Pricing Specialist

Avnet LLC; United States; Hybrid; USD 75,000 - 110,000; Full time

Benefits offered by this job

Paid Time Off

401K and Pension Plan

Medical, Dental, Vision insurance

Job summary

Avnet is hiring a Pricing Analyst in the United States to develop and implement pricing strategies based on market dynamics. You will conduct competitive pricing analysis and monitor pricing integrity across ERP systems while collaborating with Sales, Marketing and Finance.

The role requires 3+ years of pricing experience, strong analytical skills and a Bachelor's degree. Hybrid work arrangement is available, with three days in-office.

Qualifications

• Bachelor's degree or equivalent required.
• 3+ years of pricing experience in a corporate environment.
• Strong analytical skills and ability to translate data into actionable pricing strategies.

Responsibilities

• Partners with sales/marketing, business development and finance to position product portfolio and align pricing programs with strategy and revenue recognition.
• Analyzes prices in external marketplace (competitor pricing, seasonal changes, discounts, willingness to pay) and overall consumer spending patterns.
• Verify pricing and clear price-related blocks in the ERP before generating delivery orders. Provide suppliers with POS information.
• Analyzes internal pricing models considering costs (labor, materials, distribution, contracts) to evaluate prices against expenses and budgets.
• Evaluates opportunities to monetize products offered at little to no cost or repositioned in the market to upsell.
• Projects impact of pricing changes, promotions and rebate programs on revenue.
• Creates/administers pricing databases and coordinates implementation of pricing and delivery proposals across the organization.
• May update pricing databases and track current vs historical pricing of company products and competitors.
• Performs analysis and reports results of program impact to account managers and plans for growth.
• Maintains and drives pricing knowledge of products, competitors, technology and customers in the supplier product market.

Skills

Pricing strategy

Pricing analysis

ERP systems

Cross-functional collaboration

Education

Bachelor's degree

Tools

Pricing databases

ERP platforms

Job description

Who We Are:At Avnet, relationships matter. We are a global, FORTUNE 500 technology distributor and solutions company that delivers design, supply chain and logistics expertise to customers at every stage of a product’s lifecycle. Our employees have a front row seat to the latest innovations shaping the world we live in and the future we share. We’re driven to help our customers around the world succeed and we do so by earning the trust of some of the biggest names in technology.Working at Avnet means being a part of a global team. We work collaboratively and with integrity, doing business the right way. For more than a century, we have partnered together to help our customers, suppliers and teammates realize the transformative possibilities of technology. Experience what’s next at Avnet!Applicants for this position must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time. Candidate must be a US citizen or US permanent resident.This role is hybrid (3 days in office) and must report out of an Avnet office: https://www.avnet.com/americas/about-avnet/locations/Job Summary:Develops, evaluates and implements pricing strategies and models based upon current business and competitive market dynamics. Conducts research and performs competitive pricing analysis. Monitors ongoing competitive environment to ensure practices do not adversely impact company reputation or customer satisfaction.Principal Responsibilities:Partners with sales/marketing, business development and finance to correctly position product portfolio and establish pricing programs aligned with product/sales strategy and revenue recognition requirements.Analyzes prices in the external marketplace, such as competitor pricing, seasonal changes in pricing, discounting, customer’s willingness to pay, and overall consumer spending patterns.Verify pricing and clear price related blocks in the Enterprise Resource Planning (ERP) before generating delivery orders. Including providing suppliers with point of sale information.Analyzes internal pricing models that consider product costs such as labor, materials, distribution, and contracts to evaluate prices against actual expenses and budgets.Evaluates opportunities to monetize products offered initially at little to no cost (such as online products), or to create upsell opportunities as products are repositioned in the marketplace.Projects impact of pricing changes, individual promotions and rebate programs on revenue.Creates/administers pricing databases and coordinates implementation of pricing and delivery proposals across the organization.May also update pricing databases track current and historical pricing of the company’s products and of its competitors.Performs analysis and reports results of various program impact for identified customer(s) notifying the account manager of success, issues and future growth plan strategies.Maintains and drives trending knowledge of products, competitors, technology and customers in the assigned supplier product market.Other duties as assigned.Job Level Specifications:Thorough knowledge of principles, theories and concepts in area of discipline. Competent in all job functions and has general understanding of the industry practices, techniques and standards.Develops solutions for a variety of situations and works on projects requiring evaluation and analysis. May refer to policies, practices and precedents for guidance; determines best course of action to achieve results.Work is performed independently and requires the exercise of judgment and discretion. May receive some limited guidance for new assignments. Work may be reviewed for overall adequacy.Collaborates with management and team members within the department/function and other areas of the organization. May represent department internally or externally.Work Experience:Typically 3+ years with bachelor's or equivalent.Education and Certification(s):Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.#LI-AMERWhat We Offer:Our employees work hard to live our values and help us grow. Our total rewards strategy supports Avnet’s ability to attract, engage, develop, and reward our employees, while promoting a diverse and inclusive environment. We offer competitive compensation and benefit programs — from time away and flexible working arrangements to programs supporting employee well-being and opportunities to give back to your community.Generous Paid Time Off401K and Pension PlanPaid HolidaysFamily Support (Paid Leave, Surrogacy, Adoption)Medical, Dental, Vision, and Life InsuranceLong-term and Short-term Disability InsuranceHealth Savings Account / Flexible Spending AccountEducation AssistanceEmployee Development ResourcesEmployee Wellness, Leadership Development and Mentorship ProgramsBenefits listed above may vary depending on the nature of your employment with Avnet.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.Avnet is an Equal Opportunity Employer committed to providing equal opportunities to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex (including pregnancy), age, marital status, sexual orientation, gender identity or expression, disability, veteran status, genetic information or any other characteristic protected by law. This policy of non-discrimination also applies to religious dress and grooming practices. Avnet will accommodate employee religious dress standards and grooming practices that do not result in undue hardship for the Company. If you are interested in applying for employment with Avnet and need special assistance or an accommodation to apply for a posted position contact our Human Resources Service Center at [phone].