Pricing Analyst
Qualifications
Experience Level: Entry Level
- Bachelor's degree in Business – Finance, Economics, Supply Chain or Equivalent
- Advanced knowledge of Microsoft Excel
- Understand profit and margin calculations
- Eligibility to work in the US
Full Job Description
Applied Industrial Technologies, a leader in industrial market distribution and technical solutions, is seeking a Pricing Analyst for its Chanhassen, MN location. This role is pivotal in implementing and managing pricing strategies through in-depth statistical analysis. The analyst will be instrumental in developing and refining processes to optimize pricing activities, working collaboratively with sales teams and suppliers to drive profitability and market expansion.
Key responsibilities include:
- Disseminating supplier cost change information to the sales team.
- Developing and presenting recommendations and analytical reports for new pricing strategies to ensure profitability and market share growth.
- Managing customer compliance requests and liaising with suppliers for necessary documentation.
- Preparing internal reports (e.g., sales mix, margin) to monitor performance, communicate insights, and guide actions for the sales team and management.
- Maintaining customer and product cost and price matrices.
- Administering supplier rebate programs.
- Analyzing customer forecast reports to optimize inventory and order levels.
- Generating ad-hoc reports for sales and management.
- Proactively identifying and implementing process and system efficiencies.
This is an onsite, full-time position.
Company
Applied Industrial Technologies
Since its founding in 1923, Applied Industrial Technologies has established itself as a premier distributor and provider of comprehensive technical solutions for industrial markets. The company specia...