Pricing Manager
8 months ago
Employment Information
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Manage and execute pricing strategy for area, including recommending and adjusting Sales Representative Cost (SRC) and Price to Customers (PTC) for area and implementing center-recommended policies.
Manage weekly commodity and KVI process for the area by analyzing pricing for commodity items and KVIs and leading weekly meetings to adjust pricing.
Establish weekly promotional pricing for area.
Review and manage price deviations and exceptions for Territory Managers (TMs) aligned to the area hub. This includes evaluating requests for commission-based adjustments (CBAs), self-funded deviations, and price approvals. Strategic Pricing Manager also responsible for setting area-wide Deviation-on-Demand policies.
Answer pricing queries escalated from Sales and other USF employees in the area hub, as required.
Design and execute TM training for local category / segment pricing tactics, as well as training on how to grow margins; provide feedback to Center and Region on training and initiate additional training requests as necessary.
Analyze and develop pricing recommendations to support bids for local customers and conduct special pricing reviews for new customer acquisition for the area hub. Provide guidance to Area Pricing Analyst on bid pricing and special pricing reviews for non-hub distribution center(s).
Monitor and identify opportunities by analyzing and reporting on margin and market pricing. Work closely with District Sales Managers (DSMs) on auditing ongoing local self-funded deviations.
Utilize Merlin to identify product and category opportunities for pricing strategies. Complete ad-hoc pricing analysis as required by the Area President or Region Pricing Manager.
Manage and upload exceptions for vendor price list from local/regional suppliers.
Manage, coach, and oversee the Area Pricing Analyst.
SUPERVISION
Pricing Analyst
RELATIONSHIPS
Internal: Region Pricing Manager; Pricing Analyst; Area President; AVP of Merchandising and Marketing and area sales team (VP Sales, Sales Manager, DSMs, CSC, and TMs)
External: Customers, vendors
TRAVEL
Less than 25% - expectation is to visit each DC in area once per month for at least one day with potential overnight stays. Other travel as needed.
QUALIFICATIONS
Education/Training: High School Diploma or equivalent required. Bachelor's Degree preferred.
Related Experience: Minimum of 8 years pricing experience required. Experience within foodservice or food manufacturing companies highly desired. Strong quantitative and analytical skills required. Supervisory experience preferred.
Knowledge/Skills/Abilities:
Manage and execute pricing strategy for area, including recommending and adjusting Sales Representative Cost (SRC) and Price to Customers (PTC) for area and implementing center-recommended policies.
Manage weekly commodity and KVI process for the area by analyzing pricing for commodity items and KVIs and leading weekly meetings to adjust pricing.
Establish weekly promotional pricing for area.
Review and manage price deviations and exceptions for Territory Managers (TMs) aligned to the area hub. This includes evaluating requests for commission-based adjustments (CBAs), self-funded deviations, and price approvals. Strategic Pricing Manager also responsible for setting area-wide Deviation-on-Demand policies.
Answer pricing queries escalated from Sales and other USF employees in the area hub, as required.
Design and execute TM training for local category / segment pricing tactics, as well as training on how to grow margins; provide feedback to Center and Region on training and initiate additional training requests as necessary.
Analyze and develop pricing recommendations to support bids for local customers and conduct special pricing reviews for new customer acquisition for the area hub. Provide guidance to Area Pricing Analyst on bid pricing and special pricing reviews for non-hub distribution center(s).
Monitor and identify opportunities by analyzing and reporting on margin and market pricing. Work closely with District Sales Managers (DSMs) on auditing ongoing local self-funded deviations.
Utilize Merlin to identify product and category opportunities for pricing strategies. Complete ad-hoc pricing analysis as required by the Area President or Region Pricing Manager.
Manage and upload exceptions for vendor price list from local/regional suppliers.
Manage, coach, and oversee the Area Pricing Analyst.
SUPERVISION
Pricing Analyst
RELATIONSHIPS
Internal: Region Pricing Manager; Pricing Analyst; Area President; AVP of Merchandising and Marketing and area sales team (VP Sales, Sales Manager, DSMs, CSC, and TMs)
External: Customers, vendors
TRAVEL
Less than 25% - expectation is to visit each DC in area once per month for at least one day with potential overnight stays. Other travel as needed.
QUALIFICATIONS
Education/Training: High School Diploma or equivalent required. Bachelor's Degree preferred.
Related Experience: Minimum of 8 years pricing experience required. Experience within foodservice or food manufacturing companies highly desired. Strong quantitative and analytical skills required. Supervisory experience preferred.
Knowledge/Skills/Abilities:
- Ability to work across functions and influence senior stakeholders; demonstrated strategic thinking.
- Proven experience working with and supporting sales teams; strong business acumen and interpersonal skills a must.
- Proficiency required in Microsoft Office, especially Microsoft Word, Excel, and PowerPoint, as well as Microsoft Outlook.
- Able to access information within established pricing databases and/or analyze available data. Knowledge of the PRIME pricing system highly desired.
Share this
