Thermo Fisher Scientific

Sr Pricing Analyst

Posted on: 14 Mar 2021

Pittsburgh, PA

Job Description

When you2019re part of the team at Thermo Fisher Scientific, you2019ll do important work, like helping customers in finding cures for cancer, protecting the environment or making sure our food is safe. Your work will have real-world impact, and you2019ll be supported in achieving your career goals.

The Senior Analyst, Global Strategic Pricing will support revenue and operating income goals thru price attainment within Thermo Fisher Scientific. Establish price standards, strategies, and performance. Build organizational capabilities and communicates key pricing insights and recommendations to Senior Leadership and other relevant stakeholders.

Key Responsibilities:

* 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 such as Microsoft SQL Server, SQL Server Analysis Services, R, Python , Power BI, Tableau, Microsoft Excel etc. to develop and drive data-driven pricing guidelines/tools for business units.
* Maintain strong communication with Business Analytics, Sales, Marketing, Finance and Commercial teams
* Regularly articulate and reinforce pricing strategies throughout the organization
* Provide subject matter expertise to sales teams on pricing strategy and implementation Develop and drive data-driven pricing guidelines/tools for business units
* Provide analysis and technical support for pricing initiatives that include setting list prices, determine customer specific discounts and identify product conversion opportunities
* Determine new product introduction price positioning optimizing price and value. Work closely with marketing, product management and finance teams to determine optimal launch price
* Teach 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 dynamics
* Identify, validate, and execute opportunities for sales performance improvements
* Prepare executive-level reports of findings and opportunities increase price attainment in the businesses
* Support the development and refinement of tools, policies, and procedures that enhance existing performance
* Perform other duties as assigned

Minimum Requirements/Qualifications:

* Demonstrated analytical and statistical problem solving skills, including data handling and relational database programming
* Excellent analytical capabilities including experience with Microsoft SQL Server, SQL Server Analysis Services, R, Python , Power BI, Tableau, Microsoft Excel etc. to develop and drive data-driven pricing guidelines/tools for business units.
* Strong business orientation with a balance of pricing and strategic management capabilities. A passion for understanding pricing strategies and execution methodologies in a manufacturing and/or distribution business
* Minimum 3 years experience working with large data sets from multiple sources or relevant experience. SQL experience preferred.
* Ability to work cross-functionally and effectively influence and partner. Must relate well to all kinds of people, listen and builds constructive relationships, use diplomacy and tact. Shows creativity and innovation in presenting ideas
* Strategic thinker and problem solver
* Detail oriented, organized and analytical. Has the ability to handle multiple projects at the same time
* Ability to drive projects and activities to successful conclusion, operating with a high sense of urgency
* Candidates must have a bachelor2019s degree in business, operations, mathematics, economics or a scientific field. An advanced degree in business or science is preferred.
* Demonstrated ability to operate independently with broad general guidance against a framework of defined business objectives
* Prior experience working in large corporate environment or a diversified, complex organization is preferred.
* Strong intellect, drive, and communication skills
* Ability to travel (~10%)

Thermo Fisher Scientific

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.