Pricing Manager
4 weeks ago
The Timken Company is a global technology leader in engineered bearings and industrial motion, designing innovative products for diverse industries. We're seeking a skilled Pricing Manager to drive pricing execution, process compliance, and provide leadership to the pricing team for both distribution and OEM sales channels.
About the Role
This is a key position that requires strong analytical skills with an attention to detail. The Pricing Manager will use advanced analytics, such as predictive pricing, to support strategic marketing initiatives. Key responsibilities include:
- Drive Strategy Execution: Ensure adherence to the cradle-to-grave pricing strategy across various customers and channels.
- Price Guidance Management: Input and validate pricing guidance, ensuring compliance with business rules and regional strategies.
- Global Coordination: Oversee and coordinate global quotes across pricing leads to ensure consistency and accuracy.
- Team Performance: Drive and manage team performance related to quotes, ensuring timely and accurate pricing execution.
- Agreement Management: Execute on-time price agreement renewals, long-term agreements (LTAs), and material recovery models.
- Day-to-Day Execution: Manage daily pricing activities at the regional/FEU level, ensuring all pricing processes are followed effectively.
- Regional Strategy Alignment: Collaborate closely with business managers and regional leadership to align pricing strategies with regional goals.
- Process Improvement: Identify and report process gaps and work on resolving them to enhance efficiency.
What We Offer
The Timken Company offers a competitive salary and benefits package, as well as opportunities for career growth and development. We're committed to creating a diverse and inclusive work environment, where employees can thrive and contribute to our mission of improving the efficiency of industrial equipment and preparing for the future of motion on our planet and beyond.
Qualifications
To be successful in this role, you'll need:
- Minimum - Bachelor's Degree in a technical and/or business field (Engineering, IT, Mathematics, Supply Chain, Analytics, Business, etc.) with 8+ years related experience
- Preferred - Master's degree in a technical and/or business field (Engineering, IT, Mathematics, Supply Chain, Analytics, Business, etc.) with 6+ years related experience
- Proficient in Microsoft Office Suite (Excel, Word, PowerPoint), SharePoint, and information systems (SAP, SQL, Access)
- Web scraping and development experience preferred
- People management experience preferred
Equal Employment Opportunity
The Timken Company is an equal employment opportunity employer and welcomes applications from diverse candidates. We're committed to creating a workplace that's inclusive and respectful of all employees, regardless of their background, culture, or identity.
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