Logistics Cost Optimization Specialist
3 weeks ago
We are seeking a highly skilled Logistics Cost Optimization Specialist to join our team at Samsung SDS America. This role is responsible for optimizing our warehousing and logistics costs by conducting strategic research, identifying, and negotiating with potential suppliers of warehousing equipment, services, real estate agencies, and spaces.
The ideal candidate will have 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, is required.
Key Responsibilities:
- Market Research:
- Conduct in-depth research on the warehousing and labor market, including trends, suppliers, pricing structures, and emerging technologies.
- Supplier Identification and Evaluation:
- Proactively identify, qualify, and assess 3PLs and potential suppliers for warehousing equipment, supplies, and suitable warehouse spaces.
- RFQ Data Analysis:
- Develop and manage detailed Requests for Proposals (RFPs) or Requests for Quotations (RFQs) to obtain proposals from potential suppliers.
- Obtain quotes from different suppliers to compare pricing and terms.
- Evaluate suppliers' quotes and compile a detailed assessment of cost element breakdowns.
- Maintain quote comparison with financial simulation and provide data for vendor selection.
- Negotiate pricing, quantity, terms, and conditions with vendors and 3PLs to secure favorable agreements.
- Collaboration and Strategy:
- Work with the legal team to ensure all conditions regarding the business are met in contracts.
- Consult with the sales team to provide recommendations/solutions to improve potential customers' logistics practices.
- Develop and implement procurement strategies to optimize pricing and achieve cost savings targets.
- Procurement System Administration:
- Administer the company's internal procurement system during the sourcing process.
- Implement business opportunities within the company to identify potential procurement opportunities.
- Supplier Relationship Management:
- Build and maintain positive relationships with existing and new suppliers to ensure reliable and efficient service delivery.
- Performance Monitoring and Improvement:
- Track 3PL and supplier performance, ensuring adherence to contract terms, quality standards, and delivery timelines.
- Contribute to the continuous improvement of warehousing processes, identifying efficiencies and cost-saving opportunities.
Estimated Salary: $80,000 - $110,000 per year, depending on skills and qualifications.
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