Pricing Specialist II

Posted Yesterday
Be an Early Applicant
Bloomington, MN, USA
In-Office
80K-93K Annually
Senior level
Cloud • Enterprise Web • Hardware • Information Technology • Internet of Things • Robotics • Semiconductor
A global provider of technology products, services, and solutions.
The Role
Manages supplier pricing quotes, market and supplier performance analysis, pricing updates, and reporting. Coordinates with suppliers, sales, purchasing, finance, and internal product teams to resolve pricing and debit renewal matters. Maintains accurate data across multiple systems, responds to quote requests, and manages high-volume workloads while building effective supplier relationships.
Summary Generated by Built In
Position:Pricing Specialist II
Job Description:

Pricing Specialist

This position is the liaison/interface between Arrow's suppliers and sales organization, ensuring positive business relationships are maintained every step of the way!  Our Pricing Specialists II work heavily by email, closely with Arrow suppliers, requesting and maintaining quotes related to pricing and in continuous relationship building.  This role will work heavily within Microsoft Excel and in various other systems (Oracle and Salesforce). This is a fast-paced opportunity, ensuring pricing information is up to date in multiple systems, at all times.


What You’ll Be Doing:

  • Responsible for the analysis of market trends, supplier performance, internal developments, and objectives to facilitate ongoing development of Arrow's adder and quoting strategy. 
  • Facilitate interaction and feedback from segment managers, product specialists, and sales members.
  • Monitor, measure, and report supplier market price performance, generating and regularly maintaining associated reporting and spreadsheets.
  • Facilitates communication with suppliers regarding customers and pricing quotes. 
  • Interface with Suppliers and internal Arrow departments including sales, purchasing, and finance in order to obtain answers and solutions to complete the debit renewal process.
  • Accurately maintain pricing and other key details in different systems.
  • Review and respond to requests in a timely manner, verifying and preparing correct information for suppliers and inside sales teams.
  • Manage workload and tasks effectively daily to provide excellent service to suppliers and other Arrow departments.

What We're Looking For:

  • Typically requires a 4-year degree and 5 years of related experience; equivalent alternative combinations of experience and education will be considered. Electrical Mechanical backgrounds highly preferred.
  • Excellent verbal and written communication. 
  • Interconnect, Passive, and Electromechanical industry experience highly preferred.
  • Strong background in customer service; call center experience highly preferred. (This role will work with Sales members, suppliers, purchasing, etc.)
  • Ability to work independently with little or no guidance.
  • Ability to build and maintain effective business relationships with a variety of internal and external clients.
  • Demonstrated experience and proficiency with Microsoft Excel, including Pivot Table and VLOOKUPs.  Macros experience highly preferred.
  • Ability to shift priorities quickly and effectively and handle high volume workloads.
  • Be a self-starter and enjoy a fast-paced work environment.
  • Background in material planning, procurement, quotes, purchasing, or related industry order management experience.
  • ERP experience. Oracle/SAP is highly preferred.
  • As you saw in the job posting, this role will perform work covered by International Traffic in Arms Regulations. Viable candidates for this position must be eligible for an export license or be a U.S. Person (which includes but is not limited to U.S. citizens or nationals, lawful permanent residents, refugees, and asylees).

What’s In It For You:

At Arrow, we recognize that financial rewards and great benefits are important aspects of an ideal job. That’s why we offer competitive financial compensation, including various compensation plans, and a solid benefits package.

  • Medical, Dental, Vision Insurance
  • 401k, With Matching Contributions
  • Paid Time Off
  • Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options
  • Growth Opportunities
  • Short-Term/Long-Term Disability Insurance
  • And more!

#LI-LH1

Annual Hiring Range/Hourly Rate:
$80,100.00 - $93,280.00

Actual compensation offer to candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level. The pay ratio between base pay and target incentive (if applicable) will be finalized at offer. 


Location:
US-MN-Bloomington, Minnesota (Hampshire Ave)


 


Time Type:
Full time
Job Category:
Product & Supplier Management

EEO Statement:

Arrow is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, gender, age, sexual orientation, gender identity, national origin, veteran or disability status. (Arrow EEO/AAP policy)

All Arrow job postings are for existing job vacancies. We anticipate this requisition will be open for a minimum of five days, though it may be open for a longer period of time. We encourage your prompt application.

In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.

Skills Required

  • Typically requires a four-year degree and five years of related experience, or an equivalent combination of education and experience.
  • Excellent verbal and written communication skills.
  • Strong customer service experience; call center experience is preferred.
  • Ability to work independently with little or no guidance.
  • Ability to build and maintain effective business relationships with internal and external clients.
  • Proficiency with Microsoft Excel, including Pivot Tables and VLOOKUPs.
  • Ability to shift priorities quickly and handle high-volume workloads.
  • Self-starter who can work effectively in a fast-paced environment.
  • Experience in material planning, procurement, quotes, purchasing, or order management.
  • ERP experience.
  • Electrical or mechanical background.
  • Interconnect, passive, and electromechanical industry experience.
  • Microsoft Excel macros experience.
  • Oracle or SAP experience.
  • Eligibility for an export license or U.S. Person status under ITAR requirements.

Arrow Electronics, Inc. Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Arrow Electronics, Inc. and has not been reviewed or approved by Arrow Electronics, Inc..

  • Affordable Benefits — Medical coverage includes multiple options with income-tiered employer contributions that substantially reduce costs for lower-wage employees (the base plan was heavily subsidized for earners under $55,000). These affordability measures, alongside EAP and telemedicine, help the overall package offset middling base pay in some roles.
  • Parental & Family Support — New parents receive fully paid leave (six weeks at 100% pay in prior materials, with more recent reporting of up to 12 weeks fully paid for the delivering parent in the U.S.). Backup dependent care and related family supports are also provided.
  • Leave & Time Off Breadth — Many salaried roles have unlimited PTO, while hourly staff receive competitive accrual-based PTO, with added flexibility from floating holidays and observance of MLK Day. These options indicate a broad time-off framework across employee groups.

Arrow Electronics, Inc. Insights

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The Company
HQ: Centennial, CO
22,000 Employees
Year Founded: 1935

What We Do

A Fortune 500 company, ranked #133 in 2024, with over 22,000 employees worldwide, Arrow guides innovation forward for over 220,000 leading technology manufacturers and service providers. With 2023 sales of $33 billion, Arrow develops technology solutions that improve business and daily life. Arrow.com is the easiest place for innovators to create, make and manage technology.

Why Work With Us

Arrow is much more than products and services. We are a team of many backgrounds in a global ecosystem, working toward one common goal: to help customers create a better tomorrow, where innovation improves the quality of life and the benefits of technology are more accessible to all. Join us in building a better tomorrow for many!

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