Pricing Analyst I

2 weeks ago

Angeles City, Central Luzon, Philippines Clark Outsourcing Full time

Position Title: Pricing Analyst I

Reports To: Partner, Partner Advisor

Primary Relationships: Partner Team

Date: June 2024

Schedule: 8:00 PM TO 5:00 AM PH Time

Position Overview:

Responsible for Pricing in the collaborative setup and maintenance of price requests and quotations for the Product Development, Sales, and Marketing departments.

Responsibilities:

  • Price Quotations
    • Maintain and analyze all China & India quotes for content and accuracy. Ensure that specifications match between factories for the same project. Analyze bag and carton dimensions to ensure correct freight cost calculations. Update USD conversion rates.
    • Collaborate with Product Managers and NAMs to request the proper quotation and implement the correct quote by product/customer.
    • Summarize multiple quotations for specification, cost, and certification requirements.
  • Price Analysis
    • Calculate/compare/report ATC and Retail gross margins by product and by customer while analyzing compliance with current year targets set by senior management.
    • Track the actual versus standard costs on quoted items to find patterns in data to report to other departments and/or managers for corrective measures. Maintain the RMB report for current program prices to limit re-quoting (limiting factory price increases).
    • Revisit price files to analyze inputs that reduce cost, reach target price points, and maximize margin.
    • Leads and presents special projects from PD Directors to maintain margins, supply required customer information, analyze margins, and maintain data integrity over all programs.
    • Analyze 'collect' and 'pre-paid' freight options that are advantageous for ATC expenses.
    • Build and present special program summaries to reflect current sell prices/margins to proposed customer cost reductions. Report comparisons to senior management.
  • Cost Maintenance
    • Maintain the Pricing Tracker and ensure that all price request deadlines are met. Analyze price requests vs rolled out products for management review of resource allocation.
    • Annual/quarterly/monthly reviews of pricing inputs with various departments. Report changes that impact costs and/or margins.
    • Maintain the Pricing Template and all background tables to ensure accuracy and changes to the pricing process. Analyze best practices for data manipulation to maintain deadlines. Collaborate with the Engineering team to test and price non-standard case packs, new cartons, and new projects.
    • Support the Ecomm team with analysis of requested price reductions, holiday events, and bulk order requests. Calculate individual promotional margins for Sales decision support.
    • Sales Administration support to ensure rollout accuracy.
  • Pricing Database
    • Maintain high-level interdepartmental communication to ensure the latest and most current inputs are being utilized in the pricing process. Including gathering and analyzing freight, duty, quotes, conversion rates, allowances, warehouse distributions, overheads, and target margins.
    • Collaborate with Purchasing and Marketing to maintain a carton/packaging library to reduce one-time costs, and to estimate program needs with short deadlines.
    • Update and implement current rework processes and costs. Historically maintain price files to reflect the true rework required upon rollout.
    • Update structures to reflect changing components, and report cost/margin implications

Qualifications:

  • Bachelor's Degree in Economics, Finance or other related/quantitative fields;
  • Minimum 2 years of job related experience
  • Advanced Computer Skills, including experience with Microsoft Word, Excel and AS400 (preferred)

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