PRODUCT PRICING ANALYST III (Hybrid)

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.

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Job Overview

At TE Connectivity, you’ll help bring our purpose to life by creating a safer, sustainable, productive, connected future. The Product Pricing Analyst applies deep knowledge of a specific discipline and a broad understanding of Pricing Analysis to resolve significant, unique, and complex issues by evaluating various factors. They provide measurable input to the objectives and goals of the department in support of functional and business unit strategies. Develops, evaluates, and implements pricing strategies and models based on cost overhead and current business and market dynamics—projects impact of pricing changes.

  Job Responsibilities:

• Make recommendations regarding business unit price structures and tactics for existing & new products and verify that pricing decisions support overall business unit objectives. Including the establishment of annual product line pricing objectives and leveraging segmentation and value-based models to establish product line pricing strategies

• Coordinate developing and preparing global price & margin guidelines for existing and new product lines. Including the evaluation and use of overall published book pricing, OEM volume break pricing, distributor volume break pricing, and the creation of pricing bands and envelopes to be used in transactional decision-making (Channel & Agreements)

• Assess special pricing requests or requests for quotes profitability and commercial effects of Channel transactional pricing decisions across Appliances.

• Work closely with Product Management to provide analytical support and analysis in making recommendations for price adjustments & changes, product life cycle adjustments, product segmentation, and cost inflation using pricing software analytics

• Review low-margin products and identify price and margin opportunities to improve the profitability of customer and global product lines. Perform margin and pricing analysis to support critical business unit initiatives as required.

• A deep understanding of market insights, competitive benchmarking, reference valuation, and cost to implement pricing tactics and strategies to maximize Business Unit revenue opportunities.

• Recommend and implement bi-annual book price adjustments and run optimization/modeling scenarios when recommending published book pricing. Review discount and column structure for utilization and validation.

• Provide pricing guidance and support to the Agreement/Operation Pricing Team for assigned global product lines.

• Work with the Operation pricing and agreement pricing team and drive a shared responsibility for pricing and commercial excellence in the business unit.

• Develop reports and drive actions to find pricing optimization opportunities.

• Proactively apply continuous improvement principles to improve financial and other associated processes continuously.

• Continuous review of standard costs and work with plant finance and engineering to correct any inaccuracies

What your background should look like:

• Bachelor’s degree in business, Marketing, Finance, or Economics

• Pricing experience preferable

• 5+ years of pricing, product management, or finance.

• Self-motivated, able to proactively drive business improvements, and willing to adopt new pricing tools and initiate and accept changes.

• Able to work with global cross-functional team efforts focused on process implementation & execution.

• Strong PC abilities: expert Microsoft Office and a working knowledge of database and spreadsheet applications are required.

• Experience with SAP and Advanced Pricing Software is also a plus.

• Drive results primarily through influencing and collaborating with colleagues and peers

• Able to present the work in a point presentation

• Experience operating and influencing at a planned level and collaborating with internal and external key stakeholders (engineering, product management, finance, and customer service)

• Knowledge of continuous Improvement Tools is a plus.

• Ability to work independently and meet deadlines.

Key Performance Measurements:

• Reduction of Price and Margin Variability across assigned Product Lines

• Reduction of Price and Margin Leakage for assigned Product Lines

• Published Book Price Utilization

• Achievement of Revenue & Margin targets as a function of price actions and strategies

• Year over Year Price Realization or Margin $ Improvement from price actions and strategies.

• Improve particular price request response time and reduce responsiveness variation.

• Improve special price request win rate and performance rate.

• Maintain response times within goals across different types of pricing requests.

Competencies

Values: Integrity, Accountability, Inclusion, Innovation, Teamwork

COMPENSATION

• Competitive base salary commensurate with experience: $82,900 - $124,300 (subject to change dependent on physical location)

• Posted salary ranges are made in good faith. TE Connectivity reserves the right to adjust ranges depending on the experience/qualification of the selected candidate as well as internal and external equity.

• Total Compensation = Base Salary + Incentive(s) + Benefits

BENEFITS

• A comprehensive benefits package including health insurance, 401(k), disability, life insurance, employee stock purchase plan, paid time off and voluntary benefits.

EOE, Including Disability/Vets

Location:

MIDDLETOWN, PA, US, 17057

City: MIDDLETOWN

State: PA

Country/Region: US

Travel: Less than 10%

Requisition ID: 127810

Alternative Locations:

Function: Sales & Marketing

TE Connectivity and its subsidiaries, affiliates, and operating units (collectively, the "Company") is committed to providing a work environment that prohibits discrimination on the basis of age, color, disability, ethnicity, marital status, national origin, race, religion, gender, gender identity, sexual orientation, protected veteran status, disability or any other characteristics protected by applicable law or regulation.