Position Summary
The Market Cost Analyst is responsible for gathering, analyzing, and interpreting market data to support pricing, sourcing, and margin optimization across R3’s core product categories, including janitorial supplies and foodservice packaging. This role plays a critical part in ensuring competitive positioning by monitoring market trends, validating product specifications, and aligning costs and selling prices across multiple regions in Canada. The the Market Cost Analyst role is strategic business partner driving impactful decisions with focus on profitability, pricing decisions, and alignment across departments for revenue growth.
Key Responsibilities
Market & Cost Analysis
- Collect and analyze market data on product costs, selling prices, and competitive positioning across janitorial and foodservice packaging categories
- Monitor trends in raw materials, freight, and supply chain dynamics impacting product costs
- Identify pricing gaps, margin opportunities, and cost-saving initiatives
Product & Competitive Intelligence
- Research and benchmark core items against competitors, including specifications, quality, and pricing
- Gather and evaluate product samples to validate quality and performance standards
- Maintain a database of comparable items across suppliers and regions
Data Collection & Reporting
- Aggregate data from multiple internal and external sources across all regions in Canada
- Build and maintain reports and dashboards using Excel and Business Intelligence (BI) tools
- Provide actionable insights to support pricing strategies, sourcing decisions, and sales initiatives
Cross-Functional Collaboration
- Collaboration with Sales, Purchasing, Operations, and Customer Service teams to ensure alignment on pricing and product strategies
- Support product launches, promotions, and customer-specific pricing initiatives with data-driven insights
- Assist in standardizing item setups, specifications, and costing methodologies
- Detailed cost analysis and benchmarking empower teams to negotiate more effectively with suppliers.
Research & Tools
- Conduct thorough internet and market research to identify comparable products, suppliers, and pricing benchmarks
- Utilize BI platforms, Excel (advanced formulas, VLOOKUP/XLOOKUP, pivot tables), and CRM data to analyze trends
Qualifications & Skills
Required Skills
- Strong analytical and problem-solving abilities
- High level of organization and attention to detail
- Ability to manage and synthesize data from multiple sources
- Proficiency in Microsoft Excel and experience with BI tools
- Strong research and internet sourcing skills
- Effective communication and collaboration across departments
Preferred Experience
- Experience in janitorial supplies and/or foodservice packaging industry
- Understanding of product specifications, quality standards, and sourcing
- Familiarity with distribution, wholesale pricing structures, and margin analysis
Key Success Factors
- Ability to translate complex data into actionable business insights
- Strong attention to detail in validating costs, specs, and competitive comparisons
- Proactive approach to identifying opportunities for margin improvement
- Effective collaboration across teams to influence pricing and product decisions
Why This Role Matters
This role directly impacts R3’s ability to remain competitive, protect margins, and make informed sourcing and pricing decisions in a dynamic market environment.
Bunzl Canada Inc. (bunzlcanada.ca) provides the food and retail packaging, cleaning and hygiene products and equipment, safety and industrial supplies which keep over 58,000 Canadian businesses running optimally, every day. We bring our customers the advantage of global sourcing, product innovation and national scale combined with responsive local service and deep category expertise. Bunzl Canada is a certified Great Place to Work®. We are committed to creating an inclusive, equitable and positive working environment for all employees so that they experience a strong sense of belonging, while developing individually and professionally. Bunzl Canada is an operating company of Bunzl plc (BNZL.L), a FTSE100 company listed on the London Stock Exchange. With 27,000 employees in over 30 countries, our global presence spans the Americas, Europe, Asia Pacific, and the UK and Ireland. At Bunzl, you’ll find Unlimited Potential… Your Career - - Our Future!
