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Pricing Manager

Twin Disc Incorporated
United States, Wisconsin, Racine
Jan 03, 2025
At Twin Disc we keep building our brand and leading our industry through innovation, evolution, and providing the best products for our customers. As a result, we need the best and brightest talent. *We put horsepower to work. We maximize employee flexibility and well-being through a virtual mindset that supports our highly distributed, global workforce. We take an outcome-focused, people-centered approach to winning, including welcoming the best talent - wherever they may be. This role provides flexibility in where, when and how you accomplish your work as long as you can be responsive to the team's needs. Job Summary -* Responsible for analyzing the costs and pricing of a business's models and options; then, recommend current and future pricing strategies to the management team. Monitor and analyze Twin Disc product pricing and options to ensure that the prices are competitive and beneficial to the organization. Articulate tradeoffs and outcomes. Understand the market forces that impact pricing, such as competition, customer preferences, and macroeconomic trends. Create and maintain prices lists for all business units/product lines - where applicable. i.e. industrial, marine transmissions, Arneson Surface Drives, Aftermarket etc.. Work with product management to review margins by product lines & models and suggest appropriate pricing actions to create value for the company. Job Responsibilities - Gather data from various sources, process it appropriately, and apply useful metrics to make sense of it. Find patterns and trends in datasets to uncover insights Create pricing models and data pipelines to explain and forecast pricing outcomes POV on economic impact into consumer pricing needs Create and explain price laddering and logic for those recommendations Use of qualitative and quantitative insight supplement model views and create well-rounded recommendations Simplification of complex ideas. Communicate recommendations to other teams and senior leadership in a visual and digestible manner Use languages and tools such as Python, R, and SQL in data analysis Work as an 'honest broker' with internal cross-functional stakeholders to resolve conflict and ensure pricing outcomes are obtainable, or their impact is understood, then communicate effectively. Maintain accurate price guides. Make sure pricing in JDE and EPR systems match the price lists Maintain and update (as needed) customer class matrix Manage agreement pricing for OEM's Maintain database of JS-212 special pricing Work with sales & IT to coordinate periodic price changes Education: Bachelor's degree in Statistics, Data Science, or Economics (or a related field) is required. Experience Requirements The successful candidate will have an understanding and general knowledge of broad business competencies, including the following: Building models for price / volume prediction, including linear and logistic regression among others Creation and use of elasticity models and price thresholding Data visualization - Must be able to create in Power BI or Tableau dashboards and Excel Programing language competency - R or Python Expert level efficiency in Microsoft Office Suite (especially Excel and PowerPoint) Storytelling/audience communication - communicating a story not presenting data A track record of real impact; delivering complex projects on time. Proven ability to prioritize and drive concurrent projects to successful outcomes. Strong interpersonal skills and ability to work with a diverse, cross-functional team. Challenges the status quo, pushes the organization to think differently and leads without authority.