Teijin Automotive Technologies is the world leader in the compounding and manufacturing of lightweight composite components for the transportation industries. As an innovative, full-service Tier One supplier, we offer an entrepreneurial environment where you’re only limited by your own imagination. In addition to our team-focused environment, we provide industry leading benefits. Called BENEfits4U, our comprehensive offering includes: affordable medical, dental, and vision care; flexible spending accounts; life insurance; 401k with company match and much, much more.
Job Description
Price Forecasting & Accuracy:
o Collaborate closely with the Sales team to ensure the accuracy of price forecasts through review of customer agreements.
o Provide ongoing analysis and insights into forecasted pricing changes, ensuring that pricing strategies are reflected accurately in the financial forecast.
o Evaluate historical pricing data service components, sales performance, and profit margins to identify trends, opportunities, and areas for improvement.
o Supports Program profitability analysis and financial modeling of expected impact of price adjustments
o Ensure price adjustments to IT systems, including QAD and EAM are reflected in forecast and pricing models.
Analysis of Long-Term Agreements (LTAs):
o Perform detailed analysis of LTAs to assess pricing structures, identify trends, and ensure compliance with contractual terms.
o Identify potential risks and opportunities associated with LTAs and communicate findings to key stakeholders.
Variable Index Pricing Model Analysis:
o Analyze and manage the variable index pricing model to ensure that pricing is aligned with market indexes, raw material costs, and other relevant variables.
o Provide recommendations based on the analysis of the pricing model and market conditions, optimizing pricing strategies to maintain competitiveness and profitability.
o Provides financial support for customer quotation activities and during the Project Development Process
Budget & Forecast Pricing Model Development:
o Support the forecasting and budget planning process through analysis of actual results and variances to forecast and budget, with a focus on sales volume, price, and mix.
o Support the development of pricing models for the annual budget and forecasting cycles, ensuring pricing assumptions are aligned with market trends.
o Assist in the preparation of pricing forecasts and budgets, providing analytical support to ensure accuracy and consistency in pricing assumptions across financial models.
Cross-Functional Collaboration:
o Work closely with Sales, Purchasing, and Finance teams to gather insights on market trends, cost fluctuations, and customer-specific pricing conditions.
o Support communication and coordination between departments to ensure pricing strategies are implemented effectively and consistently.
Continuous Improvement & Process Optimization:
o Identify areas for process improvements in pricing analysis and forecasting, streamlining workflows to enhance efficiency and accuracy.
o Assist in the development of pricing tools, dashboards, and reports to better track pricing performance and enable data-driven decision-making.
If you enjoy innovation, and an opportunity to learn and contribute to a growing organization, Teijin Automotive Technologies is the place for you!
Top Skills
What We Do
Teijin Automotive Technologies combines the global expertise of Continental Structural Plastics, CSP Victall, Inapal, Benet Automotive and Teijin Automotive Center Europe to create a powerhouse of vehicle lightweighting, design and engineering expertise.
We are a proven manufacturer of highly-engineered products for dynamic market segments, including automotive, heavy truck, marine and recreational vehicles. Our global manufacturing and compounding footprint enables us to supply consistent materials and components to customers across North America, Europe and Asia – a capability no other composite manufacturer can provide.
Our advanced engineering team understands composite materials better than any other team in the industry. We develop proprietary composite formulations, produce them, and see them through the manufacturing process to meet the design and regulatory needs of our customers all over the world. Today, we are using this vast knowledge of composites to explore a variety of options, including multi-material approaches, that reduce weight while meeting rigorous design and crash test specifications.
