Pricing Specialist II

About Us

At Avnet, relationships matter. We are a global, FORTUNE® 500 technology distributor and solutions company that delivers design, supply chain, and logistics expertise to customers at every stage of a product’s lifecycle. Our employees have a front-row seat to the latest innovations shaping the world we live in and the future we share. We’re driven to help our customers around the world succeed by earning the trust of some of the biggest names in technology. Working at Avnet means being part of a global team where we collaborate with integrity and do business the right way. For over a century, we’ve partnered to help our customers, suppliers, and teammates realize the transformative possibilities of technology.

About the Role

Develops, evaluates, and implements pricing strategies and models based upon current business and competitive market dynamics. Conducts research and performs competitive pricing analysis. Monitors the ongoing competitive environment to ensure practices do not adversely impact company reputation or customer satisfaction.

Responsibilities

• Partners with sales/marketing, business development, and finance to correctly position the product portfolio and establish pricing programs aligned with product/sales strategy and revenue recognition requirements.
• Analyzes prices in the external marketplace, such as competitor pricing, seasonal changes in pricing, discounting, customer’s willingness to pay, and overall consumer spending patterns.
• Verifies pricing and clears price-related blocks in the Enterprise Resource Planning (ERP) before generating delivery orders, including providing suppliers with point-of-sale information.
• Analyzes internal pricing models that consider product costs such as labor, materials, distribution, and contracts to evaluate prices against actual expenses and budgets.
• Evaluates opportunities to monetize products offered initially at little to no cost (such as online products) or to create upsell opportunities as products are repositioned in the marketplace.
• Projects the impact of pricing changes, individual promotions, and rebate programs on revenue.
• Creates and administers pricing databases and coordinates the implementation of pricing and delivery proposals across the organization.
• May update pricing databases to track current and historical pricing of the company’s products and competitors.
• Performs analysis and reports results of various program impacts for identified customers, notifying the account manager of success, issues, and future growth plan strategies.
• Maintains and drives trending knowledge of products, competitors, technology, and customers in the assigned supplier product market.
• Other duties as assigned.

Requirements

• Thorough knowledge of principles, theories, and concepts in the discipline.
• Competent in all job functions with a general understanding of industry practices, techniques, and standards.
• Develops solutions for a variety of situations and works on projects requiring evaluation and analysis.
• Work is performed independently and requires the exercise of judgment and discretion; may receive limited guidance for new assignments.
• Collaborates with management and team members within the department/function and other areas of the organization; may represent the department internally or externally.
• Actions may impact the success of the overall department and/or organization; failure to accomplish work or erroneous decisions may result in project delays, loss of revenue, or additional resource allocation.

Qualifications

• Typically 3+ years of relevant experience with a bachelor’s degree or equivalent.
• Bachelor’s degree or equivalent experience from which comparable knowledge and job skills can be obtained.

Benefits

• Generous Paid Time Off
• 401K and Pension Plan
• Paid Holidays
• Family Support (Paid Leave, Surrogacy, Adoption)
• Medical, Dental, Vision, and Life Insurance
• Long-term and Short-term Disability Insurance
• Health Savings Account / Flexible Spending Account
• Education Assistance
• Employee Development Resources (Wellness, Leadership Development, and Mentorship Programs)

Benefits listed above may vary depending on the nature of your employment with Avnet.