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We are seeking a dynamic and experienced Manager of Strategic Price Setting to join our team at NAPA Auto Parts. The ideal candidate will have a strong background in pricing strategy, with specific experience in B2B environments, ideally within the automotive aftermarket or similar distribution sector. However, B2C experience is also applicable. Drawing from your expertise, you will play a pivotal role in optimizing our pricing structure to drive category profitability and competitive advantage across our multi-channel distribution network.
Job Responsibility:
Price Strategy Development: Collaborate with cross-functional teams to develop pricing strategies tailored to our B2B customers, ensuring alignment with business objectives and market dynamics. Stay current with industry trends and emerging/declining technologies. Provide these strategic recommendations to executive leadership based on data-driven insights and market-based intelligence
Pricing Analysis: Conduct comprehensive market analysis to identify pricing trends, competitor strategies, and opportunities for differentiation within the B2B landscape. Utilize pricing analytics and tools such as Tableau, PowerBI, or Qlik to optimize pricing across our product portfolio, maximizing revenue and margin potential
Price Implementation: Oversee the execution of pricing changes, ensuring accuracy and timely implementation to meet the needs of our business customers
Performance Monitoring: Continuously monitor and evaluate pricing performance metrics using BI tools and impact tracking dashboards oriented around KPIs, making data-driven recommendations for adjustments to enhance profitability
Cross-Functional Collaboration: Cultivate relationships with category management, procurement, supply chain, IT, sales, and field teams to ensure alignment and execution of pricing strategies across all channels
Price Management Software Experience: Experience with price management software such as PROS, Vendavo, or PriceFX. This will extend to influencing the design and implementation of advanced pricing models and methodologies in pricing software
Requirements:
Bachelor's degree in Business, Economics, Finance, or related field
MBA preferred
Minimum of 3 years of experience in pricing management, preferably within the automotive aftermarket or similar B2B distribution industry
Proven track record of developing and implementing successful pricing strategies in B2B settings
Exceptional analytical and strategic thinking abilities, with the capacity to translate data into actionable insights. Demonstratable proficiency in BI tools such as Tableau, PowerBI, or Qlik, as well as Excel
Detail-oriented mindset with a strong focus on accuracy and precision
Experience with price management software such as PROS, Vendavo, or PriceFX
Excellent communication and presentation skills, with the ability to effectively influence stakeholders at all levels
Self-motivated, proactive, and adaptable to evolving business needs and market conditions
What we offer:
Dynamic and inclusive work environment
Work alongside talented professionals
Access cutting-edge tools and technologies
Chance to shape the future of pricing strategies within a well-established organization