USAAllentown Product Pricing Advisor PA 18109

Job description

B. Braun Medical Inc., a leader in infusion therapy and pain management, develops, manufactures, and markets innovative medical products and services to the healthcare industry. Other key product areas include nutrition, pharmacy admixture and compounding, ostomy and wound care, and dialysis. The company is committed to eliminating preventable treatment errors and enhancing patient, clinician and environmental safety. B. Braun Medical is headquartered in Bethlehem, Pa., and is part of the B. Braun Group of Companies in the U.S., which includes B. Braun Interventional Systems, Aesculap® and CAPS®. Globally, the B. Braun Group of Companies employs more than 64,000 employees in 64 countries. Guided by its Sharing Expertise® philosophy, B. Braun continuously exchanges knowledge with customers, partners and clinicians to address the critical issues of improving care and lowering costs. To learn more about B. Braun Medical, visit www.bbraunusa.com Position Summary: The Product Pricing Advisor supports pricing decisions through data analysis, market insights, and collaboration with Sales and Marketing. This role helps identify pricing opportunities, manage bids and deals, and support revenue and profitability goals. Responsibilities: Essential Duties Make informed pricing recommendations based on data, value, market, customer, and competitive knowledge utilizing Pricing and Business Intelligence Systems Manage deals from beginning to final approval starting with working with Marketing Directors on the best recommendation for the specific customer segment/profile Monitor price-volume-margin tradeoffs of deals and provide recommendations to management Lead and direct pricing strategy formulation and take necessary pricing actions to enhance profitability, ensuring integrity and accuracy in all pricing matters Proactively highlight and act upon price and margin improvement opportunities utilizing, pocket price waterfall, price/volume/mix and other analytics Draft strategic pricing plans and processes to improve existing pricing project Define new business procedures, evaluate resource requirements and stimulate implementation or maintenance of pricing system Support the development and refinement of tools, policies, and procedures that enhance existing performance Assists team in determining optimized customer and product pricing using Value-Based Pricing methodologies and tools such as Economic Value Estimation or Perceived Value Map Works to develop a good understanding of the Core product portfolio, differentiated value, messaging, competitive landscape and market strategies. Perform analysis and prepare executive-level reports of findings and dashboards. Provides insights and analytics regarding sales, pricing, and market data to Senior Leadership within Marketing and Sales Acts as liaison to other functional areas as it relates to RFP, Bids and new business opportunities. Create strong interdepartmental links, relationships, and communication channels through bid processes by ensuring stakeholder buy-in and deal optimization. Manage entire Bid process from deal conceptualization to contracting phase Take active role in pricing and terms decisions of contracts. Provides feedback regarding proposals based on customer demographics and other external factors and data in pricing systems; demonstrate ability in assisting Marketing & Sales Leadership in closing new business and securing contract renewals. Support revenue and operating profit goals through price attainment. Proactively leverage business analytics (data visualization, data management and aggregation) in order to seek out price and margin improvement opportunities Present pricing insights in a logical format and able to confidently explain data, findings, and recommendations in a public speaking setting The job function listed is not exhaustive and shall also include any responsibilities as assigned by the Supervisor and/or Manager from time to time. General: It shall be the duty of every employee while at work to take reasonable care for safety and health of himself/herself and other persons. Expertise: Knowledge & Skills Requires basic knowledge of relevant business practices and procedures in professional field. Uses standard theories, principles and concepts and integrates them to propose a course of action. Works under direct supervision and from detailed verbal and/or written instructions. Uses established procedures to accomplish assigned task. Some degree of judgment required in resolving problems based on experience. Contacts are primarily with department supervisors, leads, subordinates, and peers. Frequent contact with external contractors/vendors. Expertise: Qualifications -Education/Experience/Training/Etc Required: Bachelor’s degree in Business or a related field. 1-3 years of experience with pricing, data analysis, or business analytics. Strong analytical and problem-solving skills. Interest in using AI and emerging technologies to support deal modeling and business analysis. Ability to travel occasionally for business. Valid driver’s license and passport. Preferred: Power BI certification or experience with Power BI. Experience in the medical device or healthcare industry. While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to handle or feel and reach with hands and arms. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 20 pounds. Responsibilities: Other Duties: The preceding functions have been provided as examples of the types of work performed by employees assigned to this position. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed in this description are representative of the knowledge, skill, and/or ability required. Management reserves the right to add, modify, change or rescind the work assignments of different positions due to reasonable accommodation or other reasons. Physical Demands: While performing the duties of this job, the employee is expected to: Light work - Exerting up to 20 lbs of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects. Lifting, Carrying, Pushing, Pulling and Reaching: Occasionally: Reaching upward and downward, Push/pull, Stand Frequently:Sit Constantly:N/A Activities: Occasionally:Climbing stairs/ladders, Push/pull, Reaching upward and downward, Standing, Walking Frequently:Finger feeling, Hearing - ordinary, fine distinction, loud (hearing protection required), Seeing - depth perception, color vision, field of vision/peripheral, Sitting , Talking - ordinary, loud/quick Constantly:N/A Environmental Conditions: Occasionally:N/A Frequently:N/A Constantly:N/A Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Noise Intensity:Moderate Occasionally:Other Frequently:N/A Constantly:Office environment Salary Range: $70,000-$80,000 The targeted range for this role takes into account a range of factors that are considered when making compensation and hiring decisions; included but not limited to: skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. Compensation decisions are dependent on the facts and circumstances of each case. The range provided is a reasonable estimate. B. Braun offers an excellent benefits package, which includes healthcare, a 401(k) plan, and tuition reimbursement. To learn m