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Corning Incorporated · 1 month ago

Sr. Product Pricing Analyst

Charlotte, NC

Full-time

Onsite

Mid, Senior Level

$94K/yr - $130K/yr

5+ years exp

Corning Incorporated is one of the world’s leading innovators in glass, ceramic, and materials science. The Sr. Product Pricing Analyst will serve as the pricing interface to PLM and develop and maintain product-specific pricing strategies and information for assigned products, supporting other pricing needs within the organization.

Manufacturing

No H1B

Responsibilities

Facilitate, create, and maintain pricing strategies for specific product set that tie to overall product strategy and profitability, to include product-specific details, customer/market considerations, competitive environment, relationships between day-to-day, project, and contract price levels, and any relationships to other Corning products (solutions element, lead product, product pull-through, etc.)

Facilitate price adjustment process for assigned products:

Analyze price distribution and price realization by product set to determine if price levels are out of alignment

Analyze past quote data combined with current market knowledge to determine appropriate Floor and Base pricing level and make recommendations for changes

Analyze upcoming/potential product changes and determine any associated price adjustments that should be implemented in conjunction with the product change

Initiate price change PCNs (and support other PCN process as required)

Work with Deal Desk on project pricing or other commercial price adjustments related to assigned product set

Work with PLM to determine appropriate pricing for new products

Understand pricing systems and structures (price procedure, Variant Config vs FG pricing, automated project pricing, etc.) and ensure effective implementation of product strategy

Initiate and maintain Product Life Cycle Management pricing activities; understand product classifications and impact on pricing/quoting processes

Provide pricing/profitability analysis as required: evaluate impact of potential product changes, impact for potential material cost changes, impact of potential volume/share changes

Drive addition/inclusion of standard prices for products quoted to improve customer response time and improve internal efficiencies

Maintain expertise on competitors' pricing and strategies including competitive price data for use by pricing personnel for pricing events; work with cross-functional teams as required (supplier and receiver of information)

Participate in Game Theory exercises as required

Qualification

Pricing strategiesAnalytical skillsCommercial experienceSAPMS Office (Excel)English fluencyVendavoStrategic thinkingCustomer focusCross-functional leadership

Required

Bachelor's degree or actively enrolled pursuing a Bachelor's degree

Minimum 5 years Commercial, PLM, Pricing and/or Marketing experience

100% fluent in English; other languages a plus

Strong analytical skills (both quantitative and qualitative) with ability to see the big picture as well as the individual details

Experience communicating clearly and effectively in written and spoken English to drive consensus across multiple parts of the organization

Knowledge of COC products and markets

Knowledge of or ability to understand COC pricing processes and strategies

Strong systems background focusing on MS Office products (especially Excel), SAP, and reporting

Preferred

Bachelor's degree in business or technical field highly preferred; MBA

Pricing experience with focus on diverse product set and highly competitive markets

Systems skills: Vendavo

Demonstrated strategic thinking and ability to recognize the impact that present decisions have on future opportunities

Ability to juggle multiple tasks and prioritize without significant supervision

Demonstrated customer focus

Ability to articulate, support and defend strategy and decisions from senior management

Experience leading cross-functional groups without being actual supervisor

Global awareness/experience

Benefits

Company-wide bonuses and long-term incentives align with key business results and ensure you are rewarded when the company performs well. When Corning wins, we all win.

As part of our commitment to your financial well-being, we provide a 100% company-paid pension benefit with fixed contributions that grow throughout your career. Combined with matching contributions to your 401(k) savings plan, Corning’s total contributions to your retirement accounts can reach between 7% and 12% of your pay, depending on your age and years of service.

Our health and well-being benefits include medical, dental, vision, paid parental leave, family building support, fitness, company-paid life insurance, disability, disease management programs, paid time off, and an Employee Assistance Program (EAP) to support you and your family.

Getting paid for our work is important, but feeling appreciated and recognized for those contributions motivates us much more. That’s why Corning offers a recognition program to celebrate successes and reward colleagues who make exceptional contributions.