Job Details
Experience Needed:
Career Level:
Education Level:
Salary:
Job Categories:
Skills And Tools:
Job Description
- Develops pricing analytics to measure effectiveness of pricing strategies and the impact of spare parts and other cost changes on the profitability of product lines.
- Coordinates contract development, drafting and compliance programs around pricing and other commercial offering elements.
- Monitors customer buying patterns, competitive behaviors, and market dynamics and recommends to adjust offers as necessary.
- Develops and executes pricing strategy aligned with Product and Market strategies to maximize short-term and long-term objectives
- Coordinates contract development, drafting, execution, and compliance in alignment with contract strategy.
- Effectively collaborates with market segment teams and provides greater visibility for growth in variable and gross margin through continuous, aggregate offer behavior analysis.
- Manages profitability metrics, and identifies variable margin improvement opportunities at an order, customer, market segment, application, geography, and product level while ensuring quotes are provided quickly and consistently
- Tracks external trends in key Spare Parts and other metrics to proactively drive pricing changes with market changes.
- Leads mass price change decisions, communications, and documentation for pricing analyst implementation.
- Empowers Pricing Analyst to make tactical pricing decisions in-line with the pricing strategy. Provides guidance and coaching, and serves as the final approver when pricing decisions are escalated.
- Monitors and communicates changing market conditions by analysing trade flows, market supply and demand, competitive rivalry, and leading macroeconomic indicators. Develops and keeps cost curves up to date.
- Determines where to place excess product in the market in a way that maximizes variable margin while minimizing market disruption.
- Advises on product allocation plans when product availability is restricted
Job Requirements
- Strong analytical skills and excellent numerical abilities.
- Strong financial focus and acumen to drive profitable choices.
- Data-driven thinking and an affinity for numbers.
- Excellent Presentation Skills.
- Excellent Planning & Organizing Skills.
- Economical and strategical thinking
