Cost Analyst

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Job description

Overview:
Who we are

With more than 13,000 stores in the U.S. and 84,000 stores globally, it is no wonder has been named an iconic brand. In addition to 7-Eleven stores, 7-Eleven, Inc. also operates and franchises Speedway, Stripes, Laredo Taco Company and Raise the Roost locations.

Since inventing the convenience industry in 1927, 7-Eleven has built a rich 96-year history filled with beloved products like Slurpee, Big Gulp and Big Bite, and fan-favorite holidays like Slurpee Day and Bring Your Own Cup Day.

Now, 7-Eleven is on a mission to contemporize the brand and redefine convenience - and we need your help.

About This Opportunity

Responsibilities:
KEY DUTIES AND RESPONSIBILITES:

Lead the Cost Policy process by modeling financial impact of cost changes, providing insights on commodity movement, and provide guidance on negotiation levers with the goal to drive Cost Leadership for the organization.

Manage the cross-functional stages of the Cost Policy by ensuring adherence of process guidelines

Regularly engage with Merchant team and cross functional business partners to guide cost mitigation efforts, including proactive commodity movement insights to drive cost mitigation efforts

Prepare cost materials to be utilized in monthly leadership overviews of vendor cost change requests and cost mitigation efforts.

Support leader in owning the cross-functional post-audit process and developing internal processes around key learnings identified

Manage the weekly Cost Management of Top Items by providing tracking, analysis, and insights on cost movement

Create, maintain, and administer Merchandise and vendor scorecards in partnership with Strategic Vendor Management team - tracks and interprets performance while drawing insights that lead to actionable category development recommendations

Provide expertise and guidance while developing and evolving Multi-year Vendor Strategy in alignment with strategic goals

Qualifications:
EDUCATION AND EXPERIENCE:

EDUCATION: Bachelors/4 Yr Degree

YEARS EXPERIENCE: 2+

CERTIFICATIONS / LICENSES: NA

SPECIFIC KNOWLEDGE AND SKILLS:

Showcases ability to thrive in a fast-paced environment and manage multiple competing priorities while consistently executing at a high level

Experience in taking multiple data points to form a storyline that can effectively illustrate the business case and communicates key takeaways to different audiences

Experience with Microsoft office suite and data analysis tools (PowerBI, Circana, Datalake, etc)

Excellent written and verbal communication skills

Excellent problem-solving skills with strong attention to detail

Provide excellent customer service to Merchandising organization through analytics, execution, and verification

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