Pricing Coordinator - Purchasing and Pricing

Loeb Electric•Columbus, OH

About The Position

The Pricing Coordinator is responsible for managing and executing pricing strategies, maintaining accurate pricing records, and supporting pricing analysis to ensure competitive and profitable pricing structures. This role involves close collaboration with sales, vendors, and purchasing team to ensure pricing strategies align with overall business objectives.

Requirements

Highly organized and detail oriented.
Excellent interpersonal skills.
Strong customer service skills.
Strong written and verbal communication skills
Strong analytical and problem-solving skills.
High attention to detail and organizational abilities.
Excellent communication and interpersonal skills.
1–3 years of experience in pricing, purchasing or related role.
Prior working knowledge of purchasing and/or pricing.
Experience with pricing software and tools.
Proficiency using MS Office, including Outlook, Excel, Word and PowerPoint.
Advanced experience using Excel and functions such as filters, VLOOKUP, SUMIFS, and pivot tables.
Proficiency in Microsoft Excel and other data management tools; experience with ERP systems is a plus.
Highschool diploma or equivalent required.
College Degree or equivalent work experience.

Nice To Haves

Experience in the electrical industry preferred.

Responsibilities

Maintain and update pricing databases, tools, and systems with current product pricing and discount structures.
Analyze market trends, competitor pricing, and internal cost structures to recommend pricing adjustments and inform pricing decisions.
Assist in the development and implementation of pricing strategies aligned with business objectives.
Review and process pricing change requests from internal departments in a timely and accurate manner.
Serves as the point of contact for pricing inquiries or issues on assigned lines/products.
Generate pricing reports and provide insights to support strategic decisions.
Performs ad-hoc pricing analysis as needed.
Assists with maintenance of pricing tables.
Prepare pricing reports and present findings to management.
Identify opportunities for pricing optimization and recommend adjustments.
Maintains system pricing matrix.
Ensure pricing compliance across all customer contracts and sales agreements.
Collaborate with cross-functional teams to resolve pricing discrepancies and support new product launches.
Support audits and reviews related to pricing accuracy and adherence to policy.
Provide support to internal teams on pricing policies and procedures.
Ensures satisfaction of internal customers by providing updates and feedback as needed.
Supports the development and implementation of local sourcing strategies.
Compiles weekly and monthly purchasing reports.
Other duties as assigned.