Wurth Louis and Company · 1 day ago
Material Pricing Analyst
West Jordan, UT
Full-time
Onsite
Entry, Mid Level
$72K/yr - $83K/yr
1+ years expWurth Louis and Company is seeking a Materials Pricing Analyst responsible for managing SAP Material Master data and developing strategic pricing models. This role supports various teams by ensuring data consistency and profitability across sales channels, while overseeing material creation and pricing analysis.
Real Estate
Responsibilities
Review and enter new item creation requests in SAP ensuring consistency across platforms and alignment with company standards
Maintain and update material master data including supplier information, product descriptions, and shipping codes
Support product lifecycle actions such as discontinuations, marketing content updates, and promotional materials
Establish and update pricing for new and existing materials based on input from product management and market trends
Manage and maintain pricing models and databases; enhance pricing methodologies using data-drive approaches
Analyze material cost trends, commodity fluctuations, and supplier pricing behavior to identify risks, opportunities, and cost-saving strategies
Prepare pricing forecasts, cost-impact analyses, and budget models for leadership and business partners
Partner with purchasing, supply chain, product management, and finance to resolve discrepancies, support negotiations, and align cost and margin strategy
Support RFQ’s with modelling, benchmarking, and cost evaluations
Communicate supplier price updates and corresponding customer price and margin impact
Enter and validate discount and promotional requests from sales and product teams
Translate large, complex dataset into insights driving sourcing, pricing, and strategy recommendations
Monitor commodity markets, economic indicators, and global supply dynamics to anticipate cost movements
Identify pricing optimization through quantitative analysis, benchmarking, and scenario modelling
Create dashboards, visualizations, and reporting tools to communicate pricing trends and performance indicators
Develop and refine processes for data quality, price accuracy, system alignment
Prepare presentations and reports synthesizing pricing trends, market activity, and cost drivers
Performs other duties as assigned
Qualification
Required
Associates, Bachelor's degree in finance or equivalent experience in supply chain management, business, data analytics or related field
1-4 years of experience in pricing analysis, materials management, or procurement (preferably in distribution)
Strong proficiency in SAP and other ERP/MRP systems (e.g., Oracle, NetSuite)
Exceptional excel skills and experience with data visualization tools (e.g., power bi, tableau)
Knowledge of commodity markets, cost modeling, and manufacturing processes
Excellent communication, organizational skills, and attention to detail
Company
Wurth Louis and Company
Wurth Louis and Company is a construction firm serving the woodworking industry.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Thomas Stolmeier
Chief Executive Officer
Company data provided by crunchbase