Lenovo Vacancy-2022

Lenovo Vacancy-2022 


Lenovo is hiring for an experienced Senior Pricing Analyst, Solutions & Services Group at their Bangalore location to develop and execute the global pricing strategy for International IDG (Intelligent Device Group) Services. The role is responsible for continuously enhancing the pricing process to service customers, which will result in increased sales and profit for the organization.

Lenovo Vacancy-2022

The complete details of this job are as follows:

Qualifications for this Job:

  • A bachelor’s degree in mathematics, statistics, finance, economics, or in a related field.
  • 8+ years of experience
  • Data processing skills in SQL.
  • A master’s degree in business administration will be advantageous.
  • A minimum of five years’ experience as a pricing consultant in a similar industry.
  • In-depth knowledge of statistical methods and data analysis.

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What will You be Doing:

  • Assessing Cost, Price, Market data from a variety of sources to gain insights into pricing strategies and market trends.
  • Crawl competitor pricing and market trends to increase market share and profitability.
  • Identify leakage buckets within Price waterfall and find ways to increase profit
  • Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.
  • Recommending pricing strategies that align closely with market trends and identifying new market segments.
  • Forecasting Product Offering mix based on HW trends, production costs, profit margins, and sales volumes.
  • Collaborating with sales and marketing departments on developing and implementing competitive pricing strategies.
  • Developing dynamic pricing tools to effectively respond to changing market needs and trends.
  • Preparing and presenting pricing analysis findings to executives, marketing teams, and sales staff.
  • Keeping informed on pricing analysis methods and industry trends.
  • Develop Price band analysis and find ways to improve profit
  • Develop reports to track & monitor the pricing projects and associated activities on various product lines and market segments.
  • Develop tools for estimating cost for quotes for new products. Develop value pricing model and implement it for all new products.
  • Be a subject matter expert for all things related to Pricing.
  • Perform business analysis, market analysis and support managerial decision making.

What Skills are Needed:

  • Ability to dig into detail, manage complexity and drive decision making
  • Experience working with pricing packages such as PROS and the like
  • Extensive experience in analyzing pricing strategies and forecasting revenue and market share.
  • Experience in collaborating on pricing strategies with sales and marketing departments.
  • Ability to keep abreast of industry trends and develop dynamic pricing tools.
  • Advanced ability to present pricing analysis reports to relevant stakeholders.
  • Certifications in Pricing and active membership in related associations would be beneficial.

How to apply

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