Loeb Electric · 2 weeks ago
Pricing Coordinator - Purchasing and Pricing
Loeb Electric is a leading electrical distributor in the construction industry, seeking a Pricing Coordinator. The role involves managing pricing strategies, maintaining accurate pricing records, and collaborating with sales and purchasing teams to ensure competitive pricing structures.
ElectronicsLightingWholesale
Responsibilities
Maintain and update pricing databases, tools, and systems with current product pricing and discount structures
Analyze market trends, competitor pricing, and internal cost structures to recommend pricing adjustments and inform pricing decisions
Assist in the development and implementation of pricing strategies aligned with business objectives
Review and process pricing change requests from internal departments in a timely and accurate manner
Serves as the point of contact for pricing inquiries or issues on assigned lines/products
Generate pricing reports and provide insights to support strategic decisions
Performs ad-hoc pricing analysis as needed
Assists with maintenance of pricing tables
Prepare pricing reports and present findings to management
Identify opportunities for pricing optimization and recommend adjustments
Maintains system pricing matrix
Ensure pricing compliance across all customer contracts and sales agreements
Collaborate with cross-functional teams to resolve pricing discrepancies and support new product launches
Support audits and reviews related to pricing accuracy and adherence to policy
Provide support to internal teams on pricing policies and procedures
Ensures satisfaction of internal customers by providing updates and feedback as needed
Supports the development and implementation of local sourcing strategies
Compiles weekly and monthly purchasing reports
Other duties as assigned
Qualification
Required
1–3 years of experience in pricing, purchasing or related role
Prior working knowledge of purchasing and/or pricing
Experience with pricing software and tools
Proficiency using MS Office, including Outlook, Excel, Word and PowerPoint
Advanced experience using Excel and functions such as filters, VLOOKUP, SUMIFS, and pivot tables
Proficiency in Microsoft Excel and other data management tools; experience with ERP systems is a plus
Highschool diploma or equivalent required
College Degree or equivalent work experience
Highly organized and detail oriented
Excellent interpersonal skills
Strong customer service skills
Strong written and verbal communication skills
Strong analytical and problem-solving skills
High attention to detail and organizational abilities
Excellent communication and interpersonal skills
Preferred
Experience in the electrical industry preferred