
Role Title: Manager - Pricing Analyst
Role Purpose:
The Pricing Analyst will be responsible for developing, implementing, and monitoring pricing strategies for the company's express logistics services. This role requires a strong blend of financial acumen, data analysis expertise, and industry-specific knowledge to ensure competitive yet profitable pricing. The analyst will work closely with the sales, operations, and finance teams to leverage data-driven insights and optimize revenue and market share.
Key Accountability Area:
Customized Pricing Requests:
- Review the pricing request and evaluate the inputs provided by the sales team
- Create analytical reports for the customized pricing request
- Maintain the turn-around time to the sales team
- Pricing MOP to be followed for approval process
- Coordinate with the Implementation on the implementation the Customized Contract Rates in the Pricing system
- Ad-hoc/one time shipment rate request to be evaluated and approved depending on the financials
Pricing Strategy Development:
- Develop and implement effective pricing strategies and models for various logistics services based on comprehensive market research, competitive situation, market rate benchmarking and cost analysis.
Revenue Management - Profitability report:
- Generate and publish Monthly Profitability report and present to the Country Management team
- Prepare Dashboard to highlight the top customers of the country
- Collaborate the sales feedback on the top customers
- Strategize to improve Customer Profitability and track the activity
- Perform financial evaluations, including cost-benefit analysis, margin analysis, and profitability analysis, to assess the effectiveness of pricing actions and make data-driven recommendations.
Compliance report:
- Prepare and publish Monthly Compliance dashboard report of new signed customers
- Tracking of the customer wise performance after signing up
Pre-Approved pricing Performance report:
- Monthly sign-up performance of pre-approved pricing templates
- Performance of pre-approved pricing templates
Rate Management:
- Maintain and regularly update internal and external price lists, carrier tariffs, fuel surcharges, and pricing databases, ensuring accuracy and integrity of all pricing information.
Market Intelligence:
- Stay informed on industry trends, competitor activities, and changes in trade regulations to ensure the company remains competitive and compliant.
Presentation & Communication:
- Prepare and present detailed pricing reports, dashboards (using tools like Power BI or Tableau), and presentations to senior management and cross-functional teams.
Qualification:
A master's degree (MBA Finance preferred) or a bachelor's degree in finance, Economics, Statistics, Mathematics, or a related analytical field.
Work Experience:
- Minimum of 12 - 20 years of experience as a pricing analyst.
- Prior experience in the commercial function of a logistics service provider is a significant advantage, with knowledge of freight forwarding, customs clearance, and supply chain dynamics.
- Experience in a commercial function is highly valued.
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