The Opportunity: Manage pricing strategy for the organization's products and/or services. Develop, manage, and implement organization strategies, processes, systems, and actions that assure the business achieves optimal price realization and drives data-based decisions at the enterprise level for sales and marketing. Establish pricing tools and analytical methods to identify gross margin improvements and profit leak. Build and maintain pricing models that translate key performance indicators (KPIs) and test revenue projections. Work alongside analytics leadership to identify and implement improvements in analytical techniques and data infrastructure to improve the quality of pricing decisions. Manages a team of entry/intermediate professionals or Supervisors with a focus on setting objectives, plans and tactics with direct impact on the immediate or short-term operational results of the department Avantor is looking for a dynamic, forward-thinking, and experienced Manager - Pricing Intelligence, who will be responsible for delivering results against some of the most complex business and technology initiatives. This role will be a full-time position based out of ABC - Coimbatore Office. If you are passionate about solving complex challenges and driving innovation - let's talk! Our organization is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. How you will Thrive & Create an Impact: The Data Science Manager, Pricing Intelligence will lead the charge in harnessing data to drive strategic pricing decisions that significantly impact our competitive edge, customer satisfaction, and financial success. This role demands a blend of analytical prowess, innovative thinking, and leadership skills to develop and implement pricing strategies based on deep data analysis and insights. You will guide a dedicated team of data scientists and analysts, fostering their growth and enabling them to contribute effectively to our pricing objectives. Responsibilities: Pricing Strategy Development : Lead the creation of data-driven pricing strategies that optimize profitability while ensuring customer satisfaction. Utilize predictive modeling, machine learning, and statistical analysis to identify pricing opportunities and challenges. Analytics and Insights : Conduct thorough data analyses to extract actionable insights that inform pricing decisions. Monitor and evaluate the impact of pricing strategies on market performance and adjust as necessary. Team Leadership : Manage and mentor a team of data scientists and analysts, setting clear goals, promoting professional development, and encouraging a culture of innovation and data-driven decision making. Cross-Functional Collaboration : Work closely with sales, marketing, finance, and product teams to ensure alignment of pricing strategies with broader business objectives. Serve as the primary data science liaison to these departments for pricing-related initiatives. Innovation and Improvement : Continuously seek and implement new methodologies and technologies for pricing analysis and optimization. Foster a culture of innovation within the team. Communication and Reporting : Effectively communicate findings, strategies, and performance metrics to senior management and stakeholders. Prepare and present detailed reports and presentations that translate complex data into understandable and actionable insights. PREFERRED QUALIFICATIONS: Master's degree in computer science, Statistics, Mathematics, Engineering, Data Science, Economics, or related field At least 5 years of experience in data science, ML and AI, with proven track record of delivering impactful and scalable solutions. At least 3 years focused on pricing strategy and optimization and managing and leading data science and engineering teams. Strong analytical and quantitative skills, with expertise in statistical modeling, machine learning, and data analysis tools (e.g., Python, R, SQL). Demonstrated success in developing and executing pricing strategies that have positively impacted business performance. Exceptional communication skills, both verbal and written, with the capability to present complex data in a clear and persuasive manner. Experience collaborating with cross-functional teams and managing projects with multiple stakeholders. Strong problem-solving and analytical skills, with the ability to handle ambiguity and uncertainty. Passionate about data science, ML and AI, and eager to learn and grow. Disclaimer: The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer. Why Avantor Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science. The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor. We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today! EEO Statement: We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address. 3rd party non-solicitation policy: By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation
