Commercial Analyst

Scolmore are looking for a Commercial Analyst to support business decision-making by providing insightful analysis and recommendations to optimise profitability and growth.

Main Duties:

• 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.
• Product Performance Analysis – Review and analyse the progress of new & existing products identifying progress against targets, market performance & return on investment. Using this information to support decision making around future planning.
• Slow & Obsolete Stock – review stock levels vs. turnover and identify and review slow moving items and propose corrective actions. 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.
• 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. Develop and maintain effective methods of storing and analysing relevant market information.
• System Data maintenance - maintain and mange customer price files within the system. Including promotions and pricing adjustments.
• Support the whole of the Commercial Department and offer cover for all areas when needed. Work collaboratively with a variety of stakeholders and other departments including but not limited to product development, marketing, purchasing and customer services.
• Support, where required with projects within the Scolmore Group to support the overall business strategy.

Essential Skills and Experience

• Strong Commercial Awareness and Analytical Skills – the ability to compile, interpret and analyse key trends and data sets to support strategic business decisions.
• Strong project management skills are essential to ensure that analytical initiatives align with business goals, are delivered on time, and drive measurable impact.
• Attention to detail – ensuring accuracy in analysis and reporting.
• Attitude towards others – maintaining a positive, open, and objective attitude towards others
• 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
• Self-Management – the ability to prioritise and complete tasks in order to deliver desired outcomes within allotted timeframes
• Effective Communication – ability to use a broad range of communication styles and chose appropriate, effective ways to communicate to different audiences in diverse situations.
• Problem solving – identifying opportunities to improve within current processes / ways of working and be able to develop solutions / efficiencies.
• Proficiency / familiarity with data analysis tools i.e. Power Bi (or similar)