Product Specialist

Job Purpose:
The Product Specialist-Ocean and Air Freight is responsible for securing competitive rates from ocean carriers, supporting WeFreight’s sales teams in pricing freight forwarding services. The role involves developing and managing carrier and vendor relationships, analyzing market dynamics, and ensuring timely responses to RFQs and tenders, while supporting the global ocean freight strategy.
Key Responsibilities:
• Rate Procurement & Negotiation
o Lead negotiations for FAKs, bundled rates, and contract agreements with ocean carriers, ensuring competitive pricing.
o Secure both core and non-core carrier relationships, establishing a strategic approach to rate procurement.
o Monitor carrier performance, ensuring compliance with Minimum Quantity Commitments (MQCs) and agreed terms.
o Support the implementation of WeFreight’s ocean procurement strategy, aligning it with business objectives.
• Tender and RFQ Management
o Oversee the receipt, registration, and timely response to tenders and RFQs, maintaining a comprehensive repository of submissions.
o Ensure compliance with tender requirements, preparing clear and competitive proposals in collaboration with the tender management team.
o Provide market insights and value-added information to support sales and improve win rates.
• Pricing Management
o Develop and maintain a comprehensive pricing model that aligns with market conditions and business goals.
o Manage ocean tariff templates, ensuring accuracy and timely updates.
o Analyze price sensitivity and profitability, making recommendations for revenue adjustments and margin improvements.
o Communicate pricing adjustments to internal and external stakeholders, ensuring transparency and clarity.
• Market Intelligence & Analysis
o Collect, analyze, and distribute market intelligence to relevant teams, providing updates on rate trends, carrier behaviours, and market dynamics.
o Act as a central point of contact for regional pricing inquiries, offering insights into local and global market conditions.
o Provide feedback on procurement performance, identifying areas for improvement and aligning with the global product strategy.
• Product Development & Management
o Contribute to the development of ocean freight products, aligning definitions with global standards.
o Support product training initiatives, ensuring the sales team is equipped with up-to-date knowledge.
o Align product offerings with customer requirements, collaborating with commercial teams to ensure competitive advantage.
• Carrier Management
o Maintain and enhance relationships with ocean carriers, driving long-term partnerships and improved procurement results.
o Coordinate negotiations for FCL and LCL services, focusing on competitive pricing and value-added solutions.
o Address operational issues with carriers, acting as an escalation point and ensuring timely resolution.
• Process Optimization & Compliance
o Ensure efficiency in procurement processes, supporting the creation of minimum selling rate guidelines and aligning with regional procurement strategies.
o Maintain data integrity within the rate management system, ensuring accurate information is accessible to relevant stakeholders.
• Reporting & Communication
o Provide regular reports on procurement performance, rate competitiveness, and carrier utilization.
o Communicate effectively with regional and global teams, ensuring alignment on procurement goals and strategies.

Medical insurance
,#training provided
,#laptop

Communication Skills, Contract Negotiation, Market Analysis, Pricing Model, Sea Freight