Senior Pricing Analyst

If you have a passion for growth and thrive in a dynamic, “Get S*%t Done” (GSD) environment, Korpack invites you to join our fast-growing organization! Korpack is on the hunt for a Senior Pricing Analyst to join its team.

The Senior Pricing Analyst will drive the pricing strategy and ensure it aligns with Korpack’s overall business goals. This individual will require high attention to detail and a strong desire to win business through validation and price updates through our network of vendors and ERP system.

Who We Are:

Korpack is a team of innovators in packaging materials, contract packaging, and automation solutions. With an engineering mindset and creative flexibility, we aim to lead the industry by consistently improving our performance and meeting the highest standards. Our mission is to delight customers by delivering quality services consistently on time, keeping promises, and building lasting relationships.

We strive to disrupt the packaging industry from every angle. Our core values are:

• D – Determined
• I – Innovative
• S – Smile
• R – Responsive
• U – Understanding
• P – Proactive
• T – Teamwork

The above core values are what we are looking for as we grow our team. Accountability isn’t a want, but a need. If you have thick skin and enjoy fast-paced environments, and will do what it takes to win, apply today.

What Your Day Will Consist of:

Data Analysis and Reporting

• Data governance, data cleansing, and data organization to provide maximum efficiency and intelligence to our business users.
• Analyze pricing data from industry standards, previous sales trends, and competitors, and report data to decision-makers.
• Collect, organize, and analyze costing from various vendor options within each opportunity to make recommendations on the best fit.
• Prepare and present pricing analysis findings to executives, marketing teams, and sales staff.
• Audit the tools that are being used to quote to ensure accuracy, reducing liability of potential loss (Calculator Manager)
• Analyze existing business processes to identify potential cost-saving opportunities.

Pricing Validation and Verification

• Update and Conduct Price Validation for both Sales & Vendor Pricing
• Develop dynamic pricing tools to effectively respond to changing market needs and trends.
• Recommend pricing strategies that align closely with market trends and identify new market segments.
• Efficiently take large amounts of raw data and construct a usable dataset to make pricing decisions.
• Collaborate with supply chain, finance, sales and marketing departments on developing and implementing competitive pricing strategies to maintain and grow accounts while showing additional value.
• Work with relevant teams to resolve data discrepancies and maintain a clean and reliable dataset.
• Support in importing and maintenance of over 200,000+ SKUs based on cross-referencing and item creation data from respective departments.
• SQL queries, subqueries, scheduling jobs/stored procedures

Market and Trend Analysis

• Track customer engagement to develop effective pricing strategies for products and offerings.
• Support the Finance team with statistical modeling methods to determine the potential impact of pricing strategies on profitability.
• Compare sales trends to previous periods and determine the cause for fluctuations (decrease or increase).
• Conduct line-level audit Items, vendors, and customers using tools and data provided.

RFP/RFQ Support

• Assist in large RFP/RFQ organization and data analysis.
• Assist and develop tools that will allow us to remain FAST and ACCURATE during our quoting process
• Ask Questions and learn about our product offerings to enhance your ability to support the customer

What does success look like? (What You’ll do – Mission of the role)

The mission of the role is to work with complex data examining industry standards and pricing strategies to help businesses determine and set competitive prices and look for opportunities to improve quoting efforts to increase win rates and sales. Additionally, you will be responsible for auditing items, vendors, and customers as needed to ensure accuracy and reduce potential post-sale errors that could affect our customers.

What We Expect of You (Qualitatively)

• Intelligent / Learner: You learn complex concepts quickly. You demonstrate the ability to proficiently understand and absorb new information.

• Need for Achievement / Work Ethic: You are ambitious and strive for excellence. You set challenging goals and hold yourself accountable for exceeding them. You are willing to work as hard as possible to get things done.

• Curiosity: You ask why when analyzing data and open dialogue to enhance current processes and make recommendations to improve account health status.

• Patience: You can focus on lengthy data sets over a long period without becoming distracted, providing results in a timely manner.

• Organization / Efficiency: You are organized and orderly. You work in an efficient and effective manner with minimal wasted time. You focus on key priorities. You have a strong attention to detail.

• Customer-focused: white-glove service advocate.

What you Need to Bring to the Role:

Required

• Excel Superuser
• Experience with SQL
• ERP Experience

What Challenges We Expect

• There is a significant learning curve in this role, with custom solutions from a range of specialized and trusted partners (vendors/suppliers). The amount of information may feel overwhelming at first.
• We have cutting-edge tools and technologies that will take time to learn how and when to best apply.
• There will be a lot of data to analyze and review.
• Data may not always be accurate, so a healthy level of skepticism is necessary to root out outliers and make determinations and recommendations based on an accurate dataset

How We’ll Support You:

• You will have a team around you to help you perform in your role.
• Tools and training for effective analysis of trends and data.
• You will have templates for creating the visualized outcomes as a foundation.

What You’ll Earn

Aggressive compensation, 401K, Competitive benefits, Vacation, etc.