Job Description:
About Mars Incorporated
Mars is a family-owned business with more than a century of history making diverse products and offering services for people and the pets people love. With almost $45 billion in sales the company is a global business that produces some of the worlds best-loved brands: PEDIGREE WHISKAS M&Ms SNICKERS TWIX MILKY WAY DOVE ROYAL CANIN EXTRA ORBIT 5 SKITTLES BENS ORIGINAL and MARS DRINKS and COCOAVIA. Mars also provides veterinary health services that include BANFIELD Pet Hospitals Blue Pearl VCA and Pet Partners. Headquartered in McLean VA Mars operates in more than 80 countries. The Mars Five Principles Quality Responsibility Mutuality Efficiency and Freedom inspire its more than 100000 Associates to create value for all its partners and deliver growth they are proud of every day.
Job Purpose
This role is responsible for Strategic Revenue Management of the full Pet Nutrition portfolio within Iberia delivering long term value creation and category growth through highly tailored pricing promo and mix strategies backed up by data and advanced analytics embedded into annual planning process and managed though S&OP cycle. Major components of this role are:
Strategic Pricing Responsible for annual portfolio growth plans (optimizing price / volume and mix relationship through Brand Pack Price Channel excellence)
Promotional strategy ownership Maximizing effectiveness of promotional budget and growth
Trade Terms optimization - Maximizing effectiveness of trade terms investment
Growth opportunity mapping Owning process identifying gaps and opportunities in market; brand or customer providing critical insights and driving them through S&OP cycle
What will be your key responsibilities
Pricing Strategy and TPE/Optimization:
Develop and implement pricing strategies aligned with business objectives
Analyze market trends competitor pricing elasticity impact/modelling and customer behavior to maximize revenue
Continuously evaluate pricing models and adjust as needed
Tailor PPA plan by channel/customers taking into account the specific trade set of each of them
Track Floor price compliance coordinate Sales inputs and feedbacks to SRM Manager to be consolidated at SE level and then being shared with European pricing council/ into the S&OP
Perform Post ROI analysis and be responsible of trade promotional budget definition and monitoring along the year in strong collaboration with Sales team
Develop promotional playbook ensuring optimal value & volume in line with AEP
Mix Management:
Monitor performance across distribution channels (e.g. online platforms direct sales)
Optimize channel portfolio customer and product mix to enhance revenue streams
Maximized Profit Pool opportunities within our portfolios to support Mars and Customer value creation
Trade Terms Optimization
Analyze existing Trade Terms and identify opportunities that support business and customer strategies
Support customer teams in development of optimized Trade Terms Architecture
Be the direct point of contact of Sales during yearly contracts negotiations and prepare key summary of net net & trade evolution both at total market and channel level
Revenue Analytics and Reporting:
Utilize advanced analytics tools to track and improve revenue performance
Generate regular reports on revenue metrics trends and KPIs turning them into actionable insights for the sales and MS&D teams
Governance of SRM levers for portfolio across markets
Collaboration and Cross-Functional Alignment:
Work closely with sales other MS&D pillars finance and regional teams
Co-Partner with SRM Manager for SRM Strategy deployment by pillars in Iberia
Align revenue goals with overall business objectives
Drive collaboration to drive revenue growth
What are we looking for
Proven experience in working in SRM and pricing related functions
Knowledge of broad business management and commercial management skills (business forecasting financial analysis P&L management supply side knowledge)
Problem solving and analytic capabilities and the ability to work collaboratively in a cross functional team environment
Strong understanding of internal and customer financial principles
Experience working with customer teams
Strong analytical thinking and problem-solving skills
What can you expect from Mars
Work with diverse and talented Associates all guided by the Five Principles
Join a purpose driven company where were striving to build the world we want tomorrow today
A strong focus on learning and development support from day one including access to our in-house Mars University
An industry competitive salary and benefits package including company bonus
Required Experience:
IC
Mars proudly makes the treats, nutritious meals, and many of your favorite products. Learn why we’re ready to become a part of your family.