Cummins Inc. Senior Pricing Analyst in Indianapolis, Indiana
Senior Pricing Analyst
Cummins is a place big enough to coach and develop a global workforce and create the world’s leading clean, engine technology. We’re also small enough for you to find your fit and personal passion with a team of dependable, innovative thinkers who are developing their careers within a diverse, inclusive, empowering environment.
Learn more about this role and how you can begin Working Right .
Cummins delivers reliable, durable, high performing products to our global partners. Working in an innovative space, you’ll develop high tech solutions that will fuel your advanced career skill set and empower you to own your career. Our integrated businesses demand the talents and creativity of individuals with a wide range of skills and experience.
This is an exciting opportunity in Indianapolis, IN for a Sr. Pricing Analyst.
Your impact will happen in these and other ways:
Producesand secures the distribution of pricing information (electronic media andcatalogs), and maintains a library of analytical programs. Implements pricingchanges throughout the company and the customer base.
Maintainsaccurate pricing data in order management and rebates systems including accountsetup and data verification; tracks and monitors win/loss data such as requestsfor quotes.
Makespricing recommendations on new product pricing and price changes; implementsand reviews price adjustments; executes pricing strategy at a new product ormarket segment level.
Leads,manages, or participates in pricing improvement projects; develops outcome andpricing improvements.
Createsreports and analysis; presents results and conclusions to managers.
Providesdirect and prompt assistance to customers regarding complex pricing issuesthrough various media (phone, email, fax, letter).
Maintainsconfidential information and manages the use of this information appropriately.
Contributesto continuous improvement teams and implements new processes and programs.
Coachesand mentors less experienced Pricing Analysts.
Skills and Experience Required:
Market Analysis - Familiar with thecompetitors in the market. Aware of regulatory, political, and otherenvironmental pressures currently at work in the market(s) of interest.
Product Knowledge - Knowledge ofproducts and product lines. Able to represent the features and benefits of theproducts in terms a customer will understand. Knowledge of how the productfunctions and the source of the product, whether manufactured or purchased as afinished assembly from a supplier outside of the company, or remanufactured.Knowledge of technology used in complementary and/or competing product linesand the inherent benefits/exposures.
Market Positioning - Understandsproduct and market positioning tools and can apply them.
Pricing Strategy - Able to implementintegrated pricing strategies across a common set of customers or markets. Ableto implement integrated Value Based pricing strategies across a common set ofcustomers. Understands and has familiarity with the following tools, techniquesand processes: Price Setting, Pricing Policy Creation, Price and ValueCommunication, Price Structure creation and management, Value Creation(economic value estimation), Price Elasticity of Demand Analysis, PriceSegmentation, Competitive Intelligence Analysis, Price Waterfall Management,Product Life Cycle pricing and Cummins LTA Process.
Analytical - Fully proficient. Able toidentify and interpret patterns in data to predict future opportunities.Understand NPV analysis.
Required Education, Licenses or Certifications
Bachelor’s degree in BusinessAdministration, Finance or related disciple required.
Minimum five (5) years of relevantpricing experience is required.
Must be able to communicate effectivelywith Sr. Leadership and Business Partners.
Experience in B2B Pricing Analysisis highly preferred
Compensation and Benefits
Base Salary commensurate with experience. Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage and a full complement of personal and professional benefits.
Cummins and E-verify
At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates right to work using E-Verify. Cummins will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization.
Ready to think beyond your desk? Apply for this opportunity to start your career with Cummins today. careers.cummins.com
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Primary Location United States-Indiana-Indianapolis-US, IN, Indianapolis, Cummins Crosspoint Corporate
Job Type Experienced - Professional / Office
Recruitment Job Type Professional - Experienced
Job Posting Jun 2, 2017, 6:55:48 PM
Unposting Date Ongoing
Req ID: 170002K5