Integrate Strategic Pricing into the new product development process. Improve and sustain procedures to continuously review and adjust pricing based on changing competitive landscape. Manage the price maintenance process for new customers new products promotions price increases etc.
Implement pricing actions as developed in the approved price plan including collaboration and communication to Pricing Manager internal departments and external customers.
Intermediate focus on Strategic Pricing opportunities that will drive significant enhancements to Operating Income: Integrate competitive pricing database into pricing analysis process, utilize competitive pricing to look for pricing gaps and opportunities for the company. Identify immediate opportunities to adjust pricing based on business unit objectives.
Develop pricing analysis to enhance pricing for all existing products based on Logical price progressions Customer and product price elasticity contribution margin validation utilizing standard costs and maximizing operating profit through price.
Streamline and standardize the pricing process into one controlled central pricing procedure. Establish a price verification procedure for assigned Business Unit
Seek and implement alternative pricing strategies in Distribution Channels and Product Lines through price increases to drive price decreases to drive volume. Ad-hoc projects, analysis and other duties as assigned. Must come from a manufacturing background in pricing and product management.
• EDUCATION: BS Degree in Business or Finance MBA preferred
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