3M Pricing Analyst (Maplewood, MN) Job in Maplewood, Minnesota

Job ID: 114795

3M is seeking a Pricing Analyst for the Standard Pricing Team in the US Business Services Organization located in Maplewood, MN. At 3M, you can apply your talent in bold ways that matter. Here, you go.

Job Summary:

The person hired for the position of Pricing Analyst will be responsible for maintaining, managing, and helping to analyze the standard, custom, promotional, and large buy pricing for 3M division(s) as a member of the Standard Pricing Operations Team in the US Business Services Organization. You will be responsible for daily maintenance, implementation of changes and price decisions in a variety of 3M systems and will prepare for ERP implementation. You will help to analyze pricing data and communicate findings and recommendations related to pricing decisions.

Primary Responsibilities include but are not limited to the following:

  • Manage and maintain the standard, custom/generic, promotional, and large buy pricing within the pricing databases for the specific division(s) you support.

  • Will be responsible for daily maintenance, of changes and price decisions in a variety of 3M systems and will prepare for ERP implementation.

  • Work closely with Product/Channel Marketers to assist in defining the standard, custom/generic, and pricing programs for the products and divisions that you support to help meet price yield expectations

  • Work with the Product/Channel Marketers to define and implement pricing programs such as promotions, volume buys, or CFM (Customer Focused Marketing) opportunities for the division you support.

  • Liaison with Customer Account Management on a regular basis to ensure orders price correctly, communicate promotional or volume setups, or CFM opportunities.

  • Work with Data Management Group on product hierarchy, data integrity, and new product introduction (NPI) processes to reduce manually priced lines.

  • Set up pricing for new products and manage pricing options related to phase in/phase out and obsolete products.

  • Creating/updating pricing rules and options in Pricing and Customer Service databases.

  • Plan, create, implement price pages/price catalog for the division(s).

  • Develop, define, and document simplified and standardized business process opportunities related to standard pricing related responsibilities.

  • Perform analysis of pricing, including price point analysis, pocket margin, profitability, and provide recommendations to Product/Channel Marketers for price adjustment decisions based on the data analysis.

  • Provide price consulting assistance to an audience which may not be knowledgeable in the subject area.

  • Demonstrate solid persuasion skills and manage differing interests and perspectives related to pricing.

  • Expectation upon hire is to develop a solid understanding of 3M's Enterprise Resource Planning (ERP) Pricing solution and processes.

Basic Qualifications:

  • Bachelor's degree or higher from an accredited university

  • Minimum of two (2) years of combined work experience in Finance, Marketing, Pricing, and/or Business Analyst

Preferred Qualifications:

  • Pricing or Business Analyst work experience

  • Ability to work independently and be accountable for meeting timelines

  • Minimum of three or more (3+) years of experience with Microsoft Office Suite

  • Strong communication and presentation skills.

  • Strong leadership attributes

  • Ability to learn new data tools and data sets quickly.

  • Business process management skills

  • Demonstrated ability to work both independently and in a team setting

  • Proficient with business reporting and using analytical tools - specifically Business Objects, MS Access, SQL and Excel; pivot tables, and v-lookup.

  • Flexibility and comfortable with extreme change.

  • Understanding of Enterprise Resource Planning (ERP) and deployment experience.

  • Knowledge about 3M Corporate systems, pricing systems, and applications.

  • Understanding of pricing systems including line book price pages

  • Understanding of Marketing and/or Financial Principles and Concepts.

Location: Maplewood, Minnesota

Travel: May include up to 5% travel

Relocation Benefits: Are not offered for this position

About 3M At 3M, we apply science in collaborative ways to improve lives daily. With $ 30 billion in sales, our 90,000 employees connect with customers all around the world. Learn more about 3M's creative solutions to the world's problems at www.3M.com or on Twitter @ 3M or @3MNewsroom.

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status)

3M is an equal opportunity employer. 3M will not discriminate against any applicant for employment on the basis of race, color, national origin, religion, sex, sexual orientation, gender identity, age, disability, or veteran status.

Posting Notes: ||Maplewood ||Minnesota ||United States ||N/A ||

Date: Oct 17, 2016

Location: Maplewood, Mn, US

Company: 3M