Private Brands Pricing Analyst
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What you'll do
- Conduct proactive pricing analysis to ensure Summit Racing Equipment is competitive while maintaining the highest margins that the marketplace will allow.
- Execute corporate and department pricing strategies.
- Conduct competitive retail analysis, execute retail changes relating to vendor cost changes, and adapt as pricing strategy evolves.
- Analyze part types and product categories to make sure our pricing structure matches product offering hierarchy of good-better-best or similar variables.
- Maintain balance between sales, profit, and gross margin growth for the company.
- Communicate opportunities and challenges within the department to aid in inventory alignment and sales opportunities. Work cooperatively with Purchasing and Merchandising.
What they're looking for
- Must be fluent in calculations of margin, gross profit and cost/sales relationship.
- Must be current on industry best practices and adaptable to new or emerging tools and technology.
- Candidates must be located in OH to be considered.
Nice to have
- A two-year college degree in Marketing, Advertising, or Business is preferred.
- Related experience, preferably in both consumer and Business-to-Business, with a track record of creative/forward thinking and analysis.
- Project management experience, use of spreadsheets, i.e. Microsoft Office products.
- Automotive knowledge or mechanical aptitude in a related field is beneficial.
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
SUMMARY
The role of Pricing Analyst for Private Brands is unique from other SRE Pricing roles because we are the manufacturer and we are setting our own price. This role will help monitor sales, inventory and cost changes to help manage the business. Summit Racing Private Brand has enough SKUS and price volatility that we need a dedicated person for the department to help ensure competitive pricing while protecting margin and helping improve inventory turns.
Initial training will be 100% on-site. After training period, this will be a hybrid position with minimum 3 days on-site (Tuesday, Wednesday, Thursday).
Candidates must be located in OH to be considered.
ESSENTIAL DUTIES AND RESPONSIBILITIES (includes other duties as assigned):
- Conduct proactive pricing analysis to ensure Summit Racing Equipment is competitive while maintaining the highest margins that the marketplace will allow. Execute corporate and department pricing strategies.
- Conduct competitive retail analysis, execute retail changes relating to vendor cost changes, and adapt as pricing strategy evolves.
- Analyze part types and product categories to make sure our pricing structure matches product offering hierarchy of good-better-best or similar variables.
- Maintain balance between sales, profit, and gross margin growth for the company
- Communicate opportunities and challenges within the department to aid in inventory alignment and sales opportunities. Work cooperatively with Purchasing and Merchandising.
EDUCATION and/or EXPERIENCE
- A two-year college degree in Marketing, Advertising, or Business is preferred. Related experience, preferably in both consumer and Business-to-Business, with a track record of creative/forward thinking and analysis. Must be fluent in calculations of margin, gross profit and cost/sales relationship. Must be current on industry best practices and adaptable to new or emerging tools and technology.
- Project management experience, use of spreadsheets, i.e. Microsoft Office products.
- Automotive knowledge or mechanical aptitude in a related field is beneficial.
The Team Member Experience:
We work together to take care of our customers, our communities, and each other. When you join the team, you’ll enjoy a positive, productive atmosphere where people truly believe in what they are doing. If you’re passionate about providing the best experience possible to our customers and to your fellow team members, you’re in the right place.
If you are an individual with a disability and need assistance interacting with our career site, please contact us by calling (330) 630-5570 option 2 for Human Resources.
Summit Racing Equipment and its entities provide equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Company
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