Contract & Pricing Analyst

Medline Industries - Northfield, IL

Full-time - Entry Level

Northfield, IL

1,001-5,000 employees

Miscellaneous Manufacturing

About the position

The Contract & Pricing Analyst is responsible for conducting audits and analyses on various contract and pricing requests to ensure profitability and maintain price accuracy. This role involves reviewing new Local Vendor Contracts (LVCs), managing contract processes, and collaborating with sales teams to ensure effective communication and implementation of pricing strategies.

Responsibilities

• Perform audits and analysis to ensure profitability and price accuracy before new LVCs are loaded.
• Review pricing to determine items that are priced outside of the normal predetermined range to improve profitability.
• Manage contract process by communicating any contract changes to the sales team.
• Perform regularly scheduled maintenance audits for various pricing & contract considerations to ensure a high level of pricing accuracy.
• Enter and maintain contracts into Medline's system, including adding items and making appropriate changes such as pricing and end dates.
• Work with sales teams and vendor contract department to ensure connection of local contracts and contract extensions are completed.
• Review and monitor contracts to ensure no gaps in customers' expected price.
• Work on monthly expiring contracts and make necessary system adjustments.
• Advise Medline sales force on appropriate pricing procedures, troubleshoot pricing issues, and recommend pricing solutions where needed.
• Streamline processes to improve efficiencies and address questions and concerns in a timely manner.
• Elevate issues to upper management as necessary.
• Generate and maintain SOP documentation.
• Collaborate and maintain relationships with all parties including Medline sales team, designated service managers, and Group owners.
• Support Associate Analysts in resolving complex issues.
• Collaborate with sales and IS to develop, create and maintain reporting requirements and ensure that systems provide accurate and timely data.

Requirements

• Bachelor's degree.
• At least 2 years of contract or pricing experience.
• Intermediate level skill in Microsoft Excel (e.g., using SUM function, setting borders, inserting charts).
• Time management skills such as prioritizing/organizing and tracking details and meeting deadlines of multiple projects.
• Ability to work through details of a problem, overcoming obstacles, and reaching a positive solution.
• Strong communication skills with various audiences.
• Strong presentation skills.
• Ability to collaborate with internal and external resources.

Nice-to-haves

• Experience in SAP and/or Vistex.
• Process improvement/IT systems experience.
• Knowledge or understanding of some basic software programming language such as SQL.

Benefits

• 401(k)
• Employee assistance program
• Paid time off