What are the responsibilities and job description for the Pricing Coordinator position at The Food Source International, Inc.?
Summary/Objective
Pricing Coordinator with expertise in developing, maintaining, and optimizing pricing strategies to drive profitability and competitiveness. Skilled in analyzing market trends, competitor pricing, and cost structures to support data-driven decision-making. Adept at collaborating with cross-functional teams, including sales, finance, and supply chain, to ensure accurate and competitive pricing models. Highly organized with strong problem-solving abilities to enhance pricing efficiency and maximize revenue.
Essential Functions: The Pricing Coordinator is responsible for developing and maintaining pricing strategies by analyzing market trends, competitor pricing, and internal cost structures to ensure profitability and competitiveness. This role involves updating and managing price lists, monitoring pricing accuracy across various platforms, and collaborating with sales, finance, and supply chain teams to optimize pricing models. The Pricing Coordinator also supports promotional pricing strategies, ensures compliance with company policies, and provides data-driven insights to improve pricing decisions. Additionally, they troubleshoot pricing discrepancies, maintain accurate records in pricing systems, and assist in forecasting and reporting to drive business growth and efficiency.
Responsibilities/Skills/Abilities:
Supervisory responsibilities: None
Backup: Peer support
Physical Requirements:
Additional Eligibility Qualifications—N/A
EEO: We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity or any other characteristic protected by the law.
Pricing Coordinator with expertise in developing, maintaining, and optimizing pricing strategies to drive profitability and competitiveness. Skilled in analyzing market trends, competitor pricing, and cost structures to support data-driven decision-making. Adept at collaborating with cross-functional teams, including sales, finance, and supply chain, to ensure accurate and competitive pricing models. Highly organized with strong problem-solving abilities to enhance pricing efficiency and maximize revenue.
Essential Functions: The Pricing Coordinator is responsible for developing and maintaining pricing strategies by analyzing market trends, competitor pricing, and internal cost structures to ensure profitability and competitiveness. This role involves updating and managing price lists, monitoring pricing accuracy across various platforms, and collaborating with sales, finance, and supply chain teams to optimize pricing models. The Pricing Coordinator also supports promotional pricing strategies, ensures compliance with company policies, and provides data-driven insights to improve pricing decisions. Additionally, they troubleshoot pricing discrepancies, maintain accurate records in pricing systems, and assist in forecasting and reporting to drive business growth and efficiency.
Responsibilities/Skills/Abilities:
- Utilizes independent judgment to collect and analyze numbers, analyze markets for potential financial exposure, as well as maintain detailed and organized information.
- Has authority to make decisions on collecting cost information, forecasting future costs, assuring price quotes are delivered, understood, and maintained.
- Excellent communication skills; written and verbal
- Excellent time management skills
- Attention to detail and problem solving
- Strong organizational skills and ability to multitask
- KPI’s include: o Turnaround time for sales quotes
- Accuracy of forecasted costs oTransactional level margin success
- Accuracy of maintained price books, quotes, pricing logs oSuccessful engagement to successfully win tendered business opportunities
- Low financial impact for unique stranded raw materials
- The job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice.
- 1 3 years of experience in pricing, finance, sales operations, or a related field.
- Experience analyzing market trends, competitor pricing, and cost structures to support pricing strategies.
- A background in retail, manufacturing, distribution, or corporate pricing environments is preferred.
- Knowledge of margin analysis, profit optimization, and pricing strategies to maximize revenue and competitiveness.
- Experience in preparing pricing reports, forecasts, and insights to drive strategic decisionmaking.
- Bachelor’s degree in Accounting, Business Administration, Economics, Business Information Systems or related
- Strong understanding of pricing strategies, cost analysis, and market dynamics.
- Proficiency in Microsoft Excel (VLOOKUP, pivot tables, macros, etc.) and other data analysis tools.
- Knowledge of financial modeling, margin analysis, and profitability metrics.
- Familiarity with competitive pricing analysis and industry benchmarking.
- Ability to interpret pricing policies, regulations, and compliance requirements.
- Understanding of supply chain operations and product lifecycle pricing.
Supervisory responsibilities: None
Backup: Peer support
Physical Requirements:
- Ability to work from Exton, PA office
- The work environment: temperature, noise level, inside or outside, or other factors that will affect the person's working conditions while performing the job.
- Fulltime Office hours are typically 8:305:00pm, MondayFriday with occasional overtime.
Additional Eligibility Qualifications—N/A
EEO: We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity or any other characteristic protected by the law.