Job details
Job type full-time
Full job description
Lowe’s is able to offer remote employment of this position in the following states: al, ar, az, co, de, fl, ga, ia, id, in, ks, ky, la, md, me, mi, mn, mo, ms, nc, nd, ne, nh, nj, nm, nv, oh, ok, sc, sd, tn, tx, ut, va, vt, wi, wv, wy
Job summary:
The srFinance specialist, freight cost optimization primary responsibility is to support lowe`s collect freight term strategy by engaging with lowe`s merchants, supply chain team, transportation operations, and suppliers to produce reliable freight cost information (by way of analysis) that support the merchant’s ability to make directionally correct retail pricing decisions.
They will support and assist with other administrative and reporting efforts for executive leadership review regarding prepaid to collect conversion activity as well as collect freight term analysis requestsAttention to detail is of paramount importance.
Individuals who will be successful in this role are innovative with a deep desire to learn finance and supply chain, highly adaptable to change, and work toward continuous process improvementHigh in analytical aptitude, thinking, and problem-solving is criticalStrongly welcomes challenge and opportunity.
Key responsibilities:
Initiate and conduct important communications with our suppliers for the purpose of obtaining the necessary accurate and reliable information that is required to produce critical freight analysis results; such results are directly used to enhance the company’s ability to make better pricing decisions and freight term conversion decisions that ultimately go to protect and grow company margin and profitability.
Perform freight analysis and ensure accuracy of results by comparing against a detailed knowledge and understanding of freight calculations, variables, and algorithms.
Serves as business liaison with it for all transportation systems/applications and establish themselves as a subject matter expert on all systems related to transportation for ecommerce and stock business; use this center of excellence to influence system and process changes that improve our ability to optimize freight cost.
Initiates, develops, and implements continuous improvement activities as they identify opportunities to improve team performance
Initiate and establishes the key relationships and lines of communication with operatives within our merchant and supply chain organizations to enable successful collaboration and synergy
Initiate and conduct critical communications with the merchants, process and system mangers, and suppliers to coordinate efforts and disseminate the necessary information to ensure successful freight term conversion of our supplier-partners
Effectively completes projects and data analysis independently or within a team as well as other work assigned by managerSuch projects and analysis will include but are not limited to: statistical analysis requiring collaboration with transportation operations and systems; transactional analysis requiring collaboration with accounting, freight payables, finance, and potentially external consultants.
Successfully communicating, reporting, and articulating project and analysis results to manager, colleagues, and key stakeholders via power point, msword, and excel-based presentations.
Strong communication skills are required both, written and verbal.
Required qualifications:
Bachelor`s degree in finance, business or related
3 years of professional experience in parcel transportation, ltl transportation or logistics
Preferred qualifications:
1 year of experience with transportation routing & optimization systems
Experience in data mining and visualization tool such as powerbi, sql, ms access and excel
Experience in building analytical models, proficient in mathematical and statistical analysis
Experience in or knowledge of supply chain planning and optimization through use of modeling and simulation tools
Working knowledge of merchandising decision-making tools for suppliers, items and sourcing to include financial determinations
Familiar with inventory management, planning, forecasting, and transportation processes and systems
Strong communication skills are required both, written and verbal
About lowe’s:
Lowe’s companies, inc(nyse: low) is a fortune® 50 home improvement company serving approximately 20 million customers a week in the united states and canadaWith fiscal year 2020 sales of nearly $90 billion, lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 300,000 associatesBased in mooresville, n.c., lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade expertsFor more information, visit lowes.com.
About lowe’s in the community:
As a fortune® 50 home improvement company, lowe’s is committed to creating safe, affordable housing and helping to develop the next generation of skilled trade experts through nonprofit partnershipsAcross every community we serve, lowe’s associates donate their time and expertise through the lowe’s heroes volunteer programFor the latest news, visit newsroom.lowes.com or follow @lowesmedia on twitter.
