Pricing / Inventory Job Description

Pricing / Inventory Job Description

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Pricing / inventory provides support to the maintenance department by processing all paperwork, track parts usage and input data into computer systems related to PM’s, work orders, Downtime, Environmental items, etc.

Pricing / Inventory Duties & Responsibilities

To write an effective pricing / inventory job description, begin by listing detailed duties, responsibilities and expectations. We have included pricing / inventory job description templates that you can modify and use.

Sample responsibilities for this position include:

Review and authorize insertion orders for National Sales, to validate inventory commitments can be fulfilled and to approve any pricing discounts being offered
Assist with pricing & analyzing upfront & scatter packages
Interact with Sales Operations, IT, Research, Sales Planning and Finance departments regarding deal maintenance
Execute regular checks on inventory movements to and from the stores
Access standard reports from FreeWheel and DSM/DFP ad sales systems and third party vendors (e.g., Campaign Pacing Reports, Avails Reports, Revenue Reports, and Stewardship/Quarterly/Monthly Post Reports)
Review of all change notice requests from the ad sales team for non-linear deals
Produce or assist in the production of analytical reports (e.g., CPM analysis, Weekly Closed Business, Pending/Pipeline Business, Remainder Analysis, Inventory Utilization Reports)
Work with the PPIM Manager to reconcile product lines/sales schedule entered in ad sales systems (FreeWheel/DSM/DFP) and to resolve any resulting inventory conflicts/re-expressions
Communicate sales strategy to planners /assistants as needed
Manage day to day inventory conflicts

Pricing / Inventory Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Pricing / Inventory

List any licenses or certifications required by the position: APICS, ISM

Education for Pricing / Inventory

Typically a job would require a certain level of education.

Employers hiring for the pricing / inventory job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Graduate, Finance, Science, Hospitality, Statistics, Computer Science, MBA, Economics, Engineering

Skills for Pricing / Inventory

Desired skills for pricing / inventory include:

Computer systems and comfortable using them
Computer systems and is comfortable using them
Insertion
Traffic and billing systems
Agile approaches: XP
Computer programs and ability to learn new technologies quickly
Conflict resolution
Continual improvement
Crystal
Data visualization software

Desired experience for pricing / inventory includes:

Direct planners and assistants regarding established procedures as needed
Be deeply immersed in the inventory and revenue data
Analyze pricing and inventory data to help inform sales strategy for both individual platforms cross-platform deals across our five platforms
Deliver analysis and recommendations on inventory allocation, pricing, and systems improvements to management team
Experience in new product pricing and creation including forecasting analysis to determine product viability, possible revenue and recommendations on ad product priorities
Create and implement strategies that drive growth, optimize pricing, and accurately and holistically report on business performance

Pricing / Inventory Examples

1

Pricing / Inventory Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of pricing / inventory. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for pricing / inventory
  • Develop and manage Ad Sales Rate Cards across brands from an operational and strategic perspective
  • Be able to communicate & present complex data in a simple and easy-to-understand manner
  • Provides guidance with training and support to build capabilities across the organization
  • Ensures the effective use of resources in a dynamic environment while managing towards budget
  • Develops and maintains effective relationships with both internal and external partners across the organization
  • Engages leadership to develop and execute action plans to address gaps in capabilities
  • Experience in balancing sales goals with rigorous inventory and pricing management goals
  • Builds teams with the appropriate mix of talent and skills to drive innovation and performance
  • Sets clear organizational goals and expectations for direct reports using the performance review process and holds team accountable for performance
  • Initiates and/or manages the change process and energizes it on an ongoing basis, taking steps to remove barriers or accelerate its pace
Qualifications for pricing / inventory
  • Supports employees and business partners with diverse styles, abilities, motivations, and/or cultural perspectives
  • 10+ years management experience in advertising, marketing, analytics, or related function, demonstrating progressive career growth and pattern of exceptional performance
  • Proficient in Digital, TV, Radio, & Print media platforms
  • Ability to inspire change in a dynamic environment
  • Strong experience and comfort level dealing with senior management
  • Deliver analysis and recommendations on inventory allocation and pricing
2

Pricing / Inventory Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of pricing / inventory. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for pricing / inventory
  • Lead a team of cross platform Pricing and Inventory Analysts and also be the expert on all things TV
  • Work with leadership to develop and manage Ad Sales Rate Cards across brands from an operational and strategic perspective
  • Communicate & present complex data in a simple and easy-to-understand manner
  • Develop and maintains effective relationships with both internal and external partners across the organization
  • Gain experience in balancing sales goals with rigorous inventory and pricing management goals
  • Support employees and business partners with diverse styles, abilities, motivations, and/or cultural perspectives
  • Create and maintain digital advertising inventory and rates for the entire USA TODAY Network, in support of both direct and programmatic sales channels
  • Track the delivery and monetization of all inventory, in order to produce historical and future looking reporting
  • Assist in the management of the digital advertising rate card for National Sales, setting rates for new ad products and adjusting rates for existing ad products based on historical yield, demand, sell-through rates, and industry trends
  • Define the optimal inventory levels based on healthiness criteria and set up mechanisms to achieve these goals
Qualifications for pricing / inventory
  • Assess the methodologies and processes used to develop and manage models, identifying potential weaknesses and the associated materiality of the risk
  • Leverage insights to influence Senior Management and drive business value
  • 4+ years of experience in a broad range of data science and statistical modeling methodologies
  • Demonstrated ability to explain novel and standard modeling methods, both to fellow analysts and other colleagues
  • Experience managing model development projects and supporting analytical models deployed within critical business processes
  • Strong influencing skills, which are applied effectively at all levels of an organization and across multiple functions
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Pricing / Inventory Job Description

