Job Overview
Pricing Strategy Support
- Support the Pricing Manager in the development and implementation of pricing strategies.
- Analyze pricing models and assist in ensuring they align with company financial targets, market positioning, and customer demands.
- Provide insights and recommendations for pricing adjustments based on data analysis, market trends, and client feedback.
- Participate in the creation of pricing guidelines and frameworks for specific services and products offered.
Market Research & Competitive Benchmarking
- Utilize market data and analytics to identify emerging pricing trends and opportunities to enhance profitability.
- Assist in monitoring and assessing changes in the competitive landscape, regulatory environment, and market dynamics that could impact pricing strategies.
Cost Analysis & Profitability Tracking
- Work closely with operations and finance teams to analyze cost structures across services, ensuring that pricing is competitive while meeting profitability targets.
- Develop and refine pricing models to ensure that pricing is optimized for cost efficiency, market competitiveness, and profitability.
Client-Specific Pricing Support
- Assist in developing customized pricing solutions for key clients, focusing on the specific needs of their clinical trials, logistics requirements, and volume expectations.
- Collaborate with the sales and account management teams to develop and present tailored pricing proposals for complex or high-value client projects.
- Act as a liaison between clients and internal teams to understand client-specific pricing requirements and propose suitable solutions.
Process Improvement & Tools Enhancement
- Contribute to the continuous improvement of pricing processes, including data collection, analysis, and reporting procedures, ensuring greater efficiency and accuracy.
- Suggest new methodologies and solutions to increase pricing accuracy and reduce manual intervention in pricing operations.
Client Engagement & Relationship Support
- Help facilitate discussions with clients to gather information about unique pricing needs for complex logistics solutions within clinical trials.
- Provide support for resolving pricing-related issues.
- Engage with key clients and stakeholders to address any concerns or questions regarding pricing and assist in negotiating adjustments for specific service offerings.
Education
- Bachelor’s degree in business administration, Finance, Logistics, Supply Chain Management, or a related field.
- A master’s degree in business administration (MBA), Finance, or a related discipline is a plus.
Experience
- A minimum of 2-3 years of experience in pricing management, financial analysis, or strategic planning, preferably within logistics, pharmaceutical, or clinical trials sectors.
- Experience in clinical trials logistics or pharmaceutical logistics is highly desirable.
Skills
- Strong data analysis and skills to work with large datasets, identifying trends, cost factors, and pricing opportunities.
- Expertise in developing pricing models and evaluating profitability.
- Experience with margin analysis and optimization, ensuring pricing is in line with cost structures and profitability targets.
- Analytical mindset to approach pricing problems creatively, balancing profitability with client needs.
- Ability to adapt to changes in market conditions or client demands and adjust pricing strategies accordingly.
Performance Bonus: 10%