Apply now Apply Now Start applying with LinkedIn Please wait... 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 effec