent negotiation and persuasion skills dealing with stakeholders at all levels in the organization
  • Team-player, reliable, trustworthy, dealing well with stress and keeping calm in hectic situations
  • Customer-centric

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