Data Analyst

1 week ago


Aurangabad Pune, India beBeeAnalysis Full time US$ 60,000 - US$ 1,20,000
Analytics in Pricing of India Business

We are looking for a skilled professional to join our team as an Analytics Specialist in Pricing. The successful candidate will be responsible for driving quarterly and annual price hikes, providing insights to the business on product pricing, and making informed decisions.

  • Drive quarterly and annual price hikes in coordination with cross-functional teams aiming topline benefit in time.
  • Provide Insights to Business on the products pricing governed by NPPA regulations.
  • Support business to achieve top line and bottom-line numbers as per therapy budget via pricing strategies.
  • Driving analytics and possibility of top line benefit by proper planning of Hike & MRP Implementation on new stocks.
  • Maintain Price Master with details of MRP, Margins alongwith hike due date for all products.
Key Accountabilities:

Addressing notifications and notices of NPPA

  • Responsible for addressing notification issued by government (NPPA) and complying with all regulatory requirements.
  • Addressing demand notices received from NPPA with supporting reasoning.
  • Preparing submissions to be made to NPPA for Preliminary Notices received & other data asked for by NPPA
  • Help management in decision making with respect to new launches and upcoming regulatory changes.
  • Taking action on all price related notifications and providing the Business with Insights as regards Impact & Mitigation Plan to reduce the impact on Business
Automation & Simplification:

Leading project on automation of existing data into single platform and driving insights from it.

  • Driving Automation Project through vendors and successfully completing the UAT & Validation and ensuring Go-Live of the reports developed.
Provisions & MIS:

Making timely provisions for MRP Audit related cases & products which are Launched at Risk.

  • Anticipating the Demand that can be raised in future and making provisions in books after discussion with Legal Team.
Critical Stake holder management:

Resolving queries of Internal & External Auditors by maintaining proper records & working out calculations as is necessary.

  • Ensuring MRP updations in system at material level for all products & at batch level for P2P & LL products & providing approvals wherever necessary for the MRP & stock acceptance.
  • Monitoring the process change for Hike and ensuring that Inventory is packed with correct MRP as per defined process.
  • Taking effective & immediate decisions on any deviations in MRP and providing suggestions & action plan to Depots
Major Challenges:
  • Dealing with multiple stakeholders across Finance, Supply Chain, Legal & Corporate Affairs and Business teams.

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