Job Purpose : Participate in applying innovative pricing approaches to drive price execution which inline with corporate objectives supporting enhancing the profitability margins of the organization.

Duties & Responsibilities:

1. Assist in maintaining accurate pricing database and ensure alignment with company objectives
2. Analyze costs of raw material and create cost-benefit analysis for changing vendors.
3. Assist in analyzing the variance between estimate and actual cost to reach nearly equal values. 
4. Calculate tender offers securing maximum profitability without affecting company market share. 
5. Create reports specifying and comparing factors affecting prices and profitability of products or services.
6. Anticipate price changes and supports product forecasts as part of annual operating plan process 
7. Participate in Preparing cost-benefit analysis of all new products and offer all available ways to improve profitability.
8. Monitor cost structures related to partners on a regular basis and raise a flag with commercial team suggesting revised cost for the portfolio if needed.
9. Maintain a good level of pricing intelligence, tracking pricing data, detecting trends and developing analytics to guide pricing decisions.
10. Participate in Studying new markets prices for Export products and handle the execution of all export orders to fulfill requested products on agreed due date with all concerned parties 
11. Participate in setting the priority & follow up the technical designs of Artwork with information ensuring they are implemented in accordance with requested due date.
12. Prepare follow-up reports on the expiry date of the raw materials in the stores and discuss the possibility of extending their validity date.