Set up and familiarize with essential software and toolkits
6
Introduction to Price Management System
7
Meet with the direct supervisor for role specific orientation
8
Attend training sessions on database management
9
Learn how to create pricing models and reports
10
Understand the method to analyze market trends
11
Learn how to conduct competitive analysis
12
Complete training on pricing techniques and strategies
13
Understand the company's range of products/services
14
Introduction to collaboration with sales, finance and marketing teams
15
Assign first task: Monitor and update commercial price lists
16
Approval: Supervisor for first task completion
17
Discuss performance with supervisor
18
Identify areas for improvement or need for further training
19
Receive final onboarding evaluation from supervisor
20
Approval: HR on successful completion of Onboarding Process
Introduction to the Pricing Analyst role and team
Welcome to your new role as a Pricing Analyst! In this task, you will be introduced to the responsibilities and expectations of the role. You will also get to know your team members and understand their roles and responsibilities. This will help you build strong relationships and collaborate effectively with your colleagues. By the end of this task, you will have a clear understanding of your role as a Pricing Analyst and the team dynamics, which will contribute to a smooth onboarding process.
Receive company policies and procedural documents
In this task, you will receive important documents that outline the company's policies and procedures. These documents are crucial for you to understand the guidelines and rules that govern your work. By reading and familiarizing yourself with these documents, you will ensure that you are aligned with the company's values and standards. This will contribute to maintaining a positive work environment and ensure compliance with regulations. It's important to review these documents carefully and address any questions or doubts that may arise.
Complete HR documentation and orientation
In this task, you will complete the HR documentation and orientation process. This includes filling out necessary forms, providing required information, and attending orientation sessions. The HR team will guide you through the process and provide you with all the necessary resources to complete it successfully. By completing this task, you will ensure that your employment records are up to date and that you have a clear understanding of your rights and responsibilities as an employee.
Understand the company’s pricing strategy
In this task, you will gain an understanding of the company's pricing strategy. This knowledge will help you align your pricing decisions with the company's goals and objectives. You will learn about the factors influencing pricing decisions, pricing models used by the company, and the rationale behind them. By the end of this task, you will be equipped with the knowledge and skills to make informed pricing decisions and contribute to the company's success.
Set up and familiarize with essential software and toolkits
As a Pricing Analyst, you will be using various software and toolkits to perform your duties efficiently. In this task, you will set up and familiarize yourself with the essential software and toolkits relevant to your role. This will include installing necessary software, configuring settings, and learning how to use the tools effectively. By completing this task, you will ensure that you have the necessary tools and resources at your disposal to perform your tasks accurately and efficiently.
1
Price optimization software
2
Data analysis tools
3
Spreadsheets
4
CRM software
5
Pricing analytics platforms
Introduction to Price Management System
In this task, you will be introduced to the Price Management System (PMS) used by the company. The PMS is a software tool that helps manage pricing information, track price changes, and analyze pricing data. By familiarizing yourself with the PMS, you will be able to navigate through the system, input and extract data, and generate reports. This will enable you to effectively manage pricing information and contribute to pricing decisions. Make sure to ask questions and seek clarification if needed to ensure a smooth onboarding process.
Meet with the direct supervisor for role specific orientation
In this task, you will meet with your direct supervisor for a role-specific orientation. Your supervisor will provide you with an overview of your responsibilities, goals, and expectations. They will also explain how your role fits into the larger team and company structure. By the end of this meeting, you will have a clear understanding of your supervisor's expectations and be prepared to start contributing to the team's goals.
Attend training sessions on database management
In this task, you will attend training sessions on database management. These sessions will provide you with the necessary knowledge and skills to effectively manage databases and ensure accurate data storage and retrieval. By attending these sessions, you will gain a deeper understanding of the company's database management systems and best practices. This will enable you to handle data efficiently and contribute to maintaining data integrity and security.
Learn how to create pricing models and reports
In this task, you will learn how to create pricing models and reports. Pricing models are used to determine optimal prices for products or services, while reports provide insights and analysis on pricing performance. By gaining proficiency in creating pricing models and reports, you will be able to provide valuable inputs to the pricing strategy and contribute to pricing decisions. Make sure to ask questions and seek clarification from your supervisor or colleagues to ensure a thorough understanding of the process.
Understand the method to analyze market trends
In this task, you will learn the method to analyze market trends. Analyzing market trends is crucial for understanding customer behavior, competitive landscape, and overall market dynamics. By gaining proficiency in analyzing market trends, you will be able to make informed pricing decisions and contribute to the company's competitiveness. Pay attention to the training material and ask questions to ensure a clear understanding of the analysis methodology.
