Advanced Pricing Specialist Job at Morgan Advanced Materials
Overview:
The Thermal Ceramics division designs, manufactures and installs a broad range of thermal insulation products that significantly reduce energy consumption and emissions in a variety of high temperature processing applications. Our product offering is extensive and covers application needs from Industrial to Commercial markets.
Group Key Figures: Revenue £950m (2021), ~7,500 employees, manufacturing in 30+ countries, and customers in 100+ countries. A UK PLC with head office located in Windsor, Berkshire UK. Listed on London Stock Exchange; Member of the FTSE 250 Index.
We are a leading global manufacturer and distributor of a large portfolio of intelligently engineered thermal and fire protection insulation solutions, and we are currently seeking a Pricing Analyst to provide support and expertise to Sales, Business Development, marketing, finance, and operations. This position is responsible for accumulating and analysing statistical data for strategy meetings within Sales & Marketing. In addition, this role is responsible for administering the pricing strategy on Thermal Ceramics products set by the Sales & Marketing group. Will assist the Pricing Manager in working with MIS on functions that interface within and cross-functionally with other departments.Responsibilities:
Qualifications:
Morgan Advanced Materials is an EEO/AA/M/W/D/V Employer Ind-1
Morgan Advanced Materials is a world leader in advanced materials science and engineering of ceramics, carbon and composites. We operate in a series of well-defined markets where our applications expertise offers our customers a valuable differentiator, engineering high-specification materials, components and sub-assembly parts that solve their challenging technical problems.
The Thermal Ceramics division designs, manufactures and installs a broad range of thermal insulation products that significantly reduce energy consumption and emissions in a variety of high temperature processing applications. Our product offering is extensive and covers application needs from Industrial to Commercial markets.
Group Key Figures: Revenue £950m (2021), ~7,500 employees, manufacturing in 30+ countries, and customers in 100+ countries. A UK PLC with head office located in Windsor, Berkshire UK. Listed on London Stock Exchange; Member of the FTSE 250 Index.
We are a leading global manufacturer and distributor of a large portfolio of intelligently engineered thermal and fire protection insulation solutions, and we are currently seeking a Pricing Analyst to provide support and expertise to Sales, Business Development, marketing, finance, and operations. This position is responsible for accumulating and analysing statistical data for strategy meetings within Sales & Marketing. In addition, this role is responsible for administering the pricing strategy on Thermal Ceramics products set by the Sales & Marketing group. Will assist the Pricing Manager in working with MIS on functions that interface within and cross-functionally with other departments.
- Lead Advance Pricing Module (APM) strategy, work with product managers to establish minimum margin requirements and bring outliers into range.
- Support Pricing Manager on development of APM SOP’s
- Develop and support APM maintenance utilizing DQ metrics and SOP’s (tiers, channels, discounts, et al)
- Administer pricing schedules and adjustments in APM to meet the long-term pricing strategy
- Adhere to price increase process, scope and plan implementation of price increase updates into the APM, execute the updates using UAT.
- Influence teams supporting price increase implementation and lead meetings supporting a successful delivery of scope.
- Pull select data for Pricing Analytics analysis at the request of the Pricing Manager, including unit price change checks and provide rational to support.
- At direction of management, accumulate and analyse data for strategy meetings within Marketing such as won/lost data, geographical, industry and product pricing, competitors pricing on specific quotes, and profitability on jobs won.
- Develop in conjunction with Finance team a Low Margin report to be discussed monthly with commercial team leadership.
- Under supervision of Manager: price, process, and answer questions for prices of standard and non-standard shapes.
- Read and interpret blueprints, calculate volumes, consult with manufacturing unit to determine feasibility of manufacture, secure cost information and apply prices to quotations and orders for custom-made products.
- Keep informed of Thermal Ceramics products, manufacturing capabilities, inventory levels, plant capacity, pricing strategy, profit margins, market conditions of different industries, competitive situations, and anti-trust laws.
- Responsible for maintaining pricing guidelines and making decisions or recommendations to Pricing Manager and other marketing and sales managers on special pricing to meet competitive situations.
- Assist Pricing Manager on system design aspect of Pricing & Marketing Services functions that interface within and/or with other departments.
- Establish files for special pricing and correspondence of customers and sales information.
- Direct contact with customers, vendors, sales personnel and middle to upper management within the organization.
- Participate as SME for business unit cost analysis.
Qualifications:
- Bachelors or master’s degree in engineering, marketing, business administration, IT or Finance
- 2+ years of experience in marketing, sales, IT or Finance within an industrial environment
- Knowledge of one or more; advanced MS Excel, SQL, R, Power Shell, Python, VB
- Power User experience in JDE E1, SAP, MS Dynamics 365 is helpful
- Capable of strategizing, communicating, and implementing effective pricing platforms using large amounts of data
- Communicates logical solutions to complex, data driven business requirements.
- Ability to clearly present ideas and progress reports in written and verbal format
- Ability to work with subordinates, peers and superiors in all departments and outside the company
Morgan Advanced Materials is an EEO/AA/M/W/D/V Employer Ind-1
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