The Pricing Coordinator develops and implements pricing strategies by analyzing market trends, competitor prices, and internal costs. The goal is to optimize pricing for profitability and sales. This role works closely with sales, marketing, and finance to ensure alignment with business objectives.
Key Responsibilities
1. Price Optimization:
Determining the most effective prices for products or services to achieve sales targets
and profit margins.
2. Market Analysis:
Studying market trends, competitor pricing, and customer behavior to inform pricing
decisions.
3. Cost Analysis:
Evaluating production costs, material expenses, and other factors to understand the
financial implications of pricing strategies.
4. Pricing Strategy Development:
Creating and implementing pricing strategies that align with overall business goals and
market conditions.
5. Customer Relationship Management:
Managing customer pricing agreements, rebates, and other pricing-related activities
with agent and stakeholders.
6. Reporting and Analysis:
Generating reports on pricing performance, analyzing data, and recommending
adjustments to pricing strategies.
7. Cross-Functional Collaboration:
Working with sales, Operations, and finance teams to ensure alignment of service on
pricing strategies and achieve business objectives.
8. Following Procedures:
Adhering to company policies, procedures and profitability target related to sales,
shipping operation.
Skills and Qualifications:'