Sr. Pricing Analyst

About RS Group

Across the industrial design, manufacturing and maintenance worlds, we’re the digital destination for product and service solutions to help our customers with the maintenance, repair and operation of their businesses. We provide global access to an unrivalled range of over 750,000 stocked industrial products. Each day our team of experts deliver solutions to resolve our customer’s challenges across design, procurement, inventory and maintenance. We consistently strive to deliver the best possible service to all of our customers and challenge ourselves to provide a seamless procurement experience.

We are one team. We deliver brilliantly. We do the right thing. We make every day better. These are our values. They unite our c.9,000 global colleagues and differentiate us from our competition. They are a mix of how we work today and how we must step up for the future. Most importantly, it is one set of values shaped by our people, for our people.

Together, we can make great things happen. Aim for amazing and beyond.

 

About the Role

This role is responsible for ongoing pricing and margin improvements for specific portions of the RS Americas business.  The selected candidate will set pricing and margin strategies and tactics thru analysis of the relevant competitive data, identifying opportunities for improved resale pricing and margins, working closely with internal departments (Product Management, Supply Chain) to gather input and alignment.

 

This role will also initially take on some level of shared responsibility for maintenance / upkeep of department-wide analytic tooling and processes supporting price and margin improvement initiatives.

 

Responsibilties 

• Resale Price Setting for specific business segments
  • • Continuous review and adjustment of pricing rules in conjunction with build out, review and adjustment of resale prices.
    • Capture and upload of competitive data as necessary
    • Maintenance of vendor-supplied list prices and other pricing related data as necessary
    • Ongoing analysis of successes and failures, and associated strategy and tactic adjustments
• Analytical tool development leadership
  • • Lead developer of all new analytic tooling for commercial use inclusive but not limited to material master, transactional sales data, price waterfall, and price change auditing.
    • Leader of analytics related tool changes and adjustments
    • Provide analytic tool training to new analysts and design and roll out best practice improvements with the team.  Resident analytics data and analytics tooling functionality and data flow expert.
• Data support for Supply Chain and Product Management activity (business review meetings, product lifecycle analytics, ad-hoc and one-off requests)
• Drive business process improvements and strategy in managing and analyzing margin
• Continuous improvement in communications between Pricing and other touchpoint functions / departments (Product Management / Supply Chain / etc.) 
• Act as the back-up point person for inquiries and requests as they relate to analytical and Pricing tools and processes.

 

Essential Qualifications, Knowledge, Abilities and Skills

Required

• Strong understanding of price elasticity and value-based pricing concepts
• Ability to simultaneously manage multiple and sometimes competing priorities
• Strong math and business background and financial acumen
• Demonstrated data manipulation and transformation skills - experience with unit of measure conversion challenges.
• Demonstrated problem solving skills
• Adept communicator (verbal, written and listening) – storyteller with the ability to explain technical issues and fixes to non-technical audiences
• Customer service oriented - dedicated to meeting the expectations and requirements of internal and external customers
• Demonstrated passion for continuous learn