Job Description
- Collaborating with sales and marketing departments on developing and implementing competitive pricing strategies.
- Analyzing market trends including competitors’ prices, consumer habits, marketing strategies to increase market share and profitability.
- Collect prices feedback from salesperson/customers.
- Collect market feedback, monitor competitor activities, and update his/her superior.
- To offer the unavailable material the prices rates to salespersons inquiries.
- Synthesize external trends with internal data, (prices of products in the market Vs. material landed costs).
- Implementation of pricing modifications/updates on the ERP program after gaining approvals.
- Recommending pricing strategies that align closely with market trends and identifying new market.
- Developing dynamic pricing tools to effectively respond to changing market needs and trends.
- Prepare market report to the management on monthly, quarterly, half yearly & yearly basis.
Job Requirements
- A bachelor’s degree in business, mathematics, statistics, finance, economics, or in a related field.
- A minimum of 1-2 years’ experience as a pricing executive analyst in a similar industry.
- Excellent analytical and communication skills.
- Good knowledge and practical experience in Microsoft Word, Excel, and Access.
- Innovative, creative, and hard worker.
- Accuracy and attention to details.
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