Parts Pricing Analyst

Overview

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We are seeking a highly analytical and detail-oriented Parts Pricing Analyst to join our team. In this role, you will be responsible for collecting and analyzing pricing data, identifying market strategies, and developing pricing models to optimize profitability and market share for KION North America (KNA) parts. The ideal candidate will possess strong communication and problem-solving skills, collaborating closely with sales and marketing teams to implement effective pricing strategies and present key findings to management.

• Collect and analyze pricing data from industry standards, previous sales trends and competitors and report data to decision-makers
• Identify marketing strategies and related pricing actions to increase profits
• Develop measurement tools to identify changing market pricing leading to the identification of pricing opportunities
• Collect and compile competitor and market pricing data (for both competitive and comparable prices)
• Use statistical modeling methods to determine the potential impact of pricing strategies
• Create reports and present findings to management based on established metrics
• Perform margin analysis to identify margin outliers and take appropriate action to align with pricing policies
• Maintain a comprehensive database of pricing history
• Collaborate with the sales and marketing teams to define pricing structure and strategies for KNA parts
• Perform pricing updates as defined by KNA management and provide pricing update files to dealers to ensure they have correct pricing
• Analyze the parts Masterfile to identify opportunities to optimize pricing by commodities
• Develop pricing discount strategies and ensure they adhere to KNA policies

• Analytical:
  Strong analytical skills are necessary to compare sales trends and analyze market data.
• Communication:
  Excellent written and verbal communication skills are important, as pricing analysts work with team members at all levels, including store associates, office staff and executive team members.
• Detail-oriented:
  The ability to pay close attention to detail while remaining accurate is crucial in the analysis of large collections of data.
• Problem-solving:
  Pricing analysts use problem-solving skills to identify declining sales trends and devise strategies to improve them.

• 2-3 years aftermarket pricing experience
• Exhibited knowledge of different pricing policies
• Excellent Microsoft tool skills and spreadsheet management abilities
• Material handling experience a plus

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