1 hour

Pricing Analyst

National Food Group
Novi, MI 48377

Pricing Analyst


 


BASIC FUNCTION


 


The Pricing Analyst is responsible for the design and implementation of pricing strategies leading to sales opportunities, margin stabilization and improvement, and a competitive market approach. This role is also responsible for price management to establish and maintain price standards, strategies, and performance across products and segments.


 


Essential Job Functions:



  • Perform competitor analysis on similar products and services

  • Providing analysis for customer price deviations, bids, RFPs and trade agreements

  • Scope out opportunities based on market trends and industry conditions

  • Identify ideal pricing structures and sales funnels

  • Draft strategic pricing plans and processes including distributor pricing

  • Create reports reflecting metrics and project status, objectives and barriers

  • Communicate findings effectively to relevant departments of the company

  • Work with the sales and purchasing teams to define pricing structure for company products

  • Address issues and concerns raised by team members relating to pricing suggestions



     Compile data and create customized reports upon request


     Participate in the process of creating, presenting, documenting and submitting client account proposals


     Proposing solutions to meet organizational pricing and profitability goals


     Perform financial modeling on both past and present pricing trends


     Work with other departments to assess business management practices and finances


     Update and monitor pricing daily


     Monitor usage levels, and opportunities to minimize SKUs



  • Monitor commodity food market conditions by locating and using industry publications



 


REQUIRED:


 


Education:


BA/BS in Business, Finance or related fields


Requirements:



  • Strong organizational and communication skills

  • 5-7 years of related experience in pricing

  • Advance Excel Skills including V and H lookups, Pivot Tables and Macros

  • Advanced data analysis

  • Ability to summarize all data into reports and interpret all data analytics

  • Excellent attention to detail



 


 


Ability to:



  • Organize and prioritize work

  • Communicate effectively with others

  • Resolve problems

  • Be Self Motivated



 


Demonstrated skills in:



  • Communication both written and verbal

  • Task prioritization

  • Project Management



 


PREFERRED:


NetSuite experience preferred


Food Industry experience

Categories

Posted: 2020-07-04 Expires: 2020-08-03

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Pricing Analyst

National Food Group
Novi, MI 48377

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