Posted By
Posted in
Banking & Finance
Job Code
724209
- Manage day to day pricing operations and align within competitive landscape to effectively penetrate market
- Advise business teams of products posting loss or negative margins where immediate action must be taken
- Monitor competitor's products, promos, and present to commercial teams to take corrective action by aligning with competitors trends
- Oversee and apply all updates to prices, markdowns, coupons, and promotional prices within system
- Communicate daily with team leaders concerning daily pricing updates, pricing discrepancies
- Successfully manage, coach and develop business teams
- Drive pricing process excellence within department (productivity, consistent methodologies and skill development) through the implementation of continuous improvements
- Streamline the entire proposal process resulting in on time delivery of proposals to the customer
- Develop various pricing and financial models
- Conduct weekly, monthly and quarterly reviews on margin reports, and track the affect of any changes on sales and margin within each regions
- Provide on- going training with the sales representatives, educate them on system operation, price updates and proper pricing techniques
- Solely develop and maintain database to retain pricing reports and record company sales trends
- Regularly analyze existing and proposed rates to develop actionable pricing model
- Provided service and support to the pricing department, business units and divisions with ad hoc and routine reports that enabled good business decision making
- Advise on decisions to move forward with new product launches and features, prototype feasibility, and approval of production processes
- Manage focus accounts through the use of information gathering, financial analysis, and solution generation
- Create a workflow process instruction guide to expedite the process
- Review, analyze and negotiate proposed pricing contracts with the sales force based on the competitive platform
- Presented every price with detailed assumptions to cross functional teams for review and approval
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Posted By
Posted in
Banking & Finance
Job Code
724209