Pricing Analyst

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Date: Jul 13, 2024

Location: Spartanburg, SC, US, 29303

Company: Milliken and Company

Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow’s breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people’s lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken’s curious minds and inspired solutions at Milliken.com and on Facebook, Instagram, LinkedIn and Twitter.

 

POSITION TITLE

Pricing Analyst

 

POSITION OVERVIEW

Our growing Chemical Division is seeking an experienced and curious data analyst to join our team. While the primary focus of this role will be supporting pricing & revenue operations, the successful candidate will also be involved in projects strategically important to sales & marketing, innovation, portfolio management, and operations. 

 

JOB RESPONSIBILITIES

Commercial Excellence – Pricing & Revenue Operations 

  • Support the implementation of PriceFx across the Chemical Division as the data analytics subject matter expert. 
  • Lead pricing data analysis to identify optimal pricing strategies, policies, rules, and fee-based options as well as process improvements to minimize value leakage and maximize Chemical Division competitiveness and profitability. 
  • Collect, organize, and interpret pricing data from various sources incorporating industry trends, market research, and other internal information. 
  • Develop predictive pricing and forecasting models considering multiple variables and scenarios with finance and product management. 

 

Commercial Excellence – Sales & Marketing Insights 

  • Support sales & marketing by analyzing customer behavior, market trends, and campaign effectiveness to ensure data-driven decision-making. 
  • Analyze customer behavior data to improve customer retention and satisfaction. 
  • Build customer segmentation models to enhance marketing effectiveness, pricing strategies, and target portfolio innovation efforts. 

Product Innovation & Portfolio Management 

  • Analyze customer data to identify opportunities for product innovation. 
  • Enable effective portfolio management by providing data analysis on sales performance, market trends, and strategic fit. 
  • Bring an outside-in perspective, recommending and developing analytical solutions (e.g., machine learning, artificial intelligence) for Chemical Division use cases (e.g., new product development, formulation optimization). 

Operational Excellence 

  • Extend analytical support to operations for projects on operational efficiency, process optimization, and cost reduction. 
  • Partner cross-functionally with chemists, engineers, sales teams, and other departments to understand their needs & translate data into actionable insights. 

 

Additional Considerations 

  • Shape a data-driven culture within the Chemical Division, mentoring others to develop our data science competency. 
  • Implement best practices for data quality & security and make recommendations to improve Milliken data governance policies. 
  • Continuously monitor and evaluate opportunities for and the impact of Chemical Division data science initiatives.  

 

 

QUALIFICATIONS - REQUIRED 

  • Bachelor's degree in Statistics,Computer Science,or a related field. A masters degree is a plus. 
  • Strong analytical and problem-solving skillswith a passion for extracting insights from data. 
  • Proficiency in data analysis tools such as Excel,Python or SQL (preferred),and data visualization software (e.g.,Tableau,Power BI). 
  • Excellent communication and presentation skills with the ability to clearly explain complex data insights to both technical and non-technical audiences. 
  • Strong attention to detail and ability to work independently and as part of a team. 
  • Ability to manage multiple projects, prioritize effectively, and meet deadlines. 
  • Familiarity with the chemical industry is a plusbut not required. 
  • Ability to travel up to 10% may be required.

 

 

Milliken is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to actual or perceived race, color, creed, religion, sex or gender (including pregnancy, childbirth or related medical condition, including but not limited to lactation), sexual orientation, gender identity or gender expression (including transgender status), ancestry, national origin, citizenship, age physical or mental disability, genetic information, marital status, veteran or military status or any other characteristic protected by applicable law.

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