Manager, Strategic Pricing

Location

Chennai | India

Job description

JOB DESCRIPTION

Job Summary

If you are a Pricing professional looking for an opportunity to grow, Emerson has an exciting opportunity for you based in our Chennai location. We are currently hiring a Global Pricing Manager responsible for the development and enhancement of the strategic pricing capabilities across Actuation Technologies. Through collaboration with Marketing and Finance teams, the Pricing Manager will develop value based, forward looking pricing plans, product price positioning and new pricing strategies. The Pricing Manager will report directly to the Director of Price Management and support the implementation of pricing strategies that align with the business unit growth planning direction, resulting in price realization.

The pricing Manger should possess knowledge of quantitative and qualitative data analysis methods and work in an environment with large complex data sets. This position will collaborate across all parts of the organization to develop market understanding and employ data management tools to create understanding. This role will develop pricing excellence capabilities and deliver strategic pricing plans and initiatives to drive operational improvement across Actuation Technologies' product lines globally. Emerson offers generous benefits, flexible work schedules, and we are committed to a diverse workforce!

As a Manager, Strategic pricing, your Responsibilities Will Be:

• Work closely with the strategic business units, sales, and project leaders to develop coordinated pricing strategies, identify new business / pricing opportunities, and communicate pricing rationale across the business.
• Determine methodology to analyze historical pricing information to determine the best price points for the business.
• Define and track price metrics, KPI's, and best practices across the company globally, identify actions.
• Mine data, analyze and interpret results using standard statistical tools and techniques.
• Employ statistical modeling methods to determine the impact of pricing strategies and identify opportunities.
• Benchmark and maintain visibility into current pricing performance by product and geography.
• Track the effectiveness of annual/midyear price adjustments and quantify the realized impact.
• Track the contribution of specific price improvement initiatives and report regularly.
• Identify and implement price improvement opportunities.
• Identify price leakage opportunities and develop remedies and prevention measures.
• Take lead role in the annual development and dissemination of the Global Price Books
• Maintain product, market, and channel knowledge and regularly monitor industry pricing practices, particularly for major competitors and distributors.
• Coordinate with all world areas on price increases
• Collaborate with the Business Analytics and Intelligent Automation teams to develop tools enabling data driven pricing decisions, creating visuals, and delivering business.
• Collaborate with IT and other departments for pricing inputs supporting development of Digital commerce (Configure Price Quote) tools.
• Provide input on new product pricing strategies.
• Assist sales with pricing intelligence and impacts.
• Manage a team of Pricing Analyst located in Chennai.

Who You Are:

You know how businesses work and how organizations make money. You understand the meaning and implications of key financial indicators. You understand internal and external stakeholder requirements, expectations, and needs. You keep a strong bottom-line orientation. You come up with useful ideas that are new, better, or unique, introducing new ways of looking at problems. You ask the right questions to accurately analyze situations. You are an effective leader who drives team engagement.

Education, skill, and experience, you require for this role:

• Bachelor's degree in engineering
• 12+ years of overall experience preferably in Pricing, Statistics, Engineering, Marketing, Sales, Finance, or Accounting with an industrial (business-to-business) company selling configured products.
• 6+ years of Supervisor Experience including setting up annual objectives, performance evaluation, identifying & planning upskilling of team members apart from regular day to day functional deliverables by the team.
• Strong quantitative and qualitative analytic skills
• Excellent written and verbal communication skills
• Demonstrated ability to work in a team environment.
• Ability to drive change and effectively handle multiple priorities.
• Strong Management Competencies

Preferred Qualifications that Set You Apart:

• MBA / Equivalent Post Graduation program in Business Management or Data Analytics (Offline, Online or Hybrid programs)
• Advanced certified user of Data Analytics & Reporting Tools
• Expert user in ERP, preferably Oracle

Our Offer to You:

By joining Emerson, you will be given the opportunity to make a difference through the work you do. Emerson's compensation and benefits programs are designed to be competitive within the industry and local labor markets . We also offer a comprehensive medical and insurance coverage to meet the needs of our employees.

We are committed to creating a global workplace that supports diversity, equity and embraces inclusion . We welcome foreign nationals to join us through our Work Authorization Sponsorship .

We attract, develop, and retain exceptional people in an inclusive environment, where all employees can reach their greatest potential . We are dedicated to the ongoing development of our employees because we know that it is critical to our success as a global company.

We have established our Remote Work Policy for eligible roles to promote Work-Life Balance through a hybrid work set up where our team members can take advantage of working both from home and at the office.

Safety is paramount to us, and we are relentless in our pursuit to provide a Safe Working Environment across our global network and facilities.

Through our benefits, development opportunities, and an inclusive and safe work environment, we aim to create an organization our people are proud to represent.

Our Commitment to Diversity, Equity & Inclusion

At Emerson, we are committed to fostering a culture where every employee is valued and respected for their unique experiences and perspectives. We believe a diverse and inclusive work environment contributes to the rich exchange of ideas and diversity of thoughts, that inspires innovation and brings the best solutions to our customers.

This philosophy is fundamental to living our company's values and our responsibility to leave the world in a better place. Learn more about our and about .

Why emerson

Our Commitment to Our People

At Emerson, we are motivated by a spirit of collaboration that helps our diverse, multicultural teams across the world drive innovation that makes the world healthier, safer, smarter, and more sustainable. And we want you to join us in our bold aspiration.

We have built an engaged community of inquisitive, dedicated people who thrive knowing they are welcomed, trusted, celebrated, and empowered to solve the world's most complex problems - for our customers, our communities, and the planet. You'll contribute to this vital work while further developing your skills through our award-winning employee development programs. We are a proud corporate citizen in every city where we operate and are committed to our people, our communities, and the world at large. We take this responsibility seriously and strive to make a positive impact through every endeavor.

At Emerson, you'll see firsthand that our people are at the center of everything we do. So, let's go. Let's think differently. Learn, collaborate, and grow. Seek opportunity. Push boundaries. Be empowered to make things better. Speed up to break through. Let's go, together.

Emerson is a global leader in automation technology and software. Through our deep domain expertise and legacy of flawless execution, Emerson helps customers in critical industries like life sciences, energy, power and renewables, chemical and advanced factory automation operate more sustainably while improving productivity, energy security and reliability.

With global operations and a comprehensive portfolio of software and technology, we are helping companies implement digital transformation to measurably improve their operations, conserve valuable resources and enhance their safety.

We offer equitable opportunities, celebrate diversity, and embrace challenges with confidence that, together, we can make an impact across a broad spectrum of countries and industries. Whether you're an established professional looking for a career change, an undergraduate student exploring possibilities, or a recent graduate with an advanced degree, you'll find your chance to make a difference with Emerson.

Join our team - let's go!

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