DUTIES:
Identify, validate, and quantify new pricing improvement opportunities across the entire product and service portfolio. Maintain a pipeline of near-, mid-, and long-term opportunities. Track and manage the progress toward substantiating the improvement opportunities in the pipeline.
Use advanced data modelling tools to develop and drive data-driven pricing guidelines/tools for business units.
Provide analytical and technical support for pricing initiatives that includes setting list prices, determining customer specific discounts, setting prices for new products, supporting quarterly and annual customer pricing contracts and develop models for price forecasting.
Responsible for price monitoring and reporting to internal stakeholders which may include Business Analytics, Sales, Marketing, Finance, Commercial and Product Management teams.
Develop procedures and processes to standardize pricing practices in all regions across the organization, including North America, Europe, Asia Pacific, China, Japan and India.
Prepare executive-level reports illustrating findings and opportunities to increase price attainment in the businesses.
Partner with different business divisions to provide subject matter expertise in areas of Sales, Pricing and Finance in order to develop growth strategies.
Conduct market research to determine positioning and strategies to optimize price and value for new products.
Work closely with marketing, product management and finance teams to determine optimal launch price.
Train and mentor commercial teams on strategies, tactics and approach for price attainment in their selling activities.
Perform ad hoc data analysis for business units around customer, products and vendors dynamic.
Identify, validate, and execute opportunities for sales performance improvements.
Support the development and refinement of tools, policies, and procedures that enhance existing performance.
REQUIREMENTS:
Bachelors degree in Management, Economics, Business Administration or related field of study plus 2 years of finance, Applied Mathematics, Pricing Analysis or related experience.
Must have experience or knowledge of:
Pricing Strategy;
SQL and Excel VBA;
Data Science/ Analytics, Statistics;
R or Python;
NPI / Economic Value Analysis; and
Power BI, Tableau or other BI Tools.
TRAVEL:
10% domestic and international
Waltham, MA
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with revenues of more than $24 billion and approximately 70,000 employees globally. Our mission is to enable our customers to make the world healthier, cleaner and safer. We help our customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics, deliver medicines to market and increase laboratory productivity. Through our premier brands - Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific and Unity Lab Services - we offer an unmatched combination of innovative technologies, purchasing convenience and comprehensive services.
To serve science, Thermo Fisher Scientific needs to stay ahead of it. To be the world leader in serving science, we need to anticipate (pre-empt) customer needs. We need to constantly think about advancing science, so customers have the freedom to be bolder and more innovative – we are committed to pushing science and technology a step beyond where it is today.