At a Glance
- Tasks: Analyse data and generate reports to drive business decisions in a dynamic B2B environment.
- Company: Join a leading company in the commercial data sales sector during an exciting growth phase.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional development.
- Other info: Perfect for graduates looking to kickstart their career in business analysis.
- Why this job: Make a real impact by optimising costs and collaborating with diverse teams.
- Qualifications: Strong communication skills, attention to detail, and proficiency in Excel required.
The Company: A Commercial Data Sales Analyst / Business Analyst is required to join a successful company to assist with generating reports using business intelligence software and turn the data into useful recommendations and actions. This is an excellent opportunity to learn and understand all areas of reporting within a B2B environment, whilst working closely with teams across the company to provide clear data to assist with daily decision making. This is a fantastic opportunity to join a growing, diverse, and dynamic organisation which is the largest in its sector during a very exciting period of growth. You will work within the supply chain team to manage the product through its life cycle from development to delivery with a key focus on cost and to ensure we are sourcing correctly, in order to certify the critical path is not delayed in delivering goods. The main focus will be negotiating prices with factories and analysing against product history to maximise the margin and manage supplier capabilities and relationships. Role is key to ensure cost is entered accurately and right source selected for development through to bulk production. Role will also involve working on our PLM system for order entry and management with the team. Graduates welcome.
The Role:
- Costing Strategy & Analysis
- Develop and maintain comprehensive cost models for all product categories
- Analyse total landed costs including freight, duties, tariffs, and currency impacts
- Identify cost-saving opportunities across sourcing and logistics
- Supplier Collaboration
- Work closely with overseas suppliers to negotiate competitive pricing
- Monitor supplier performance and ensure cost compliance
- Conduct regular cost benchmarking across regions
- Cross-Functional Support
- Partner with design, procurement, logistics, and finance teams to align costing with product development and delivery timelines
- Support budgeting and forecasting with accurate cost data
- Systems & Reporting
- Maintain accurate costing data in PLM systems and ensure data integrity
- Generate reports and insights for leadership on cost trends and supplier performance
- Updating system process map and keeping this up to date with all changes.
- Compliance & Risk Management
- Ensure costing practices comply with international trade regulations
- Mitigate risks related to currency fluctuations and geopolitical factors
Skills:
- Confident in communication – Verbal and written
- Attention to detail
- Accountability & responsibility
- Collaboration
- Flexibility
- Results orientated
- Teamwork
- Numeracy and written communication
- High level of computer literacy – High level understanding of Excel for reporting
- Excellent negotiation and communication skills
Business Analyst in Nottingham employer: Tagged Resources Ltd
Join a dynamic and diverse organisation that is the largest in its sector, offering a fantastic opportunity for growth and learning as a Business Analyst. With a strong focus on collaboration across teams and a commitment to employee development, you will play a key role in shaping cost strategies and supplier relationships while enjoying a supportive work culture that values innovation and results. Located in a thriving B2B environment, this role provides unique advantages such as exposure to international trade practices and the chance to make impactful decisions that drive the company's success.
StudySmarter Expert Advice🤫
We think this is how you could land Business Analyst in Nottingham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and how they operate. This will help you tailor your answers and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your negotiation skills! Since the role involves negotiating prices with suppliers, being confident in your ability to discuss costs and value will set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Business Analyst in Nottingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Analyst role. Highlight relevant experience, especially in cost analysis and supplier collaboration. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to showcase your skills in communication, attention to detail, and teamwork. These are key for us at StudySmarter, especially when working across different teams and managing supplier relationships.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves!
How to prepare for a job interview at Tagged Resources Ltd
✨Know Your Numbers
As a Business Analyst, you'll be dealing with data all the time. Brush up on your Excel skills and be ready to discuss how you've used data analysis in past roles or projects. Prepare some examples of cost models or reports you've created to showcase your analytical abilities.
✨Understand the Supply Chain
Familiarise yourself with the basics of supply chain management and how it relates to costing strategies. Be prepared to discuss how you would approach negotiating prices with suppliers and what factors you would consider when analysing total landed costs.
✨Showcase Your Communication Skills
This role requires excellent verbal and written communication skills. Practice articulating your thoughts clearly and concisely. You might even want to prepare a brief presentation on a relevant topic to demonstrate your ability to convey complex information effectively.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the company's current challenges in cost management or their approach to supplier collaboration. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
