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Pricing Coordinator

 

Overview

A role that acts as a conduit between commodity traders, commodity marketers and company administration.

 

pricing coordinator

 

What responsibilities will I have?

  • Ensure that accurate pricing for goods and services is provided to purchasing and sales staff
  • Lead design and management of price tests as well as customer segmentation to tailor pricing actions based on expected behavior of pricing segments
  • Provide daily summaries of products purchased and sold
  • Manage third party vendor relationships for competitor monitoring and consumer research
  • Work with other teams (ex. Marketing, sales, sourcing etc.) to ensure that business needs for pricing and cost communication are met
  • Ensure that the systems required for data support are checked and confirmed daily
  • Provide feedback to merchants and sales managers regarding competitor activity
  • Continually review feedback for selling and purchasing opportunities
  • Review costs to lessen price discrepancies

 

What education and training is required?

An associate’s or bachelor’s degree in agricultural business finance or accounting is required to be a pricing coordinator.

 

To pursue a career as pricing coordinator:

The following high school courses are recommended:  agricultural education, Spanish, mathematics, and personal finance.

 

Where can I work?

As a pricing coordinator you can work for any organization that sells a product or service to drive pricing decisions and monitor sales.  Typically larger companies have someone in a dedicated role of pricing coordinator.

 

Future Job Market/Outlook

The future outlook for a pricing coordinator will be good over the next five years. 

 

Suggested Professional Organizations and Associations

  • Professional Pricing Society
  • National FFA Alumni Association
  • North American Export Grain Association
  • American Farm Bureau Federation