Analyst Vendor Contracts

Medline Industries India Private Limited; Pune District; On-site; INR 400,000 - 600,000; Full time

Job summary

Medline India is seeking a Vendor Contract Analyst to oversee the implementation, maintenance, and monitoring of contract pricing for prime and non-prime vendor accounts for branded products in Pune. You will manage communications regarding the fulfillment of contractual commitments with contracting parties.

The role requires onboarding new contracts, maintaining pricing and expiration dates, resolving rebates discrepancies, and preparing internal reports.

Qualifications

• MS-Excel proficiency with data manipulation and reporting
• Strong analytical capabilities for pricing and rebate data
• Excellent written and verbal communication with stakeholders
• Self-motivated, able to work independently and proactively
• Attention to detail with strong problem-solving skills
• Willingness to propose innovative solutions to business problems

Responsibilities

• Onboard new customer contracts into systems
• Maintain contracts with pricing and expiration dates
• Resolve rebates discrepancies with internal/external teams
• Contact vendors for contract pricing and tier eligibility
• Address pricing inquiries from customers and reps
• Publish rebates reports daily/weekly/monthly
• Create non-contracted pricing for prime/non-prime vendors
• Develop and update SOPs for contract management processes
• Ensure data accuracy for rebates and contract terms
• Support audits with documentation and data cross-checks

Skills

MS Excel

Analytical skills

Communication

Independent work

Detail oriented

Problem solving

Innovative solutions

SAP/ERP

Education

Any Graduate / Post Graduate degree

Tools

SAP

ERP

Job description

Job Summary

Implement and maintain contract pricing for prime vendor and non-prime vendor accounts for branded products. Communicate all aspects concerning fulfillment of contractual obligations with contracting parties.

Job Description

Medline is growing its operations in Pune and is seeking an Vendor Contract Analyst to oversee the implementation, maintenance, and monitoring of contract pricing for both prime and non-prime vendor accounts for branded products. This role also involves managing communication regarding the fulfillment of contractual commitments with contracting parties.

Some of the roles and responsibilities

• Onboard New Customer Contracts into the respective systems
• Maintain existing and new contracts by adding items and making appropriate changes, such as pricing and expiration/end dates under general and direct guidance.
• Collaborate with internal and external teams to resolve the Rebates discrepancies and ensure that correct contract information is uploaded
• Contact vendors to obtain contract pricing and tier eligibility.
• Investigate and address pricing inquiries received from customers, DSMs, and representatives.
• Prepare and Publish Daily/Weekly/Monthly reports of Rebates
• Create and maintain non-contracted pricing for prime vendors and non-prime vendor accounts.
• Develop new process SOPs and regularly update existing ones to ensure accuracy and efficiency.
• Ensure the accuracy of all data related to customer contracts, including rebate calculations, terms, and conditions.
• Participate in ad-hoc departmental and organizational tasks as needed.
• Ensure adherence to company policies and regulatory requirements in rebate processing
• Support/participate in audits by providing necessary documentation and analysis and doing cross matching of the data to ensure audit requirements are fulfilled.

Required Skills

• Intermediate to Advanced level skills in MS-Excel
• Good Analytical Skills
• Excellent communication and interpersonal skills
• Responsive and attentive to the questions/queries raised by stakeholders
• Ability to work independently and proactively
• Detail-oriented with exceptional problem-solving skills
• Ability to provide innovative solutions to business problems
• Good to have - SAP or any ERP, specially contract management/rebate data module

Educational Qualification

• Any Graduate / Post Graduate degree

Work Experience:

• 1-3 years of relevant experience

About Medline India:

Medline India was setup in 2010 in Pune, primarily as an offshore Development centre and to augment resources for Medline Industries LP headquartered in Chicago, USA. We are a 1500+ strong and growing team of technology, finance & and business support professionals who support our businesses worldwide towards a mission to make healthcare run better. We are proud to be certified as a ‘Great Place to Work’ by the Great Place to Work Institute® (India) for the duration May 2023 – May 2024. We are an organization with a conducive work environment, ample opportunities to learn, contribute and grow with a highly empowered & engaged team. We encourage our people to share their best ideas and create new opportunities for our customers and ourselves to work together to solve today’s toughest healthcare challenges.

About Medline Industries, LP:

Established in 1966, Medline Industries LP is a renowned global healthcare organization boasting 56 years of consecutive sales growth, exceeding $21 billion in annual sales. With a workforce of over 36,000 professionals spread across the globe, we operate in more than 125 countries and territories. As the largest privately held manufacturer and distributor of medical supplies in the United States, Medline is uniquely positioned to offer comprehensive products, education, and support across the continuum of care. At present, Medline Industries, LP holds the esteemed position as the #1 market leader, delivering an extensive portfolio of over 550,000 medical products and clinical solutions. Our clientele includes hospitals, extended care facilities, surgery centres, physician offices, home care agencies, providers, and retailers. We are proud to be recognized by Forbes as one of America’s Best Large Employers and Best Employers for Women. Additionally, the Chicago Tribune has consistently named us a Top Workplace for the past 12 years.