Vendor Cost Specialist

Testequity Hisco Group•Houston, TX

About The Position

The Vendor Cost Specialist maintains and updates accurate product costs and lists price data in PIM (Product Information Management) systems by receiving and processing price update information from vendors. This role also resolves cost issues emailed to the Product Team box quickly and accurately.

Requirements

High school diploma, or equivalent required
2+ years’ experience maintaining data in a business-to-business environment is preferred
Able to align goals with business objectives
Business Acumen (basic understanding of finance, accounting, marketing, and operations)
Experienced phone etiquette
Excellent interpersonal, oral, and written communications skills
Detail-oriented, team player, organized, self-starter, and self-motivated
Intermediate computer skills, including Microsoft Excel; Access experience a plus
Detail oriented, self-directed, organized, and efficient at time management
Focused on results rather than activities
Able to acquire working knowledge of PIM and company ERP System
Able to make value-added recommendations
Able to adjust easily to change, prioritize work, and meet deadlines
Ability to safely and successfully perform essential job functions in accordance with the ADA, FMLA, and other federal, state, and local standards, including meeting qualitative and/or quantitative productivity standards.
Ability to maintain regular and timely attendance in accordance with the ADA, FMLA, and other federal, state, and local regulations.
This position requires applicants to be authorized to work in the US without sponsorship; TestEquity does not sponsor applicants for work visas.

Responsibilities

Receive cost updates from vendors on an ongoing basis, apply updates to all matching products accurately and in a timely manner
Work with product line managers and vendors to resolve issues with products that don’t match vendor update files
Develop and maintain effective business relationships with vendors to facilitate communication and problem solving
Maintain and update the price book, updating web prices when costs are updated
Improve the cost update process to improve efficiency and align with changing business needs
Ensures accuracy of cost changes and list prices loaded into systems
Resolve cost issues emailed from sellers and service teams to the PDG box within 4 hours of receipt; Communicate resolution back to sender
Work larger projects involved with updating an entire vendor’s pricing in the Company’s Product Catalog. Tasks could include selecting vendors to work on, reaching out to vendors for pricing information, uploading data, resolving individual cost/price issues with products
Work with the pricing team to initiate ongoing communications to customer- facing teams when a price change has been implemented
Other duties as assigned