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Team Member - Pricing Management

Team Member - Pricing Management

ConfidentialNavi Mumbai, Mumbai, Mumbai City
30+ days ago
Job description

Analytics in Pricing of India Business RX

  • Drive quarterly and annual price hike in coordination with CFMs aiming topline benefit in time.
  • Provide Insights to Business on the products pricing governed by NPPA and make informed decisions.
  • Support business to achieve the Top line and bottom-line numbers as per therapy budget via pricing.
  • Driving analytics and possibility of top line benefit by proper planning of Hike & MRP Implementation on new stocks.
  • Maintaining Price Master with details of MRP, Margins alongwith hike due date for all products.

Key Accountabilities (2 / 6)

Addressing notifications and notices of NPPA

  • Responsible for addressing notification issued by government (NPPA) and complying with all the regulatory requirement.
  • Addressing demand notices received from NPPA with supporting and reasoning.
  • Preparing submissions to be made to NPPA for Preliminary Notices received & other data asked for by NPPA
  • Help the management in decision making with respect to new launches and upcoming regulatory changes.
  • Taking action on all price related notifications and providing the Business with Insights as regards Impact & Mitigation Plan to reduce the impact on Business
  • Key Accountabilities (3 / 6)

    Automation & Simplification

  • Leading project on automation of existing data into single platform and driving insights from it.
  • Driving Automation Project through vendors and successfully completing the UAT & Validation and ensuring Go-Live of the reports developed.
  • Key Accountabilities (4 / 6)

    Provisions & MIS

  • Making timely provisions for MRP Audit related cases & products which are Launched at Risk.
  • Anticipating the Demand that can be raised in future and making provisions in books after discussion with Legal Team.
  • Key Accountabilities (5 / 6)

    Critical Stake holder management

  • Resolving the queries of Internal & External Auditors by maintaining proper records & working out calculations as is necessary.
  • Ensuring MRP updations in system at material level for all products & at batch level for P2P & LL products & providing approvals wherever necessary for the MRP & stock acceptance.
  • Monitoring the process change for Hike and ensuring that Inventory is packed with correct MRP as per defined process.
  • Taking effective & immediate decisions on any deviations in MRP and providing suggestions & action plan to Depots
  • Major Challenges

  • Dealing with multiple stakeholders across Finance, Supply Chain, Legal & Corporate Affairs and Business teams
  • Skills Required

    Supply Chain Management, Pharma, Project Management, Mis, Finance Manager, Automation

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    Team Member • Navi Mumbai, Mumbai, Mumbai City

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