General Information

Req #
Career area:
Selangor Darul Ehsan
Wednesday, March 1, 2023
Working time:
Additional Locations
* Malaysia - Selangor

Why Work at Lenovo

Here at Lenovo, we believe in smarter technology that builds a brighter, more sustainable and inclusive future for our customers, colleagues, communities, and the planet.

And we go big. No, not big—huge.

We’re not just a US$70 billion revenue Fortune Global 500 company, we’re one of Fortune’s Most Admired. We’re transforming the world through intelligent transformation, offering the world’s most complete portfolio of smart devices, infrastructure, and solutions. With more than 71,500 employees doing business in 180 markets, we help millions—not just the select few—experience our version of a smarter future.

The one thing that’s missing? Well… you...

Description and Requirements

We are Lenovo. We do what we say. We own what we do. We WOW our customers.

At Lenovo, we value Innovation, Entrepreneurship, Team Work & Serving our Customers. If you strongly align yourself with our culture & belief, you are at the right place. Check out the Job description below for a rewarding career with us!!

The Intelligent Devices Group (IDG) is a global operation comprised of the PCs and Smart Devices (PCSD) business unit and the Mobile Business Group (MBG). We have more than 30 years of experience in PCs and nearly 40 years of experience with mobile phones. Our portfolio of products, solutions, software and services ranges from PCs and smartphones to smart collaboration and augmented and virtual reality (AR/VR) solutions. For more information please visit: Intelligent Device Group | Our Businesses | About Lenovo | Lenovo Malaysia

Pricing Business Manager

In this role, you will be responsible for determining the appropriate pricing for IDG’s Services offerings based on a variety of factors. This includes conducting market research to learn more about pricing for similar items, reviewing previous sales data and company revenue needs and deciding a market price for a range of products based on their findings, and comparing the outcomes of different pricing strategies.

You work closely with the sales, marketing, finance and product development teams. To ensure success as a pricing consultant, you should possess sound knowledge of quantitative and qualitative data analysis methods and experience in a similar role. An accomplished pricing consultant is someone who can translate pricing data into actionable profit-enhancing strategies.

You will:

  • Assess Cost, Price, Market data from a variety of sources to gain insights into pricing strategies and market trends.
  • Identify leakage buckets within Price waterfall and find ways to increase profit
  • Apply commercial acumen and statistical modeling methods to determine the potential impact of pricing strategies on profitability.
  • Recommend pricing strategies that align closely with market trends and identify new market segments.
  • Forecast Product Offering mix based on HW trends, production costs, profit margins, and sales volumes.
  • Collaborate with sales and marketing departments on developing and implementing competitive pricing strategies.
  • Develop dynamic pricing tools to effectively respond to changing market needs and trends.
  • Prepare and present pricing analysis findings to executives, marketing teams, and sales staff.
  • Develop Price band analysis and find ways to improve profit
  • Develop reports to track & monitor the pricing projects and associated activities on various product lines and market segments.
  • Develop tools for estimating costs for quotes for new products. Develop a value pricing model and implement it for all new products.
  • Be a subject matter expert for all things related to Pricing.
  • Perform business analysis, and market analysis and support managerial decision-making.

Your Expertise 

  • A bachelor's degree in business, mathematics, statistics, finance, economics, or in a related field.
  • A minimum of five years' experience as a pricing consultant in a similar industry.
  • In-depth knowledge of statistical methods and data analysis.
  • Ability to dig into the detail, manage complexity and drive decision making
  • Comfortable working on/creating PowerBI dashboards, reports
  • Data processing skills in SQL and experience working with large datasets/data warehouses will be beneficial
  • Experience working with pricing packages such as PROS and the likes
  • Extensive experience in analyzing pricing strategies and forecasting revenue and market share.
  • Experience in collaborating on pricing strategies with sales and marketing departments.
  • Ability to keep abreast of industry trends and develop dynamic pricing tools.
  • Advanced ability to present pricing analysis reports to relevant stakeholders.
  • Certifications in Pricing and active membership in related associations would be beneficial

What we offer

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We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any federal, state, or local protected class.

Additional Locations
* Malaysia - Selangor
* Malaysia
* Malaysia - Selangor