The Pricing Executive is responsible for supporting the Business Development Unit on pricing, coordinating, and communicating with a goal to increase customer satisfaction. This role involves conducting cost analysis, negotiating with carriers/ Vendors, and collaborating with internal and external stakeholders to ensure competitive and profitable pricing solutions. The Pricing Executive will manage pricing for marine, mobilisations, logistics projects & technical services (for Non Key Accounts), considering market trends, fuel surcharges, and clients’ terms. The ideal candidate will have extensive experience in the offshore, freight forwarding, project logistics sector, with a deep understanding of oil and gas logistics, including Singapore port agency services, transportation of materials and heavy equipment as well as technical services.
Key responsibilities include building pricing strategies, support on rates sourcing responding to tenders, optimizing profitability, and leveraging market insights to adjust pricing dynamically. Expertise in Singapore port agency, international shipping, customs compliance, and freight management software is essential. This role demands strong analytical skills, industry knowledge, and the ability to work in fast-paced, high-pressure environments.
Responsibilties:
1. Pricing Strategy:
- Develop and implement pricing strategies specifically for Non-key accounts, ensuring competitive and profitable rates tailored to their unique requirements.
- Analyse client-specific needs, transportation modes, and project scopes to provide customized pricing solutions for each account.
2. Negotiation & Rate Optimization:
- Negotiate preferred rates with carriers and suppliers based on the volume and specific needs of key accounts, ensuring cost-effective solutions for the company.
- Continuously review and optimize pricing for client by monitoring port dues/ regulation, MPA practices, market trends, freight rates, and fuel surcharges to maintain competitive positioning.
3. Customer Collaboration:
- Work closely with relevant stakeholders to understand their logistics needs, challenges, and expectations.
- Provide ongoing supportfor clients, adjusting pricing models to accommodate changes in demand, project scope, or market conditions.
4. Data-Driven Pricing Decisions:
- Leverage data analytics to track and monitor pricing performance, profitability, and market conditions for key accounts.
- Use tools such as Excel, Power BI, Port 360 and freight management systems to generate custom reports for clients pricing performance and identify opportunities for cost-saving and revenue enhancement.
5. Cross-Functional Collaboration:
- Collaborate with operations, sales, and procurement teams to gather input on operational constraints and ensure pricing aligns with service delivery capabilities.
- Work with finance to ensure all pricing submissions meet internal financial goals and adhere to budget constraints for clients.
6. Customer-Focused Solutions:
- Act as the primary point of contact for pricing-related inquiries from clients, delivering quick and accurate responses to ensure high customer satisfaction.
- Proactively adjust pricing strategies to meet evolving client needs or market changes, providing value-added solutionsto strengthen long-term client relationships