Strategic Pricing Manager Job Description
Strategic Pricing Manager Duties & Responsibilities
To write an effective strategic pricing manager job description, begin by listing detailed duties, responsibilities and expectations. We have included strategic pricing manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Strategic Pricing Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Strategic Pricing Manager
List any licenses or certifications required by the position: PMP
Education for Strategic Pricing Manager
Typically a job would require a certain level of education.
Employers hiring for the strategic pricing manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, MBA, Marketing, Economics, Accounting, Engineering, Education, Management, Business/Administration
Skills for Strategic Pricing Manager
Desired skills for strategic pricing manager include:
Desired experience for strategic pricing manager includes:
Strategic Pricing Manager Examples
Strategic Pricing Manager Job Description
- Develop business case model that will be used to generate standard and individual case basis (ICB) pricing and thresholds in support of sales efforts
- Create and track a competitive pricing and fair market value data base
- Others within ADC, the terms and conditions within individual
- Proactively engage the Product Line Managers (PLMs) to develop the overall all product line pricing strategy by providing recommendations on how to optimize price realization through strategic pricing actions
- Sets brand price positioning and target price gaps in order to optimize pricing vs
- Mine data, analyze and interpret results using standard statistical tools and techniques
- Provide analyses of cost data and make recommendations to management regarding price
- Provide management with reports specifying and comparing factors affecting prices and profitability of products
- Serve as the central pricing approval authority for Liebert products
- Develop analytical tools/models to quickly and accurately determine GM
- MBA or MA in Social Science with concentration in research, marketing, quantitative analysis
- Min 7 years working experience in marketing research, Advanced Analytics preferably at an analytics agencies / CPG or a FMCG company and/or 3 years in forecasting/business planning in responsibility positions
- Can coordinate many functions across global functions and teams, and manage sometimes conflicting goals to help the sales organization win deals that meet company goals
- Can understand the selling cycle and process and support the sales organization with timely and relevant data
- Experience selling large, complex deals is a plus
- Advanced Microsoft Office skills (PowerPoint, Excel, vlookups, pivot tables, advanced calculations and formulas, importing data for graphing, charting and other pictorials)
Strategic Pricing Manager Job Description
- Collaborate with Finance to align on accounting and management reporting implications of pricing programs and strategic contract structures, and to properly characterize net realized price and pricing waterfalls
- Work closely with LPG leadership to design and improve regular (weekly/monthly) price reporting and tracking mechanisms
- Lead and manage the annual price setting process
- Leader in developing, improving and executing processes to ensure price discipline across LPG
- Train and review work performed by new hires and/or trainees prior to hand-off to Sales
- Orchestrate multi-department stakeholders (Estimating, Scheduling, Press, Finishing, Paper, Distribution, Co-Mail, Contracts, Customer Service, Sales, ) to create efficient coordinated solutions & finalize offer/response
- Propose value added services that enhance existing marketing strategies for increased profitability
- Leverage incentives
- Negotiate pricing strategy for customers in partnership with Sales
- Manages the relationships with outside vendors, consultants, regarding continuous improvement of the overall pricing management systems
- BS/BA in Business, Engineering or related degree
- At least 5 years of pricing analysis, data science, financial modeling, business analytics, business intelligence, or related work experience within a B2B environment
- Advanced degree (MBA / MA, Ph.D.) is preferred but not required
- Detail oriented, organized, and analytical and able to handle multiple projects at the same time
- Experience with in-depth financial modeling demonstrated analytical and statistical problem solving skills
- Prior experience working in large corporate environment or a diversified, complex global organization is required
Strategic Pricing Manager Job Description
- Develops and delivers training programs to internal audiences (sales, marketing, supply chain, senior management)
- Artfully balance business objectives while supporting sales teams, often on an individual case basis
- Subject matter expert, supporting marketing and sales teams
- Creates reporting to measure success of direct marketing programs
- Lead the Pricing Committee, conduct regular reporting and KPIs follow up and improvement
- Solid understanding of wireless products and services preferred
