What are the responsibilities and job description for the Price Specialist position at 84 Lumber Company?
The incumbent is responsible for working with store personnel to create a comprehensive strategy to set retail prices, establish baseline contractor pricing, and work with store personnel to created margin logic strategies. The incumbent will work with store personnel to look for new approaches to pricing.
Responsibilities
Directly work with stores/customer to set contractor pricing
Perform maintenance on selling prices as needed
Set retail tier prices
Directly work with regional managers and store managers to increase profitability based on margin and sales.
Validate pricing practices by using market pricing analytics
Set advertised prices
Training of pricing profitability
Create customer pricing models
Create margin logic models to obtain new business
Qualifications
Must be able to create price modeling formulas
Create spreadsheets
Word Processing
Comfortable talking to large groups of people
Ability to define problems, collect data, establish facts, and draw valid conclusions; interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
The minimum requirement for this position is a Bachelor’s Degree in business, mathematics, finance, or accounting; or at least 4 years of specific experience and/or training related to the essential functions of the job; or equivalent combination of education and training. Strong analytical skills are needed.