The Business Analyst is responsible for analyzing price performance and communicating with leaders to establish rates and guidance to drive towards company revenue and profit goals. They will manage the process from rate creation, review, approval and publishing to the field. They will also look for opportunities to improve pricing model for efficiencies and to improve pricing position of the product line.
- Analyze, interpret and communicate pricing results
- Effectively communicate pricing recommendations to Pricing Department leadership, corporate cross-functional Pricing leadership team and field leadership through persuasive presentations, easy to understand analytics, confident verbal presentation skills and solid analytical rigor.
- Identify opportunities for process improvements and implement best practices in pricing analysis.
- Develop expertise in management tools including third-party pricing software, analytical tools and customer data warehouse applications.
- Work closely with sales, marketing, finance, and product development teams to align pricing strategies with business goals.
- Conduct thorough market research to understand industry trends, competitor pricing, and customer demand.
- Develop, implement, and monitor pricing models to ensure competitive positioning and profitability.
- Other Sales, Pricing and Profitability-related projects as assigned by the supervisor
- Minimum of 5 years of work experience with a focus on data/business analytics, especially in Sales or Pricing environments.
- Bachelor’s degree in Finance, Economics, Business, Mathematics, or a related field.
- Experience in synthesizing data & information from multiple sources.
- Ability to turn data analytics into actionable & supportable recommendations.
- Experience in using analysis, visualization and data mining tools.
- Proficient in the use of Excel and PowerPoint.
- Strong communication skills and experience interacting with senior leaders.
- Regular, predictable, full attendance is an essential function of the job
- Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required
Skills Required
- Minimum 5 years of experience in data/business analytics, especially in Sales or Pricing environments.
- Bachelor's degree in Finance, Economics, Business, Mathematics, or related field.
- Experience synthesizing data and information from multiple sources.
- Ability to turn data analytics into actionable and supportable recommendations.
- Experience using analysis, visualization, and data mining tools.
- Proficient in Excel and PowerPoint.
- Strong communication skills and experience interacting with senior leaders.
- Willingness to travel as necessary, work required schedule, work at the specific location required, complete application, submit to background investigation and drug screening.
What We Do
Penske Logistics is a Penske Transportation Solutions company. We provide supply chain management and logistics solutions to leading brands around the world. Penske Logistics delivers value through its design, planning and execution in transportation, warehousing, freight management, and dry-van truckload services. Penske offers customized supply chain and logistics solutions including: Dedicated Contract Carriage; Distribution Center Management; Freight Management; Freight Brokerage; Transportation Management Solutions (TMS); Lead Logistics Provider (LLP), Control Tower and 4PL Solutions. We serve a variety of industries including: automotive; food, beverage, grocery, wine and spirits; cold chain; convenience and drug stores; quick service restaurants (QSRs); retail; big box retailers; building and construction products; CPG; healthcare; industrial manufacturing; consumer appliances and consumer electronics; and many others.
