Pricing Manager Central and Eastern Europe (CEE) - Budapest

at  Stanley Black Decker

THE PERSON (REQUIREMENTS):

• Bachelor’s degree in Business, Economics, Finance, or a related field. An MBA is a plus.
• Minimum of 5 years of experience in pricing strategy, preferably in a manufacturing or consumer goods environment.
• Strong analytical and quantitative skills, with the ability to use data and metrics to back up assumptions and develop business cases.
• Strongly desired: Webscrapping data analysis, Elasticity Data calculation, Linear Regression Model for Value-Based Pricing.
• Proficient in pricing software and tools, advanced MS Excel.
• Fluent English language
• Excellent communication and presentation skills, capable of conveying complex information in a clear and persuasive manner.
• Proven leadership abilities and experience managing cross-functional projects.

WHO WE ARE

We’re the World’s largest tool company. We’re industry visionaries. We’re solving problems and advancing the manufacturing trade through innovative technology and our Industry 4.0 Initiative. We are committed to ensuring our state-of-the-art “smart factory” products and services provide greater quality to our customers & greater environmental and social value to our planet. We are unique in that we have a rich and storied history dating back to 1843, but that hasn’t stopped us from evolving into a vibrant, diverse, global growth company.

PURPOSE

As a Pricing Manager, you will play a pivotal role in shaping the pricing strategy across our diverse portfolio of products. Your expertise will directly impact our competitive positioning, profitability, and market share. We are looking for a strategic thinker with a proven track record in NPD (New Product Development), Core Pricing, and Portfolio Management.

THE JOB (RESPONSIBILITIES):

• NPD (New Product Development) Pricing: Lead the pricing strategy for new product launches, ensuring optimal positioning in the market. Work closely with the product development and marketing teams to analyze market trends, costs, and competitive pricing to set introductory prices that maximize revenue and market penetration.
• Core Pricing Management: Develop and implement pricing strategies for existing products, balancing profitability and market competitiveness. Utilize data-driven insights to adjust pricing models, respond to market changes, and meet financial objectives. Continuously evaluate and optimize pricing structures and discount frameworks to drive sales and profitability.
• Portfolio Management: Oversee the pricing aspect of the entire product portfolio, ensuring consistency and strategic alignment across different categories and regions. Conduct comprehensive portfolio analysis to identify opportunities for price optimization, product rationalization, and growth. Collaborate with cross-functional teams to execute pricing strategies that enhance product value and customer satisfaction.

PURPOSE-DRIVEN COMPANY:

You’ll help us continue to make positive changes in the local communities where we work and live as well as in the broader world through volunteerism, giving back and sustainable business practices