Business Development and Pricing Analyst

Business Development And Pricing Analyst

We are looking for a Business Development & Pricing Analyst to join our MGP team in St. Louis, MO. The Business Development and Pricing Analyst will play a pivotal role in our sales strategy by leveraging industry insights, economic analysis, and financial expertise to enhance the overall effectiveness of our sales team. This position focuses on delivering data-driven recommendations regarding product segments and pricing strategies that align with market dynamics and customer needs. By fostering strong relationships with internal teams and providing comprehensive analyses, this role will contribute to the sustained growth and competitive positioning of the Distilled Solutions division of MGPI.

What will you do?

Reporting & Analysis

• Conduct thorough analysis of market trends, customer preferences, and competitive positioning within the spirits industry.
• Monitor economic conditions and theorize their impact on consumer behavior and pricing.
• Identify emerging opportunities and potential risks in the marketplace and deliver insightful variance analysis of results versus plan, forecast, and prior year.
• Evaluate various product segments to determine areas for growth and competition.
• Provide fact-based recommendations on which product segments to prioritize based on market data and sales performance.
• Develop key performance indicators (KPIs) to measure the effectiveness of pricing strategies and product segment performance.
• Regularly assess and report on pricing changes impacts and market strategies on the overall sales performance.
• Analyze financial results for the business unit and forecast against the current year, previous year and recommend actionable insights to maximize revenue.

Pricing & Financial Modeling

Relationship Building

Data Management

What do you need to bring to the table?

What will we provide you with?

Who are we? MGP Ingredients is a leading supplier of premium distilled spirits and food ingredient solutions. Its Distilling Solutions segment provides bourbons, whiskeys, ryes, gins and vodkas to craft and multinational brands. MGP's own Branded Spirits business is growing following the 2021 acquisition of Luxco, a top spirits producer, bottler, supplier, and importer. Ingredient Solutions delivers nutritional, functional wheat- and pea-based ingredients aligned with consumer trends. The company operates in locations across the Midwestern U.S., and overseas in Northern Ireland and Mexico.