Job Description
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Logistics and Energy Market & Cost Associate
Date:
Jun 9, 2024
Location:
Columbus, OH, US
Company Overview
Grounded by a history that is deeply rooted in innovation, Hexion is a global employer committed to building and protecting the future by producing innovative performance materials.Our materials are the building blocks for critical industries, including construction, agriculture, energy, automotive, and infrastructure protection. Everywhere you look, you will find our materials and people at work to help customers make products that are stronger, safer, and cleaner. When you work for Hexion, you'll join a team that is committed to operating safely and with integrity to build a more sustainable future for all, our associates, our customers, and the communities where we live and work.
Position Overview
We are seeking a detail-oriented and analytical individual to join our team as a Logistics and Energy Market and Cost Associate. In this role, you will be responsible for monitoring and analyzing logistics operations, energy markets, and associated costs to optimize efficiency and reduce expenses. You will work closely with various departments to gather data, conduct research, and develop strategies to improve our logistical processes and manage energy-related expenses effectively.
Job Responsibilities
Key Responsibilities
Logistics cost modeling(truck, rail, terminal, etc.)
Energy modeling
Logistics and Energyleading indicator modeling
Challenging currentstrategies and BATNAs
LogisticsCoupa RFX lead
Non-Optimal Freight
Lead Supply ScenarioAnalysis (transloading,storage, rail turns analysis,payload analysis, $/mileanalyses, mode analysis,Warehouse Locationanalysis, etc.)
Source Change analysis
Design and support of RFI, RFP and RFQ in partnership with procurement partners.
Logistics Analysis: Analyze logistics operations to identify areas for improvement in transportation, warehousing, and distribution processes. Monitor key performance indicators (KPIs) to assess efficiency and identify cost-saving opportunities.
Energy Market Research: Stay informed about developments and trends in the energy market, including fluctuations in fuel prices, renewable energy options, and regulatory changes. Conduct research to understand how energy market dynamics impact logistics costs.
Cost Management: Monitor and track logistics-related expenses, including transportation costs, fuel expenses, warehousing fees, and energy consumption. Identify cost drivers and implement strategies to mitigate expenses while maintaining service levels.
Data Analysis: Collect and analyze data related to logistics operations and energy consumption. Use statistical methods and modeling techniques to identify patterns, trends, and correlations that can inform decision-making and cost-saving initiatives.
Vendor Management: Work closely with logistics service providers, energy suppliers, and other vendors to negotiate contracts, optimize service levels, and minimize costs. Evaluate vendor performance and make recommendations for improvements or changes as needed.
Compliance and Regulatory Compliance: Ensure compliance with regulatory requirements related to logistics operations, energy usage, and environmental standards. Stay updated on relevant laws and regulations to mitigate risks and avoid penalties.
Collaboration: Collaborate with cross-functional teams, including supply chain, procurement, finance, and operations, to develop and implement strategies for cost optimization and process improvement. Communicate effectively to ensure alignment and support for initiatives.
Required Skills
Ability to quickly synthesize and distill industry data and information into relevant economic drivers and leverage points
Program leadership and skilled at escalating and resolving barriers or milestone gaps to keep on-target
Working knowledge of cost estimation, expected value, capacity utilizations, and optimization techniques
Organic chemistry knowledge
Proficient at navigating the fast/precise continuum and using engineering rules-of-thumb to build cost and decision models
Competencies
Drives scope development and management
Influences without authority
Comfortable managing raw data and understanding how it fits into the broader picture of the specific analysis being performed
Builds credibility from synthesis, flexibility, and prioritization
Incorporates scenarios and options to frame uncertainty
Creates value by distilling data into industry trends and competitive insights
Develops metrics to track progress towards goals
Demonstrates a sense of personal urgency and energy to achieving results
Leads value creation through the empowerment of others, sharing information, and leveraging knowledge across the organization
Adept at Future Based thinking
Minimum Qualifications
6-10 years relevant combined chemical/industrial economic evaluations.
Experience in petrochemicals, energy, or related industries, with a focus on market analysis, cost management, or strategic planning.
Demonstrated success leading cross-functional programs in a matrixed environment
Experience developing economic models integrating sourcing, supply chain, trade flow data, and process economics
Strong ability to frame risk/opportunities with progressive levels of detail
Proficiency in working in a fast-paced, complex, dynamic, multicultural business environment
Previous experience in logistics, energy market analysis, or cost management preferred.
Strong analytical skills with the ability to interpret complex data and draw actionable insights.
Excellent communication and interpersonal skills.
Detail-oriented with a focus on accuracy and precision.
Knowledge of transportation regulations, energy markets, and sustainability practices is a plus.
Travel up to 25%
Education Requirements
Bachelor's degree in Business Administration, Supply Chain Management, Logistics, Economics, or a related field.
Master's degree preferred
Other
In order to be considered for this position candidates are required to submit an application for employment through our career site, be at least 18 years of age, willing to take a drug test, submit to a background investigation as part of the selection process, as well as additional periodic background checks as required by the Chemical Facility Anti-Terrorism Standards (CFATS) or regulations adopted by the department of Homeland Security or other regulatory agencies.
Candidates are required to have unrestricted authorization to work in the United States.
If currently an employee of the Company, you must have current satisfactory work performance and in most cases, have been in your current role for 18 months.
Disclaimer: We are not accepting unsolicited assistance from search firms/employment agencies for this employment opportunity. Please, no phone calls or emails to any employee about this position. All resumes submitted by search firms/employment agencies to any employee of the Company via email, the Internet, or in any other form and/or method without a valid written search firm agreement in place for this position will be deemed the sole property of the Company; no fee will be paid in the event a candidate is hired by the Company as a result of the unsolicited referral or through other means.
Nearest Major Market: Columbus
Nearest Secondary Market: Dublin
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We are an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to gender, minority status, sexual orientation, gender identity, protected veteran status, status as a qualified individual with a disability or any characteristic protected by law.
