Contribute to the development and execution of the Annual Cycle Plan for Mechanical Parts by conducting thorough pricing analysis, validation, and support the implementation of new pricing strategies.
Acquire, analyze, and review competitive pricing data to identify market trends and inform strategic decisions.
Support the development and ongoing updates of pricing strategies for individual mechanical product lines, ensuring alignment with market dynamics and business objectives.
Analyze product performance and profitability within each pricing cycle, identifying areas for optimization and reporting findings.
Execute deep dives into product positioning and relevant market segments based on requests from Product Category Managers (PCMs) and identified business needs.
Prepare and present key pricing insights, performance metrics, and analytical findings to management, highlighting major actions, critical decisions, and adherence to plans.
Assist the Product Sales team with detailed discount analysis and provide recommendations for optimization.
Contribute to broader commodity team initiatives and special projects related to price positioning, business plan development, responses to significant external market changes, and evaluation of pricing effectiveness.
Assist in the modernization of pricing processes, data handling methodologies, exploration of AI applications, and strategic product positioning to maximize profitability and market share.
Requirements
Bachelor's Degree in Business, Computer Science, Engineering or related field.
3+ years of experience in business or marketing.
Demonstrated ability to gather, analyze, and interpret complex data sets to drive informed business decisions.
Knowledge in MS Office Suite executive, Power BI, Alteryx.
Excellent written and verbal communication skills, with the ability to clearly articulate complex analytical findings and present to various stakeholders, including senior management.
Experience in handling large-scale data, conducting market research, and generating comprehensive reports.
Proven ability to be proactive, work independently, and thrive in a fast paced, dynamic environment.
Strong organizational skills with the ability to manage multiple priorities and collaborate effectively within a team environment.
Benefits
Immediate medical, dental, vision and prescription drug coverage
Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
Vehicle discount program for employees and family members and management leases
Tuition assistance
Established and active employee resource groups
Paid time off for individual and team community service
A generous schedule of paid holidays, including the week between Christmas and New Year’s Day
Paid time off and the option to purchase additional vacation time.