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Pricing Strategy Analyst
2 months ago
Werner Electric Supply is a distinguished distributor of electrical products, solutions, and services, recognized as a leading entity in the industry. We are dedicated to fostering a supportive work environment that prioritizes employee development and community engagement. Our commitment to our workforce is reflected in our comprehensive benefits and competitive compensation packages.
Position Summary
The Pricing Data Analyst is integral to enhancing our pricing methodologies by systematically gathering, analyzing, and interpreting pricing information to optimize profitability while advising cross-functional teams.
Key Responsibilities
- Engage with various departments, including Sales, Product Management, Finance, and Customer Experience, to align on pricing goals and address challenges.
- Conduct statistical evaluations on pricing datasets to uncover trends and anomalies influencing pricing tactics.
- Design and sustain pricing models that reflect market conditions, customer behaviors, and cost structures to propose effective pricing strategies.
- Collect and structure pricing data from diverse sources, such as internal databases and market research.
- Analyze competitor pricing and market movements to inform strategic decisions.
- Develop data visualizations and reports to present insights and recommendations to stakeholders.
- Collaborate with IT to enhance data collection processes for more efficient analysis.
- Support the execution of pricing strategies and perform ongoing assessments of their success.
- Manage the processing and reconciliation of ship and debit rebate claims with vendors and finance teams.
- A Bachelor’s degree in Data Analytics, Business, Supply Chain Management, or a related discipline, or a minimum of 5 years of relevant experience.
- Strong analytical skills with a keen ability to derive insights from complex datasets, demonstrating meticulous attention to detail.
- Understanding of pricing strategies, market trends, and competitive analysis.
- At least 2 years of experience in roles such as Data Analyst, Pricing Analyst, or similar.
- Proficiency in Microsoft Office Suite, including Excel, PowerPoint, and PowerBI.
- Exceptional attention to detail and accuracy in data interpretation.
- Strong communication skills to articulate complex findings to non-technical audiences.
- Experience with price optimization tools.
- Ability to work autonomously, manage multiple priorities, and meet deadlines in a dynamic environment.
- Comprehensive Medical and Dental Coverage
- Disability Insurance
- Life Insurance
- 401(k) Plan with Company Match
- Paid Time Off for Holidays, Vacation, and Sick Days
- Tuition Reimbursement
- Wellness Programs
- Career Development Opportunities