Pricing Specialist II

Arrow Electronics, Inc.; BLOOMINGTON (MN); On-site; USD 80,000 - 93,000; Full time

Benefits offered by this job

Medical, Dental, Vision Insurance

401k with Matching Contributions

Paid Time Off

Health Savings Account (HSA)/Health Re

Growth Opportunities

Job summary

Arrow Electronics is seeking a Pricing Specialist II in Bloomington, MN. You will liaise between suppliers and the sales team, manage quotes, and maintain pricing across Oracle, SAP, and Salesforce. Proficiency in Excel and data reporting is essential.

This fast-paced role emphasizes accurate pricing updates across multiple systems. You will work with suppliers and internal Arrow departments to ensure timely debit renewals and strong relationships, with a focus on market trends and pricing

Qualifications

• 4-year degree and 5 years related experience.
• Excellent verbal and written communication.
• Experience with Oracle/SAP and ERP systems.
• Experience in Interconnect, Passive, and Electromechanical industries.

Responsibilities

• Analyze market trends, supplier performance and pricing strategy.
• Coordinate with segment managers, product specialists, and sales.
• Monitor supplier price performance and maintain reports.
• Communicate with suppliers about customers and quotes.
• Collaborate with sales, purchasing and finance to complete debit renewals.
• Maintain pricing in multiple systems and respond promptly to requests.

Skills

Excel

Communication

Relationship building

Independent work

Procurement

Education

4-year degree

Tools

Oracle

SAP

Salesforce

Job description

Pricing Specialist

This position is the liaison/interface between Arrow's suppliers and sales organization, ensuring positive business relationships are maintained every step of the way! Our Pricing Specialists II work heavily by email, closely with Arrow suppliers, requesting and maintaining quotes related to pricing and in continuous relationship building. This role will work heavily within Microsoft Excel and in various other systems (Oracle and Salesforce). This is a fast-paced opportunity, ensuring pricing information is up to date in multiple systems, at all times.

Position

Pricing Specialist II

Job Description

Pricing Specialist This position is the liaison/interface between Arrow's suppliers and sales organization, ensuring positive business relationships are maintained every step of the way! Our Pricing Specialists II work heavily by email, closely with Arrow suppliers, requesting and maintaining quotes related to pricing and in continuous relationship building. This role will work heavily within Microsoft Excel and in various other systems (Oracle and Salesforce). This is a fast-paced opportunity, ensuring pricing information is up to date in multiple systems, at all times.

What You’ll Be Doing

• Responsible for the analysis of market trends, supplier performance, internal developments, and objectives to facilitate ongoing development of Arrow's adder and quoting strategy.
• Facilitate interaction and feedback from segment managers, product specialists, and sales members.
• Monitor, measure, and report supplier market price performance, generating and regularly maintaining associated reporting and spreadsheets.
• Facilitates communication with suppliers regarding customers and pricing quotes.
• Interface with Suppliers and internal Arrow departments including sales, purchasing, and finance in order to obtain answers and solutions to complete the debit renewal process.
• Accurately maintain pricing and other key details in different systems.
• Review and respond to requests in a timely manner, verifying and preparing correct information for suppliers and inside sales teams.
• Manage workload and tasks effectively daily to provide excellent service to suppliers and other Arrow departments.

What We're Looking For

• Typically requires a 4-year degree and 5 years of related experience; equivalent alternative combinations of experience and education will be considered. Electrical Mechanical backgrounds highly preferred.
• Excellent verbal and written communication.
• Interconnect, Passive, and Electromechanical industry experience highly preferred.
• Strong background in customer service; call center experience highly preferred. (This role will work with Sales members, suppliers, purchasing, etc.)
• Ability to work independently with little or no guidance.
• Ability to build and maintain effective business relationships with a variety of internal and external clients.
• Demonstrated experience and proficiency with Microsoft Excel, including Pivot Table and VLOOKUPs. Macros experience highly preferred.
• Ability to shift priorities quickly and effectively and handle high volume workloads.
• Be a self-starter and enjoy a fast-paced work environment.
• Background in material planning, procurement, quotes, purchasing, or related industry order management experience.
• ERP experience. Oracle/SAP is highly preferred.
• As you saw in the job posting, this role will perform work covered by International Traffic in Arms Regulations. Viable candidates for this position must be eligible for an export license or be a U.S. Person (which includes but is not limited to U.S. citizens or nationals, lawful permanent residents, refugees, and asylees).

What’s In It For You

At Arrow, we recognize that financial rewards and great benefits are important aspects of an ideal job. That’s why we offer competitive financial compensation, including various compensation plans, and a solid benefits package.

• Medical, Dental, Vision Insurance
• 401k, With Matching Contributions
• Paid Time Off
• Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options
• Growth Opportunities
• Short-Term/Long-Term Disability Insurance
• And more!

Annual Hiring Range/Hourly Rate

$80,100.00 - $93,280.00
Actual compensation offer to candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level. The pay ratio between base pay and target incentive (if applicable) will be finalized at offer.

Location

US-MN-Bloomington, Minnesota (Hampshire Ave)

Time Type

Full time

Job Category

Product & Supplier Management

EEO Statement

Arrow is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, gender, age, sexual orientation, gender identity, national origin, veteran or disability status. (Arrow EEO/AAP policy)

All Arrow job postings are for existing job vacancies. We anticipate this requisition will be open for a minimum of five days, though it may be open for a longer period of time. We encourage your prompt application. In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.