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Pricing Analyst in Memphis, TN at TRUCKPRO

Date Posted: 11/17/2018

Job Snapshot

Job Description

SUMMARY: 

This position will be responsible for assisting in the management and direction of all of the pricing related activities for all products sold by TruckPro. The Pricing Analyst will work closely with product management, field operations, key business partners, and the senior management team to maximize the profitability of the business by systematically analyzing and recommending pricing levels throughout all product categories. The Pricing Analyst will also work on business intelligence to better understand the market and competition. 

PRIMARY DUTIES AND RESPONSIBILITIES:

  • Develop, evaluate, and implement pricing strategies and models based upon current business and competitive market dynamics.
  • Conduct research and perform competitive pricing analysis.
  • Monitor ongoing competitive environment to ensure practices do not adversely impact company reputation or customer satisfaction.
  • Forecast impact of pricing changes and promotion on revenue and gross profits.
  • Development of a retail pricing data mart.
  • Distribute ongoing reporting and analysis as well as ad hoc reporting to increase awareness and understanding of the pricing environment.
  • Develop and track metrics / key performance indicators (KPIs) to measure success and deliver profitable business growth.
  • Work with Product Management leaders to ensure that enough market knowledge is present to support pricing excellence, maintain competitive prices for all product lines and have competitive pricing available when initiating price on new products or reviewing existing products. 
  • Understand segmentation and value elements critical to customers in order to calculate value equations and target value propositions to customer segments to enable the right pricing actions.

EDUCATION:

  • A Bachelor’s Degree in Business, an analytical (e.g. economics, math, engineering, etc…) or related field. Is required.

EXPERIENCE:

  • A minimum of three years working experience in a related field is required.
  • Retail and/or heavy duty product pricing experience is preferred.

SKILLS & ABILITIES:

  • Candidates must possess the following:
    • Strong oral and written communication skills.
    • Proficient analytical and financial skills.
    • Proficiency in Microsoft Excel. 

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