- Extract insights into and uncover potential pricing issues based on analysis methods such as target price variance, win/loss, customer revenue/profitability, Develop and test specific hypotheses to triangulate root causes of issues
- Lead the annual SPA scope definition and implementation
- Coordinate updates of Global RAS list, both for annual and emergency updates
- Effectively manages the activities of direct staff members, responsible for developing market pricing, competitive analysis and forecasting
- Outstanding analytical and problem-solving abilities, along with an ability to collaborate cross-functionally in a fast-paced environment
- Preferred experience in Publisher side ad technology and analytics tool – (Ad Server, OMS, DMP, Yieldex, Qliksense)
- Lead the design of a strategic roadmap for the organization to elevate OPS’s strategic pricing practice to the next level serving multi region client in an Omni channel environment
- Develop associated practical implementation steps leading to top and bottom line benefits as we go opposed to a long development tome and a latter benefits realization
- Align with regional pricing practice teams that are at various stages in regions or to be create to augment and where possible leverage their work for faster success and leveraged learnings
- Possesses strong, expert knowledge in advanced strategic pricing models and tool including the required mathematical modeling expertize
Strategic Pricing Manager Job Description
- Collaborates with business development / program management to manage the aftermarket forecasting model and analysis in alignment with the Strategic Plan
- Provide leadership oversight to ensure timely and accurate creation of aftermarket analyses to drive understanding of customer needs, buying behaviors, , in order to meet Interiors sales and EBIT expectations
- Conducts in-depth analyses into aftermarket trends to identify and define current and long-term aftermarket plays
- Leads aftermarket-related analysis of proposal activity
- Provides Central Aftermarket team data, presentations, and support in preparation for OMM, Aftermarket Council, Retrofit Days, and other initiatives
- Manages personnel actions including recruitment, performance reviews, salary recommendations, employee relations and coordination of training and development
- Leverage UTAS performance management tool to drive team performance, professional growth and support
- Take part in the implementation of the Vendavo and enhancements of customer / program performance dashboards within accessory systems
- Monitor gross to net for materials, customers and pricing activities as technology and data allow
- Determine Applicable Price Points For New & Existing Products To Maximize Profitable Growth
- Verse in traditional transactional business models in annuity and service driven business models
- Expert in advanced Powerpoint, Word and Excel skills and managing/analyzing large quantities of data
- Prior consultancy or project management experience
- Enjoy fast paced environments including tight turnarounds and juggling multiple high priorities
- Excellent project management skills and the ability to shift priorities and respond to urgent requests
- MBA or other business qualification preferred
Strategic Pricing Manager Job Description
- Lead The Price Increase Process & Support Sales Negotiations
- Responsible for making sure Vendavo Pricing Tool is fully Utilized
- Will be creating tools, defining processes and automating processes for the Pricing Activities
- Manage Pricing Analysts
- Responsible for making sure the Refrigeration Pricing Requirements are represented in the Oracle Implementation
- Advises on deal pricing and contract terms for large and I or complex upcoming deals Utilizes Pricing Recommendation Tool (PRT}to provide pricing guidance and maintain price integrity
- Partner with Category Managers, Brand Managers, Marketing and Strategic Planning to ensure a shared understanding of customer shopping behaviors, category strategies, financial and marketing levers any other key business drivers as input to the pricing strategy
- Develop, maintain, and distribute Strategic Pricing Dashboard to members of Executive Pricing Committee
- Continually evaluate competitors and marketplace dynamics to assess the impact on the enterprise business and develop data driven pricing strategy and process recommendations
- Define, analyze and review key business metrics with stakeholders
- Excellent customer service, communication, relationship-building, and presentation skills in a fast-paced, demanding sales environment
- Proficiency in using pricing tools like PROS, Zilliant, Vendavo
- Strong analytical skills with strong background in statistical analysis and optimization along with experience manipulating large data sets across disparate systems
- Master’s degree in Engineering, Science, business, Economics or Quantitative field
- Fluent in German and English (written & spoken), fluency in French is a stong asset
- Proven ability to understand and clearly communicate scientific and economic topics and a sound understanding of financial analysis