Pricing Coordinator

Overview

A role that acts as a conduit between commodity traders, commodity marketers and company administration.

What responsibilities will I have?

• Ensure that accurate pricing for goods and services is provided to purchasing and sales staff
• Lead design and management of price tests as well as customer segmentation to tailor pricing actions based on expected behavior of pricing segments
• Provide daily summaries of products purchased and sold
• Manage third party vendor relationships for competitor monitoring and consumer research
• Work with other teams (ex. Marketing, sales, sourcing etc.) to ensure that business needs for pricing and cost communication are met
• Ensure that the systems required for data support are checked and confirmed daily
• Provide feedback to merchants and sales managers regarding competitor activity
• Continually review feedback for selling and purchasing opportunities
• Review costs to lessen price discrepancies

What education and training is required?

An associate’s or bachelor’s degree in agricultural business finance or accounting is required to be a pricing coordinator.

To pursue a career as pricing coordinator:

The following high school courses are recommended:  agricultural education, Spanish, mathematics, and personal finance.

Where can I work?

As a pricing coordinator you can work for any organization that sells a product or service to drive pricing decisions and monitor sales.  Typically larger companies have someone in a dedicated role of pricing coordinator.

Future Job Market/Outlook

The future outlook for a pricing coordinator will be good over the next five years. 

Suggested Professional Organizations and Associations

• Professional Pricing Society
• National FFA Alumni Association
• North American Export Grain Association
• American Farm Bureau Federation