Competitive Pricing Analyst jobs in Minnesota

Company Overview

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Role Overview

This position involves analyzing market trends, managing customer relationships, and coordinating with internal teams to ensure the successful delivery of quality products on time and within budget. The ideal candidate will have a strong analytical mindset, excellent communication skills, and the ability to work collaboratively across multiple departments. Ensures compliance with the ISO Inquiry, Quote, Order Management, Customer Feedback and Forecast processes under the direction of the ISO process owner.

Acts in a key role in working with the Product Manager and Engineers in the quote process by coordinating the quotation review and approval process for existing products and prototypes. Interfaces with product management, manufacturing engineering, engineering, executive management and customer service to ensure a timely response within the sales quotation process.

This is an onsite role, Monday - Friday and includes a comprehensive benefits package. 

• Analyze market trends, request for quotations (RFQs), and historical data to develop competitive pricing strategies
• Create detailed quotes from purchase orders, considering labor costs, material costs, and desired profit margins.
• Work closely with procurement, engineers, finance business partners, and business development teams to gather necessary information for accurate pricing.
• Monitor margins and labor costs to ensure profitability and compliance with financial goals.
• Prepare and present pricing analysis and recommendations to management for review and approval.
• Coordinate with customers and internal teams to manage project timelines, resolve issues, and ensure successful project completion.
• Maintain open and effective communication with all stakeholders to ensure transparency and accountability.
• Manage the SIOP report by adding forecasted, shipments, and backlog information.
• Support the Customer Account Manager team in overseeing the execution of contracts and managing customer relationships.
• Act as a backup to the Customer Account Manager team, handling communication with customers from proposal through product development and full-rate production.

Qualifications

• Bachelor’s degree in Business, Finance, Economics, or a related field.
• 3-5 years of Proven experience in pricing analysis, customer account management, or a similar role, preferably in a manufacturing environment.
• Strong analytical skills with the ability to interpret complex data and make informed decisions.
• Familiarity with procurement processes and cost management.
• Excellent communication and interpersonal skills, with the ability to build and maintain strong relationships with customers and internal teams.
• Proficiency in Microsoft Office Suite, particularly Excel, and experience with CRM and ERP systems, Epicor experience a plus..
• Experience with Sales, Inventory, and Operations Planning (SIOP) processes and preparation of reporting.
• Ability to work independently and as part of a team in a fast-paced, dynamic environment.
• Strong organizational skills with the ability to manage multiple projects and priorities simultaneously.
• This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be a U.S. person within the meaning of ITAR. (ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident; (i.e., “Green Card” holder), Political Asylee, or Refugee.

Solving Technology Challenges for a Sustainable World

We want the very best people in our TT family across the globe – so we welcome applications from everyone, to celebrate a diverse mix of experiences, backgrounds and identities. We are committed to equality of opportunity for all and you can rest assured that TT Electronics takes positive steps to ensure we are an inclusive business, that will welcome and support you, from your initial application to wherever your career takes you! Please get in touch if you’d like to discuss any reasonable adjustments to your application, in order that we can accommodate and support you in the process. If you want to work for a company where who you are is valued and respected, we’d love to hear from you.  

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