Product Purchase Price Prime

As the global leader in high-speed connectivity, 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 and our various CM and distribution partners around the globe.Accurate and timely management of this data helps 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: Relations