Pricing Executive

Role Overview

The Pricing Executive position entails overseeing the pricing framework for FMCG products by conducting market and competitor price analysis, negotiating with various stakeholders including suppliers and customers, and ensuring the alignment of pricing strategies to maintain competitiveness and profitability. This role demands adeptness in analytical assessment, negotiation prowess, and strong command over pricing data management using Microsoft Excel.

Key Responsibilities

• Regularly track and evaluate competitor pricing for FMCG goods.
• Carry out detailed market research to detect trends in pricing and shifts in customer demand.
• Benchmark product pricing against competitors to inform competitive pricing policies.
• Negotiate pricing terms with suppliers, distributors, and customers to enhance profitability margins.
• Create and maintain updated price catalogs, quotations, and special promotional pricing.
• Manage pricing databases ensuring accuracy and consistency in pricing data.
• Assess product margins, discounts, and overall profitability metrics.
• Collaborate with cross-functional teams such as Sales, Procurement, Finance, and Marketing regarding pricing strategies and decisions.
• Produce comprehensive pricing reports on a daily, weekly, and monthly basis utilizing Microsoft Excel.