Position: Pricing Analyst

Job Description:

Forward Air is looking for a Pricing Analyst. The Pricing Analyst will be a key contributor to the success of our organization supporting corporate executives, field leadership and partnering with all departments in the client support center. The Pricing Analyst will work closely with operations and senior leadership to perform detailed analysis and provide strategic data-driven guidance. This position will be responsible for identifying, developing, and implementing pricing strategies based upon in-depth historic data analysis, along with recurring review of previous projects to ensure continued accuracy. The successful candidate will be responsible for reporting on products, services, performance and competitive insights that lead to revenue and operational optimization.

Core Responsibilities & Duties:

• Interpret data, analyze results using statistical techniques and effectively communicate recommendations to improve business processes and results

• Work with senior leadership to develop, implement and effectively analyze, price, and respond to customer bid inquiries.

• Develop and optimize bidding processes geared towards specific recurring customer-driven requests.

• Extract data for analysis and predictive modeling from both internal and external provided sources, partnering with other departments to comprehend the base assumptions of the underlying data.

• Explore and analyze customer provided data, giving actionable insights and identify business opportunities.

• Support internal and external clients by preparing regular reports, including analysis, database querying, input on reporting metrics and presentations

• Responsible for assisting in the development of appropriate management-facing dashboards, and preparing reports for individual market-based financial performance reviews

• Prepare summaries of pricing for internal discussions and negotiations.

• Ability to effectively communicate the data-driven thought process and justification behind completed projects to internal teams and senior management

• Querying databases and Excel driven data-sets

• Developing reports and output for contract bidding

• Creating industry benchmark reports

• Analyzing large sets of data to determine cost drivers

• Assisting team members with special projects and program evaluation

• Other duties as assigned

Job Requirements

Qualifications:

• Bachelor's degree in Finance, Supply Chain, Mathematics, or related field or equivalent work experience

• 2-4 years work experience in a related field or industry, such as 3PL, LTL, or the broader transportation industry

• Oral and written communication skills

• Analytical skills

• Problem solving skills

• Accounting or Finance experience

Skills:

• Ability to be an independent contributor and take ownership of projects as assigned

• Strength in project management and ability to meet strict deadlines

• Possessing an understanding of transportation and logistics operations and payment structure

• Excellent communication skills with experience presenting and supporting data driven analysis

• Strong analytic and research skills

Forward Air is an Equal Opportunity employer.

#IND

About Us

Since 1990, Forward Air has been a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. We offer surface shipping on an accelerated “time-definite” basis, delivering cargo at a specific time, but under less time-sensitive situations – supplying you with a cost effective, reliable alternative to air transportation. We work with companies of all sizes to develop tangible advantages and build the best products to meet your specific needs. Forward Air presents to the wholesale transportation community (logistics companies, freight forwarders, integrated air cargo carriers, passenger/ cargo airlines, and non-traditional shippers), a single-source provider that can deliver more supply chain services and a superior menu of choices. Throughout the years we have added supplementary lines to our linehaul service, such as full truckload operations (Truckload Services), final-mile coverage (Complete® Cartage), and an Airline Logistics program, and we will continue to expand our services to meet the changing needs and growth of our customer base.

Forward Air is structured to optimize both savings and service to our customers. Direct partnerships with owner-operators and other surface transportation providers, enable us to remain cost-competitive. The Forward Air network is designed with over 90 facilities located at or near major U.S. and Canadian airports, 12 regional sort centers and over 300 beyond points (secondary airports provided through our Complete Cartage service), creating one of the most comprehensive linehaul networks in the industry.

Ranked 3rd in Newsweeks 2022 "Americas Most Trustworthy Companies (https://www.newsweek.com/americas-most-trustworthy-companies-2022/transport-logistics-packaging) " publication

About the Team