Terex Corporation Pricing Analyst/Sr. Pricing Analyst in Redmond, Washington
This position is responsible for recommending pricing strategies, price management systems, and developing rules and standards to deliver on financial goals. Conducts market research and oversees the maintenance of historical pricing data. Develops and implements analytical key performance indicators and recommendations to drive business results. Build, deploy, maintain and document knowledge-based decision-making tools which integrate advances in operations research, mathematics, statistics, economics decision analysis to systematically analyze, model, solve, and/or visualize problems in the areas of pricing related activities. Ensures analytics are utilized when making pricing decisions to improve profitability while preserving the customer experience.
Essential Duties and Responsibilities
Provide expertise in mathematical modeling, statistics, or other quantitative techniques that translate complex data into actions to help drive strategic direction of company pricing and promotional discounting by designing new pricing programs and monitoring their effectiveness with the goal of continuous improvement in price realization.
Provide input into budgeting and forecasting process, including assisting in developing specific revenue management initiatives
Assess competitor price positions and price strategy, draws similarities and differences with company strategy and makes recommendations as needed
May assist in developing executive level presentations related to overall pricing strategy, execution of pricing optimization project, and pricing program effectiveness
Collaborate with sales, finance and the commercial team as needed in designing customer pricing models to maximize revenue effectiveness
Work with IS team and software provider to determine additional data needed and data cleanups needed to aid in future revenue optimization analysis and implement solutions
Work with cross functional teams to support the implementation and execution of proposed processes. This will include creating appropriate training and support materials for end users, developing business rules & monitoring their effectiveness as well as maintenance of the solution tools.
Ensure those with pricing responsibility have a clear understanding of the driving forces of profitability, pricing strategy and competitive pricing positions
2-4 years experience managing a Business to Business Price Optimization software solution
Master’s Degree is preferred
Self-starter with strong analytical, critical thinking and problem solving skills; able to work independently as well as in fast-paced, cross-functional teams. Must have good time and project management skills and attention to detail.
Demonstrated high respect for people as individuals and as members of the company team.
Advanced level MS Excel with strong mathematical and analytic skills.
Good programming and data management skills (VBA, databases, SQL).
Familiar with optimization and statistical analysis software applications (e.g., SAS, R, Tableau or other similar software).
Solid understanding of lean manufacturing principles is required.
Problem solving skills: 5 Why or equivalent Problem Solving training and ability to identify the problem, root cause and implement an effective countermeasure.
Strong writing skills for preparing business reports and excellent communication skills to effectively give presentations as well as to interact with other team members. Ability to explain complex topics and/or analysis conclusions in business terms.
Job ID 2018-37035
# Positions 1
Category Parts and Services
Posting Location Redmond - WA - USA