Job description
Essential Duties:
Pricing Strategy Development
- Support in developing/enhancing strategies that optimize our product mix and maximize margin while fully utilizing our production capabilities
- Collaborate with Sales & Marketing to understand and balance customer requirements with production and logistics constraints when developing optimal pricing strategy
- Support the development of executive-level presentations that summarize and gain alignment on the analysis and the strategic rationale underpinning pricing decisions and expected financial impact
Guide and Support Consumer Product and B2B P&L Teams
- Align pricing strategy targets across Consumer Products and B2B P&L Teams to ensure that the company is implementing the pricing strategy and is maximizing its profitability
- Oversee key pricing initiatives to address gaps in financial targets vs. actuals
- Pricing Implementation and Analysis
- Responsible for implementing pricing strategy at the individual customer level for assigned business segments
- Works closely with Sales & Marketing to develop all required documents and tools supporting pricing strategy execution
- Provide data-driven pricing recommendations based on market and consumer/customer trends and competitive landscape
Price Requests & Maintenance
- Responsible for analyzing all price requests and providing a recommendation that is aligned with our pricing strategy
- Partner with transportation to ensure accurate use of freight rates in price assessments
- Accurately maintains all salt and freight pricing records
- Maintains pricing guidelines and price lists for all products, channels and segments
Orders on Price Hold
- Accountable for reviewing orders placed on price hold
- Work with cross-functional resources to resolve price discrepancies to ensure all orders are processed efficiently and effectively
Reporting
- Perform monthly assessment to compare projected financial impact of pricing actions versus actual results
Knowledge, Skills and Abilities:
- Well-rounded business acumen with proven skills in Marketing, Brand and Finance
- Bachelor's degree and/or 5+ years of Pricing Analysis experience
- P&L management experience preferred, exposure to P&L management required
- Strong communication skills, both written and oral
- Excellent analytical and project management skills
- Ideally 5yrs of pricing or similar experience
- Proven ability to understand, analyze, and implement pricing strategies and effectively communicate and implement recommendations
- Committed to consistently deliver on-time, accurate results
- Ability to work onsite 4 days per week
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