B. Braun Medical, Inc.
Product Pricing Advisor
US-PA-Bethlehem
Job ID: 2024-25108
Type: Hybrid Full Time
# of Openings: 1
Category: Strategic Pricing
B. Braun Medical Inc.
Overview
About B. Braun
B. Braun Medical Inc., a leader in infusion therapy and pain management, develops, manufactures, and markets innovative medical products and services to the healthcare industry. Other key product areas include nutrition, pharmacy admixture and compounding, ostomy and wound care, and dialysis. The company is committed to eliminating preventable treatment errors and enhancing patient, clinician and environmental safety. B. Braun Medical is headquartered in Bethlehem, Pa., and is part of the B. Braun Group of Companies in the U.S., which includes B. Braun Interventional Systems, Aesculap and CAPS.
Globally, the B. Braun Group of Companies employs more than 61,000 employees in 64 countries. Guided by its Sharing Expertise philosophy, B. Braun continuously exchanges knowledge with customers, partners and clinicians to address the critical issues of improving care and lowering costs. To learn more about B. Braun Medical, visit www.BBraunUSA.com.
Responsibilities
Position Summary:
Responsibilities: Essential Duties
- Make informed pricing recommendations based on data, value, market, customer, and competitive knowledge utilizing Pricing and Business Intelligence Systems
- Manage deals from beginning to final approval starting with working with Marketing Directors on the best recommendation for the specific customer segment/profile
- Monitor price-volume-margin tradeoffs of deals and provide recommendations to management
- Lead and direct pricing strategy formulation and take necessary pricing actions to enhance profitability, ensuring integrity and accuracy in all pricing matters
- Proactively highlight and act upon price and margin improvement opportunities utilizing, pocket price waterfall, price/volume/mix and other analytics
- Draft strategic pricing plans and processes to improve existing pricing project
- Define new business procedures, evaluate resource requirements and stimulate implementation or maintenance of pricing system
- Support the development and refinement of tools, policies, and procedures that enhance existing performance
- Assists team in determining optimized customer and product pricing using Value-Based Pricing methodologies and tools such as Economic Value Estimation or Perceived Value Map
- Works to develop a good understanding of the Core product portfolio, differentiated value, messaging, competitive landscape and market strategies.
- Perform analysis and prepare executive-level reports of findings and dashboards.
- Provides insights and analytics regarding sales, pricing, and market data to Senior Leadership within Marketing and Sales
- Acts as liaison to other functional areas as it relates to RFP, Bids and new business opportunities. Create strong interdepartmental links, relationships, and communication channels through bid processes by ensuring stakeholder buy-in and deal optimization. Manage entire Bid process from deal conceptualization to contracting phase
- Take active role in pricing and terms decisions of contracts. Provides feedback regarding proposals based on customer demographics and other external factors and data in pricing systems; demonstrate ability in assisting Marketing & Sales Leadership in closing new business and securing contract renewals.
- Support revenue and operating profit goals through price attainment. Proactively leverage business analytics (data visualization, data management and aggregation) in order to seek out price and margin improvement opportunities
- Present pricing insights in a logical format and able to confidently explain data, findings, and recommendations in a public speaking setting
The job function listed is not exhaustive and shall also include any responsibilities as assigned by the Supervisor and/or Manager from time to time. General: It shall be the duty of every employee while at work to take reasonable care for safety and health of himself/herself and other persons.
Expertise: Knowledge & Skills
- Requires basic knowledge of relevant business practices and procedures in professional field. Uses standard theories, principles and concepts and integrates them to propose a course of action.
- Works under direct supervision and from detailed verbal and/or written instructions. Uses established procedures to accomplish assigned task.
- Some degree of judgment required in resolving problems based on experience.
- Contacts are primarily with department supervisors, leads, subordinates, and peers. Frequent contact with external contractors/vendors.
#ID
#LI
#EL
Target Based Range
$64,200 to $74,200
Qualifications
Expertise: Qualifications -Education/Experience/Training/Etc
Required:
- Bachelor's degree required.
0-02 years related experience required.
- Applicable industry/professional certification preferred.
- Occasional business travel required, Valid driver's license and passport, Secrecy and invention agreement and non-compete agreement
While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to handle or feel and reach with hands and arms. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 20 pounds.
Additional Information
Responsibilities: Other Duties:
The preceding functions have been provided as examples of the types of work performed by employees assigned to this position. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed in this description are representative of the knowledge, skill, and/or ability required. Management reserves the right to add, modify, change or rescind the work assignments of different positions due to reasonable accommodation or other reasons.
Physical Demands:
While performing the duties of this job, the employee is expected to:
- Light work - Exerting up to 20 lbs of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects.
Lifting, Carrying, Pushing, Pulling and Reaching:
- Occasionally: Reaching upward and downward, Push/pull, Stand
- Frequently:Sit
- Constantly:N/A
Activities:
- Occasionally:Climbing stairs/ladders, Push/pull, Reaching upward and downward, Standing, Walking
- Frequently:Finger feeling, Hearing - ordinary, fine distinction, loud (hearing protection required), Seeing - depth perception, color vision, field of vision/peripheral, Sitting , Talking - ordinary, loud/quick
- Constantly:N/A
Environmental Conditions:
- Occasionally:N/A
- Frequently:N/A
- Constantly:N/A
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Noise Intensity:Moderate
- Occasionally:Other
- Frequently:N/A
- Constantly:Office environment
What We Offer
B. Braun offers an excellent benefits package, which includes healthcare, a 401(k) plan, and tuition reimbursement. To learn more about B. Braun and our safety healthcare products or view a listing of our employment opportunities, please visit us on the internet at www.bbraunusa.com. Through its Sharing Expertise initiative, B. Braun promotes best practices for continuous improvement of healthcare products and services.
Notices
Equal Opportunity Employer Veterans/Disabled
All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, age, marital status, pregnancy, genetic information, or other legally protected status.
PI255927085
