Product Manager Pricing Optimization
San Francisco, California, Us
• Oversaw the optimization and integration tracks of the promo and markdown optimization software (called Price & Event Management or PEM) development for Gap Inc, which created yield improvement and reduction of liable inventory.• Enabled four brands to go-live on the tool (Banana Republic, Banana Republic Factory Stores, Gap Specialty, and Gap Outlet) while providing development for the brand, Old Navy, to onboard PEM in the second half of 2020.• Worked with data scientists at Gap Inc to develop and deploy a price point model that was better suited to online to increase optimization coverage into that channel.• Set priorities for tracks so that PEM would deliver on key milestones and make the most of valuable developer resources. Worked with other product managers across the inventory planning space to unblock developers. Had business context training for developers to limit acceptance criteria to true business-related situations. Helped business partners to provide configuration values to tailor the pricing optimization to the market/channel and provide the greatest return.• Provided support for brand training and answered individual planner's questions about the recommendations. Escalated issues to the promo optimization developers if not returning values that limited liable inventory and gained gross margin dollars to provide better recommendations in the future. Provided detailed explanations of recommendations to the user base and collected examples to highlight during training to increase brand acceptance. Developed markdown optimization logic documentation for knowledge transfer to future product managers and developers.• Participated in roadmap and strategy sessions to position PEM for future growth and to fully develop on the potential of localized optimization. Helped record time studies to prioritize enhancements by cost and time savings parity to current pricing solutions for the Old Navy online channel.