Job Description Example
Our growing company is looking to fill the role of pricing / inventory. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for pricing / inventory
  • Always look to develop consistency wherever possible and appropriate and share best practices across the EU marketplaces
  • Achieve the above through project management and coordination of improvement activities, coordinating between technology teams, customer services and in-country retail teams
  • Work at both the strategic level (shaping overall EU used strategy and identifying new opportunities) and at the tactical level (measuring and optimizing performance data, building new features and solving problems)
  • Determine the appropriate methods and systems of metrics for measuring and monitoring pricing & marketing effectiveness
  • Producing and/or assisting in the production of analytical reports
  • Competitively market price vehicles of all makes and models on a daily, weekly and monthly basis
  • Provide high level analytical reports to determine pricing structures for the dealership
  • Interact with multiple business channels and departments to ensure all levels of pricing are optimized
  • Maintain growth and profitability through effective processes and procedures
  • Evaluate promotions and sales events using all available reporting tools
Qualifications for pricing / inventory
  • Undergraduate degree in a quantitative discipline (math, statistics, operations research, economics, physics, engineering)
  • Experience using SQL and Python to analyze big data sets a plus
  • Graduate degree in statistics, data science or related field a plus
  • Bachelor’s degree in business, marketing, technology, or equivalent
  • Broad understanding of advertising industry, digital ad sales, online ad delivery, ad serving applications, and contract management systems is desired
  • Advanced knowledge of Microsoft Office, particularly Excel
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Pricing / Inventory Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of pricing / inventory. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for pricing / inventory
  • Extracts data from the all sources available of record using SQL or other methods to perform analytics that result in actionable solutions based off of business initiatives
  • Demonstrates flexibility and resilience in response to obstacles, time restraints and adversity
  • Communicates results of analysis effectively to executive management to drive key decisions
  • Be the business expert on all things pricing related and be pro-active in making recommendations to help develop pricing strategy
  • Pricing & Inventory
  • Work with P&I team to improve yield and maximise revenue and support the management of EMEA buyouts via the online calendar
  • Support the team build pricing packages on new and existing propositions for the sales team to take to market
  • Deliver weekly inventory and monthly KPI reporting across the ad sales business
  • Regular communication of inventory and product updates, while minimising risk and suggesting proactive solutions to issues which arise
  • Investigate and resolve delivery/performance issues on both programmatic and direct deals, including the monitoring of delivery with key advertising campaigns and optimise where necessary
Qualifications for pricing / inventory
  • Ideal candidate would have an MBA or advance degree in finance, engineering or other quantitative areas and degrees
  • Multiple years’ experience in product management, inventory management or pricing
  • Demonstrated ability to partner with multiple teams and lead by influence, including the delivery of cross functional projects
  • Decisive sense of customer obsession, always putting the customer first, even if this might put a risk to a personal goal
  • Excellent working knowledge of Microsoft Office software and SQL knowledge a plus
  • Knowledge of additional EU languages desirable (French, German, Italian or Spanish) but not essential
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Pricing / Inventory Job Description

Job Description Example
Our growing company is looking for a pricing / inventory. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for pricing / inventory
  • Completing purchasing and cycle counts as needed
  • Weekly pipeline reporting and spending analysis for Direct Response revenue
  • Collaborate with VP of Direct Response and Pricing & Inventory to maximize inventory value and identify potential risks and opportunities
  • Provide Ad Sales with ad hoc reports with primary focus being Direct Response group
  • Focus on devising innovative ways to maximize profits for VMN Ad Sales group
  • Assist with quarterly budget modeling and weekly revenue forecasting across VMN
  • Tentpole and program analysis
  • Planning analysis for UF and Scatter markets
  • Weekly VMN liability reporting and analysis
  • Maintain Pricing & Inventory dashboard database
Qualifications for pricing / inventory
  • Must be willing to work in Fort Lee, NJ and New York, NY
  • Bachelor's degree in Accounting/Finance/Economics or other related discipline required
  • International business and travel experience preferred
  • Travel industry experience preferred (hotels, tours & activities, theme park, cruises, airlines)
  • 2 years relevant experience in hospitality, pricing or yield management or other closely related field preferred
  • High levels of motivation, determination and commitment

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