Pricing Manager
Pune, IN
About SKF
SKF started its operations in India in 1923. Today, SKF provides industry leading automotive and industrial engineered solutions through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services. Over the years the company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven engineering company helping customers achieve sustainable and competitive business excellence.
SKF's solutions provide sustainable ways for companies across the automotive and industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. With a strong commitment to research-based innovation, SKF India offers customized value-added solutions that integrate all its five technology platforms.
To know more, please visit: www.skf.com/in
SKF India has been recognized as a "Top Employer 2024" by the Top Employers Institute, acknowledging excellence in People Practices.
To know more, please visit: https://www.skf.com/in/news-and-events/news/2024/2024-01-18-skf-india-recognized-as-top-employer-2024-by-top-employers-institute
About Automotive Aftermarket
The Automotive Aftermarket is an increasingly demanding and faster paced business, bringing new challenges and opportunities to distributors and garages. The ability to offer a fast and flexible service, excellent model coverage, parts availability, product reliability, technical support and training determines our success.
At SKF we are continuously looking to deliver competitive advantages for our customers. By building strong partnerships we better understand the needs of mechanics and end customers, this helps us engineer the right support and solutions around them.
SKF Purpose Statement
Together, we re-imagine rotation for a better tomorrow.
By creating intelligent and clean solutions for people and the planet
JOB DESCRIPTION
Job Title: Pricing Manager, Vehicle Aftermarket
Reports To: Head - Vehicle Aftermarket
Role Type: Team Handling
Location: Pune OR Gurgaon
Job Summary:
The Pricing Manager will be responsible for developing and implementing pricing strategies to optimize sales, profitability, and market competitiveness within SKF's Vehicle Aftermarket. This role involves analyzing market conditions, competitor pricing, and customer insights to establish optimal pricing structures for our product portfolio.
Key Responsibilities:
- Develop and execute pricing strategies that align with company objectives to drive revenue and profitability.
- Monitor market trends, customer demand, and competitor activities to make data-driven pricing decisions
- Collaborate with Sales, Marketing, and Finance to define pricing structures for different customer/market/product segments
- Manage and analyze pricing data to identify opportunities for margin improvement
- Develop price lists, promotional pricing, and discount structures based on market dynamics
- Lead regular pricing reviews and adjust strategies as needed in response to changing market conditions
- Establish pricing guidelines, policies, and processes to ensure consistency and efficiency
- Evaluate the financial impact of pricing decisions and provide recommendations to senior management
- Ensure pricing compliance with industry regulations and company policies
- Utilize pricing software/tools to develop predictive models and forecasts
Requirements:
- Bachelor’s degree in business, Finance, Marketing, or a related field; MBA desirable
- 12+ years of experience in pricing management, preferably in the automotive aftermarket industry
- Strong analytical skills with the ability to interpret data and trends
- Proficiency in pricing tools and software, with advanced knowledge of Excel
- Excellent communication and interpersonal skills
- Strong attention to detail and organizational skills
- Ability to work cross-functionally in a fast-paced environment
- Familiarity with automotive spare parts and market dynamics is highly desirable.
Interested candidate/s can share their resume to neha.chawda@skf.com