Analyst, Trade Operations

ICU Medical · North Suburbs

Company

ICU Medical

Location

North Suburbs

Type

Full Time

Job Description

Description

Position Summary

The Trade Operations Analyst is responsible for new product set-up with Trading Partners to facilitate the indirect sale of ICU Medical products to our end customer. Trade Operations

Analyst is charged with maintaining distributor contracts within the Model N Contracting system and providing analytical support of distribution management.

Essential Duties & Responsibilities

• Handle incoming distributor product and Acquisition pricing inquiries and requests.

• Maintain records of Acquisition Pricing communicated to Trading Partners.

• Manage completion and submission of new product set-up forms: HDA, PIRFs, New Item Set-up forms.

• Implement and maintain distributor fee for service rebate program and Sourcing contracts within Model N.

• Draft Letters of Amendments (LOAs) to existing distribution agreements.

• Prepare financial models and analysis of Distributors' compensation.

• Provide data and/ or analytics to support Acquisition Price Changes, Floor Stock Adjustment valuations, distributor sales trending reports and distributor quarterly business reviews and scorecard discussions.

• Analyze contracts with Wholesaler Acquisition Cost (WAC) violations. Recommend corrective course of action to Trade Manager, Contract Analyst and Manager.

• Assist Sales and Sales Support during the onboarding process of Indirect customers.

• Maintain cross reference of Trading Partner's Master Product Data files to ICU Medical Oracle Items.

• Audit Trading Partners' Acquisition Pricing files annually and provide Price Change Notices.

• Collaborate with Accounts Receivable and/ or Contract Admin departments to resolve pricing holds or invoice discrepancies.

• Provide support for process improvement, standardization, or strategic initiatives.

Knowledge, Skills & Qualifications

Required

• Strong analytical and problem-solving skills, demonstrated ability to gather, understand and evaluate information from various sources; establishes links between sources of data, draws logical conclusions and provides appropriate options, recommendations, and wise decisions in a timely manner

• Intermediate Microsoft Excel skills

• Strong Communication skills. Ability to provide complete, concise, accurate information in verbal and written formats.

• Demonstrated ability to manage multiple priorities and deadlines

• A well-organized and self-directed individual who can work with minimal supervision to independently identify, research and resolve issues

Preferred

• Prior Model N and Oracle experience

• 2+ year(s) experience with data analytics

• 1+ years working in Medical industry

Education

• Bachelor's degree in business, marketing, economics or related field or equivalent experience.

Minimum Qualifications

• Must be at least 18 years of age

Travel Requirements

• Typically requires travel less than 5% of the time

Physical Requirements and Work Environment

• This is largely a sedentary role.

• This job operates in a professional office environment and routinely uses standard office equipment.

ICU Medical is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Date Posted

03/18/2024

Views

2

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