ALTOR · 20 hours ago
Pricing Analyst
Chesterfield, MO
Full-time
Hybrid
Mid Level
3+ years expALTOR is a company focused on developing effective pricing strategies for its products and services. The Pricing Analyst role involves analyzing pricing datasets, collaborating with cross-functional teams, and implementing pricing models to ensure competitiveness and profitability.
Industrial EngineeringPackaging ServicesService Industry
Responsibilities
Develop and propose pricing strategies for products or services that align with business objectives
Work with Commercial, Operations and Finance teams to understand the target customer and set competitive prices. Roll out price adjustments as needed based on raw material changes, economic or market conditions
Responsible for price quotation workflow between cross-functional departments
Create model for analyzing price changes
Analyze the cost structure of products or services to ensure that the pricing will cover costs and generate desired margins
Use financial models and analytical tools to assess the profitability of different pricing scenarios
Implement dynamic pricing models that optimizes revenue while maintaining competitive advantage. Regularly review pricing models to ensure they are in line with market conditions and company goals
Manage pricing processes from customer to order
Recommend areas for process improvements to enhance or streamline processes
Maintain pricing adjustments for key customers and ensure adjustments are documented and implemented
Manage master file of all pricing in various ERP systems
Assist Sales team with price changes, including templates
Provide regular reports on pricing performance, including revenue, profit margins, and market share
Present pricing recommendations and performance analysis to senior management or other stakeholders
Work closely with the commercial, operations, and finance teams to align on pricing strategy and ensure that pricing supports broader business goals
Collaborate with sales teams to understand their needs and provide data-driven insights
Assist in the development of sales strategies by offering analytical support
Help sales teams understand pricing structures and provide them with the necessary tools to communicate value to customers effectively
Track sales team performance, territory performance, and individual metrics
Identify areas where performance can be improved and propose solutions
Project management as needed
All other duties as assigned
Qualification
Required
Bachelor's degree in business, economics, finance, or a related field
Minimum 3 years of experience in pricing, finance, or data analysis
Proficient with Microsoft Office -- MS Word, Excel, PowerPoint
Proficiency in use of ERP System and CRM Software (Salesforce)
Proficiency in Power BI, Tableau, and Smartsheet
Preferred
Manufacturing industry experience preferred
Company
ALTOR
At Altor, we're pioneers at the intersection of innovation and excellence, serving the Life Sciences, Industrial, Perishables, and Innovation segments.
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
unknown2021-10-05Acquired
Leadership Team
Terry A. Moody
Chief Executive Officer I Board Member
Andy Schultz
Chief Financial Officer
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