11 Oct
|
Pankaj Electricals
|
Greater Noida
11 Oct
Pankaj Electricals
Greater Noida
Price Coordinator
Department: Sales / Commercial
Location: Greater Noida
Reporting To: Sales / Commercial Head
Job Purpose
To manage customer and sales team pricing requirements by obtaining competitive prices from manufacturers/principals, maintaining accurate and valid price records, ensuring appropriate selling prices, and supporting the sales team in achieving monthly order booking targets.
Key Responsibilities
- Receive and process RFQs from the Sales Team and inbound sales enquiries and ensure timely pricing responses.
- Coordinate with manufacturers, principals and suppliers to obtain purchase prices, discounts, lead times and commercial terms.
- Prepare and provide selling prices based on market conditions, customer requirements, margins and management decisions.
- Ensure all quotations are based on valid and updated purchase prices and commercial terms.
- Maintain and regularly update OEM/principal price lists and track price validity.
- Monitor and maintain records of price increases, forex impact, manufacturer price revisions and other cost changes.
- Proactively communicate upcoming or effective manufacturer price increases to the concerned sales team.
- Negotiate with manufacturers/principals for best possible pricing, discounts and commercial support to improve competitiveness and margins.
- Maintain a proper database of purchase prices, selling prices, margins, price history and customer-specific pricing.
- Support the Sales Team with pricing for key accounts, tenders, projects and large-value opportunities.
- Identify opportunities to improve margins while remaining competitive in the market.
- Coordinate with the Sales, Purchase, Accounts and Management teams regarding pricing-related requirements.
- Support the team in monthly order booking by reviewing expected orders, pricing requirements, manufacturer offers and pending price approvals.
- Follow up on pending manufacturer quotations and ensure pricing is received within required timelines.
- Ensure proper documentation and communication of special prices, project prices and management-approved pricing.
- Highlight significant price changes, margin concerns or pricing risks to management.
Key Performance Indicators (KPIs)
- RFQ response time
- Accuracy of purchase and selling prices
- Percentage of RFQs priced within agreed timelines
- Pricing competitiveness and gross margin
- Savings achieved through manufacturer negotiations
- Accuracy of price master and price validity
- Timely communication of price increases
- Support provided towards monthly sales/order booking targets
Candidate Profile
- Experience: 2–5 years in pricing, sales coordination, commercial operations, purchase or a similar role, preferably in electrical/industrial products.
- Good understanding of B2B pricing, OEM/manufacturer pricing and distributor margins.
- Solid negotiation and vendor/principal coordination skills.
- Good Excel skills and ability to maintain pricing databases.
- Strong attention to detail and numerical ability.
- Good communication and follow-up skills.
- Ability to work under pressure and respond quickly to sales requirements.
- Experience with ERP/CRM systems such as Odoo would be an advantage.
Ideal Candidate
A commercially driven and detail-oriented professional who can respond quickly to RFQs, negotiate aggressively with principals, maintain pricing discipline and help the Sales Team convert opportunities into orders.
Pay: ₹25,000.00 - ₹50,000.00 per month
Work Location: In person
📌 Price Controller (Greater Noida)
🏢 Pankaj Electricals
📍 Greater Noida