Product Pricing and Sourcing Analyst

$50,000 - $75,000/Yr

Mcguff Company - Santa Ana, CA

Full-time - Mid Level

Santa Ana, CA

Chemical Manufacturing

About the position

The Product Pricing and Sourcing Analyst at McGuff Medical Products is a strategic role focused on refining product offerings and sourcing new products within the medical and pharmaceutical sectors. This position requires a highly analytical individual who can optimize pricing models, evaluate product mixes, and negotiate contracts with suppliers. The role is integral to the company's growth and may evolve into specialized positions in product strategy and sourcing as the company expands.

Responsibilities

• Analyze and refine product offerings to align with customer needs and market demands.
• Develop and implement pricing models to maximize profitability while remaining competitive.
• Evaluate and determine appropriate sales units for products to meet customer preferences.
• Conduct market research to identify trends and customer preferences.
• Research and identify better or cheaper products for the inventory.
• Negotiate contracts with suppliers and manufacturers for product acquisition.
• Collaborate with various teams to ensure seamless product sourcing and delivery.
• Utilize data analysis tools to interpret sales data and market trends.
• Leverage technology to enhance productivity and decision-making processes.
• Continuously seek opportunities for innovation in product offerings and pricing strategies.

Requirements

• Minimum of 3-5 years of experience in product management, pricing strategy, or a similar role.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
• Strong data analysis capabilities.
• Experience in the medical, pharmaceutical, or medical device market is a plus.
• Bachelor's degree in business administration, marketing, economics, or a related field preferred.

Nice-to-haves

• E-commerce experience is a plus.
• Familiarity with AI tools for enhancing productivity.
• Nursing experience is an even bigger plus.

Benefits

• Health insurance
• Dental insurance
• 401(k)
• Paid time off
• Vision insurance
• 401(k) matching
• Life insurance