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Senior Pricing Strategy Leader
2 months ago
Location: Eastern or Central time zone / must be willing to travel as required.
Senior Pricing Strategy Leader at Benco Dental
At Benco Dental, we consider our team as family, and we are in search of a dedicated professional to help us in our mission to Drive Dentistry Forward. Please review the details below to determine if this role aligns with your career aspirations.
What We Offer:
- Competitive Compensation Packages
- Comprehensive Medical, Dental, and Vision Benefits from Day 1
- 401k Plan, Paid Time Off, and Profit Sharing
- Flexible Work Options
- Discounts for Associates and Community Engagement Programs
- College Tuition Assistance Program
- Supportive Family Culture for all Associates
- Recognized as a FORTUNE Great Place to Work
- Opportunities to participate in resource groups promoting Diversity, Equity, and Inclusion
- Family-owned for over 90 years
Position Overview:
Benco Dental is actively seeking a seasoned pricing expert to take on the role of Senior Pricing Strategy Leader. Reporting directly to the Chief Marketing and Supply Chain Officer, this position is pivotal in crafting, executing, and refining pricing strategies that enhance revenue and profitability across all distribution channels.
This role necessitates a deep understanding of market dynamics and cost structures prevalent in the distribution sector. Collaboration with cross-functional teams, including sales, IT, data analytics, finance, and operations, will be essential to drive pricing decisions that align with overarching business objectives. Additionally, a team of pricing analysts will report to this position.
Key Skills and Attributes:
- Strong analytical capabilities with expertise in data analysis and financial modeling
- Strategic thinker with the ability to identify and devise solutions to complex challenges
- Proficient in translating market insights into effective pricing strategies
- Experience with pricing software, CRM systems, and ERP systems
- Knowledge of advanced statistical analysis methods, including predictive modeling techniques using tools such as Python, SAS, R, or SPSS
- Strong understanding of SQL and data warehousing concepts
- Detail-oriented with the ability to manage large datasets and multiple projects
- Proven leadership experience in managing and developing teams
- Excellent communication and presentation skills, capable of influencing stakeholders at all levels
Responsibilities:
- Formulate comprehensive pricing strategies that align with business objectives, market conditions, and customer demographics
- Utilize pricing analytics tools and technologies to streamline pricing processes, analyze data, and derive actionable insights
- Establish pricing policies and frameworks to ensure consistency across distribution channels
- Evaluate pricing risks and opportunities within a diverse portfolio
- Monitor market trends and competitive pricing to proactively adjust strategies
- Track pricing performance metrics and modify strategies to meet financial targets
- Determine optimal pricing for products and services to maximize revenue and profitability
- Conduct pricing analyses, including elasticity modeling and price sensitivity assessments
- Collaborate with finance to evaluate pricing impacts on margins and overall financial health
- Develop and implement pricing strategies for key customer segments
- Drive initiatives for continuous improvement in pricing capabilities
- Recruit, train, and mentor a team of pricing professionals
Qualifications:
- 10+ years of experience in pricing strategy or finance, ideally within the distribution industry
- 5+ years of experience in a leadership role
- Bachelor's Degree in Analytics or a related field; Master's Degree preferred
About Us: Benco Dental is committed to Driving Dentistry Forward. As the largest privately owned, full-service dental distributor in the United States, we have been a family-owned business since 1930, serving over 40,000 customers and employing more than 1,500 associates nationwide.
We offer a wide range of supply and equipment options, complemented by a suite of services including office design, equipment repair, practice coaching, and dental-specific technology solutions. Our dedicated team of professionals is committed to understanding and fulfilling customer needs.
If you are passionate about making a significant impact in a progressive company that values diversity and fosters growth, we invite you to explore opportunities with Benco Dental.
We are proud to be an equal opportunity and affirmative action employer, celebrating diversity and inclusion within our workforce.