Pricing Manager

2 weeks ago

Gurgaon, Haryana, India Maruti Suzuki India Limited Full time

Pricing Manager Job Description

We are seeking a dynamic and analytical Pricing Manager to join our team at Maruti Suzuki India Limited. In this pivotal role, you will develop and implement pricing strategies for Parts & Accessories that drive profitability and market competitiveness.

Key Responsibilities:

  • Develop and Execute Pricing Strategies: 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.
  • 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.

Qualifications:

  • Education: Engineering. An MBA or advanced degree is a plus.
  • Experience: Understanding of Parts & Accessories OE market dynamics. Minimum of 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.

Why Work with Us?

We offer a dynamic and innovative work environment that values creativity, collaboration, and continuous improvement. As a Pricing Manager at Maruti Suzuki India Limited, you will have opportunities for career advancement and professional development in a supportive and inclusive environment.

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