Product Business Analyst

Merchants Distributors - Hickory, NC

Full-time

Hickory, NC

Merchant Wholesalers, Nondurable Goods

About the position

The position involves providing analytical support to private brands and category management, focusing on procurement and inventory analysis. The role requires processing data, generating reports, and offering insights to assist teams in making informed decisions regarding product categories and marketing strategies.

Responsibilities

• Process weekly/monthly procurement and category management dashboard in PowerBI
• Run and analyze daily/weekly/monthly reports to provide data for procurement teams (both MDI and WLF) to make informed decisions
• Provide movement and inventory analysis on an ad-hoc basis for team members
• Create reporting efficiencies for buyers, CM's, and assistants
• Provide category insights and proposals by analyzing marketing and consumer data
• Run and analyze pre and post analytics for category changes, and ads as well as elasticity reports
• Compile financial reporting on categories and run reporting for item performance
• Compile data for SKU rationalization and determining item regionality and performance
• Provide and analyze IRI data as needed for category analysis
• Monitor and evaluate marketing programs and segmentation strategies through analysis and sales data reports on patterns and trends
• Provide ongoing support for private label programs including cost comparison analysis, void and penetration reports
• Provide vendor & product related accruals to accounting for each closing period
• Monitor and evaluate internal and external market data including new item/delist recommendations, pricing, promotions and merchandising effectiveness, and supplier score carding
• Work with warehouse engineers and other analysts to maximize efficiencies of new buying and category management tools
• Spend time with the Buyers/team to understand their roles and offer reporting/insight that can assist the Buyers
• Use multiple systems/data sets to understand and provide the data needed and determine the best sources

Requirements

• Knowledge generally associated with an associate degree in business or related field
• Must be Advanced in Microsoft Word & Excel
• Ability to work under pressure and meet deadlines
• Self-motivated and ability to work with minimal supervision
• Strong organizational skills and ability to multi-task