Freight Manager

4 weeks ago

Bengaluru, Karnataka, India Tata Electronics Full time
Freight Rate Negotiation Specialist

The role involves securing competitive freight rates for air, sea, express courier, and ground transportation while ensuring optimal cost-effectiveness and efficiency. This position requires a strong understanding of the global logistics landscape, exceptional negotiation skills, and the ability to build and maintain strong relationships with carriers, freight forwarders, and transporters.

Responsibilities:

- Freight Rate Negotiation:
- Negotiate and secure competitive freight rates with air, sea, express courier and ground transportation.
- Analyse market trends and carrier pricing to identify cost-saving opportunities.
- Develop and maintain a comprehensive database of carrier rates and service offerings.
- Prepare and present rate proposals to internal stakeholders and clients.
- Manage and resolve rate discrepancies and disputes.
- Strong understanding of global logistics, including Incoterms, customs regulations, and transportation modes.
- Freight Invoice processing, auditing, and Payment processing, with monthly outstanding settlements.

Carrier Relationship Management:

- Build and maintain strong relationships with key carriers, freight forwarders, Customs house Agents/Brokers, and ground transportation providers.
- Evaluate carrier performance and ensure adherence to service level agreements.
- Conduct regular carrier reviews and negotiations to optimize pricing and service.
- Stay informed about carrier updates, including rate changes, service disruptions, and new offerings.

Market Analysis and Research:

- Conduct thorough market research to understand industry trends, pricing fluctuations, and regulatory changes.
- Analyze freight market data and provide insights to support strategic decision-making.
- Monitor competitor pricing and service offerings.
- Prepare reports and presentations on market analysis and rate trends.

Documentation and Reporting:

- Maintain accurate and up-to-date records of rate agreements, contracts, and carrier communications.
- Prepare regular reports on freight rate performance, cost savings, and market trends.
- Ensure compliance with all relevant regulations and company policies.
- Logistics Service Provider Invoicing and Audit of rates and Services.

Qualifications:

- Bachelor's degree in Supply Chain Management, Business Administration, or a related field (preferred).
- Minimum 12-15 years of experience in freight rate negotiation, preferably in air, sea, express courier, and ground transportation.
- Proven track record of successfully negotiating competitive freight rates.
- Excellent negotiation, communication, and interpersonal skills.
- Proficiency in using Transportation Management Systems (TMS), SAP and Microsoft Office Suite.
- Analytical and problem-solving skills, with the ability to interpret and analyze complex data.
- Ability to work independently and as part of a team in a fast-paced environment.
- Strong attention to detail and organizational skills.
- Knowledge of freight market software and rate management tools.

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