The primary job responsibility of a pricing coordinator is to ensure the accuracy of prices for a business. This responsibility is usually retail in nature, though some pricing coordinators work for business-to-business firms such as manufacturers. On a day-to-day basis, the job of a pricing coordinator might involve reviewing invoices, doing data entry, correcting shelf tags in a retail storefront, or working with suppliers and clients to negotiate discount rates. Given the prevalence of point-of-sale systems and computerized inventory tracking, computer literacy is a must for a pricing coordinator; this may be as simple as being able to work with spreadsheet programs or as complex as learning custom software packages specific to the enterprise for which they work. Basic math skills are also required, as being able to spot inconsistencies and other incorrect information when re-pricing items is necessary.
Pricing Coordinator Tasks
Coordinate with internal departments to audit pricing of existing products and implement pricing for new products.
Run, compile, and distribute regular sales and pricing reports.
Implement and maintain a pricing structure across the customer base.
Assist in sales analysis of customer base as necessary.