Job DescriptionWe are looking for an Associate Merch Inventory Centralized Markdowns to join our Nordstrom Merchandising Group Price team.  The Associate Merch Inventory -Price is responsible for analyzing, recommending and executing in-season strategies in support of assigned business units and company objectives and guidelines.  Success will be measured in terms of impact on sales, margin and inventory health.

The ideal candidate is highly analytical with a curiosity and passion to continuously drive improvement.  This candidate possesses a strong sense of ownership, pride and accountability for the impact their choices have on the business and can effectively influence and communicate with senior leaders.

A day in the life...

Execution of in-season activities: Utilize data & insights to execute exception management of in-season activities including mark downs, drop ship and competitive intelligence.Develop and deliver insights: Develop and deliver operational, competitive and strategic insights related to our in-season performance to influence and inform business stakeholders.Pricing strategy across JWN: Responsible to optimize our pricing for designated area of the business across Full Price and Off Price to drive profitable sales and improve inventory health (turn, sell-through, etc.)Activating & managing pricing tests: Within designated area of business, activate price tests to continue to drive improved business results.Influence and leadership: build strong, trusted relationships with VP & Director level merchandising leaders utilizing analysis to provide recommendations and shifts in business strategy.  Effectively navigate ambiguity to get to recommendations, solutions and resultsMark Down Budget optimization: Accountable to effectively utilize mark down budget to meet business unit goals effectively managing for specific business opportunities and nuances.
 

You own this if...

Bachelor’s degree required.  Preferably in business, economics, math, finance, statistics or engineering5-10+ years of experience in retail analysis and/or pricing preferredStrong analytical skills and demonstrated ability to synthesize large and varying data sets into actionable insights.Advanced Excel skills required.Merchandising knowledge and experience are a plus.Excellent communication skills – both written and verbal – with ability to lead, facilitate and present to groups of differing size.Strong organizational, planning and time management skills.Strong work ethic complemented with a positive can-do attitude.Strong ability to build effective relationships, influence, and collaborate at all organizational levels

We’ve got you covered…

Our employees are our most important asset and that’s reflected in our benefits. Nordstrom is proud to offer a variety of benefits to support employees and their families, including:

Medical/Vision, Dental, Retirement and Paid Time AwayLife Insurance and DisabilityMerchandise Discount and EAP Resources

A few more important points...

The job posting highlights the most critical responsibilities and requirements of the job. It’s not all-inclusive. There may be additional duties, responsibilities and qualifications for this job.

Nordstrom conducts background checks and considers qualified applicants with criminal histories in a manner consistent with all legal requirements.

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Pay Range Details

The pay range(s) below has been provided in compliance with state specific laws. Pay ranges may be different for other locations. 
Pay offers are dependent on the location, as well as job-related knowledge, skills, and experience.

$92,000.00 - $155,000.00 Annual

This position may be eligible for performance-based incentives/bonuses. Benefits include 401k, medical/vision/dental/life/disability insurance options, PTO accruals, Holidays, and more. Eligibility requirements may apply based on location, job level, classification, and length of employment. Learn more in the Nordstrom Benefits Overview by copying and pasting the following URL into your browser: https://careers.nordstrom.com/pdfs/Ben_Overview_17-19.pdf