**********@*****.***
*** ** **** ******, *******, IL Cell 901-***-****
Objective: To obtain a leadership position in marketing, pricing and sales
operations that would allow me to use my 10+ years of leadership, strategic
thinking, business acumen, financial analysis and IT project management
skills to improve bottom line, stream line pricing and sales operations
PROFESSIONAL EXPERIENCE:
pactiv corporation, chicago, il
2005-Present
Director Pricing - Food Service & Food Packaging, (5/2007-12/2010)
Promoted to Director of Pricing for the entire Food Service division ($2
Billion in sales). The pricing team has 4 analysts, 1 pricing
administration manager with an overall team of 12. The Foodservice division
serves customers in various channels like Supermarkets, Fast Foods,
Processors and Distributors.
. Developed pricing strategies to extract value from Pactiv's'
strategic advantage of product mix, multi material offering, unique
distribution & supply chain footprint to increase market share by
$50MM at prices above channel average.
. Managed list prices for 10 product lines across 3 distinct customer
channels. Successfully prevented cross channel price leaks and
extracted value from each channel and prevented margin erosion by
0.5% or ~$10 MM.
. Used price research, competitive intelligence and bid win-loss data
to adjust list prices 3 times a year.
. Used customer segmentation, willingness to pay by channel and
markets(geography, size, end users), cross selling opportunities to
increase profitability by $ 4 MM per year
. Managed 400 + customer rebate and marketing incentive programs
(Annual Spend $20 MM) to increase market share across various product
lines. The customer programs were used to grow the 'right' customer
and maintain a flat spend year over year
. Supported Sales management to financial analysis, raw material
indexing, growth program guidelines to negotiate multi year deals
with large customer like McDonalds ($100MM+), Kroger ($40MM) etc.
. Managed all non-commercial price quotes - School & Universities,
Buying Groups, Hospital and Casinos worth $50 MM in annual sales
. Implemented customer performance tracking over the 'deal period' to
ensure contract compliance. This increased revenue realization of $1
Million +
. Gross to Net Expert in a multi-tier distribution model. Used price
analytics to improve margin from USFS Aluminum (+100%), Gordon Food
Service ($ 2 Million) and SYSCO ($1 Million)
. Streamlined the entire pricing quotation process ( 150 sales
managers, 7 marketing teams) to reduce pricing related invoice and
transaction errors to less than 0.5% of revenue ( 50%+ improvement)
in 24 months
. Worked with IT to build 'Cost to Serve Models' to quickly evaluate
whole deal profitability and improving the price quote process and
reducing the turn over time to less than 48 Hours (60% improvement)
. Supported Purchasing with contracts and pricing information for
Hedging strategies and reduce raw material costs by $5 MM + per year
in Aluminum and Polystyrene
. Supported cross departmental initiatives like SKU rationalization
(35+ % SKUs), Product resizing, Perfect Order policies (Increase
truck fill by over 25%)
Marketing Manager- Pricing, (12/2005- 04/2007)
. Established systematic review process to define list prices across
various channels and business groups
. Served as the pricing lead in new product development teams to define
customer pricing requirements, model pricing strategy and margin
expectations on new product launches.
. Developed net pricing model to identify most significant sales and
margin growth opportunities
. Assisted IT and Finance in developing profitability reporting tools in
Business Warehouse
. Develop communications tools for Sales to improve price realization
during list price increases
. Launched 'Price and Margin realization' training for sales teams - 20
+ regional sales managers
. Created and Executed the Sales Annual Operating Plan (AOP) for 2006
Fed-EX, MEMPHIS, tn 2001-2005
Pricing Manager, (11/2004-12/2005)
. Lead 'Revenue Fusion': Integrate Pricing processes across 5 operating
companies
. Conducted 'Voice of Customer' Interviews to define and prioritize
project features
. Analyzed combined profitability of Global companies for global pricing
contracts
Sr. Pricing Analyst, (08/2001-10/2004)
. Rated as 'Exceeded Expectation' in 3 performance reviews
. Winner of the "Services Five Star" Award for 2003 (Highest recognition
award at FedEx)
. Rationalized pricing between ground & express services increasing
revenue by 10 million on surcharges
. Transitioned 400,000 customers to Earned Discounts Pricing strategy.
The new contract models increased yields as well as customer retention
. Did cost benefit analysis for business rules rationalization across
various FedEx operating companies and sold the changes to Senior Vice
Presidents
. Developed segment and product pricing strategies for freight marketing
. Managed the list price change analysis, execution and tracking for
2003
. Launched 'Import Pricing' for customers in Europe and Asia Pacific
. Identified the need for new surcharges, did competitive analysis and
developed the business case which increased annual revenues by 110
million dollars
. Developed and enhanced pricing process: end-to-end pricing process re-
engineering
. Project Management
o Launched PRS - The next generation of the End-to-End Pricing
System with a project budget of over 2 million dollars
o Created a global pricing approval process to offer pricing for
global customers
. Implemented changes to multiple Pricing Tools to fill data gaps and
ensure SOX compliance
avery dennison, cleveland, oh 1999-2001
Supply Chain Analyst
. Consulted with customers to improve their planning process leading to
decrease in 'Days On Hand' inventory
. Did Raw Material Planning in a multi plant & multi vendor environment.
. Reduced Work in Process Inventory with 99% same day shipment of
customer orders while raising the service level from 96% to 99%
. Did "Finishing Center" Capacity Planning for 9 plants for a rolling 12-
month time frame.
EDUCATION:
University of Toledo, Ohio August 1999
MS in Information Systems and Operations Management
GPA: 3.8/4.0
Osmania University, July 1997
BS in Mechanical Engineering
PROFESSIONAL AFFILIATIONS
Member of Professional Pricing Society
Toastmasters
Computer Skills
SQL, GQL, Excel (Expert Level), Access (Proficient), Data mining
tools like Cognos and Business Warehouse