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    Pricing Executive - Dubai, United Arab Emirates - Al-Futtaim Automotive

    Al-Futtaim Automotive
    Al-Futtaim Automotive Dubai, United Arab Emirates

    1 week ago

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    Description
    • Collaborate with cross-functional teams to implement pricing strategies for automotive aftermarket products and services, including tier 1 workshop services.
    • Work closely with the B2C Pricing Manager in preparing financial impact analyses.
    • Ensure new automotive brands and models are accurately implemented and maintained within pricing structures.
    • Utilize statistical analysis and data visualization techniques to create solutions that enhance business performance, covering tier 1 workshop services.
    • Create illustrations and visualizations of data that are easily comprehensible to non-technical stakeholders, communicating modeling results as measures of the business's impact on tier 1 workshop services.

    Data Analysis and Model Performance Monitoring

    • Collect and analyze pricing data, using large data sets to identify opportunities for product and process optimization, including tier 1 workshop services.
    • Identify relevant pricing data sources and sets to mine, including structured and unstructured pricing datasets and variables.
    • Develop processes and tools to monitor and analyze model performance and data accuracy, especially for tier 1 workshop services.
    • Create automated anomaly detection systems and constantly track their performance.
    • Support ad-hoc inquiries by modeling the impact and effect of various scenarios related to tier 1 workshop services.
    • Utilize EVHC data to identify sale potential through red and amber work not converted to sales order

    Price Optimization & Margin Monitoring

    • Conduct regular pricing reviews to ensure alignment with company objectives and market conditions, covering tier 1 workshop services.
    • Implement pricing changes and promotions as needed to drive sales and meet revenue targets for tier 1 workshop services.
    • Monitor and correct erroneous pricing, such as low or negative margins, while analyzing root causes.
    • Ensure vehicle model job pricing is up to date and maintained within the online portal.
    • Ensure margins are in line with business structures and factors, utilizing pricing solution software.

    Menu Pricing Management and Fixed Job Matrix Pricing

    • Maintain menu pricing solutions, ensuring existing structures reflect as intended, including tier 1 workshop services.
    • Incorporate new vehicle models and brands into menu pricing structures, including tier 1 workshop services.
    • Identify new jobs for inclusion in menu pricing and model the ideal position and profitable pricing for these additions, with a focus on tier 1 workshop services.
    • Identify and refine process efficiencies, including new logic for APP (Automotive Parts Pricing), to enhance tier 1 workshop services.
    • Ensure products remain in line with business-approved logics, particularly for tier 1 workshop services.
    • Monitoring and ensuring the maximum usage of company developed and approved customer centric rates, highlighting under usage to performance management team.
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