Sales Analyst prepares sales forecasts and collects and analyzes data to evaluate current sales goals. Researches and evaluates current economic conditions that may affect the organization's ability to sell its products or services in the marketplace. Being a Sales Analyst assists in the development of sales quotas and forecasts for the sales team. Recommends changes to current sales techniques, procedures or promotional efforts based on market research and new trends. Additionally, Sales Analyst requires a bachelor's degree. Typically reports to a supervisor or manager. To be a Sales Analyst typically requires 0-2 years of related experience. Works on projects/matters of limited complexity in a support role. Work is closely managed. (Copyright 2024 Salary.com)
Key Responsibilities:
1. Supplier Pricing Management: Enter supplier pricing data accurately and efficiently into our system. Maintain up-to-date records and ensure alignment with supplier agreements and company pricing strategies.
2. Pricing Integrity: Monitor pricing data for consistency and accuracy, identifying and resolving discrepancies or errors promptly. Uphold pricing integrity by enforcing pricing policies and guidelines.
3. Margin Approval: Review and approve margins for products based on established criteria and profitability targets. Analyze pricing structures to optimize margins while maintaining competitiveness in the market.
4. Market Analysis: Conduct thorough market analysis to evaluate pricing trends, competitive landscape, and customer behavior. Utilize data-driven insights to inform pricing strategies and decision-making.
5. Data Analysis: Analyze large datasets to extract actionable insights related to pricing performance, customer segmentation, and product profitability. Present findings to management and recommend strategies for improvement.
6. Cross-Functional Collaboration: Collaborate closely with departments such as procurement, sales and finance to align pricing strategies with overall business objectives.
7. Process Improvement: Continuously assess and enhance pricing processes and systems to improve efficiency, accuracy, and scalability. Identify opportunities for automation and optimization to streamline pricing operations.
8. Other duties as assigned.
Qualifications:
Benefits: