Pricing Specialist
Sandvik · Menomonee Falls, WI · 1 wk ago
On-siteMarketingFull-time
About the role
The Pricing Specialist will be responsible for product pricing and discount management for GWS's offer — setting and maintaining accurate list prices and managing discount structures — ensuring pricing decisions are consistent, well-controlled, and aligned with market dynamics and business objectives.
Responsibilities
- Product pricing — identify price drivers, setting, updating, and maintaining list prices in line with strategies defined by the Pricing Manager
- Manage discount structures, including standard discount guidelines, discount approval matrices, and exception handling
- Monitor discount usage and leakage in the markets, identifying trends, outliers, or erosion of price realization, and escalate corrective action to the Pricing Manager or other relevant stakeholders
- Conduct regular price and discount analysis to support decision-making on list price adjustments, and discount guidelines changes
- Support the annual price planning process by preparing pricing and discount data, and analysis
- Conduct market and competitor pricing and discounting analysis to inform pricing decisions
- Support the maintenance and application of pricing and discount policies and cross-functional price-related processes
- Participate in internal and cross-functional initiatives and projects
- Fully engage in Sandvik Safety First Culture.
- Adopt and apply Sandvik Core Values in all business and personal dealings
Qualifications
- University degree level in Economics, Marketing, Business, Engineering, or equivalent qualification
- Full proficiency in English, both written and spoken; knowledge of other languages is an advantage
- Minimum 2–4 years professional experience in Pricing, Product management, Sales, or Finance
- Hands-on experience with product pricing and/or discount management in a non-managerial, individual-contributor role
- No people management experience required
Physical requirements: Prolonged periods of sitting at a desk and working on a computer. Light work that includes moving objects up to 20 pounds at a time.
Skills
- Proficient in fundamentals of big data and analytics, strong MS Excel skills required
- Solid understanding of metal cutting products, discount structures, and price-realization concepts
- Good networking and collaboration skills
- Ability to work with a degree of ambiguity and propose sound recommendations
- Self-motivated team player, able to work independently using a proactive approach
- Knowledge of product pricing and profitability principles, with practical understanding of discount management
- Strong problem-solving skills
- Ability to handle confidential financial information appropriately
- Ability to work under pressure and adhere to deadlines