Commercial Analyst

Espire; Tamworth; On-site; GBP 25,000 - 45,000; Full time

Job summary

An established industry player is seeking a Commercial Analyst to join their dynamic team. In this pivotal role, you will analyze market data and product performance, ensuring the company stays ahead in a competitive landscape. You'll be responsible for managing stock levels, validating new products, and supporting the Commercial Department. This position offers a unique opportunity to contribute to strategic decisions that drive growth and efficiency. If you have a keen eye for detail and a passion for data-driven insights, this is the perfect role for you.

Benefits

Option to purchase extra annual leave

Health Cashback Plan

Pension Scheme

Life Assurance

Free Parking

Qualifications

• Strong analytical skills with attention to detail and effective communication.
• Ability to manage stock levels and conduct product performance analysis.

Responsibilities

• Analyze market data and product performance to inform business decisions.
• Manage stock levels and propose corrective actions for slow-moving items.

Skills

Attention to detail

Effective Communication

Flexibility

Self-Management

Consistency and reliability

Positive attitude

Job description

Due to growth, Scolmore have a new vacancy for a Commercial Analyst to join our Commercial team.

Main Duties:

1. Market Data Harvesting – work with the external sales team to gain reliable market data to be used when launching new products and reviewing existing product performance.
2. Develop and maintain effective methods of storing and analysing relevant market information.
3. Product Performance Analysis – under the supervision of the Commercial Manager track and report on the progress of new & existing product identifying progress against targets and distributing to all relevant departments.
4. Slow & Obsolete Stock – review stock levels vs. turnover and identify and review slow moving items and propose corrective actions. As part of the New Product Introduction process, identify lines at risk of becoming obsolete and influence the phase out such lines and ways of influencing stock holding to mitigate risk against future stock issues.
5. System Data maintenance - maintain and manage customer price files within the system, including promotions and pricing adjustments.
6. Stock management - Take responsibility for reviewing stock levels against forecasts and performance. Generate reports for management and other departments.
7. New Product Validation – Take responsibility for reviewing the commercial viability of new products being developed by the Product Development department. Key areas of focus around target pricing / costs, margin expectations as well as forecasts.
8. Support the whole of the Commercial Department and offer cover for all areas when needed.

Essential Skills and Experience

1. Attention to detail – the ability to see and pay attention to details; the ability to recognise component parts of a procedure and to verify the correctness or error on an individual part or procedure.
2. Attitude towards others – maintaining a positive, open, and objective attitude towards others.
3. Consistency and reliability – the capacity to feel an internal motivation to be conscientious in personal or professional efforts; the need to be consistent and reliable.
4. Flexibility – the ability to readily modify, respond to, and integrate change with minimal personal resistance.
5. Self-Management – the ability to prioritise and complete tasks in order to deliver desired outcomes within allotted timeframes.
6. Effective Communication – ability to use a broad range of communication styles and choose appropriate, effective ways to communicate to different audiences in diverse situations.

Benefits:

• Option to purchase up to 5 extra days annual leave
• Health Cashback Plan
• Pension Scheme
• Life Assurance
• Free Parking

Site Location: Scolmore House, Tamworth, B79 7UL