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Pricing Analyst
GHRA Houston, TX
$76k-94k (estimate)
Full Time 2 Months Ago
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GHRA is Hiring a Pricing Analyst Near Houston, TX

Pricing Analyst


General Summary:

Reports to the VP of Supply Chain Procurement

Primary Responsibility:

Manage digital database of all items carried in the warehouse through creation of new vendors and new items as well as updates to vendor and item databases as warranted. Analyze pricing actions taken by suppliers to provide Category Managers with analysis for approval, ensuring member pricing remains competitive while company profit strategies are maintained. Coordinate pricing on behalf of direct-store-delivery suppliers (DSD) and communicate to members. Verify promotional pricing communications.

Essential Functions:

  • Maintain and update vendor master file daily as needed with creation of new suppliers and updates to supplier contact details as changes are submitted
  • Maintain and update master item file daily with creation of new items and updates to item records per changes communicated by suppliers
    • Create entries for new products based on approved new items from Category Managers
    • Entries will include assignment of GHRA item code, product image, as well as all item attributes provided by supplier via New Item document
    • Responsible for SKU digital photography if sufficient image not provided by supplier
  • Generate Price Change Analysis reports recommending pricing actions based upon supplier communication of cost changes and while maintaining category margin targets
    • Execute pricing actions upon Category Manager approval
  • Suggested Retail Pricing (SRP) management for all warehouse and DSD product, including competitor pricing analysis to ensure retail pricing recommended to members balances profit and competitiveness in the ever-changing marketplace
  • Create monthly DSD beverage pricing document for timely posting on member portal
  • Confirm monthly promotional pricing for spanner and poster activity with suppliers
  • Review all costs/pricing details in monthly magazine to ensure accuracy
  • Support members price books via timely communication to Modisoft/TallyQuick of a monthly upload file, by UPC, including all promo items and pricing for following month
  • Correct any data entry errors that are reported
  • Work closely with Marketing team by providing all the necessary data as requested (product pictures, description, Item UPC etc.)
  • Performs other duties as assigned or requested per management

Experience and Skills:

  • 5 years’ experience in consumer goods within a marketing/marketing support role
  • High level of experience with Microsoft Excel and good working knowledge of Microsoft Word and PowerPoint
  • Excellent organizational and planning skills
  • Ability to multitask effectively
  • Cross functional experience
  • Experience with accurate prior data entry required


Educational Requirements:

  • High School Diploma or higher educational qualification


Physical Requirements:

  • May be standing or sitting for extend period of times
  • Occasional light travel
  • Extended period of time working in front of computer monitor


The above statements reflect the general duties and responsibilities necessary to describe the principal functions of the job, as identified, and shall not be considered an exhaustive list of job responsibilities which may be inherent in the job. Responsibilities are subject to change.

Job Summary

JOB TYPE

Full Time

SALARY

$76k-94k (estimate)

POST DATE

03/09/2024

EXPIRATION DATE

05/07/2024

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The job skills required for Pricing Analyst include Pricing, Analysis, PowerPoint, Microsoft Excel, Pricing Analysis, Planning, etc. Having related job skills and expertise will give you an advantage when applying to be a Pricing Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Pricing Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Pricing Analyst positions, which can be used as a reference in future career path planning. As a Pricing Analyst, it can be promoted into senior positions as a Competitive Pricing Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Pricing Analyst. You can explore the career advancement for a Pricing Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Pricing Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Pricing Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Pricing Analyst job description and responsibilities

Pricing analysts understand business trends and market values for the products and services their organizations offer.

03/24/2022: Virginia Beach, VA

Pricing analysts help determine what prices to set and whether current rates need adjustment.

02/05/2022: Denver, CO

Pricing analysts conduct research to learn the history of the product and previous market trends.

02/24/2022: Lafayette, LA

Pricing analysts collaborate with organizations that employ some form of a recurring revenue model to test various hypotheses about the efficacy of existing and proposed business models, pricing and packaging structure, and general market behavior.

03/14/2022: Boca Raton, FL

Heavily quantitative role focused on guiding management through developing pricing policies.

03/05/2022: Helena, MT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Pricing Analyst jobs

Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

04/10/2022: Fayetteville, NC

Students and new graduates can usually gain the necessary experience through a junior pricing analysis or finance position.

01/21/2022: Springfield, IL

Use pricing models to measure product profitability.

03/27/2022: Pittsfield, MA

Undertake ad-hoc pricing analysis as required by superiors.

03/02/2022: Boulder, CO

Therefore, to better understand changing price points, businesses should conduct new pricing-sensitivity study and market price tests right away.

03/12/2022: Hopkinsville, KY

Step 3: View the best colleges and universities for Pricing Analyst.

Butler University
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