Pricing Manager
5 months ago
Qualification: BE/BTech, 6-8 years
Job Role : Pricing strategist
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About PBC Team - Our team comprises of passionate professionals dedicated to excellence and customer satisfaction. We value creativity, collaboration, and a commitment to continuous improvement.
Job Description:
We are seeking a dynamic and analytical Pricing Manager to join our team. In this pivotal role, you will develop and implement pricing strategies for Parts & Accessories that drive profitability and market competitiveness. As a Pricing Manager, you will collaborate with cross-functional teams to analyze market trends, customer behavior, and competitor actions, ensuring our pricing aligns with our business goals and customer expectations.
Key Responsibilities:
- Develop and Execute Pricing Strategies: Formulate pricing strategies for new and existing products that maximize profitability and MSIL Parts & Accessories market share. Implement pricing models that reflect the value of our offerings.
- Market Analysis: Conduct comprehensive market research to understand pricing trends, competitor pricing, and customer value perception. Utilize this data to inform pricing decisions.
- 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.
- Internal and external audit coordination
- System and Process Improvement
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 Join Us?
- Innovative Environment: Be part of a forward-thinking team that values creativity and innovation.
- Professional Growth: Opportunities for career advancement and professional development.
- Collaborative Culture: Work with a team of talented and dedicated professionals in a supportive and inclusive environment.
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