Pricing Manager

1 month ago

Downingtown, United States gpac Full time

Pricing Manager/Analyst

The Pricing Manager is responsible for the analysis and oversight of the pricing and margin reporting & analysis process which includes but not limited to:

  • Having a strong partnership with the sales, commercial, operations, supply chain and finance functional groups to determine the optimal scenarios to go to market with product.
  • Prepare, review, and analyze customer and product pricing strategies and review contracts to fully understand execution of agreements.
  • Establish a system of documentation, communication, and review of internal and external comparative price data, customer data, and product data.
  • Perform margin analysis to support key business initiatives and customer and product strategies as required.
  • Take initiative in identifying and resolving issues around customer, products, pricing, and margin.
  • Assist with New/Migration Product Launches (PRF Management – Analysis, Prioritization, Review)
  • Gathers and analyzes competitive product information, value propositions, pricing, market trends, and customer feedback.
  • Helps set and manage market price and margin strategy as well as customer and product strategies in coordination with sales and marketing team.
  • Gatekeeper of all pricing on new and existing products and will present recommendations on competitive pricing and monitor all product-level margin analyses.
  • Understand Purchase Price Index (PPI) and Price Adjustment Formula (PAF) mechanisms and determine best course of action when preparing annual increases/adjustments.
  • Provide regular and ad hoc pricing analysis and reporting for management, including overall margin, mix and inflation.
  • Work with Leadership to develop and implement product price strategies including segment strategies for the various markets and channels.
  • Review and manage process that aligns operational capability with commercial strategy to target the desirable business to enhance margins.
  • Review and make recommendations on existing pricing and margins including forecasting and long-range projections.
  • Prepare multi-year cost/pricing models to include labor, materials, subcontracts, and travel and write descriptive pricing volumes.
  • Develop process to analyze margins post commercialization and root cause opportunities for pricing process improvement.
  • Perform monthly analysis of existing transactional level data to identify price/margin erosion and assist sales, operations, and supply chain/planning teams in constructing and implementing solutions.
  • Work to incorporate competitive @context, economics/profitability, client segmentation, value proposition, offer design (bundles/solutions) and differentiators into optimal recommendations for revenue growth.
  • Work closely with product management, marketing, sales and finance to collect and analyze data and promote best practice.

Requirements for Pricing Manager

  • Understand Purchase Price Index (PPI) and Price Adjustment Formula (PAF)
  • Forecasting and long-range projections experience
  • Requires an understanding of indirect cost pools, forward pricing projections, bid multiplier rate analysis etc.
  • PRF Management – Analysis, Prioritization, Review
  • Strong analytical and data analysis skills
  • Experience working with cross functional teams.

 

Resumes can be sent confidentially to justin.minter@gogpac.com with the subject "Pricing Manager Application"

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