Pricing Analyst - Industrial at Copeland in Cudahy, WI

Pricing Analyst - Industrial

Location: Cudahy, WI, USA · Hybrid

Job Description:

Based in our Cudahy, WI location, the Pricing Specialist will lead all aspects of and run the pricing strategy and execution for the Industrial business unit. You will be responsible for setting and optimizing product and service prices to improve revenue and profitability. You will work closely with cross-functional teams, such as marketing, sales, finance, and product management, to gather relevant data and insights to inform pricing decisions.

AS A PRICING ANALYST, YOU WILL:

• Pricing Strategy Development - analyze market dynamics, competitive landscape, customer behavior, and internal cost structures to develop pricing strategies aligned with the company's objectives. Consider factors such as product positioning, value proposition, and pricing elasticity to decide the optimal pricing approach.

• Pricing Analysis and Research - conduct comprehensive pricing analysis to evaluate pricing effectiveness, identify pricing opportunities, and monitor market trends. Analyze pricing data, conduct competitive benchmarking, and conduct market research to gain insights into customer preferences and willingness to pay.

• Pricing Implementation and Execution - collaborate with relevant teams to implement pricing changes and ensure consistency across products, services, and markets. Develop pricing models, guidelines, and tools that facilitate accurate and consistent pricing execution.

• Pricing Optimization - continuously monitor and optimize pricing performance. Use pricing analytics and performance measurements to assess the impact of pricing decisions, identify areas for improvement, and recommend pricing adjustments to enhance profitability and market share.

• Cross-Functional Collaboration - work with various departments to gather inputs, align pricing strategies with business goals, and ensure effective execution. Work with the sales and product management teams to understand customer needs, and strategize pricing structures that support sales growth.

• Pricing Governance and Compliance - maintain documentation of pricing decisions, contracts, and agreements, and provide guidance to ensure adherence to pricing guidelines and ethical practices.

• Pricing Communication and Training - communicate pricing strategies, changes, and rationale to internal partners, including executives, sales teams, and customer support. Provide pricing training and support to sales teams to ensure their understanding and effective implementation of pricing initiatives.

REQUIRED EDUCATION, EXPERIENCE, & SKILLS:

• Bachelor's degree in marketing, finance, economics, statistics or engineering with a minimum of 4 years of finance or pricing experience.

• Price Analytics, reporting & data analysis, and database management experience

• Excellent written and oral communication skills to communicate with key internal customers – product management, sales, & executive team

• Ability to maintain keen attention to detail, multitask and work well with tight or opposing timelines

• Natural tendency to be curious, positive and creative

• Teammate who collaborates well with others

PREFERRED EDUCATION, EXPERIENCE, & SKILLS:

• Masters of Business Administration

• Experience working in the industrial compression solutions industry

• Experience working with Oracle ERP

• Experience working with Sigma business intelligence tools

Collaboration First Hybrid Work Arrangements:

This role is hybrid eligible with the requirement to be in office at least three days per week. Colleagues are expected to demonstrate a collaboration first mindset, which is the understanding that teams will work together in-person and colleagues should be flexible to adjust their hybrid days based on business needs. You will have an opportunity to work with your team and leader to determine when you should be in office to drive meaningful connections and to best serve our customers.

Why Work in the Greater Milwaukee Area

Cudahy is a quaint community located in Milwaukee County, where clean neighborhoods mingle with acres of parkland, major transportation access, and big-city attractions all within an arm's reach, with a small-town feel. Cudahy has six county parks and 823 acres of parkland, seasonal farmers markets in front of City Hall, and miles of beautiful Lake Michigan shoreline. With lots of community involvement, the city has many family-friendly events throughout the year.

The area is home to several major league sports teams, including the Milwaukee Bucks and Milwaukee Brewers, with Lambeau Field, home of the Green Bay Packers, just 2 hours away!

Traveling in and out of the area is also a breeze! General Mitchell International Airport is just minutes away, with Chicago O’Hare International Airport just a little over an hour away.

About Our Location

The 150-year history of the Vilter brand tells a rich story of perseverance and drive to cultivate continuous innovation within the industrial refrigeration and gas compression industries. We offer the latest products and solutions for industrial refrigerators and oil and gas compression. Approximately 300 employees work in Cudahy, who all support a multitude of business functions. With the blend of businesses and functions represented under this one roof, there are many opportunities for advancement within the Cudahy location.

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