Product Purchase Price Prime

As the global leader in high-speed connectivity, [Ciena](https://himalayas.app/companies/ciena) is committed to a people-first approach. Our teams enjoy a culture focused on prioritizing a flexible work environment that empowers individual growth, well-being, and belonging. We’re a technology company that leads with our humanity—driving our business priorities alongside meaningful social, community, and societal impact. The Product Purchase Price Management Prime, a key member of the Procurement Organization, is responsible for maintaining accurate product purchase pricing throughout the supply chain.This includes raw material pricing at the component level, as well as finished-goods product level pricing (Material + Transformation costs).Component pricing and product design change details flow monthly between [Ciena](https://himalayas.app/companies/ciena) and our various CM and distribution partners around the globe.Accurate and timely management of this data helps [Ciena](https://himalayas.app/companies/ciena) maintain a competitive advantage and continue to win market share. ### Responsibilities Include: * **Drive the Product Purchase Price update process including inventory revaluation claims** * Ensure NPI products are reflected in price files in a timely manner and align to agreed-to production costing. * Compute and settle inventory revaluation amounts owed for all price changes. * **Drive the monthly Component Price Change processes and resulting PPV claims.** * Generate monthly component pricing submissions and transmit to the CM in a timely manner. * Solicit monthly CM receipt submissions into PCDM, review promptly, and log & address any discrepancies. * Compute and settle any purchase price variance (PPV) amounts * **Drive the claims processing cycle.** * Review monthly shipments to analyze any product purchase price discrepancies with agreed monthly pricing to determine true-up claims with CM resulting from price discrepancies * Communicate with CM the PPV, Reval and True-up claims, and obtain agreements on amounts owed * Review claims with management to ensure alignment with budgets ### Candidate Profile: * Relationship builder at all levels of the organization, including external teams/supplier * Strong cross functional co-ordination skills with the drive to find resolutions quickly * Exceptional data analysis abilities, and experience with database tools and SQ is a plus * Ability to quickly grasp the structure of a [Ciena](https://himalayas.app/companies/ciena) product and relate it to relevant supply chain elements * communication skills, able to formulate clear, concise, and relevant fact-based messages * to deal with ambiguity and fast-paced environment. * and resolves issues; proactive in planning and follow up. * Ability to handle extremely confidential information with complete discretion. ### EDUCATION / EXPERIENCE: * Bachelor’s degree in Supply Chain, business, finance, accounting or similar * Prior experience with database and model design and segmentation techniques * Proven success in a collaborative, team-oriented environment * Strong interpersonal, communication and presentation skills * MS Office skills – Excel, PowerPoint, Word * Ability to work under pressure and meet deadlines * High attention to detail and analytical skills * Familiarity of Power BI is a plus At [Ciena](https://himalayas.app/companies/ciena), we are committed to building and fostering an environment in which our employees feel respected, valued, and heard. [Ciena](https://himalayas.app/companies/ciena) values the diversity of its workforce and respects its employees as individuals. We do not tolerate any form of discrimination. [Ciena](https://himalayas.app/companies/ciena) is an Equal Opportunity Employer, including disability and protected veteran status. If contacted in relation to a job opportunity, please advise [Ciena](https://himalayas.app/companies/ciena) of any accommodation measures you may require. Originally posted on [Himalayas](https://himalayas.app)