Pricing Associate

Job Purpose:  

The new parts pricing process enables Caterpillar customers, through the dealer network, to purchase replacement parts for Caterpillar machines. The purpose of this role is to establish published Dealer Net prices for all newly released Caterpillar parts by gathering and analyzing part attribute data, properly classifying the information, and correctly applying the approved formula.  

Pricing Associates are challenged to identify problems quickly and accurately following standard processes and consulting the responsible pricing analyst. The New Parts Pricing function impacts key quality goals including Customer Satisfaction, Continuous Improvement, Timeliness, Accuracy, Efficiency, Process Quality, etc. 

Job Responsibilities:  

• Research corporate and Pricing systems, tools, and applications to gather and analyze data needed to classify and price parts.  

• Review and interpret engineering drawings and technical specifications, and when needed, obtains data not shown on prints or costs not in corporate systems by contacting the appropriate Engineering, Manufacturing, Accounting, Purchasing, and Logistics personnel 

• Analyze and draw data insights to properly assign Parts Product Classification (PPC) 

• Calculate and enter pricing data into the Pricing system based on completed analysis.  

• Work incoming requests in a prioritized manner.  High priority requests must immediately be established to enable a part to be invoiced and shipped from parts distribution facilities 

• Participates in onboarding and training of new team members 

• Actively participates as a team member on projects in support of Global Parts Pricing initiatives.  

Job Requirements:  

• Interpret blueprints or have the ability to learn on the job 

• Possess technical knowledge and strong analytical skills 

• Proficient use of Microsoft Office tools including Excel, PowerPoint and Word 

• Develop additional skills (i.e. Run Snowflake queries) to extract and analyze pertinent pricing data. 

• Promote a professional working environment through collaborative interactions with coworkers, support partners and dealers 

Desired Qualifications:  

• Associates or Bachelors degree preferred 

• Equivalent job-related experience accepted 

• Previous parts or pricing experience 

Skill Descriptors:  

Customer Focus : Knowledge of the values and practices that align customer needs and satisfaction as primary considerations in all business. 

Level: Basic Understanding  

• Focuses activities on developing and maintaining positive customer relationships. 

• Understands why customer satisfaction is important to successful product delivery. 

Data Gathering & Analysis: Knowledge of data gathering and analysis tools, techniques, and processes; ability to collect and synthesize data from a variety of stakeholders and sources in an objective manner to reach a conclusion, goal, or judgment.  

Level: Basic Understanding 

• Recognizes alternative data-gathering techniques and tools and their intended use. 

• Follows standard data-gathering processes 

Decision Making and Critical Thinking : Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.  

Level: Basic Understanding  

• Explains characteristics and steps in an effective decision-making process. 

• Identifies issues and communicates with others when a decision needs to be made. 

• Escalates as appropriate and provides fact-based recommendations to support informed decision making. 

• Learns types of decisions incumbent may and may not make in this function. 

Effective Communications : Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.  

Level: Basic Understanding 

• Describes non-verbal behaviors that influence the interpretation of the message. 

• Cites examples of effective and ineffective communications. 

• Explains the importance of effective business communication. 

• Speaks and writes using correct language, mechanics, and gestures. 

Relationship Management : Knowledge of relationship management techniques; ability to establish and maintain healthy working relationships with clients, vendors, and peers.  

Level: Basic Understanding 

• Familiar with characteristics of effective business relationships. 

• Identifies key business relationships in the Pricing organization. 

• Describes the nature of a productive business relationship. 

• Explains the benefits of building business partnerships. 

Additional Information:  

Caterpillar is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status; however, as a global company, Caterpillar offers many job opportunities outside of the U.S. which can be found through our employment website at  www.caterpillar.com/careers  

Employee benefit details:

Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world.

Here you earn more than just an hourly wage, because we value your performance, we offer a total rewards package that provides day one benefits (medical, dental, vision, RX, and 401K) along with a yearly STIP bonus.

Additional benefits include paid vacation days and paid holidays (prorated based upon hire date).

Final details:

Please frequently check the email associated with your application, including the junk/spam folder, as this is the primary correspondence method. If you wish to know the status of your application – please use the candidate log-in on our career website as it will reflect any updates to your status.

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