Senior Analyst Freight Cost Optimization

Year    KA, IN, India

Job Description

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based 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 experts.

About Lowe's India

At Lowe's India, we are the enablers who help create an engaging customer experience for our $97 billion home improvement business at Lowe's. Our 4000+ associates work across technology, analytics, business operations, finance & accounting, product management, and shared services. We leverage new technologies and find innovative methods to ensure that Lowe's has a competitive edge in the market.


Lowe's currently undertaking a project to convert many of its vendor partners from Prepaid freight terms to Collect. This means that the control of the freight would move from a vendor to Lowe's managed. This opportunity is both within regular stock product, as well as, Special Order Sales (SOS).


This position would be part of a larger US based team that will solely focus on attacking this project for both SOS and Stock.

Roles & Responsibilities:


Core Responsibilities:

• Will be responsible helping perform complex analytics that will help the US team negotiate the separation of Freight from cost from the supplier community.
• Responsible of cleaning data, conducting exploratory analysis and measuring required KPIs
• Capable of modeling complex Costing and Margin Impact Scenarios in an Excel/Python environments using complex data elements
• Have a good understanding of US retail industry. This will allow them to better understand the cost and sale elements of a retail giant and in turn help improve costing structure through freight.
• Be able to create tools to systemically remove a vendor's freight from cost to support the negotiation with the vendor to have it taken out. This will include pulling data from multiple locations and systems to generate a new proposed first cost.

Years of Experience

• 4+ years of experience in Supply chain Management
• 3+ years' experience in optimization principals, modeling, and tools
• 3+ years' experience in data analytics
• 2+ years' experience of project management

Education Qualification & Certifications (optional)


Required Minimum Qualifications:

• Bachelor's/Master's Degree in Engineering, Logistics, Business, Supply Chain, Operations Management or related discipline

Skill Set Required


Primary Skills (must have)

• Understanding of US retail. Knowledge of transportation freight terms.
• Must have strong data manipulation and analytical skills.
• Strong communication skills, so their analytics can be effectively communicated back to the US team for negotiations.
• Experience in Data mining and visualization tool such as PowerBI, SQL and Excel
• Experience in building analytical models, proficient in mathematical and Statistical analysis in Python
• 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

Secondary Skills (desired)

• Machine learning skills

•Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.•

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Job Detail

  • Job Id
    JD3390817
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    KA, IN, India
  • Education
    Not mentioned
  • Experience
    Year