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W.W. Grainger, Inc

Pricing Analyst

W.W. Grainger, Inc - Lake Forest, IL

Job Description
Pricing Analyst Position Description Primary Function:This role is responsible providing pricing leadership and decision making support to the GIS Pricing, Sales and Marketing organizations. This role is responsible for insightful analysis to business leadership assisting those leaders to understand the drivers of pricing decisions. Working under the Pricing Strategy Manager, this role helps formulate pricing strategy, conduct detailed cost and price analysis, and drive the implementation of pricing decisions. The individual will work in close collaboration with other parts of the organization including Product Management, Finance, Sales, Marketing, and Customer Service. Principal Duties and Responsibilities:Develop models to analyze potential impact of discounting structures on the performance and profitability of targeted customer segments.Assist Pricing Strategy Managers with pricing program administration and review.Work closely with the Marketing team to understand their go-to-market approach and provide guidance as needed.Provide proactive analysis to Sales and Customer Service leadership to increase revenue and maintain customer profitability.Embed themselves within aligned cross-functional teams and serve as the main point of contact for pricing analysis.Partner closely with Pricing Analytics and Finance team to develop reliable forecasting models and program performance metrics.Develop reporting and pricing tools to allow field (Sales/Customer Service) to better understand and communicate pricing issues to the customer.Develop post analysis and provide recommendations to leadership. Position Requirements Preferred Education and Experience:Bachelor’s degree required, 3-5 years’ experience in Finance, Sales, supply chain or equivalent experience, MBA preferredDemonstrated working knowledge of business strategies including customer requirements, Supply Chain strategies, product information strategies and marketing strategies.Demonstrated proficiency in working across business functions.Experience in developing financial/pricing analysis and implementing changes based upon analysis.Solid leader and self-motivated with proven ability to sustain strong internal partner relationships.Capable of gathering external customer knowledge and effectively balance customer needs with those of the business.Ability to manage change and influence others in order to reach stated objectives. Proven relationship-building skills to get desired results.Excellent communication and business writing skills. Ability to determine the appropriate amount of detail gained in research in order to present findings in an accurate, methodical, and concise manner.Good financial and analytical skills. Strong decision making and problem solving skills.Proficiency with information systems, including SQL, Teradata, SAP, and Microsoft Office applications. SAS and SPSS knowledge a plus.   Working Relationships:The Pricing Analyst supports initiatives driven by the Pricing Strategy team. This position will partner with the Pricing Operations and Pricing Analytics & Insights teams. This position will also have strong working relationships across Sales, Sales Support, Marketing, Finance, Supply Chain, and Customer Service. Work Environment:Lake Forest, IL office based Impact:The main objective of the role is to drive growth through pricing initiatives that best meet the needs of Grainger customers. Decisions that are implemented based on the recommendations of the Pricing Analyst have long-term implications to company results.  Grainger is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status

5 days 9 hours ago

W.W. Grainger, Inc


Pricing Analyst W.W. Grainger, Inc - Lake Forest, IL, United States


Location: Lake Forest, IL

Company Profile:
Grainger’s mission is to help professionals keep their operations running and their people safe while providing an environment where hard-working and talented team members thrive. Every day our 23,700 team members get it done for our customers, suppliers and communities. Their global spirit of service fuels the company’s commitment to making a positive difference everywhere we operate