Product Manager

Company Description

Regal Rexnord is a global leader in manufacturing sustainable solutions that power, transmit, and control motion, with over 30,000 associates worldwide. Our products support HVAC systems, power smart buildings, enable agricultural and food service equipment, and drive e-commerce conveyor systems. Operating through four key segments—Automation & Motion Control, Industrial Powertrain Solutions, Power Efficiency Solutions, and Industrial Systems—we are headquartered in Milwaukee, Wisconsin, and have a strong global presence through manufacturing, sales, and service facilities.

At Regal Rexnord, we are committed to creating a better tomorrow through innovation and sustainability.

Position:
Pricing Specialist

Location:

Grafton, WI

Remote Type:
Remote

Reports To:

Director, Pricing

• Supports PES North America execution of Pricing related Policy Deployment and CI Roadmap strategies
• Supports Product Management team to gather and review market level pricing and execute pricing and program enhancements
• Supports growth strategies related to price and customer programs and executes related price updates
• Validates pricing execution effectiveness and supports pricing discrepancy resolution, while identifying root causes for issues and recommending and implementing corrective actions with Sales, Customer Service, Finance, & Pricing teams
• Understands the industry economics, applications, and Rexnord products/value to the customer.
• Understand and propose pricing/discounting strategies for the various industries.
• Develop and utilize 80/20 skills to support Product Management on portfolio analysis and identification of opportunities to take pricing action
• Provides technical guidance collaborating with product management and marketing to develop pricing strategies for assigned segment(s) and realize optimum price performance.
• Executes North America (US, Canada, Mexico) business pricing strategy to Oracle ERP system in line with defined pricing structures and discounts.
• Collaborates with sales team to execute general price increases as part of the Segment Pricing Strategy.
• Collects, compiles, verifies, and analyses data from internal and external sources in order to develop recommendations for simplification of Oracle price execution.
• Researches and prepares reports using data from Oracle/CRM (Sales Force), and other computer systems.
• Consolidates information into cohesive and understandable reports or other written form for use in management decision-making.
• Identify opportunities to eliminate errors and implement process improvements
• Utilizing statistical, economic, and financial principles and techniques to prepare reports and summarize results for stakeholders.
• May provide technical leadership and assist in training less experienced analysts.
• Perform other duties and special projects as assigned

• Bachelor's degree or equivalent related experience (Technical degree preferred)
• 3-5 years relevant work experience in a similar B2B Marketing position.
• The ideal candidate is energetic, well organized self-managed, commercially minded, flexible, team-oriented and possesses strong integrity and professionalism.
• Ability to evaluate market opportunities, distil clear messages, and develop business strategies.
• Familiarity with 80/20 methodologies preferred
• Sense of accountability for sales and profitability
• Excellent automation knowledge, preferable Oracle and key Excel user
• Excellent analytical insight and good with financial Analysis & numbers.
• Firm personality; communicative strong in writing and verbal.
• Entrepreneurial and practical attitude.
• Self-starter and proactive independent worker, but also able to work in a participative team environment
• Objective critical thinking capabilities.
• Effective negotiator
• Good quantitative and analytical skills

Travel:
Minimal travel required

Language:
English

NOT OFFERING SPONSORSHIP:
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

• Medical, Dental, Vision and Prescription Drug Coverage
• Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
• Paid Time Off and Holidays
• 401k Retirement Plan with Matching Employer Contributions
• Life and Accidental Death & Dismemberment (AD&D) Insurance
• Paid Leaves
• Tuition Assistance