Pricing Coordinator - Purchasing and Pricing

Pricing Coordinator - Purchasing and Pricing

Join the powerhouse electrical distributor in the construction industry! At Loeb Electric, we're more than just a distributorwe are the driving force that keeps innovation illuminated and businesses powered. We pride ourselves on being dedicated to our values:

• Encouraging the success of our people.
• Building relationships among ourselves, customers, vendors & other partners.
• Continuously striving to deliver high-quality, measurable results.
• Providing ideas & solutions for our customers.

The Pricing Coordinator is responsible for managing and executing pricing strategies, maintaining accurate pricing records, and supporting pricing analysis to ensure competitive and profitable pricing structures. This role involves close collaboration with sales, vendors, and purchasing team to ensure pricing strategies align with overall business objectives.

What you will be doing as a key player on our dynamic team:

• Maintain and update pricing databases, tools, and systems with current product pricing and discount structures.
• Analyze market trends, competitor pricing, and internal cost structures to recommend pricing adjustments and inform pricing decisions.
• Assist in the development and implementation of pricing strategies aligned with business objectives.
• Review and process pricing change requests from internal departments in a timely and accurate manner.
• Serves as the point of contact for pricing inquiries or issues on assigned lines/products.
• Generate pricing reports and provide insights to support strategic decisions.
• Performs ad-hoc pricing analysis as needed.
• Assists with maintenance of pricing tables.
• Prepare pricing reports and present findings to management.
• Identify opportunities for pricing optimization and recommend adjustments.
• Maintains system pricing matrix.
• Ensure pricing compliance across all customer contracts and sales agreements.
• Collaborate with cross-functional teams to resolve pricing discrepancies and support new product launches.
• Support audits and reviews related to pricing accuracy and adherence to policy.
• Provide support to internal teams on pricing policies and procedures.
• Ensures satisfaction of internal customers by providing updates and feedback as needed.
• Supports the development and implementation of local sourcing strategies.
• Compiles weekly and monthly purchasing reports.
• Other duties as assigned.

Core competencies:

• Highly organized and detail oriented.
• Excellent interpersonal skills.
• Strong customer service skills.
• Strong written and verbal communication skills
• Strong analytical and problem-solving skills.
• High attention to detail and organizational abilities.
• Excellent communication and interpersonal skills.

Experience:

• 13 years of experience in pricing, purchasing or related role.
• Prior working knowledge of purchasing and/or pricing.
• Experience with pricing software and tools.
• Experience in the electrical industry preferred.

Technical skills:

• Proficiency using MS Office, including Outlook, Excel, Word and PowerPoint.
• Advanced experience using Excel and functions such as filters, VLOOKUP, SUMIFS, and pivot tables.
• Proficiency in Microsoft Excel and other data management tools; experience with ERP systems is a plus.

Education:

• Highschool diploma or equivalent required.
• College Degree or equivalent work experience.

Essential job functions:

• Lifting/Carrying: Occasionally required to lift and carry office materials, files, or supplies weighing up to 20 pounds.
• Sitting/Standing/Walking: Prolonged periods of sitting at a desk using a computer; occasional standing, walking, or moving between departments or meeting locations.
• Reaching/Handling: Regular reaching, grasping, and handling of office materials; frequent use of hands and fingers for keyboarding, writing, filing, and operating office equipment.
• Vision: Specific vision abilities include close vision and the ability to adjust focus, necessary for reading documents, using a computer, and reviewing documents.
• Hearing/Speaking: Ability to communicate clearly and effectively in person, by phone, and in virtual/video meetings; ability to hear instructions and interact with team members and customers.
• Environmental Conditions: Work performed primarily in a professional office environment with minimal exposure to adverse conditions. May occasionally involve travel to other company sites, vendor locations, or offsite meetings.
• PPE Use: Generally not required; however, may occasionally be necessary depending on location (e.g., close toed shoes, high-visibility vest when visiting the warehouse).

EEO and Accommodations

Loeb Electric is an equal opportunity employer committed to fostering an inclusive, diverse, and equitable workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by federal, state, or local laws. Loeb Electric also considers qualified applicants with criminal histories in accordance with legal requirements. We welcome and encourage applications from individuals with disabilities. Reasonable accommodations are available throughout the selection processplease inform our Talent Acquisition team if you require accommodations during the interview process.