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Pricing Analyst

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Eaton

2mo ago

  • Job
    Full-time
    Junior & Mid Level
  • Sales & Business Development
    Data
  • Pune

AI generated summary

  • You need a degree in Business or related fields, 2-4 years in pricing (manufacturing preferred), strong Excel skills, process improvement knowledge, and excellent communication abilities.
  • You will manage price approvals, analyze pricing data, support sales with quotations, resolve data issues, and enhance pricing processes to improve profitability and decision-making.

Requirements

  • Graduate in Business Administration, Mathematics, Statistics, Commerce, and Economics. MBA degree (Marketing or Finance) preferred.
  • 2 to 4 years of pricing experience. Preferably in the Manufacturing industry.
  • Ability to manage a large amount of transactional data.
  • Working knowledge of Process Improvement tools and methodologies.
  • Proficiency in MS – Office suite, should be very proficient with MS- Excel.
  • Ability to multi-task and be proactive & independent in a dynamic environment.
  • Highly motivated individual with excellent oral and written communication skills.
  • Strategic and Critical approach towards solving problems and decision making.
  • Results-oriented; proven ability to prioritize, drive and achieve results.
  • Excellent communication skills - storytelling, concept pitching.
  • Problem solving and decision making capability.
  • Good communication skills.
  • Globally Savvy.
  • Customer Focus.
  • Get result through self and others.
  • Experience of working on BI tools like CPQ, SAP.

Responsibilities

  • This position will be based in Sales and Marketing center in Pune. The position will be individual contributor & part of APMR’s Pricing analytic team. The position will require working in a cross functional team to manage price approval process along with pricing data in a sustainable way. The incumbent will work in partnership with price operations team members to standardize processes, metrics, and scorecards for Quality, Productivity, Operations. Incumbent will support the country sales organizations for component-based price management in assigned region(s) or country(s) including Pricing approvals, contract quotes, and requests. Liaison with Pricing/Business Analyst and Regional Pricing Manager, Eaton Sales Team, and Product Management. Support projects or programs for price and quote management, with coordination of cross-functional resources.
  • Discover the information hidden in vast amounts of data. Help to make smarter decisions to business by delivering a single source for truth for data. Primary focus would be in applying advance analytics methods and techniques to provide insights and actionable recommendations.
  • Calculates price quotations, and discounts, and triggers prices using Price Index, mark-ups, and established guidelines.
  • Maintains quotes, contracts, pricing structures, and price lists electronically and in different databases. Resolves data integrity issues when present (incorrect prices, discounts, quotes, etc).
  • Support in providing recommendations on price quotations (beyond established guidelines) and/or price discount programs by performing analysis of cost information, competitive pricing, and profitability.
  • Consult with Sales, Customer Service, Product Management, and plant personnel when needed.
  • Support in executing projects of strategic importance in the areas of Price Management.
  • Support Product Line managers, Pricing Managers, Finance teams & Sales leaders in pricing processes that build pricing sophistication and overall profitability.
  • Identify opportunities to enhance current processes to reduce risk through effective use of price analytics.

FAQs

What is the primary location for the Pricing Analyst position?

The position is based in the Sales and Marketing center in Pune.

What team will the Pricing Analyst be part of?

The Pricing Analyst will be part of APMR’s Pricing analytic team.

What type of role is the Pricing Analyst position?

It is an individual contributor role.

What are the main responsibilities of the Pricing Analyst?

The main responsibilities include managing the price approval process, maintaining pricing data, supporting sales organizations in price management, and delivering insights through advanced analytics.

What qualifications are required for this role?

A graduate degree in Business Administration, Mathematics, Statistics, Commerce, or Economics is required, with an MBA degree (Marketing or Finance) preferred.

How many years of experience are necessary for this position?

2 to 4 years of pricing experience is preferred, particularly within the manufacturing industry.

What skills are essential for the Pricing Analyst?

Essential skills include data management, proficiency in MS Excel, problem-solving, strategic and critical thinking, and strong communication abilities.

What tools or software are expected to be used in this role?

Proficiency in BI tools like CPQ and SAP is expected, along with a strong command of the MS Office suite.

Will the Pricing Analyst need to work with cross-functional teams?

Yes, the Pricing Analyst will work closely with various teams, including Sales, Customer Service, Product Management, and finance teams.

Is there a focus on process improvement in this position?

Yes, the incumbent is expected to identify opportunities to enhance current processes to reduce risk through effective use of price analytics.

What type of projects will the Pricing Analyst support?

The Pricing Analyst will support projects of strategic importance in the areas of Price Management.

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Eaton

Manufacturing & Electronics
Industry
10,001+
Employees

Mission & Purpose

Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy and helping to solve the world’s most urgent power management challenges. Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.