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Pricing Trainee

Expired Job

Parker-Hannifin, Corporation Cleveland , OH 44114

Posted 3 months ago


With annual sales of $12 billion in fiscal year 2017, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company has operations in 50 countries around the world. Parker has increased its annual dividends paid to shareholders for 61 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.

Parker's engineering expertise and broad range of core technologies uniquely positions the company to solve some of the world's greatest engineering challenges. By partnering with customers, Parker improves their productivity and profitability and seeks new ways to solve humanity's biggest challenges.


Participate in the Corporate Pricing two (2) year Leadership Development Rotational Program (LDR) to develop for future positions in Pricing and improvement at Parker plants/divisions.

Assist Strategic Pricing Manager for a division. Responsible for proactively analyzing and making recommendations considering customer value-based marketing, competitive markets, and company costs affecting the business plans and profitability across the division. Will collect, analyze and evaluate data supporting divisions' price to resistance strategy.

  • Responsible for design and implementation of continuous improvement techniques and methods to internal processes and systems to eliminate waste and improve process. - Works with IT staff in design and implementation of systems and reporting improvements for measuring and monitoring pricing effectiveness and efficiency.

  • Assists in analyzing division product markets determining the ceiling and floor prices of products. Evaluates cause and effect with pricing, volume, cost, competition, distribution and segmentation. Recommends appropriate levels.

  • Monitors and keeps divisions focused on corporate strategic pricing initiatives. Responsible for creating and reinforcing continuous feedback vehicles to encourage successful pricing models. Responsible for implementation of tools to be used by product managers and field sales.

  • Assists divisions in determining appropriate list prices, standard discounts and rebates and managing any restructuring, updating, communication and publication of price increases.

  • Analyzing the exception pricing process by recommending guidelines, authority levels and maintaining a disciplined and structured approach to exception pricing.

  • Provides management with reports which allows management to effectively respond to changing economic conditions and market changes. Performs ongoing measurements and reporting on pricing effectiveness.


Undergraduate Degree or senior standing and currently enrolled in an applicable Business program with a graduation date before June 2019. Master's Degree preferred.

  • BS in Business, Engineering, Marketing, or related filed with six years or more experience preferred.

  • MBA preferred

  • Strong analytical and quantitative skills. Excellent PC skills with proficiency with Microsoft Excel and Access.

  • Excellent written, verbal and presentation skills.

  • Project management skills with sales/marketing experience a plus.

  • General understanding of manufacturing processes, practices and cost accounting.

  • Must be able to maintain customer confidence and protect operations by keeping pricing information confidential.

Equal Employment Opportunity

Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. U.S. Citizenship/Permanent Resident is required for most positions.

("Minority/Female/Disability/Veteran/VEVRAA Federal Contractor")

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to


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Pricing Trainee

Expired Job

Parker-Hannifin, Corporation