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Job Location | Bangalore |
Education | Not Mentioned |
Salary | Not Disclosed |
Industry | Manufacturing |
Functional Area | Sales / BD |
EmploymentType | Full-time |
TE Connectivitys Product Pricing Teams determine the price of new and existing products by evaluating cost, marketplace, competitor data, economic conditions, volume, and quality of the product, as well as market positioning.Position Summary:This Product Pricing Manager position reports to the Director of Pricing. This is a unique role in the organization that will include involvement in all aspects of the pricing function. The initial focus will be on process optimization across the product pricing and operational areas. The success of process improvements is fundamental to transforming the Pricing organization from a highly transactional group to a strategic pricing team. We expect the person to have experience implementing new technologies and best practices. You will also participate in the development of valued-based product pricing strategies and executing them in the most efficient & profitable way. Finally, you will be part of the Pricing Leadership Team consisting of leaders from Product Pricing, Pricing Operations, Agreement Pricing, and Pricing Analytics.Responsibilities:Strategy Participate in defining vision and value of pricing to the business Drive pricing strategies that support business expectations and KPI goals Understand and apply playbooks used in executing pricing strategies Ensure close alignment to Pricing, Product Management, and Sales functionsOptimization Promote and apply value-based price strategies Monitor and challenge overall price trends & health of price decisions Identify reasons for gaps in expected vs actual performance of pricing Capture external competitive market data & leverage in analyticsProcesses Ensure pricing policies & procedures are supported by sustainable practices & systems Govern bi-annual book price process for each region & sales channel Participate in process innovation & improvements based on solid ROIAnalytics Monitor daily transactions for price leakage and drive corrective actions Leverage AI to drive transactional customer & product price decisions Perform margin and pricing analysis to support key business unit initiatives as requiredTalent Development Encourage environment of respect & accountability Challenge each person to perform at the highest-levelSkills:Proven global leadership capabilities Excellent problem-solving and analytical capabilities Exceptional project management & communication skills Ability to build partnerships based on credibility with Product Management Proven decision-making skills & business acumenExperience:Graduate or advanced degree in Economics, Finance, Business or comparable experience Broad background of experience in Pricing, Sales, Product Management, and Operations preferred 6+ years of experience in price management or equivalent role(s) in a global organization Experience in the electronics industry and related pricing processes & practices Proven ability to achieve business objectives beyond what is required Experience with SAP and Advanced Pricing Software a plusCompetenciesMotivating OthersBuilding Effective TeamsManaging and Measuring WorkValues: Integrity, Accountability,Teamwork, InnovationSET : Strategy, Execution, Talent (for managers),
Keyskills :
market dataproblem solvingproduct pricingpricing analysisadvanced pricingglobal leadershipproject managementpoliciesprocedures