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Product Pricing Analyst

2 weeks ago

จตจกร กรงเทพมหานคร, Thailand TE Connectivity Full time

TE Connectivity's 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.

The Pricing Analyst position is responsible for product price development & maintenance for specific product lines in the Board Connectors and Subsystems product portfolio. You will be responsible for the development of product & customer pricing strategies and executing them in the most efficient & profitable way. This includes understanding the global markets, performing customer and competitor analysis, and optimizing prices to maximize sales and margins. This position works closely with Product Management in developing price strategies & structures to support the financial objectives of the product lines & business unit. You will work closely with other teams within the global pricing organization: Pricing Operations, Agreement Pricing, and Pricing Analytics.

This is a unique role where the strategic alignment with Product & Sales Management is critical to optimizing the value of pricing to the business.

**What your background should look like**:
**Key Responsibilities**:
Optimization
- Adopt pricing segmentation & guidance methodologies
- Track overall price trends & health of price decisions
- Determine past/future price impact on sales & margin trends
- Monitor expected vs actual performance of standard & special prices
- Capture external competitive market data & leverage in analytics
- Processes
- Understand and comply with TE global pricing policies, processes, and practices
- Recommend and implement bi-annual book price adjustments for each region & sales channel
- Drive process and analytical innovation based on solid ROI
- Analytics
- Utilize advanced analytical models to determine optimal book prices
- Monitor daily transactions for any type of price leakage, e.g. price arbitrage, low-margins, etc.
- Identify products requiring book prices or in need of book price restructuring
- Perform margin and pricing analysis to support key business unit initiatives as required

**Job Requirement**:
Competencies/Skills:

- Proven ability to work in a global environment
- Excellent problem-solving and analytical capabilities
- Exceptional organization skill and detail oriented
- Ability to build relationships and team credibility across functions
- Proven decision-making skills & business acumen
- Background & Experience:

- Graduate or advanced degree in Economics, Finance, Business or comparable experience
- 3+ years of experience in Pricing or equivalent role
- Experience in the electronics industry and with pricing processes & practices
- Proven ability to achieve business objectives beyond what may be required
- Experience with SAP and Advanced Pricing Software a plus
- Fluent in Mandarin is a plus

**Competencies**:

- Values: Integrity, Accountability, Inclusion, Innovation, Teamwork