Pricing Analyst
Monticello, MN · On-site +1
... hybrid or remote with travel to the Monticello, MN office. Position Overview Following the ... Proven experience in determining manufactured part costs, BOM (Bill of Materials) analysis, and ...
Pricing Analyst
Monticello, MN · On-site +1
... hybrid or remote with travel to the Monticello, MN office. Position Overview Following the ... Proven experience in determining manufactured part costs, BOM (Bill of Materials) analysis, and ...
Remote Bom Analyst information
What are the key skills and qualifications needed to thrive as a remote BOM analyst, and why are they important?
To thrive as a Remote BOM Analyst, you need a strong understanding of engineering documentation, materials management, and supply chain principles, typically supported by a degree in engineering, manufacturing, or a related field. Proficiency in ERP systems, Product Lifecycle Management (PLM) software, and spreadsheet tools like Excel is commonly required. Exceptional attention to detail, analytical thinking, and effective written communication are crucial soft skills for this role. These skills ensure accurate Bill of Materials (BOM) management, minimize production errors, and support efficient cross-functional collaboration in remote work settings.
What is the difference between Remote Bom Analyst vs Remote Inventory Analyst?
| Aspect | Remote Bom Analyst | Remote Inventory Analyst |
|---|---|---|
| Required Credentials | Typically requires a background in manufacturing, engineering, or supply chain; certifications like APICS CPIM are common | Requires knowledge of inventory management, supply chain, and data analysis; certifications like APICS CSCP are beneficial |
| Work Environment | Primarily collaborates with engineering and production teams to develop bills of materials | Focuses on managing stock levels, analyzing inventory data, and optimizing supply chain processes |
| Employer & Industry Usage | Used in manufacturing, aerospace, and electronics industries | Common in retail, logistics, and manufacturing sectors |
While both roles involve supply chain knowledge, a Remote Bom Analyst primarily develops and manages bills of materials, whereas a Remote Inventory Analyst focuses on inventory levels and supply chain optimization. Understanding these differences helps in choosing the right career path or job search focus.
How does a remote BOM analyst typically collaborate with engineering and procurement teams?
As a Remote BOM (Bill of Materials) Analyst, you will frequently interact with engineering and procurement teams to ensure accuracy and completeness of BOMs for manufacturing projects. Collaboration usually happens via video meetings, project management platforms, and shared documentation tools. You'll clarify specifications, resolve discrepancies, and help streamline the release of BOMs to ensure timely purchasing and production. Being proactive in communication and detail-oriented will help you build trust and efficiency across these cross-functional teams.
What is a remote BOM analyst?
Remote BOM Analysts are professionals who manage and analyze Bills of Materials (BOM) for manufacturing or engineering projects while working from a remote location. They ensure that all components, materials, and quantities required for production are accurately listed and maintained in the company's systems. By working remotely, they use digital tools to collaborate with engineering, procurement, and production teams to streamline workflows, track changes, and prevent errors. Their role is crucial in optimizing supply chains and maintaining the integrity of product data.
What are popular job titles related to Remote Bom Analyst jobs in Minnesota? For Remote Bom Analyst jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Remote Bom Analyst jobs in Minnesota look for? The top searched job categories for Remote Bom Analyst jobs in Minnesota are:
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Standard Iron rating
7.4
Based on 6 frontline employees who took The Breakroom Quiz
Job description
To get a head start in the process and receive an interview faster, please fill out this short Index and a Talent Specialist will be in contact --> https://go.cultureindex.com/p/u3f3aWOggce2
This role can be hybrid or remote with travel to the Monticello, MN office.
Position Overview
Following the acquisition, our company has doubled its customer base, necessitating a strengthening of our Pricing Team to maintain profitability and meet demand. We are seeking an experienced Pricing Analyst to lead key strategic projects and ensure accurate, competitive, and profitable pricing. The Pricing Analyst will play a crucial role in analyzing material costs, driving project-based pricing, and managing surcharge/tariff-related adjustments. This role requires a proactive individual who can handle increased, fast-paced workloads and provide immediate support to cross functional teams.
