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Assistant Pricing Analyst

Job LocationBasildon
EducationNot Mentioned
Salary23,000 - 26,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

About the CompanyIronmongeryDirect is the UKs largest online supplier of ironmongery, and ElectricalDirect specialises in supplying electrical products to the trade.We have recently been named as one of 250 UKs best workplaces for Well-being and we are looking to recruit a highly motivated Assistant Pricing Analyst.About the RoleWe are seeking a full time Assistant Pricing Analyst to work within the Merchandising Team. The team is dynamic, energetic and hardworking, which is vital within the fast-paced environment we work in. Through the supportive nature of the team we pride ourselveson encouraging and sharing best practices to enable each other to do the best job possible. Whilst were professional and committed, it is also a fun, friendly and sociable environment to be in.Overview and scope of job role:The Assistant Pricing Analyst is responsible for analysing competitor pricing matched with market expectations to determine the optimum selling price for products sold across the Ironmongery & Electrical Direct product assortments working closely with theCategory Management teamsKey responsibilities and accountabilities:

  • Develop pricing strategies alongside the Senior Merchandising & Pricing Manager
  • Track market trends against the agreed competitor set
  • Competitive price scraping & market analysis
  • Owner of the pricing dashboard and dynamic pricing tools
  • Creating reports & monitoring performance against pricing plans
  • GP% modelling and enhancement in line with company targets through the review of pricing mechanics
  • Analysis of current pricing structures for own brand and branded products in order to optimise profitability
  • Appropriate analysis to support domestic supplier negotiations
  • Regular pricing reviews of key value indicator lines (KVIs)
About You
  • Strong ability and desire to analyse data, draw conclusions and suggest strategic actions
  • Excellent written and verbal communication skills
  • Excellent teamwork skills
  • Proven ability to influence cross-functional teams
  • Strong excel skills
About the Benefits
  • 25 days annual leave plus public Bank Holidays
  • Annual investment of 40 hours development & training per employee and opportunities for career progression
  • Subsidised Private Healthcare for employees and their families
  • Fully funded Wellbeing offering operated by Health Shield with the ability to claim back medical costs, access to an EAP service including counselling sessions, a GP Anytime service and access to the NHS-approved Thrive wellbeing app
  • Discretionary annual company performance bonus
  • Monthly WOW awards for those that go above and beyond
  • Staff suggestion scheme with associated rewards
  • Staff discount on our products
  • Long service awards
  • Two paid volunteer days per year
  • Team building & social events each year including a Christmas Party, Summer BBQ and annual awards ceremony
  • £500 refer a friend incentive scheme
  • Free onsite parking in Head Office

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