Frances Raidt Email & Phone Number

Minneapolis-St. Paul Area

Greater Minneapolis-St. Paul Area

• Provided pricing analytics with a focus on competitive pricing and clearance price management to senior leadership for audio, video, tablets and fitness electronic business categories.
• Analyzed financial impact of price matching in terms of sales, margin, and market share.
• Leadership role in launching competitive pricing tool; including testing, validation, recommendations, and training the pricing team.
• Created clearance plans using a third party pricing tool and managed clearance markdowns at all Best Buy Stores across the nation and on Bestbuy.com

Eden Prairie, MN

• Consulted with Category teams on base pricing strategy adjustments to maximize category return while minimizing impacts to customer perception.
• Guided strategic pricing decisions through detailed analysis of retail sales and competitive data for over 1000 stores. Contributed towards pricing initiative in largest banner resulting in a swing of 4.2% unit.
• Leadership role in developing competitive price measurement tool; including testing, validation, recommendations, and training fellow pricing analysts.

Minneapolis, MN

• Developed and executed software test plans. Analyzed and created test standards and procedures. Maintained test result documentation. Analyzed test results and recommend corrective actions.
• Documented, designed and developed test plans for functionality testing of Item Foundation applications.
• Executed and designed performance testing of Item Foundation applications using HP Quality Center testing suite.

• Elicited and defined business requirements, developed and led merchant training of Oracle modules, and developed and executed User Acceptance testing plans.
• Conducted and executed UAT testing of Supervalu’s Oracle pricing tool, logging defects and collaborating with technical team for problem resolution and improved system performance.
• Developed an enterprise pricing solution for communicating promotional prices to regional banners that saved over 600 hours per week.
• Created training documentation for Item and Pricing tools and provided business process training for over 100 team members.

• Managed replenishment objectives and programs for $45 million department store business. Directed Merchant Planners in optimizing replenishment sales and ROI potential by building localized assortments.
• Advised 10+ Business Analysts on improving forecast accuracy and just in time inventory management which resulted in achieving year-end sales and inventory goals.
• Reduced basic items by 30% while maintaining the in-stock goal and exceeding Fall Plans by 1%. Assisted Business Analysts in building a seasonal inventory plan that drove sales 38% over plan.
• Partnered with IT to create a sizing tool that enabled Planners to identify size opportunities by door, resulting in localized assortments with increased inventory depth on best selling sizes.
• Created sales and analysis reports that enabled business analysts to make informed business decisions.

• Drove transition, implementation and support of Customer Fulfillment Systems. Supported and executed tests plans during system transition. Simplified business processes and best practices for use across the organization.
• Led and facilitated testing and execution of conversion plans for fulfillment systems from Marshall Field’s to Macy’s model.
• Saved over $250,000 in customer orders during system transition.
• Created ‘Tabletop Central Stock System’ – a 58 store training guide and conducted Train-the-Trainer sessions for Store Selling Managers.

• Drove transition, implementation and support of Customer Fulfillment Systems. Simplified business processes and best practices for use across the organization.
• Key Contributor on Marshall Field’s Business Project Team for a $30 million Omni-Channel project to consolidate orders from multiple channels i.e. Gift Registry, Web, Phone, and Stores and then optimize the fulfillment.
• Led and facilitated testing and execution of conversion plans for fulfillment systems from Marshall Field’s to Macy’s model. Saved over $250,000 in customer orders during system transition.
• Created ‘Tabletop Central Stock System’ – a 58 store training guide and conducted Train-the-Trainer sessions for Store Selling Managers.

• Ensured the integration and execution of corporate strategies into business development plans that drove profitable sales growth.
• Served as Systems Administrator/Systems expert for: Item, Sales and Inventory, Central Stock Tabletop reservation and fulfillment, Merchandise Transfer, Return to Vendor Transfer, and Merchandise Locate systems.
• Coordinated conversion plans and executed testing for Dayton’s legacy systems.
• Created test scripts and executed Y2K readiness testing for Central Stock Order and Fulfillment system.

• Planned and forecasted future merchandise buys based on historical buys, reoccurring buys and current inventory levels.
• Analyzed, allocated and planned receipt flows for over $35 million in sales volume for Housewares and Cosmetics departments.
• Collaborated with buying team to develop financial plans seasonally. Monitored sales trends and made necessary adjustments to financial plans to achieve sales goals.

Certified Professional Project Manager (Cppm)

Master Of Business Analyst Certificate, Business Analysis

Business Process Management Certificate

Microsoft Office 2010 Certification, Microsoft Office Suite 2010

Microsoft Suite 2010

Teaching History