Pricing Intern

Posted 3 Days Ago
Be an Early Applicant
Fairlawn, OH, USA
Hybrid
Internship
Automotive • Manufacturing
The Role
Support pricing strategy by working with Marketing and Sales to determine product value, respond to price/rebate requests, analyze competitive landscape and margins, maintain SAP accuracy, collect market and win/loss data, develop analytical pricing tools, track KPIs, and participate in business and audit reviews.
Summary Generated by Built In
Company Description

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2021, Continental generated sales of €33.8 billion and currently employs more than 190,000 people in 58 countries and markets. 

Job Description

  • Work with the Marketing department to determine relative product value and then work with the Commercial Sales department to capture that value.
  • Understanding of brand positioning and PLM
  • Knowledge of product portfolio: recognition of differentiation by product
  • Respond to transactional price requests. Responses need to be consistent with established profitability goals and market levels.
  • Work closely with stakeholders of the pricing process to determine:
    • Spec to quote
    • Competitive landscape
    • Margin Requirements
    • Various Commercial elements (value pricing, internal conflict, lead times, costs..etc.)
    • Participate in periodic audit reviews for margin, SAP accuracy, customer facing materials
  • Partner with Sales and Customer Service to receive requests for price/rebate
  • Execute decisions based on the strategies and tactics outlined for the Business Area and/or product line
  • Interact with Sales, Regional Manager to address potential conflicts or challenges
  • Collect and disseminate competitive data (ex. Price pages, price increase notices, price review, product offering
  • Assemble commercial market data for customer segmentation, product profitability,
  • Drive win/loss data collection
  • Develop and utilize analytical pricing tools that will enable the pricing department to more effectively manage price. Identify and Share best practices.▪ Perform per establish KPI
  • Participate in periodic business reviews to communicate measurement to KPIs
  • Challenge KPIs to ensure SMART and meaningful

Qualifications

  • Current college student with a focus on: Finance, Marketing or Business Administration
  • Fluent in English
  • Understanding and tolerance of different cultures and countries

Additional Information

All your information will be kept confidential according to EEO guidelines.

EEO-Statement:

EEO / Disabled / Protected Veteran Employer. Continental offers equal employment opportunities to all qualified individuals, without regard to unlawful consideration to race, color, sex, sexual orientation, gender identity, age, religion, national origin, disability, veteran status, or any other status protected by applicable law. In addition, as a federal contractor, Continental complies with government regulations, including affirmative action responsibilities for qualified individuals with a disability and protected veterans, where they apply. To be considered, you must apply for a specific position for which Continental has a current posted job opening. Qualifying applications will be considered only for the specific opening(s) to which you apply. If you would like to be considered for additional or future job openings, we encourage you to reapply for other opportunities as they become available. Further, Continental provides reasonable accommodations to qualified individuals with a disability. If you need assistance in the application process, please reply to [email protected] or contact US Recruiting at 800-821-2727. This telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation in the job application process. Please do not call about the status of your job application, if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related technical issues, will not receive a call back.

 

Ready to drive with Continental? Take the first step and fill in the online application.

Skills Required

  • Current college student with a focus on Finance, Marketing or Business Administration
  • Fluent in English
  • Understanding and tolerance of different cultures and countries
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The Company
HQ: Hannover
66,749 Employees
Year Founded: 1871

What We Do

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2020, Continental generated sales of €37.7 billion and currently employs around 235,000 people in 58 countries and markets. In 2021, the company celebrates its 150th anniversary.

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