Posted in Finance 30+ days ago.
This job brought to you by eQuest
Location: Redmond, Washington
Posted Date 1 month ago (3/7/2018 11:33 AM)
Job ID 2017-36161 # Positions 1 Category Parts and Services Posting Location Redmond - WA - USA
Responsibilities and Scope:
Manage and work with pricing analysts to develop and implement analytical key performance indicators and recommendations to drive business results. 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. To 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.
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
Participate in developing executive level presentations related to overall pricing strategy, execution of pricing optimization project, and pricing program effectiveness
Collaborate with sales, finance, the commercial team, and pricing analysts 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. Creating appropriate training and support materials for end users, developing business rules & monitoring their effectiveness as well as maintenance of the solution tools.
Execute and ensure those with pricing responsibility have a clear understanding of the driving forces of profitability, pricing strategy and competitive pricing positions
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