Material Pricing Analyst (Penang)

Job Summary

Responsible for managing material pricing for regional and global customers within a specific market segment. Develop competitive pricing solutions to support business growth and profitability through cost analysis, pricing strategies, market research and margin improvement. Work closely with cross-functional teams to support new business bids and ongoing product pricing.

Key Responsibilities

• Manage material pricing for new business opportunities and existing products.
• Conduct cost analysis, Bill of Materials (BOM) reviews and competitive pricing assessments.
• Develop pricing strategies and margin recommendations to support business objectives.
• Collaborate with supply chain, engineering, finance, sales and program management teams to deliver pricing solutions.
• Provide cost insights and recommendations to support customer and supplier negotiations.
• Conduct market research, cost trend analysis and product teardowns to assess market competitiveness.
• Prepare pricing reports, performance metrics and regular business updates.
• Identify opportunities to improve margins, pricing competitiveness and process efficiency.
• Manage multiple projects and ensure timely delivery of pricing solutions.

Requirements

• Bachelor's degree in Business, Engineering or a related field.
• 3-5 years of relevant experience in material costing, pricing or supply chain.
• Good understanding of supply chain management, finance and cost analysis.
• Proficient in MS Office, particularly Excel experience handling and analysing large datasets.
• Ability to interpret technical drawings and understand product requirements.
• Strong analytical, problem-solving, communication and negotiation skills.
• Able to manage multiple priorities and meet tight deadlines.