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Logistics Pricing Analyst
2 months ago
Logistics Pricing Analyst Job Description
**Job Summary**
We are seeking a highly skilled Logistics Pricing Analyst to join our team at Samsung SDS America. As a key member of our logistics operations, you will be responsible for analyzing market conditions and economic situations to optimize transportation pricing strategies.
**Key Responsibilities**
* Conduct internal and external transportation data analytics and cost research to support carrier negotiation
* Analyze current market conditions and economic situations to evaluate the efficiency of surface transportation routes
* Author and report weekly market analysis reports to management regarding buying/selling prices of major routes by transportation modes
* Collect key information from partner companies to provide management with strategic insights
* Maintain and update monthly global logistics reports related to operations and finances
* Provide recommendations based on data analysis and research to optimize logistics strategies
* Conduct internal and external RFQ data analysis and cost research for freight forwarder/carrier sourcing
* Obtain quotes from different suppliers and negotiate price, quantity, terms, and conditions with freight forwarders, ocean/intermodal drayage carriers
* Work with the legal team to ensure all conditions regarding the business are met in the contract
* Administer the company's internal procurement system during the sourcing process
* Evaluate suppliers' quotes and compile a detailed assessment of cost element breakdowns
* Maintain quote comparison with financial simulation and provide data for freight forwarder/carrier selection
* Utilize advanced analytical tools (MS BI, Tableau, etc.) and methods to process large and complex datasets related to bidding
* Develop and implement statistical models, scenarios, and visualized charts to support decision-making and optimization of transportation processes and operations
* Perform data quality checks, data cleansing, and data visualization to ensure accuracy and reliability of data and reports
* Apply advanced statistical methods (regression, clustering, forecasting, etc.) to identify patterns, trends, and anomalies in logistics data and provide actionable insights and recommendations
* Collaborate with cross-functional teams and stakeholders to understand business needs, define analytical problems, and communicate findings and solutions
**Requirements**
* Bachelor's degree in Business Administration, Supply Chain Management, Economics, or related field
* 7+ years of experience as a Logistics Analyst or a similar role, demonstrating progressively increasing responsibilities and accomplishments
* Proficiency in Microsoft Access and Excel, with the ability to manipulate large datasets and create complex reports
* Strong analytical skills, with the ability to interpret data and provide actionable insights to improve logistics operations
* Excellent written and verbal communication skills, with the ability to effectively convey complex information to stakeholders at all levels
* Ability to thrive in a fast-paced environment and manage multiple priorities effectively
* Strong collaboration and interpersonal skills, with the ability to work effectively in cross-functional teams
* Willingness to work additional hours outside of regularly scheduled business hours, including weekends and holidays, to meet business needs
**Benefits**
Samsung SDS America offers a comprehensive suite of programs to support our employees:
* Top-notch medical, dental, vision and prescription coverage
* Wellness program
* Parental leave
* 401K match and savings plan
* Flexible spending accounts
* Life insurance
* Paid Holidays
* Paid Time off
**About Samsung SDS America**
Samsung SDS America is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, status as a protected veteran, marital status, genetic information, medical condition, or any other characteristic protected by law.