Work with the Marketing department to determine relative product value and then work with the Commercial Sales department to capture that value.
Understanding of brand positioning and PLM
Knowledge of product portfolio: recognition of differentiation by product
Respond to transactional price requests. Responses need to be consistent with established profitability goals and market levels.
Work closely with stakeholders of the pricing process to determine:
Spec to quote
Competitive landscape
Margin Requirements
Various Commercial elements (value pricing, internal conflict, lead times, costs..etc.)
Participate in periodic audit reviews for margin, SAP accuracy, customer facing materials
Partner with Sales and Customer Service to receive requests for price/rebate
Execute decisions based on the strategies and tactics outlined for the Business Area and/or product line
Interact with Sales, Regional Manager to address potential conflicts or challenges
Collect and disseminate competitive data (ex. Price pages, price increase notices, price review, product offering
Assemble commercial market data for customer segmentation, product profitability,
Drive win/loss data collection
Develop and utilize analytical pricing tools that will enable the pricing department to more effectively manage price. Identify and Share best practices.▪ Perform per establish KPI
Participate in periodic business reviews to communicate measurement to KPIs
Challenge KPIs to ensure SMART and meaningful
703 S Cleveland Massillon Rd, Fairlawn, OH 44333, USA Hybrid Internship