Greater Houston Retailers Cooperative Alliance, Inc

7110 Bellerive Dr., Houston, TX 77036

General Summary:

Reports to Director of Procurement

The Pricing Analyst is responsible for the master data for the organization related to planning, purchasing, and inventory management. This role will also function as the pricing expert and will create and drive pricing strategies and tactics that result in P&L growth for all categories.

Essential Functions:
Pricing Analyst responsibilities include, but are not limited to:

• Prepare & manage price books including but not limited to costing, pricing, & margins for all categories.
• Update tobacco pricing models to accommodate any contractual changes or Category Manager strategy shifts.
• Perform pricing audits, monthly performance monitoring and analysis to inform changes to go-forward pricing implementation and strategy.
• Generate Price Change Analysis reports recommending pricing actions based upon supplier communication of cost changes and while maintaining category margin targets.
• Suggested Retail Pricing (SRP) management for all warehouse products, including competitor pricing analysis to ensure retail pricing recommended to members balances profit and competitiveness in the ever-changing marketplace.
• Collaborate with Category Managers to carry out new promotion setups and monthly rebate funding for all eligible vendors/items.
• Perform pricing analyses and create actionable reports offering key insights on pricing scenarios to the Category Management teams for next actions.
• Create actionable reports for Category Managers that offer insights into pricing, promotional impacts, and competitive landscape, guiding the development of comprehensive pricing strategies.
• Analyze pricing strategy performance and impact; recommending and championing changes to pricing strategy based on results from analyses.
• Monitor market and competitive pricing, supply chain inventory and cost increases, and apply analytics to inform strategy.
• Maintain and update vendor & item master files daily as needed with creation of new suppliers, new items and updates to supplier contact details & item records as changes are submitted.
• Enter data into TA/NetSuite Master Data and verify 100% accuracy for the following: item masters, vendor masters, purchasing information records, pricing records, and other related data.
• Regularly review and enforce data quality and accountability. Analyze master data failures to understand root cause & promote fixes to correct data anomalies.
• Regularly monitor Item Master for missing and inconsistent data. Solicit missing/correct information from other departments and upload it into TA/NetSuite systems.
• Collaborate with Procurement, Finance, and Operations teams to understand ERP data requirements and ensure processes are clearly defined.
• Coordinate efforts among the data owners to deliver their data in a timely fashion to the Master Data team so item numbers and material master records can be created efficiently and in a timely fashion.
• Ensure thorough, complete, and timely communication with all necessary departments to verify completion of commitments and provide updates on timelines and responsibilities.
• Participate in meetings and on teams to enhance internal communication as well as contribute to establishing and maintaining policies and procedures for master data record keeping.
• Participate in continuous improvement initiatives.
• Creates reports based on ad-hoc analysis requests and special projects.
• Performs other related and assigned duties as necessary.

BENEFITS SUMMARY:
Generous benefits such as medical, dental, and vision insurance begin on the 1st of the month after 30-days. Industry-leading 401(k) up to 4% company match starts on the 1st of the month after 60-days day. Paid holidays, vacation time, educational assistance/training program, and more!
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.