Job Description
as Pricing Manager, EMEA Flavors (m/f/d)
in the area Sales, Customer Service & Origination
At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We're a global leader in human and animal nutrition and the world's premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over.
We develop, produce and market food and beverage ingredients at ADM WILD. Our portfolio ranges from natural flavors, extracts and colors, beverage bases and fruit preparations to functional ingredients and food service solutions.
Your Challenge
In your new role you will be responsible for developing and executing the pricing strategy for EMEA Flavors, effectively identifying product pricing, deal execution, pricing discipline and process development. In this position you will champion pricing with product managers and sales organization and embed a pricing and margin expansion mindset in the organization. You will work closely with product managers, sales, procurement, product development, supply chain and accounting teams.
- Perform price execution activities and set discipline by executing and enforcing standard processes for robust repeatable deal support and evaluation
- Responsible for fulfilling pricing requests from Sales and others, prepare and analyze pricing performance reporting, identifying pricing opportunities, and analyzing customer performance
- Review and support deal analysis using supporting materials, pricing tools, and data to determine acceptability and build end-to-end view on profitability
- Develop and execute the annual pricing strategy for assigned business and product lines to meet the company's revenue and margin growth requirements
- Identify opportunities to develop pricing tools including analyzing pricing models in collaboration with Pricing Analytics team
- Support a continuous margin improvement mindset by executing and communicating pricing decisions in alignment with the pricing strategy and the objectives of related pricing levers
- Work cross functionally to support pricing activities of strategic customer accounts with in-depth knowledge of customer contracts and pricing obligations
- Work closely with a global set of stakeholders on market conditions and material changes to execute periodic price and annual price increase
- Support adoption of pricing tools and performance reporting
- Prepare and give presentations to senior leadership as well as outside customers, as required
- Bachelor's degree in Business Management, Food Science (or equivalent experience/ background), or related business or technical degree supplemented with a minimum of 5+ years' relevant work experience with demonstrated success in:
- Change management leadership
- Strategic planning
- Implementation of new processes and systems
- Advanced degree in analytics, data modeling, statistics is a plus
- Experience with Power BI and large ERP systems (e.g. SAP) is a plus
- Strong strategic thinker that is considered a future leader
- Superior verbal and written communication skills with the ability to synthesize marketing and pricing information to draw insights and actionable recommendations (e.g., structure the problem, collect data, identify issues, and present results) and communicate with all levels of the organization
- Strong negotiating skills based on a thorough understanding of sales/marketing practices with the ability to create credibility and establish long-term relationships
- Demonstrated capacity to excel within fast-paced work environment
- Proven ability to manage multiple priorities effectively within a team-based work environment and ability to gain commitment from internal stakeholders
- Commitment to corporate ethics policies and safety programs
- Challenging tasks, short decision-making processes and a high level of personal responsibility in a modern work environment with flexible work time models
- Room for innovative thinking and growth
- A company culture which promotes continuous learning and diversity
- Excellent career opportunities in a world leading nutrition company
- An attractive remuneration including a variety of social benefits like subsidized health & fitness offers
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