Strategic Pricing Expert
6 days ago
Pricing Manager Role Overview
We are seeking a skilled Pricing Manager to develop and implement pricing strategies for Parts & Accessories that drive profitability and market competitiveness.
Main Responsibilities
- Pricing Strategy Development: Formulate pricing strategies for new and existing products that maximize profitability and MSIL Parts & Accessories market share.
- Market Analysis: Conduct comprehensive market research to understand pricing trends, competitor pricing, and customer value perception.
- Pricing Optimization: Continuously monitor and analyze the performance of pricing strategies, adjusting as needed to optimize revenue and margins.
- Cross-Functional Collaboration: Work closely with the Parts & Accessories sales and marketing teams, finance, and product development teams to ensure pricing strategies are aligned with business objectives and market realities.
- Customer Insights: Gather and analyze customer feedback and behavior to refine pricing approaches and enhance customer satisfaction.
- Financial Analysis: Prepare detailed financial analyses to support pricing decisions, including cost analysis, profitability assessments, and revenue forecasts.
- Pricing Policy Development: Develop and enforce pricing policies and guidelines to maintain pricing integrity and consistency across all channels.
- Reporting and Documentation: Maintain accurate pricing documentation and provide regular reports on pricing performance and adjustments to senior management.
Requirements
- Education: Engineering degree, with an MBA or advanced degree being a plus.
- Experience: Minimum 5 years of experience in pricing or a related field, with a proven track record of developing and implementing successful pricing strategies.
- Analytical Skills: Strong analytical and quantitative skills, with the ability to interpret complex data and make data-driven decisions.
- Communication: Excellent written and verbal communication skills, with the ability to present complex information clearly and persuasively.
- Technical Proficiency: Proficiency in statistical analysis tools and Microsoft Office Suite, particularly Excel.
- Leadership: Demonstrated leadership capabilities, with the ability to influence and drive cross-functional initiatives.
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