Pricing & Procurement Specialist
4 months ago
Pricing & Procurement Specialist
5650 Keaton Crescent, Unit A & B, Mississauga, ON L5R 3G3
Responsible for negotiating with Ground & Rail carriers to source & secure most competitive rate and service as part of overall Canadian Ground & Rail carrier strategy. Provide Solutions to internal & external customers in timely manner. Complete related carrier strategy and tracking projects as required. Function as lead to other analysts and specialists in department. Models and acts in accordance with our guiding principles and core values.
Typical Responsibilities:
- Identifying and managing the relationship with the country and Region, Ground & Rail suppliers, contracts including negotiating terms and conditions, maintaining SRM (Supplier Relationship Management)
- Develop strategy and implement Tenders for Ground & Rail operations to secure most competitive rate for specific trade lanes.
- Present strategy with industry trend background information to upper management and final rate to upper management for approval.
- Prepare and file contracts internally insuring all applicable steps.
- Utilize & Automate internal systems (rate tables, contract management systems, etc.) to retrieve current and benchmark requests for new Ground & Rail rates.
- Complete carriers spend tracking and global carrier strategy projects in a timely manner.
- Become Subject Matter Expert in area of responsibility for relevant industry trends including carrier rate actions, general rate increases (GRIs) and fuel, which influences rates. Integrate Ground & Rail carrier supply and demand, competitor actions and other capacity related factors into rate decisions.
- Prepare and update carrier profiles and matrix reports in support of global core and/or project carrier strategy and carrier management.
- Function as lead to other analysts and specialists in the department.
- Monitor KPI’s, market dynamics and competitor pricing strategies to identify opportunities for optimization and improvement.
- Perform other duties as assigned.
**Requirements**:
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to generate error-free reports, charts and graphs and write reports, business correspondence, and procedure manuals.
- Demonstrated knowledge of relevant industry trends including carrier rate actions, general rate increases (GRIs), and fuels which influence rates. Ability to analyze and integrate Ground & Rail carrier supply and demand, competitor actions, and other capacity related factors into rate decisions.
- Strong financial analytical skills with experience in performing quantitative statistical analysis, simulation models, and mathematical models. Proficient in the use of analytical techniques such as statistical probability distribution, correlation, data sampling and relating sets of numbers.
- Advance proficiency in MS Excel (Index/Match/Lookup, IF, Goal Seek, Macros, Arrays)
- SQL & Power BI Knowlege is preferred
- Capable of communicating and interacting effectively with multi-functional and diverse backgrounds and ability to effectively present information and respond to questions from management, employees, customers and vendors. Ability to lead, mentor and coach other analysts and specialists in the department.
- Demonstrated positive, competitive, confident personality with strongly developed persuasive skills and a customer-focused orientation. Demonstrated skill in effective negotiations.
- Ability to work effectively in a team environment to achieve results, or work independently with little or no supervision. Effective planning and organizational skills to schedule appointments appropriately and to meet reporting deadlines. Effective follow-up skills.
- Must be adaptable to changing needs of client(s) and goals of Company.
- Must be able to read, write and speak English fluently.
Minimum:
- Minimum 5 to 7 years job related experience.
- In-depth knowledge of the Ground & Rail products line and services.
- Experienced in strategy development of competitive rates for specific trade lanes.
- Familiar with internal systems (rate tables, contract management systems, etc.) to retrieve current and benchmark requests for new Ground & Rail rates.
- Experience in contract preparation
Preferred:
- Bachelor’s degree in Engineering, Supply Chain, or other related discipline or equivalent combination of work experience and education, and/or completion of the LDP Program.
- Minimum 4 years industry experience in procurement or sourcing of transport, logistics or supply chain management.
Travel: No Travel Required
Pay: Up to $90,000.00 per year
**Education**:
- Secondary School (preferred)
**Experience**:
- Pricing & Procurement: 5 years (required)
- Ground & Rail: 5 years (required)
- Advanced Excel Skills: 3 years (required)
- SQL or PowerBI: 3 years (required)
**Location**:
- Mississauga, ON (required)
Work Location:
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