Trainee Pricing Engineer
| Desired Experience in Years | : | 0-6 Months |
| Number of Openings | : | 2 |
| Location/s | : | Hyderabad |
| Salary Range | : | 2.5 LPA to 3 LPA Plus Other Allowances |
As a Junior Hardware Product Pricing Engineer, you will work closely with cross-functional teams to develop and implement pricing strategies that balance profitability with competitiveness in the market. Your role will involve analyzing market trends, competitor pricing strategies, and product costs to develop and implement effective pricing strategies. You will also use data analytics to monitor pricing effectiveness and identify opportunities for optimization.
To be successful in this role, you will need to have strong analytical skills, attention to detail, and the ability to work collaboratively with cross-functional teams. You should be able to think strategically and have a passion for using data to drive decision-making.
If you have a strong understanding of pricing strategies, a passion for IT hardware products, and a desire to drive business growth through effective pricing strategies, then we want to hear from you.
Responsibilities
Coordinating with vendors and getting updated prices for our products.
Clearing the Salesperson's concerns regarding prices.
Finding the new best prices from our vendors.
Need to work on a monthly price list and should have regular updates towards it.
Performing activities related to customer pricing such as bid requests, price exceptions.
Identify and research pricing issues.
Analyze pricing data from industry standards, previous sales trends and competitors and report data to decision-makers.
Finding the cause to reduce the Product price.
Ensures price check calls are responded to in a timely and consistent manner.
Maintains current knowledge of relevant pricing procedures and practices.
Requirements
Education: B.com or M.com (batch ranging from 2020 to 2022)
Experience: 0 to 6 months of experience in any field.
Age: Minimum 20 Years to Maximum 25 Years.
Strong analytical skills are necessary to compare sales trends and determine market data.
Excellent written and verbal communication skills.
Good mathematical skills.
Excellent knowledge in Ms office.
Ability to work in a team.
Person who is good at multitasking.
Immediate joiners are preferred.
Benefits/ Compensation
Salary - Best in the Industry.
Incentive - Best in the Industry.
Medical Policy for the Candidate Family.
Career Growth.
Company Mission
Current India is walking towards Atmanirbhar Bharat, and the Government of India has taken a huge initiative at the policy-making level to make it happen by releasing the Vision Document on Electronics Manufacturing Roadmap to make India a powerhouse to reach USD 300Bn in electronics manufacturing by 2026 from a current USD 75Bn.
Make in India (MII) is one such subset Initiative where the Government of India has asked all Government Departments (55,000 in GeM) to buy only Make In India IT Hardware products (where local content is 51% or Class 1 Supplier) this has opened the doors for many Indian brands like RDP to take part in nations mission by manufacturing most affordable high quality make in India IT Hardware products from India to the World by becoming Local Champions.
PLI (Production Linked Incentives) is also a special incentive by the Government of India to local manufacturers to be competitive in the global markets.
