MT Sourcing Analyst at Echo Global Logistics

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Job Description
The Sourcing Analyst is an essential team member responsible for a broad spectrum of support activities;

  • Client and internal departments support, hosting carrier meetings, participating in client business meetings and business reviews, continuous improvement initiatives, creation and management of sourcing SOP’s, carrier rate and capacity negotiations, TL rate loading in TLRG, escalation resource for operational service issues.
  • Works with account management and implementation to understand sourcing strategies.
  • Participate in continuous improvement projects and use established metrics to maintain Echo’s competitive purchasing value.
  • Provide projected TL pricing for Solutions and Sales pricing projects using internal Echo pricing data and 3rd party pricing databases.
  • Conducts RFPs and performs the associated analysis as well as negotiations as required.
  • Maintains carrier rate, fuel and accessorial agreements and related system applications involving procurement data.

Responsibilities

  • Sourcing – Understands the Carrier sourcing strategy developed by MT TL leadership and the action plans to achieve the sourcing team’s objectives. Work with MT Operations to assure client spend is in line with agreed sourcing strategy. Assists in analyzing client TL business and evaluate potential savings through MT TL sourcing tools. Participates on MT Operations and Implementation teams providing needed support. Links market knowledge and client requirements to enable the creation of breakthrough sourcing strategies.
  • TLRG Rate Program – Responsible for following established SOP’s to validate the accuracy of contracted Carrier pricing and entering the Carrier pricing into applicable templates to be entered into Echo TLRG. Ensuring the contracted pricing data integrity/maintenance of rate contracts in accordance with grants of authority guidelines. Ensures rate agreements comply with master carrier and client agreements. Resolves rate discrepancies through interaction with Echo MT TL Sourcing and Echo MT Operations.
  • Contract Negotiation and Contract Management – Participates in negotiation sessions with carriers. Prepares, implements and audits compliance with appropriate contract templates. Resolves issues regarding Carrier service quality and provided capacity.
  • Carrier Management and Performance Tracking – Manages, monitors, reports and seeks to continuously improve Carrier performance. Acts as a primary point of contact for Carrier interactions and assists in Carrier’s performance assessments. Maintains a working knowledge of Carrier’s service offerings, geographic coverage, contractual agreements and transportation terms. Evaluates Carrier’s scorecard performance.
  • Analysis – Conducts Tableau data analysis comparing Echo MT TL pricing and available pricing data sources including DAT and internal Echo TL network pricing. Responsible for communicating to Echo MT Operations when account pricing exceeds market levels as well as recommending and implementing action items to resolve.
  • Continuous Improvement – Keeps abreast of current procurement general knowledge, procedures, and business issues in order to facilitate effective and practical solutions to MT TL Operations requests, concerns, and inquiries. Continuously work with Echo stakeholders to understand and validate their needs. Assists in providing feedback to sourcing team members regarding the integration of preferred Carrier relationships including the effectiveness of the stakeholder/Carrier interface and problem resolution.

Requirements:

  • Bachelor's degree preferred
  • Understanding of TL Pricing basics
  • Operational experience with TL shipments
  • Ability to present information to peers, clients, and varying levels of management

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, status as a qualified individual with a disability, or Vietnam era or other protected veteran.

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Location

Located in River North overlooking the River! Easily accessible and close to various train and bus stops, including a shuttle from Union Station.
Echo Devs Say They're Building Tech that Doesn't Yet Exist in Transportation Space
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An Insider's view of Echo Global Logistics

How would you describe the company’s work-life balance?

Managers at Echo get to know you by having one on one meetings, so they understand your personal life. Echo is flexible with when you arrive and leave from work, so that it fits with your schedule. Echo understands that life happens, so leaving early isn’t a problem as long as you make it up later. I feel that Echo respects my personal time.

Erin

Sr. Software Engineer

What projects are you most excited about?

I am most excited around a project designed to transform and re-build our API architecture. This project is not only very beneficial to our clients but also allows members of my team to work on and be exposed to a high visibility design that will have a positive impact on the client experience when integrating with Echo.

Rob

Integration Operations TL

How does the company support your career growth?

Echo has a start-up feel but has an infrastructure that supports training, learning, and development, which in-turn allows for growth potential. At Echo you will be challenged in honing your skills in a constantly evolving industry and company. This can allow for each person to set themselves up for overall career growth.

Trisha

Product Director

How do your team's ideas influence the company's direction?

Echo structures itself into small teams that focus on key initiatives. We spend time planning, executing, and delivering technology to simplify the complex demands of transportation.

Miles

Chief Information Officer

What are Echo Global Logistics Perks + Benefits

Echo Global Logistics Benefits Overview

401k with company matching
Medical insurance through Blue Cross/Blue Shield
Health Savings Account (HSA)
Flexible Spending Account
Parental leave
Paid time off
Commuter benefits
Divvy discount code
Employee training programs
Volunteer time off
Casual dress code
Pet insurance
Gym membership discounts
Mobile carrier discounts
Employee assistance program

Culture
Friends outside of work
Eat lunch together
Open door policy
Group brainstorming sessions
Open office floor plan
Diversity
Unconscious bias training
Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Onsite Gym
River North Gym is in the building
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Vacation & Time Off Benefits
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Beer on Tap
Casual Dress
Commuter Benefits
Company Outings
Game Room
Happy Hours
Parking
We offer employees Paid on-site garage parking.
Recreational Clubs
Echo has it's own Softball league in the spring/summer!
Fitness Subsidies
Gympass!
Professional Development Benefits
Job Training & Conferences
Promote from within
Time allotted for learning

Additional Perks + Benefits

Fast-paced. People-focused. Career-growth-centric. At Echo we work hard and carry the load together, but we also know how to have fun. Walking onto the sales floor of our 225,000-square-foot Chicago headquarters, you can feel the energy created by more than 800 sales representatives hustling to move over 16,000 shipments every day. When the last load is booked, you might find co-workers gearing up for summer softball, talking shop at our weekly “Beer Friday,” or competing in a game of foosball, ping-pong, or pop-a-shot.

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