The Pricing COE Lead will establish and lead a centralized pricing capability to drive process discipline, margin expansion, commercial discipline, and data-driven decision-making across the organization. This role will partner closely with Product Management, Sales & Finance to design pricing frameworks, enforce governance, and enable value-based selling
Key Responsibilities:
1. Pricing Strategy & Frameworks
- Develop and institutionalize pricing strategies aligned with business objectives (growth vs margin optimization).
- Define value-based pricing models for engineered products, solutions, and services.
- Build pricing architectures including:
- Segmentation (customer / application / geography)
- Discount structures
- Floor pricing / guardrails
2. Pricing Governance & Discipline
- Establish a pricing governance model with transparent approval matrices.
- Drive adherence to pricing policies across sales teams.
- Monitor and control:
- Discount leakage
- Deal exceptions
- Margin erosion
3. Deal Support & Commercial Excellence
- Act as a deal desk leader for complex / large opportunities.
- Provide real-time pricing guidance to sales teams on strategic bids.
- Drive win-rate vs margin trade-off optimization
4. Analytics & Insights
- Build advanced pricing analytics capabilities:
- Price realization vs list price
- Pocket margin analysis
- Customer profitability
- Leverage tools (Excel, BI platforms, AI models) to generate actionable insights.
- Identify opportunities for:
- Influence senior stakeholders on pricing decisions
Key Performance Indicators (KPIs):
- Disciplined Pricing Process
- Gross margin improvement (%)
- Price realization vs target
- Discount reduction (%)
- Deal cycle time for approvals
- Win-rate vs margin balance
- Contribution margin improvement by segment
Qualifications & Experience:
- Bachelors degree in Engineering (Mechanical / Electrical preferred); MBA is a plus
- 815 years of experience in:
- Pricing / commercial excellence
- Sales or product management (industrial domain preferred)