TE Connectivity's Product Pricing Teams determine the price of new and existing products by evaluating cost, marketplace, competitor data, economic conditions, volume, and quality of the product, as well as market positioning
A pricing analyst works with complex data examining industry standards and pricing strategies of competitors to help businesses determine and set competitive prices.
What your background should look like:Responsibilities:
• Harvesting data from various sources to create report that can assist stakeholders to make pricing decisions.
• Maintain prices routinely in systems.
• Handling pricing requests online and offline using TE tools.
• Identify low margin business and work with PMs to find solutions.
• Monitor agreement performances.
• Use advanced analytic skills to identify problems and opportunities.
• Develop various reports to support pricing decisions.
• Explore next level Pricing areas (i.e. competitive analysis, A.I., cross-functional data integration, etc.)
• Balancing Stakeholders (Sales, PM, customer care, and finance)
• Ability to simplify and communicate pricing strategies to stakeholders.
• Communication – cross BU & cross Function
• Applying market insights and rules into pricing decisions
• Making recommendations for pricing opportunities
Experience:
• 5-8 years of experiences in pricing or other equivalent type role
Education:
• Bachelor’s degree in economics, finance, statistics, business, or other related fields
Language:
• English – Advanced
• Japanese and Thai will be preferred