Learn how to conduct competitive analysis
In this task, you will learn how to conduct competitive analysis. Competitive analysis is an essential part of pricing strategy, as it helps identify competitors' pricing strategies, product offerings, and market positioning. By gaining proficiency in conducting competitive analysis, you will be able to identify opportunities and threats in the market and adjust pricing strategies accordingly. Pay attention to the training material and ask questions to ensure a thorough understanding of the competitive analysis process.
Complete training on pricing techniques and strategies
In this task, you will complete training on pricing techniques and strategies. Pricing techniques and strategies play a crucial role in determining optimal prices, maximizing revenue, and achieving business objectives. By completing this training, you will gain knowledge and skills in various pricing techniques and strategies used in different market scenarios. This will enable you to contribute to pricing decisions and improve the company's pricing performance.
Understand the company's range of products/services
In this task, you will gain a comprehensive understanding of the company's range of products/services. This knowledge is essential for pricing analysts, as it helps in determining optimal prices, analyzing market trends, and evaluating competitive positioning. By the end of this task, you will have a clear understanding of the company's products/services and their unique selling points. This will enable you to make informed pricing decisions and contribute to the company's growth.
Introduction to collaboration with sales, finance and marketing teams
In this task, you will be introduced to the collaboration with sales, finance, and marketing teams. Pricing analysts need to closely collaborate with these teams to understand market dynamics, align pricing decisions with sales objectives, and ensure financial viability. By developing effective working relationships with these teams, you will be able to gather insights, provide support, and contribute to achieving overall business goals. Make sure to ask questions and seek feedback to foster strong collaboration.
1
Sales team
2
Finance team
3
Marketing team
4
None of the above
Assign first task: Monitor and update commercial price lists
Congratulations! You are now ready to start working on your first task as a Pricing Analyst. Your first task is to monitor and update commercial price lists. This task involves regularly reviewing price lists, ensuring accurate pricing information, and making necessary updates. By effectively managing commercial price lists, you will contribute to efficient pricing operations and customer satisfaction. Make sure to pay attention to detail, verify data accuracy, and seek assistance if needed.
1
Retail price lists
2
Wholesale price lists
3
Promotion price lists
4
Discount price lists
5
Service price lists
Approval: Supervisor for first task completion
Will be submitted for approval:
Assign first task: Monitor and update commercial price lists
Will be submitted
Discuss performance with supervisor
In this task, you will have a performance discussion with your supervisor. This discussion provides an opportunity to receive feedback on your performance, discuss any challenges faced, and identify areas for improvement. It is important to approach this discussion openly, actively listen to feedback, and seek clarification when needed. By the end of this discussion, you will have a better understanding of your performance and areas to focus on for further growth.
Identify areas for improvement or need for further training
In this task, you will identify areas for improvement or the need for further training based on your performance and feedback received. Reflect on your work, identify any challenges or gaps in knowledge, and consider areas where additional training or support may be beneficial. By identifying areas for improvement or further training, you will demonstrate a growth mindset and actively seek opportunities for professional development.
Receive final onboarding evaluation from supervisor
In this task, you will receive the final onboarding evaluation from your supervisor. This evaluation is an opportunity to assess your overall performance during the onboarding process and receive feedback on areas of strength and areas for improvement. It serves as a formal acknowledgement of your successful completion of the onboarding process and readiness to fully contribute as a Pricing Analyst. Make sure to review the evaluation carefully, address any questions or concerns, and seek clarification if needed.
Final Onboarding Evaluation
Approval: HR on successful completion of Onboarding Process
Will be submitted for approval:
Introduction to the Pricing Analyst role and team
Will be submitted
Receive company policies and procedural documents
Will be submitted
Complete HR documentation and orientation
Will be submitted
Understand the company’s pricing strategy
Will be submitted
Set up and familiarize with essential software and toolkits
Will be submitted
Introduction to Price Management System
Will be submitted
Meet with the direct supervisor for role specific orientation
Will be submitted
Attend training sessions on database management
Will be submitted
Learn how to create pricing models and reports
Will be submitted
Understand the method to analyze market trends
Will be submitted
Learn how to conduct competitive analysis
Will be submitted
Complete training on pricing techniques and strategies
Will be submitted
Understand the company's range of products/services
Will be submitted
Introduction to collaboration with sales, finance and marketing teams
Will be submitted
Assign first task: Monitor and update commercial price lists
Will be submitted
Discuss performance with supervisor
Will be submitted
Identify areas for improvement or need for further training
Will be submitted
Receive final onboarding evaluation from supervisor