Private Brands Pricing Analyst

Summit Racing Equipment; Tallmadge (OH); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

Medical Insurance

401(k) with company match

Employee discounts

Paid holidays

Job summary

Summit Racing Equipment seeks a Pricing Analyst for Private Brands to manage pricing strategy for the in-house line. The role focuses on monitoring sales, inventory, and cost changes to optimize margins and inventory turns. Initial training will be on-site, followed by a hybrid schedule with three on-site days (Tue–Thu).

Located in Ohio, this position requires being within driving distance. The analyst will implement competitive pricing, analyze vendor costs, and adjust pricing as needed to

Qualifications

• A two-year college degree in Marketing, Advertising, or Business is preferred.
• Related experience in consumer and B2B with analytical mindset.
• Fluent in calculations of margin, gross profit and cost/sales.
• Up-to-date on industry practices and adaptable to new tools.
• Project management experience; proficient with spreadsheets and Office tools.
• Automotive knowledge or mechanical aptitude is beneficial.

Responsibilities

• Conduct proactive pricing analysis to stay competitive while protecting margins.
• Execute pricing strategies and respond to vendor cost changes.
• Analyze product categories to align pricing with product hierarchy.
• Maintain balance between sales, profit, and gross margin growth.
• Collaborate with Purchasing and Merchandising to align inventory and pricing.

Skills

Pricing analysis

Margin calculations

Cost/sales relationship

Spreadsheet skills

Education

Two-year degree in Marketing/Advertising/Business

Tools

Microsoft Office

Job description

SUMMARY

The role of Pricing Analyst for Private Brands is unique from other SRE Pricing roles because we are the manufacturer and we are setting our own price. This role will help monitor sales, inventory and cost changes to help manage the business. Summit Racing Private Brand has enough SKUS and price volatility that we need a dedicated person for the department to help ensure competitive pricing while protecting margin and helping improve inventory turns. Initial training will be 100% on-site. After training period, this will be a hybrid position with minimum 3 days on-site (Tuesday, Wednesday, Thursday). Candidates must be located in OH to be considered.

ESSENTIAL DUTIES AND RESPONSIBILITIES (includes other duties as assigned)

Conduct proactive pricing analysis to ensure Summit Racing Equipment is competitive while maintaining the highest margins that the marketplace will allow. Execute corporate and department pricing strategies. Conduct competitive retail analysis, execute retail changes relating to vendor cost changes, and adapt as pricing strategy evolves. Analyze part types and product categories to make sure our pricing structure matches product offering hierarchy of good-better-best or similar variables. Maintain balance between sales, profit, and gross margin growth for the company. Communicate opportunities and challenges within the department to aid in inventory alignment and sales opportunities. Work cooperatively with Purchasing and Merchandising.

EDUCATION and/or EXPERIENCE

A two-year college degree in Marketing, Advertising, or Business is preferred. Related experience, preferably in both consumer and Business-to-Business, with a track record of creative/forward thinking and analysis. Must be fluent in calculations of margin, gross profit and cost/sales relationship. Must be current on industry best practices and adaptable to new or emerging tools and technology. Project management experience, use of spreadsheets, i.e. Microsoft Office products. Automotive knowledge or mechanical aptitude in a related field is beneficial.

The Team Member Experience:

We work together to take care of our customers, our communities, and each other. When you join the team, you’ll enjoy a positive, productive atmosphere where people truly believe in what they are doing. If you’re passionate about providing the best experience possible to our customers and to your fellow team members, you’re in the right place. If you are an individual with a disability and need assistance interacting with our career site, please contact us by calling [phone] option 2 for Human Resources.

Summit Racing Equipment and its entities provide equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Benefits of Summit Racing

Check out the benefits we offer to our employees. Comprehensive Medical, Dental, Vision, and Rx Insurance Profit Sharing 401(k) with company match Health Club reimbursement Tuition reimbursement Flexible Spending Account Life Insurance Policy--Company Paid Short Term Disability--Company Paid Paid Personal Days Paid Sick Days Employee Discounts Paid Holidays Paid Vacations Employee Referral Bonus Jury Duty Pay Paid Bereavement Leave