Job
Description
As a Pricing Analyst at ITT India, you play a critical role in managing global pricing activities for global/domestic accounts and providing insights to drive profitability and growth for the organisation. You will need a strong analytical mindset, excellent problem-solving skills, and the ability to work collaboratively with cross-functional teams. Responsibilities: - Lead discussions with business leaders to generate insights on customer price sensitivities, market intelligence, and profitability impacts for profit optimization. - Review BID/Tender/RFQ/Customer specs/TQ received from Sales/Application. - Float RFQ to Advance Procurement Team/vendor for Buyout offers. - Review & finalize Techno-commercial Vendor offers/TQ. - Coordinate closely with sales/Application team for Technical/commercial change/requirement. - Organize and participate in review meetings with customers/project consultants/vendors to freeze the requirement/deviation. - Conduct Technical Bid Evaluation for various bought-out items. - Prepare detailed techno-commercial offers. - Consider Inco term/duty benefits. - Develop and maintain pricing models to optimize pricing strategies and drive profitability. Skills/Knowledge sought: - Pump/Motor/Seal Plan knowledge. - Knowledge of API 610/682. - Understanding of Motors, Lub systems, or seal systems. - Knowledge of the Chemical and Oil & Gas industries. - Familiarity with Inco terms, Local Taxes, Duties, etc. - Experience with Application/Techno-commercial Proposal preparation. - Understanding of costing for large-size projects considering long-term project risks. - Strong interpersonal and communication skills. - Proactive and results-oriented mindset with the ability to prioritize and manage multiple projects simultaneously. Qualifications Required: - BE/Btech (Mech) with a minimum of 5 years of experience in the relevant industry. An MBA or advanced degree is a plus. In this dynamic environment at ITT India, we are continually learning and evolving. Our passion for success not only benefits ITT but also our employees, customers, and communities. As an ideal candidate for this position, we are looking for someone who excels in decision-making under pressure, clear communication and interpersonal skills, analytical mindset, adaptability and problem-solving abilities, customer-centric approach, and attention to detail. As a Pricing Analyst at ITT India, you play a critical role in managing global pricing activities for global/domestic accounts and providing insights to drive profitability and growth for the organisation. You will need a strong analytical mindset, excellent problem-solving skills, and the ability to work collaboratively with cross-functional teams. Responsibilities: - Lead discussions with business leaders to generate insights on customer price sensitivities, market intelligence, and profitability impacts for profit optimization. - Review BID/Tender/RFQ/Customer specs/TQ received from Sales/Application. - Float RFQ to Advance Procurement Team/vendor for Buyout offers. - Review & finalize Techno-commercial Vendor offers/TQ. - Coordinate closely with sales/Application team for Technical/commercial change/requirement. - Organize and participate in review meetings with customers/project consultants/vendors to freeze the requirement/deviation. - Conduct Technical Bid Evaluation for various bought-out items. - Prepare detailed techno-commercial offers. - Consider Inco term/duty benefits. - Develop and maintain pricing models to optimize pricing strategies and drive profitability. Skills/Knowledge sought: - Pump/Motor/Seal Plan knowledge. - Knowledge of API 610/682. - Understanding of Motors, Lub systems, or seal systems. - Knowledge of the Chemical and Oil & Gas industries. - Familiarity with Inco terms, Local Taxes, Duties, etc. - Experience with Application/Techno-commercial Proposal preparation. - Understanding of costing for large-size projects considering long-term project risks. - Strong interpersonal and communication skills. - Proactive and results-oriented mindset with the ability to prioritize and manage multiple projects simultaneously. Qualifications Required: - BE/Btech (Mech) with a minimum of 5 years of experience in the relevant industry. An MBA or advanced degree is a plus. In this dynamic environment at ITT India, we are continually learning and evolving. Our passion for success not only benefits ITT but also our employees, customers, and communities. As an ideal candidate for this position, we are looking for someone who excels in decision-making under pressure, clear communication and interpersonal skills, analytical mindset, adaptability and problem-solving abilities, customer-centric approach, and attention to detail.
