PDM Analyst II

This position is responsible for item creation and maintenance for specified divisions/areas across the United States. This role requires close collaboration with Marketing teams, Purchasing teams, as well as the Suppliers to leverage the information and knowledge to ensure all appropriate regulatory matters and other requirements are met during the item setup and maintenance process.  This position also requires the pricing management of Tier II and III Suppliers as assigned by the PDM Supervisor.  Responsibilities include analyzing supplier pricing to ensure system cost integrity, updating item cost and sell price, review of pricing reports and the daily research and resolution of invoice discrepancies. Work will be performed in close collaboration with the Purchasing and Marketing teams based on supplier assignments to maximize communication and synergy. Monitor key metrics and supplier pricing performance to ensure supplier pricing communications are received, accurately updated and managed for optimum performance.

Price Change Management - Manage price changes and related analytics for an assigned list of suppliers to assess financial impact of cost changes: Perform price change analysis and communicate variance and financial impact to Marketing and Purchasing teams. Improve pricing accuracy and analyze supplier performance through additional data analytics of exception reporting. Communicate effectively and work closely with buying team to ensure that pricing requirements and purchasing systems are correctly matched so that the company can optimize cost savings and meet supplier prerequisites, such as minimums, case quantities, sub-vendors, deal requirements, etc. A good working knowledge of the purchasing system will be required to be effective. Timely and accurate entry of all price changes for same assigned group of suppliers. This includes administrative functions such as pricing log entry, follow-up queries and entry of same. Initiate negotiations with suppliers for price increase extensions and significant price change variances. Assist the Purchasing and Marketing teams in other negotiations as necessary. Invoice Discrepancy Review - Management of all invoice discrepancies pertaining to cost. Timely and accurate resolution of daily invoicing discrepancies, including identification of the cause and proactive action to prevent future purchase order/invoice discrepancies on the item and vendor level for assigned group of suppliers. Work closely with Account Payables to ensure all invoices and debit memos are processed accurately and timely in accordance with supplier terms. Update Purchase Orders requests. Review and analyze email requests for legitimacy of reflecting a new cost on the PO. Determine if new cost should be used to update file cost. If change is to a stocking item run through pricing analysis. Responsible for setting up new items for designated divisions/areas. Prior to processing new item requests, review all incoming new item forms for completeness and accuracy and address any requirements including the item’s regulatory requirement and contractual agreement. Return any incomplete or inaccurate forms to originator for correction. Maintains existing items and address changes upon requests from Marketing teams, Purchasing teams or SKU Optimization team as required. This includes item conversions between stocking and non-stocking statuses based on sales and demand forecast. Assists with creation and maintaining item’s sales restrictions related to regulatory and contractual requirements. Resolves item discrepancies by working with the Distribution teams on Product Discrepancy Forms via the online DC Communications tool.  Works with DC Projects manager to ensure item “cold chain” information and location is correct and regulatory to advise on existing inventory and sales of product. Assists in managing the department mailboxes and related inquiries, or