Pricing Strategy Lead (Industrial) - Hybrid WI

Copeland; Cudahy (WI); Hybrid; USD 70,000 - 110,000; Full time

Job summary

Copeland in Cudahy, WI is seeking a Pricing Analyst to lead pricing strategy and execution for the Industrial business unit. You will set and optimize product and service prices to improve revenue and profitability, coordinating with marketing, sales, finance, and product management.

The role requires a Bachelor’s in marketing, finance, economics, statistics or engineering and at least 4 years in pricing or finance. MBA is a plus; experience with Oracle ERP and Sigma BI is preferred.

Qualifications

• Bachelor's degree in marketing, finance, economics, statistics or engineering with a minimum of 4 years of finance or pricing experience.
• Price Analytics, reporting & data analysis, and database management experience
• Excellent written and oral communication skills to communicate with key internal customers – product management, sales, & executive team
• Ability to maintain keen attention to detail, multitask and work well with tight or opposing timelines
• Natural tendency to be curious, positive and creative
• Teammate who collaborates well with others

Responsibilities

• Pricing Strategy Development - analyze market dynamics, competitive landscape, customer behavior, and internal cost structures to develop pricing strategies aligned with the company's objectives.
• Pricing Analysis and Research - conduct comprehensive pricing analysis to evaluate pricing effectiveness, identify pricing opportunities, and monitor market trends.
• Pricing Implementation and Execution - collaborate with relevant teams to implement pricing changes and ensure consistency across products, services, and markets.
• Pricing Optimization - continuously monitor and optimize pricing performance. Use pricing analytics and performance measurements to assess the impact of pricing decisions, identify areas for improvement, and recommend pricing adjustments to enhance profitability and market share.
• Cross-Functional Collaboration - work with various departments to gather inputs, align pricing strategies with business goals, and ensure effective execution.
• Pricing Governance and Compliance - maintain documentation of pricing decisions, contracts, and agreements, and provide guidance to ensure adherence to pricing guidelines and ethical practices.
• Pricing Communication and Training - communicate pricing strategies, changes, and rationale to internal partners, including executives, sales teams, and customer support. Provide pricing training and support to sales teams to ensure their understanding and effective implementation of pricing initiatives.

Skills

Pricing strategy

Pricing analysis

Cross-functional collaboration

Data-driven decision making

Communication skills

Attention to detail

Education

Bachelor's degree in marketing, finance, economics, statistics or engineering

Masters of Business Administration

Tools

Oracle ERP

Sigma BI tools

Job description

Copeland in Cudahy, WI is seeking a Pricing Analyst to lead pricing strategy and execution for the Industrial business unit. You will set and optimize product and service prices to improve revenue and profitability, coordinating with marketing, sales, finance, and product management.

The role requires a Bachelor’s in marketing, finance, economics, statistics or engineering and at least 4 years in pricing or finance. MBA is a plus; experience with Oracle ERP and Sigma BI is preferred.