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Director, Pricing Strategy & Analytics - Memphis Tennessee
Company: ABB Schweiz AG Location: Memphis, Tennessee
Posted On: 04/26/2025
Director, Pricing Strategy & AnalyticsAt ABB, we are dedicated to addressing global challenges. Our core values: care, courage, curiosity, and collaboration - combined with a focus on diversity, inclusion, and equal opportunities - are key drivers in our aim to empower everyone to create sustainable solutions. Write the next chapter of your ABB story.This is a position with grade10This position reports toGlobal Product ManagerYour role and responsibilitiesThe Director of Pricing Strategy & Analytics is responsible for leading the development and execution of pricing strategies that optimize profitability, enhance market positioning, and drive revenue growth. This role involves conducting in-depth market analysis, leveraging data analytics, and collaborating cross-functionally to ensure alignment with ABB's business objectives. The ideal candidate will possess strong analytical skills, strategic thinking, and leadership capabilities to guide a team of pricing professionals. You will be mainly accountable for: Developing comprehensive pricing strategies that align with the company's business objectives, taking into account market dynamics such as supply and demand, customer behavior, and economic conditions. This involves segmenting the market and identifying the target audience to tailor pricing effectively. Utilizing advanced data analytics tools to assess historical pricing performance, customer purchasing patterns, and market trends. This data-driven approach enables informed decision-making. Developing financial models to forecast the revenue impact of different pricing strategies. This includes scenario analysis to evaluate potential outcomes based on varying pricing levels and market conditions. Extract meaningful insights from complex datasets to identify opportunities for pricing optimization. Defining key performance indicators (KPIs) to measure the effectiveness of pricing strategies. Common KPIs include pricing elasticity, margin contribution, and market share. Regularly monitor and analyze pricing metrics to assess the impact of pricing initiatives on overall business performance.Qualifications for the role |
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