Junior Pricing Analyst
We are collaborating with a leading Global Company in a specialized field to find an Emerging Pricing Analyst
Pricing Analyst (job description)
Description:
· The primary focus of this position is to maintain and analyze product pricing to achieve an optimal balance between sales volume and profits.
· Responsibilities include developing relationships with product suppliers that align with the company's overall strategy, and obtaining updated pricing information, promotional material, and technical content.
· Efficiently handle data management tasks such as bulk pricing updates, creating new product listings in the ERP system, and organizing e-commerce data for new product launches.
Key Tasks:
· Research, set, and update product pricing across all e-commerce product categories on a regular basis.
· Determine list prices and discounts for different levels of buyers such as OEMs, Distributors, and bulk purchasers.
· Collaborate with vendors for potential partnerships and develop product categories that complement the current product line.
· Manage relationships with distributors through regular communication and idea exchange.
· Ensure vendor compliance with e-commerce data standards and facilitate vendor participation in e-commerce programs.
· Assist in building product data tables and contribute to digital content creation projects.
· Identify marketing initiatives from vendors that can enhance product sales.
· Manage ERP and e-commerce system updates for pricing, discounts, and new product listings.
Core Skills:
· Solid grasp of business mathematics and experience with analytical tools like SPSS, SAS, or Minitab
· Proficient in manipulating and formatting data from various sources, including SQL, spreadsheets, and databases
· Effective communication and collaboration skills for project work
· Bachelor's degree in business or related analytical field