What are the responsibilities and job description for the Director of Pricing position at Specialty Products and Insulation?
Summary :
We are seeking a strategic and analytical Director of Pricing to lead our pricing strategy at Specialty Products and Insulation, a leading distributor and fabricator of insulation and related products. This role is critical in driving profitability and competitive positioning in the market. The ideal candidate will possess deep expertise in pricing strategies, market analysis, and revenue optimization, with a proven track record in leading pricing transformation in the distribution industry.
Areas of responsibilities may include but are not limited to :
- Team Leadership : Lead and mentor a pricing team, fostering a culture of collaboration, continuous improvement, and professional development.
- Pricing Strategy Development : Design and implement comprehensive pricing organization that aligns with company goals, market trends, and customer needs.
- Pricing Transformation : Lead initiatives to transform pricing processes and methodologies, leveraging technologies and best practices to enhance pricing accuracy, speed, and agility while drive improvement in gross margin.
- Pricing Execution : Lead the pricing team to execute to price implementation, margin improvement, and other margin opportunities across the organization.
- Optimization Techniques : Create and execute a roadmap for pricing optimization to maximize revenue while maintaining competitive advantage.
- Collaboration : Work closely with field leaders to ensure pricing strategies support broader business objectives and enhance customer value.
- Policy Formulation : Establish pricing policies and guidelines to ensure consistency and compliance across all product lines and customer segments.
- Performance Monitoring : Track and analyze pricing performance metrics and margin improvement across all initiatives, making recommendations for adjustments as necessary to achieve financial targets.
- Stakeholder Engagement : Present pricing strategies and outcomes to senior leadership, influencing decision-making and securing buy-in for initiatives.
Education, Skills, Experience, and Knowledge
Work Environment
Remote / Office
Physical demands may include but are not limited to :
Moderate walking, standing, and / or climbing; light lifting and carrying, stooping, bending, kneeling, and reaching. Must be able to lift a minimum of 30 lbs.
Travel
Minimal
Exemption Status
Exempt