Pricing Manager - Redditch, United Kingdom - Reed Business Support

Reed Business Support

Verified Company

Redditch, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

A fantastic job opportunity has arisen for a Pricing Manager with automotive or aftermarket industry experience to join a global manufacturing business with a great reputation at their office based in Redditch.

This join is within the friendly and supportive customer operations team.

This role will be supporting the Business Unit Manager in building and managing an EMEA Aftermarket pricing model to aid in pricing throughout a products life cycle and adapts to everchanging market demands.

This role is based at the office in Redditch, South Birmingham and is a hybrid working role (50% in the office, 50% work from home)

Salary = £45-55,000 per annum
Benefits = Hybrid working, 25 days holiday + statutory holidays, pension, healthcare, etc.

Hours = Mon-Fri 8am-4:30pm

Duties include:

Responsible for the pricing strategy for the European Aftermarket business with the aim to maximize profitability while sustaining market share growth
Develop market expertise on the products, distribution channels and the client groups to be able to deploy an adequate strategy taking into consideration the complexities of the business
Coordinate semiannual pricing efforts and other pricing changes (special programs, market revisions, etc.) and effectively communicate those pricing updates on a timely basis to internal and external customers
Develop and utilise tools to track pricing performance
Record and analyse the results of Quotes and Pricing Programs to ensure consistency with overall pricing and marketing strategies
Determine risks to overall profitability and margin through price leakage analysis and develop strategies to maximize profitability and minimize loss
Analyse costs and competitive pricing to develop fair market prices
Respond to tender/bid requests from customers for incremental business at profitable margins and maintain margins and profitability for the life of the bid
Analyse market dynamics in EMEA to develop a detailed competitive Pricing Model
Benchmark market and run pricing survey to position the product range accordingly to competition and adjust pricing level accordingly to parts competitiveness
Develop and maintain an effective interface between the Pricing Department, Business Line Management, Purchasing Department, Finance and Sales
Improve Metrics on Pricing Errors ratios
Resolve efficiently and satisfactorily pricing issues which balance the need to meet customer expectations and minimize profit losses to the business
Pricing tool maintenance, updates, improvements to ensure efficient pricing process and automatize tasks
Pricing training

So as you can see this is a super interesting and important role for the business.

Experience in pricing ideally in the Aftermarket business or the automotive industry
Ability to build simple processes in a complex environment to ensure consistency
Exposure to the European market and cultural aspects is desirable
Ability to achieve tight deadlines and work under pressure
Ability to drive changes across businesses Person Specification
Analytical data skills especially Excel
Commercial acumen
Confident
Excellent communication and interpersonal skills
High proficiency in IT, in particular Excel and Oracle