Global Pricing Specialist

Posted:
8/28/2024, 3:50:13 AM

Location(s):
Tamil Nadu, India ⋅ Chennai, Tamil Nadu, India

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Business & Strategy

Location:

Chennai, Tamil Nadu, India

Job ID:

R0058066

Date Posted:

2024-08-28

Company Name:

HITACHI ENERGY TECHNOLOGY SERVICES PRIVATE LIMITED

Profession (Job Category):

Sales, Marketing & Product Management

Job Schedule: 

Full time

Remote:

No

Job Description:

General Information:

“The Hitachi Energy Indian Operations Center (INOPC) is a competence center with around 2600+ skilled engineers who focus on tendering, engineering, planning, procurement, project Management, functional system testing, installation supervision, documentation and commissioning.”

Missing Statement:

Commercial/Pricing Strategy & Planning work focuses on developing commercial/pricing strategies for a portfolio of current and future products across targeted customer/market segments including Researching the market to understand competitive landscape. Identifying target market position by geography, market segment, customer group, etc. Developing commercial/pricing strategy (e.g., low price or high quality) to achieve targeted market position(s) A Senior Professional (P3) applies advanced knowledge of job area typically obtained through advanced education and work experience. Responsibilities may include Managing projects / processes, working independently with limited supervision. Coaching and reviewing the work of lower-level professionals. Problems faced are difficult and sometimes complex.

Your Responsibilities:

  • Assess data from different sources to gain insights into pricing strategies and market trends. Analyze competitor pricing and market trends to increase market share and profitability 

  • Understand the product & market segmentation of portfolio 

  • Assist development and maintain dashboards to continuously monitor pricing and margin KPIs 

  • Track and analyze customer engagement to develop effective pricing strategies for products and offerings 

  • Collaborate with sales and GPMMs to develop and implement competitive pricing strategies 

  • Provide price recommendations and price guideline that align closely with market trends and identify new market segments 

  • Develop dynamic pricing tools to effectively respond to changing market needs and trends 

  • Prepare and communicate pricing analysis findings effectively to relevant stakeholders (e.g. hubs) 

  • Specify, realize and implements pricing processes to support professional pricing at all management levels 

  • Address issues and concerns raised by team members relating to pricing suggestions 

  • Hands on experience in connecting business software's; Power BI, SAP, ERP is advantage.

  • Strong analytical and research skills 

  • Extensive experience in analyzing pricing strategies and forecasting revenue and market share. 

  • Experience in collaborating on pricing strategies with sales and marketing departments. 

  • Ability to keep track of industry trends and develop dynamic pricing tools. 

  • Advanced ability to present pricing analysis reports to relevant stakeholders. 

  • Excellent analytical and communication skills. 

  • Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business

Your Background:

  • Strong experience in pricing analysis of industrial products preferably electrical power system products.

  • Experience in pricing management techniques and tools

  • Strong interpersonal leadership skills

  • Profound know-how of SAP (FI/CO/PS) and MS Office, especially MS Excel and Power BI.

  • Min 5 years of experience in the field

Hitachi America Ltd

Website: https://hitachi.com/

Headquarter Location: Santa Clara, California, United States

Employee Count: 10001+

Year Founded: 1959

IPO Status: Private

Industries: Consulting ⋅ Industrial Engineering ⋅ Information Technology ⋅ Machinery Manufacturing ⋅ Manufacturing ⋅ Mining Technology