Cost & Pricing Specialist
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Key skills for this role
About the Role
Lucid Motors seeks a Cost & Pricing Specialist to manage spare parts cost structures and pricing strategies for OEM spare parts. The role involves analyzing landed costs, developing pricing in line with OEM policies, and ensuring profitability and compliance.
Key Skills for This Role
Responsibilities
- Analyze landed cost structures for OEM Spare Parts including purchase price, freight, customs, duties, warehousing, and handling costs.
- Maintain accurate databases for spare parts in ERP systems.
- Identify cost variances, deviations, and margin risks and recommend corrective actions.
- Develop and maintain spare parts pricing in accordance with OEM pricing policies, regional guidelines, and local market requirements.
- Calculate dealer net prices, recommended retail prices (RRP), and customer pricing structures.
- Implement pricing changes related to cost updates, currency fluctuations, and OEM bulletins.
- Ensure full compliance with OEM pricing frameworks, audit requirements, and approval workflows.
- Provide pricing support to dealer networks, sales, and Aftersales teams.
- Support pricing for recalls, service campaigns, warranty parts, and goodwill programs.
- Prepare regular reports on parts margin performance, cost movements, and price changes.
Requirements
- Strong analytical and financial modeling skills
- High attention to detail and data accuracy
- Advanced Excel and reporting skills
- Knowledge of automotive spare parts business and aftermarket dynamics
- Strong communication and stakeholder management skills
- Ability to work under tight deadlines and pricing governance frameworks
- Commercial mindset with strong compliance awareness
Full Job Posting
Role Overview
- The Cost & Pricing Specialist OEM Spare Parts is responsible for managing, analyzing, and controlling spare parts cost structures and pricing strategies in line with OEM guidelines and business objectives.
- The role ensures competitive, compliant, and profitable pricing across dealer and customer channels while supporting Aftersales growth, warranty programs, and market competitiveness.
Key Responsibilities
- Analyze landed cost structures for OEM Spare Parts, including purchase price, freight, customs, duties, warehousing, and handling costs.
- Maintain accurate databases for spare parts in ERP systems.
- Identify cost variances, deviations, and margin risks and recommend corrective actions.
- Support cost recovery initiatives and continuous improvement in parts profitability.
- Develop and maintain spare parts pricing in accordance with OEM pricing policies, regional guidelines, and local market requirements.
- Calculate dealer net prices, recommended retail prices (RRP), and customer pricing structures.
- Implement pricing changes related to cost updates, currency fluctuations, and OEM bulletins.
- Ensure pricing competitiveness while safeguarding target margins.
- Ensure full compliance with OEM pricing frameworks, audit requirements, and approval workflows.
- Manage pricing submissions, approvals, and documentation required by the OEM.
- Support internal and external audits related to cost and pricing governance.
- Ensure traceability and transparency of pricing decisions.
Dealer & Market Support
- Provide pricing support to dealer networks, sales, and Aftersales teams.
- Analyze dealer margin structures and recommend pricing adjustments when required.
- Support special pricing requests, campaigns, promotions, and volume programs.
- Address dealer pricing escalations and ensure alignment with OEM policies.
Campaigns, Warranty & Special Programs
- Support pricing for recalls, service campaigns, warranty parts, and goodwill programs.
- Coordinate cost and pricing impact assessments for new model launches and parts introductions.
- Ensure correct pricing of VOR, emergencies, and critical spare parts.
Reporting & Performance Monitoring
- Prepare regular reports on parts margin performance, cost movements, and price changes.
- Monitor pricing KPIs and identify risks affecting profitability or compliance.
- Support management with data driven insights and recommendations.
Cross Functional Coordination
- Work closely with Aftersales, Parts Planning, Supply Chain, Finance, Sales, and IT teams.
- Support system enhancements related to pricing and cost management (ERP/WMS).
- Participate in regional and OEM pricing reviews and initiatives.
Skills
- Strong analytical and financial modeling skills
- High attention to detail and data accuracy
- Advanced Excel and reporting skills
- Knowledge of automotive spare parts business and aftermarket dynamics
- Strong communication and stakeholder management skills
- Ability to work under tight deadlines and pricing governance frameworks
- Commercial mindset with strong compliance awareness
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