B
Logistics Network Yield Manager
Salary undisclosed
Apply on
Original
Simplified
Job Description
Job Description
Description:
Job Summary:
The Network Yield Manager is responsible for managing and optimizing the profitability and efficiency of the company s trucking network. This role focuses on maximizing revenue through strategic balancing of freight load capacity, pricing, and route efficiency. The ideal candidate will possess strong analytical skills, a deep understanding of the trucking industry, and the ability to collaborate effectively with operations, sales, and logistics teams to enhance network performance and profitability.
PRIMARY TASKS & RESPONSIBILITIES:
Yield Optimization:
- Monitor and manage the utilization of trucks and trailers to ensure optimal load capacity.
- Analyze demand patterns, freight rates, and operational costs to maximize profitability.
- Develop pricing strategies for freight lanes, balancing volume and revenue targets
Network Planning & Optimization:
- Design and maintain efficient routing networks to minimize empty miles and maximize truck utilization.
- Identify opportunities for load consolidation and optimization of delivery schedules.
- Collaborate with dispatchers and route planners to adjust routes based on real-time conditions and opportunities.
Data Analysis & Forecasting:
- Analyze historical data and trends to forecast demand, capacity, and necessary pricing adjustments.
- Utilize key performance indicators (KPIs) to measure and enhance network performance, including load factor, revenue per mile, and cost per mile.
- Monitor market conditions, fuel prices, and economic trends to adapt strategies accordingly.
Collaboration & Communication:
- Work closely with sales and customer service teams to align pricing strategies with customer needs and market dynamics.
- Communicate effectively with operations and fleet management teams to ensure network adjustments are executed efficiently.
- Provide insights to management regarding potential opportunities and risks within the network.
Technology & Tools:
- Leverage transportation management systems (TMS) and advanced analytics tools to enhance network efficiency.
- Stay informed on emerging technologies in logistics, including automation, AI, and IoT, to improve decision-making.
Revenue Management:
- Develop and implement strategies to increase overall profitability of the trucking network.
- Create and execute plans to optimize lane density, reduce empty miles, and enhance revenue per truckload.
- Adjust freight rates and pricing based on competitive market dynamics
- Bachelor s degree or an equivalent combination of education and/or experience required.
- 3-5+ years of experience in transportation, logistics, or a similar role focused on yield management or network optimization.
- Strong analytical skills, with proficiency in data analytics and reporting tools.
- Knowledge of transportation management systems (TMS) and freight pricing models.
- Excellent communication and interpersonal skills.
- Ability to thrive in a fast-paced environment and make real-time decisions.
- Familiarity with market trends in the trucking industry, fuel prices, and regulations.
Experience Preferred:
- Experience with load optimization and route planning software.
- Understanding of freight brokerage and third-party logistics (3PL) operations.
- Proficiency in Excel, SQL, or other data analysis tools.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
Report this job Similar Jobs