Revenue Management/ Pricing Specialist
4 weeks ago
Job Description:
Job Description - Revenue Management/ Pricing SpecialistPricingEvaluate, review, and approve pricing requests.Conduct & Participate in Revenue Management Committee’s meetings.Engage with cross functional teams to obtain, define, establish accurate costs, and ensure informed decisions making.Establish pricing process, matrix, and framework.Develop and execute channel pricing and pricing for festive offers to grow business through alternate sales.Conduct lane analysis to identify areas of growth and new business opportunities.Drive growth through initiatives and special pricing on Spots & Adhoc’ sDesign and create new templates to win faster through template pricing.Review the RFAD Form and evaluate the information and submit to GBS team for costing.Review the pricing request with BPU Committee to get approvals.Execute the Approvals to sales team for customer acceptance.Maintain the Log and database of pricing request reviewed and approved.Revenue ManagementEnsure Compliances to all internal process and develop reports and dashboards on customer compliance & profitability.Create dashboard & report of profile compliance and review with management.Conduct Template analysis & CPM activities to curtail losses and improve yields.Drive, Manage & Execute yearly rate migration activity.Work with District and Region teams on Rate migration reviewImplement yearly GRI to all customers and channels, manage the rate exception process.Execute bid compliance process to ensure customers trade as per their commitment.To provide statistical and analytical data to Management, and Senior Management in a timely and precise manner.Compiles and updates information in standard reports for timely distribution to stakeholders.Gathers data required to respond to ad-hoc requests.Builds databases to manage data for new reports.Generate contract renewal list and distribute to Sales team for renewal.Collect and maintain competition intelligence on rates and accessorial.Evaluate and improve the internal processes to ensure smooth and better results
MiscellaneousGenerate and manage weekly/monthly/quarterly reportsConduct audit of systems, policies and processesDesign Policies, Terms & conditions for initiatives, Design & update flowcharts for the departmental processSupport Revenue Management activities such as training to internal and external teamsVisit customers with Sales to understand the pricing environment and requirements.Liaise between Marketing, Business Development and Finance & Accounting to ensure proper execution of Revenue Management policies and initiatives.Resolve customer queries and manage billing issues related to pricing.Monitor performance of large accounts and large reseller bidsQualifications and Job Specific Competencies:Bachelor’s Degree and aboveMust have advance level of MS Excel skills, MS Power-point, MS Access etc.Experience in a similar analytical role for providing visibility and supportEfficient
Analytical, Planning & Organizing and Time Management skills requiredAbility to create and manage automated dashboards and reporting tools
Employee Type:
PermanentUPS is committed to providing a workplace free of discrimination, harassment, and retaliation.
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