Pricing Analyst Intern, Industrial Circuit Protection

Littelfuse • Chicago, IL

1d

About The Position

Littelfuse is one of America’s Best Mid-Sized Companies (Forbes) and has been named one of the Best Places to Work in Illinois (Best Companies Group) for 11 consecutive years. With its global headquarters in Chicago, Illinois, USA, Littelfuse is a leading, global manufacturer of electronic components serving more than 100,000 end customers across industrial, transportation, and electronics end markets. We have more than 17,000 employees with operations in 15 countries. From semiconductors to sensors… switches to fuses and more… we produce billions of electronic components that help our customers empower a sustainable, connected, and safer world. In 2021, Littelfuse had net sales of $2.1 billion. We are seeking a motivated Pricing Analyst Intern! About your role: Learn Project Management & Profitability Analysis Support with the restructuring of distributor discount schedules to reduce the number of SPAs (Special Pricing Agreements) created and reduce frequency of engagements with support staff. Work with 3rd party vendor / consultant to roll out and fine tune execution of automation of credits and point of transfer of sales between distributor hubs and branches Assist with data mining and presentations to communicate the results in a meaningful way for review & decision making Gain analytical, organizational and presentation skills Have the chance to take initiative and provide ideas for improvements. Closely collaborate with team members and other teams in the organization About you: Currently enrolled in Computer Science undergrad, data analysis, economics studies and eager to gain experience in the industrial pricing field Strong desire to learn [industry skills] Available to work in a part-time (not less than 4 hours)/full-time role Proficient in English (written and verbal) Team player with good communication skills Detail-oriented with strong organizational abilities Motivated to join an international and fast-paced environment Day-to-Day Activities / Major Tasks...Pricing Analyst 1. Analyze active Into Stock Discounts and quote prices and associated revenue from all Distributors 2. Prepare a visual presentation of how ITS discounts are distributed by Product Technology, Revenue, Region and Customer 3. Sandboxing / testing of various discount proposals to see impact on each distributor and Littelfuse’s profitability 4. Create three Into Stock Discount Schedules (Good, Better, Best) a. Develop criteria for placing a distributor in one of the three b. Test Impact to each distributor based on historical purchases 5. Support with the implementation of pricing strategy that helps to support the Littelfuse Strategy. Littelfuse is an equal opportunity employer committed to empowering every associate to make a difference — everywhere, every day. The salary offered will vary depending on your location, job-related skills, knowledge, and experience. Our humble roots date back to 1927, where, in the back of a garage on Chicago’s northside, our founder, Edward Sundt, developed a small, fast-acting, protective fuse for use in sensitive test meters. Sundt wanted to call his new company producing these small fuses, “Little Fuse,” but wasn’t allowed to trademark two such common words. So, instead he went with the one-word, misspelled “Littelfuse.” For more than 95 years, Littelfuse has pioneered innovative products that help empower a sustainable, connected, and safer world. With the ever-evolving electrification and electronification of customer applications, our product technologies are closely linked to sustainable applications such as electric vehicles and EV charging infrastructure, renewable energy and energy storage, factory automation, power management and more. Throughout our history, our people have been the foundation of our success — and that remains true today. Now more than ever, our bright and talented people are a strategic advantage for the company. From the production line to the engineering lab, the office or distribution center, Littelfuse people are an important part of a diverse, talented team of the best and brightest in the industry. While Littelfuse has experienced tremendous growth in recent years, we still maintain a small-company, entrepreneurial approach where your efforts will drive our culture, our business, and the overall success of the organization. No matter where you work or what you do, your contributions will make a difference at Littelfuse — everywhere, every day. Littelfuse is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, gender identity, sexual orientation, disability, protected veteran status, and/or any other protected class under federal, state, or local law.

Requirements

• Currently enrolled in Computer Science undergrad, data analysis, economics studies and eager to gain experience in the industrial pricing field
• Strong desire to learn [industry skills]
• Available to work in a part-time (not less than 4 hours)/full-time role
• Proficient in English (written and verbal)
• Team player with good communication skills
• Detail-oriented with strong organizational abilities
• Motivated to join an international and fast-paced environment

Responsibilities

• Analyze active Into Stock Discounts and quote prices and associated revenue from all Distributors
• Prepare a visual presentation of how ITS discounts are distributed by Product Technology, Revenue, Region and Customer
• Sandboxing / testing of various discount proposals to see impact on each distributor and Littelfuse’s profitability
• Create three Into Stock Discount Schedules (Good, Better, Best)
• Develop criteria for placing a distributor in one of the three
• Test Impact to each distributor based on historical purchases
• Support with the implementation of pricing strategy that helps to support the Littelfuse Strategy.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed