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Pricing Specialist

Company: Sumitomo Electric Group
Location: Mount Prospect
Posted on: June 24, 2022

Job Description:

Sumitomo Electric Carbide, Inc. is one of the largest carbide manufacturers in the world. Sumitomo has been operating in the United States since 1979 with multiple US based tooling manufacturing facilities. A technology first mentality has driven Sumitomo to be a leader in product development, quality and customer satisfaction. Sumitomo Electric employs over 250,000 people globally throughout 40 countries, more than 3,500 of which are part of the Hard Metals division. Sumitomo develops, manufactures and brings to market the finest cutting tools in the industry. We strive for excellence, so we require the best. A rapidly growing company with ever expanding opportunities for employee growth has made Sumitomo a great career choice.

We currently are looking for a Product Planning Specialist to join our Product Management Department (PMD) reporting to the PMD Assistant Manager. In this integral role you will be responsible for the following:


* Evaluate market pricing of new and existing product, and make proposals to introduce or change pricing of said product
* Analyze market trends in the industry and for responsible product(s) to give management a deeper understanding of the market
* Work closely with our sales force, distributors and end users to obtain accurate market information in a professional manner
* Gain a strong knowledge of the industry, our product and our internal systems.
* Respond quickly to requests for information from management or the sales force
* Occasionally assist in planning of product use for regional and international exhibitions
* Assist management with monthly reports and presentation development as needed


To be successful in the role of Product Planning Specialist you must possess the following qualifications:

* A bachelor's degree in either Marketing, Business, Economics, or a STEM field related to the manufacturing industry along with 2 years of industry experience
* In lieu of a bachelor's degree, an associate's degree with 3-5 years related experience
* Proficiency with Microsoft Office (Outlook, Word, Excel, Powerpoint). Advanced knowledge of Excel (functions, pivot tables, v-lookups, graphs, formulas)
* Tooling industry experience is a plus
* Experience in Microsoft Project is a plus
* Mathematical understanding of common business mathematics (e.g., profit/loss) is a plus.

Keywords: Sumitomo Electric Group, Mount Prospect , Pricing Specialist, Other , Mount Prospect, Illinois

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