Purchasing Analyst

Your new company
Hays are working with a renowned distribution business in Shrewsbury who are seeking a Purchasing Analyst on a permanent basis due to growth. This is an instrumental role in shaping and executing pricing strategies across diverse products and markets. This role combines data analytics, market intelligence, and cross-functional collaboration to optimize pricing models that drive profitability and competitiveness.
Your new role
As a Purchasing Analyst you will report to the Procurement Director and be responsible for the following:

• Develop and maintain dynamic pricing models based on data, market trends, and customer behaviour.
• Lead the implementation of pricing mechanisms.
• Monitor and adjust pricing algorithms to align with demand, cost changes, and strategic goals.
• Conduct scenario analysis to evaluate the impact of pricing strategies on revenue and profitability.
• Establish and maintain supplier price benchmarking systems.
• Support commercial teams with scenario planning and cost impact analysis.
• Conduct ongoing research into competitor pricing and market dynamics.
• Analyze industry benchmarks and customer feedback to inform pricing decisions.
• Deliver insights to marketing, product, and sales teams..
• Support the development of agile pricing systems, including real-time online pricing.
• Ensure pricing practices comply with legal and internal standards.
• Maintain thorough documentation of pricing models and changes.

What you'll need to succeed

You will need to have demonstratable experience within:

• Minimum 2 years in dynamic pricing, revenue management, or a similar analytical role.
• Excellent analytical and problem-solving abilities.
• Strong communication and presentation skills.
• Collaborative mindset with attention to detail and accuracy.

What you'll get in return

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

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