Commercial Strategic Planner

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

     

JOB DESCRIPTION:

Job Title

Commerical Strategic Planner

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

The Commercial Strategic Planner works out of our Austin, TX location in the Cardiac Rhythm Technologies Division. This is a fully onsite role.

As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.

The Commercial Strategic Planner works directly with Sales, Sales Management, Sales Operations, Healthcare Economics, Marketing, and Finance to apply business management principles and financial concepts to identify and recommend pricing strategies that maximize Division's performance against sales and profit goals.  The ideal candidate must have the ability to research, analyze, and interpret pricing data to produce substantiated recommendations.  Uses analytical skills to proactively improve internal reporting, models, and metrics. Plays a key role on various cross-functional team projects that will require the ability to work with individuals at all levels of the organization.

What You’ll Work On

• Reporting--Monitors, analyzes and reports Division and competitive products ASP and pricing trends. Develop and publish pricing KPI’s, providing context and analysis on the drivers and performance. Builds forecast models, pricing sensitivity and elasticity analysis for specific new or existing product offerings. Provides reports and analysis to department and senior management as requested.
• Pricing Operations--Develop tools and pricing models to analyze pricing requests. Perform quantitative analysis and provide pricing recommendations and consultative support to area and regional Sales Leaders to achieve desired goals. Participate in price council meetings to review pricing requests that fall outside general guidelines.
• Pricing Analysis and Strategy--Provides analytics and benchmarks to assist in establishing pricing strategy and tactics. Measure effectiveness of pricing strategies.  Track and measure incremental sales and margin associated with price changes.
• Pricing Experience and Leadership--Assists with training sales, national and strategic account management, and other Division parties on pricing tools, policies, and procedures. Analyze current pricing rules and make recommendations to improve. Actively participates on a cross-functional team to develop a price setting and approval process within USD. Perform comparisons to industry/company benchmarks to identify pricing opportunities.
• Follows all management approved processes and procedures; alerts management when circumstances require deviation to the approved processes and procedures.
• Participates in cross-departmental meetings and conference calls as requested for the purpose of providing input and guidance regarding issues needing focus, attention, and action.
• Creates work procedures as directed by management.