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Strategic Pricing Analyst

2 weeks ago


Northfield, IL, United States Medline Full time
Job Summary
The Pricing Strategy Analyst role will work closely with the Senior Manager, Strategic Pricing, in all analytical responsibilities towards RFP proposals and optimization. This position will be dedicated to supporting National GPO RFP activity and will perform analysis/prepare evaluation and recommendations for category pricing based on sales trends, and other quantitative and qualitative information. In this role you will present findings and pricing recommendations to product divisions and sales.

Job Description

Responsibilities:
  • Use internal database to analyze pricing, sales, and profitability to develop suggested prices across different types of contract categories and GPOs
  • Analyze existing pricing across all market sectors, identify price/volume trends to highlight discrepancies and set expectations relative to a market segment
  • Provide strategic insight into contract position for renewals and new opportunities by evaluating the financial impact
  • Create reports, develop recommendations and present to product divisions and sales about pricing strategies throughout the year, showcasing areas where we are over/under priced in the marketplace and impacts on margin
  • Perform ad-hoc analysis for market trends, value-adds, account evaluation, risk and opportunity evaluation and other activities
  • Develop a thorough understanding of the competitive landscape and major players
  • Serve as the main point of contact for pricing inquiries for internal stakeholders
  • Serve as a subject matter expert around the various National GPOs as it relates to their operations, expectations, and strategy
  • Cross departmental collaboration with various stakeholders across the company
Required Experience:

Education
  • Bachelor's degree in Business, Finance, Accounting, Mathematics, Applied Statistics or other analytical degree
Relevant Work Experience
  • At least 2 years of experience pricing/financial analysis or other related analytical field
  • Experience with financial analysis, price/volume analysis, elasticity analysis, financial models
  • Proven track record with large data sets/information
  • Strong communication skills, both verbal and written
Additional
  • Advanced level skill in Microsoft Excel and PowerPoint
  • Basic/intermediate SQL skills preferred
  • Experience with SAP
  • Strong analytical skills and business acumen
  • Highly motivated, results driven, time management capabilities
  • Ability to perform in a fast paced dynamic environment


Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

The anticipated salary range for this position:
$67,000.00 - $101,000.00 Annual

The actual salary will vary based on applicant's location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold.

Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average. For a more comprehensive list of our benefits please click here. For roles where employees work less than 30 hours per week, benefits include 401(k) contributions as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp.

We're dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best. Explore our Belonging page here.

Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.