Key Responsibilities
• Strategic Project Management: Assist with major, ongoing projects, specifically Quarterly Material Adjustments, the Re-pricing of Low Margin Parts and Surcharge/Tariff Management initiatives to protect and enhance profitability.
• Material Cost Reviews: Conduct thorough, timely analysis of material costs for new products to ensure accurate initial pricing and subsequent material adjustments.
• Product Setup & Revisions: Serve as a reliable, expert backup for New Part Setup and Revision Changes in our ERP systems.
• Data Analysis & Profitability: Analyze product cost, customer, and market data to identify trends, mitigate price erosion, and identify margin opportunities.
• Cross-Functional Collaboration: Partner with Sales, Purchasing, Operations, and Engineering teams to align pricing strategies with production capabilities and market demands.
• System Integrity: Ensure accuracy of pricing within the ERP system.
Required Qualifications & Skills
• Experience: 3-5+ years in a pricing or estimating role, preferably within a manufacturing environment.
• Software Proficiency: Strong knowledge of ERP systems and advanced proficiency in MS Excel (modeling, analysis).
• Specific Industry Knowledge: Proven experience in determining manufactured part costs, BOM (Bill of Materials) analysis, and manufacturing labor/material costing.
• Project Management: Proven ability to manage multiple, high-priority projects simultaneously.
• Targeted Experience: Prior experience with surcharge/tariff management or re-pricing strategies is highly desirable.
• Candidate Profile: Highly detailed, analytical, and capable of working independently.
Why?
This is a critical, high-impact role designed to directly influence the company's financial performance during a period of rapid growth. You will be instrumental in maintaining profitability as we scale and will have the opportunity to take ownership of vital pricing initiatives.
This role can be hybrid or remote with travel to the Monticello, MN office.
Position Overview
Following the acquisition, our company has doubled its customer base, necessitating a strengthening of our Pricing Team to maintain profitability and meet demand. We are seeking an experienced Pricing Analyst to lead key strategic projects and ensure accurate, competitive, and profitable pricing. The Pricing Analyst will play a crucial role in analyzing material costs, driving project-based pricing, and managing surcharge/tariff-related adjustments. This role requires a proactive individual who can handle increased, fast-paced workloads and provide immediate support to cross functional teams.
Key Responsibilities
• Strategic Project Management: Assist with major, ongoing projects, specifically Quarterly Material Adjustments, the Re-pricing of Low Margin Parts and Surcharge/Tariff Management initiatives to protect and enhance profitability.
• Material Cost Reviews: Conduct thorough, timely analysis of material costs for new products to ensure accurate initial pricing and subsequent material adjustments.
• Product Setup & Revisions: Serve as a reliable, expert backup for New Part Setup and Revision Changes in our ERP systems.
• Data Analysis & Profitability: Analyze product cost, customer, and market data to identify trends, mitigate price erosion, and identify margin opportunities.
• Cross-Functional Collaboration: Partner with Sales, Purchasing, Operations, and Engineering teams to align pricing strategies with production capabilities and market demands.
• System Integrity: Ensure accuracy of pricing within the ERP system.
Required Qualifications & Skills
• Experience: 3-5+ years in a pricing or estimating role, preferably within a manufacturing environment.
• Software Proficiency: Strong knowledge of ERP systems and advanced proficiency in MS Excel (modeling, analysis).
• Specific Industry Knowledge: Proven experience in determining manufactured part costs, BOM (Bill of Materials) analysis, and manufacturing labor/material costing.
• Project Management: Proven ability to manage multiple, high-priority projects simultaneously.
• Targeted Experience: Prior experience with surcharge/tariff management or re-pricing strategies is highly desirable.
• Candidate Profile: Highly detailed, analytical, and capable of working independently.
Why?
This is a critical, high-impact role designed to directly influence the company's financial performance during a period of rapid growth. You will be instrumental in maintaining profitability as we scale and will have the opportunity to take ownership of vital pricing initiatives.
About Standard Iron & Wire Works
Sourced by ZipRecruiter
Industry
Manufacturing
Company size
501 - 1,000 Employees
Headquarters location
Monticello, MN, US
Year founded
1930