Stratus Unlimited Rolling Meadows , IL 60008
Posted 1 week ago
Overview
Ideal Candidate will have previous experience in the Signage Industry
Job Summary: The Strategic Pricing Manager is responsible for collecting, analyzing and evaluating data on products, costs, and markets to support development and presentation of appropriate price and bid strategy. The Strategic Pricing Manager will also monitor and optimize pricing strategy through process control and variance analysis, while collaborating with Sales, Operations, Scope Development, Estimating, and other stakeholders.
Our Exceptional Benefits Plan includes:
Supportive & Friendly Culture
Manage national accounts for Fortune 500 companies
Medical, Dental, Vision coverage options
Flexible Spending & Health Savings Accounts
Wellness Programs
Company paid Life Insurance
401k with Employer Contribution
Company paid Short/Long Term Disability
Generous Paid Time Off program + Holidays
Career Growth Opportunities and Career Mapping
Additional perks including Pet Insurance, Employee Assistance Program, Educational Assistance Program (Non-Union employees), Identity Theft Protection, Critical Illness Plans, Commuter Benefits and various employee discount offerings from our Vendors
Per diems available when traveling
Stratus is one of the nation's largest brand implementation companies. We are made up of 1,100+ employees nationwide who roll up their sleeves, dive into the details and bring our clients' brands to life! We deliver versatile solutions for some of the nation's largest and most recognized brands. From exterior signage & interior branding to site refresh & remodel, from energy & lighting to repair & maintenance solutions, we deliver ideal solutions to meet all our client's branding needs.
Responsibilities
Working together with other functions in the company, coordinates, manages, and delivers pricing within the workflow of deal desk for respective business segments in order to ensure a timely delivery of pricing proposal.
Analyzes deal desk opportunities in light of competition, customer, and relevant factors in the opportunity itself to create a pricing proposal with winning the deal profitably as the goal.
Develops and updates list price as appropriate with analyses on customer's willingness-to-pay, profitability, competition, and business segment growth as key factors to consider.
Perform pricing analysis on past deals including Quotes on new business opportunities. Develops and defines appropriate price guidelines and bid strategy for Division. Develops effective segmentation strategy and variance based analysis to define floor and ceiling price points. Establishes and manages adherence to guidelines and delegation of pricing authority. Defines and manages approval process through regular reviews of price variance charts and metrics.
Prepare analysis and other background materials such as relevant comparables to ensure effective price reviews on large opportunities with cross-functional stakeholders. Assists in new business close strategy.
Performs annual review of all quotes as part of renewal process. Modifies prices to eliminate excessive discounting.
Provides management with monthly metrics to monitor pricing performance of business segments including win/loss tracking, quote variance to guidelines, sell price trends, speed to quote, etc.
Analyze sales date, customer data, product usage data, and financial data to uncover actionable insights and build a shared fact base.
Maintains product knowledge and regularly monitors industry-pricing practices particularly for major competitors. Understands current economic conditions and financial implications for business segment(s). Understands value position of products and services against competition, competing alternatives, and internal product offering.
Qualifications
Bachelor degree (BS) in a related field required; advanced degree and/or certification is a plus.
2-3+ years of relevant pricing and/or industry experience; signage industry experience is a big plus
Strong analytical and quantitative skills
High-level attention to details and ability to prioritize multiple projects at once
Excellent PC skills: Proficiency with Microsoft Excel required. Proficiency with other systems such as ERP, CPQ, Power BI or other visual analytics tools preferred. Proficiency with SFDC a plus.
Self-motivated, action-oriented, and thrives in a fast-paced environment
Negotiation skills and commercial judgement; knowledge of sales process
Excellent verbal and written communication skills
Project management skills with sales/marketing experience
Willing and capable of facilitating change in organization
General understanding of financial and cost accounting practices
Must be able to maintain customer confidence and protect operations by keeping pricing information confidential
eeo/mfdv
Stratus Unlimited