Engineer- Supply Chain

Flextronics - The Flex Company; Chennai District; On-site; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Health Insurance

Paid Time Off

Job summary

Flex in Chennai seeks a Specialist - Supply Chain Solution to support its material sourcing, pricing, and cost-management initiatives. The role focuses on driving supplier negotiations, cost ownership, and supply assurance for diverse electronics projects.

Qualified candidates typically hold a Bachelor's degree with 3+ years in finance, sourcing or supply chain, and strong cost accounting knowledge. Flex offers health benefits and opportunities across a global manufacturing network.

Qualifications

• Typically requires a Bachelor's degree or equivalent experience.
• Typically requires a minimum of 3 years of experience in finance, materials sourcing, commodity management or supply chain design/management or other related area.
• Must have an understanding of cost accounting, electronic component markets, price trends and technologies.
• A background in electronics manufacturing and a thorough understanding of Original Equipment Manufacturing (OEM) product development process.

Responsibilities

• Drives sourcing/pricing strategies in materials quotations.
• Presents materials value-add to customers or suppliers, and influence customer to use Flex preferred suppliers.
• Interfaces with customer or supplier in new project start-up, for cost of ownership issues.
• Develops and guides implementation of flexibility and supply assurance plans.
• Manages component cost/price on a local, regional and global basis.
• Tracks materials financial performance and initiate corrective actions when required.
• Defines and implements pricing and costing strategies.
• Coordinate sourcing strategies with Supply Management and Customers.
• Develop and implement cost take down strategies.
• Increase Vendor Managed Inventory, Reduced Guide-Time and Electronic Data Interface penetration.

Skills

Cost accounting

Sourcing

Supply chain design

OEM process understanding

Education

Bachelor's degree or equivalent

Job description

Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world. A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment.

Job Summary

To support our extraordinary teams who build great products and contribute to our growth, we’re looking to add Specialist - Supply Chain Solution position will be based in Chennai.

What a typical day looks like

• Drives sourcing/pricing strategies in materials quotations.
• Presents materials value-add to customers or suppliers, and influence customer to use Flex preferred suppliers.
• Interfaces with customer or supplier in new project start-up, for cost of ownership issues.
• Develops and guides implementation of flexibility and supply assurance plans.
• Manages component cost/price on a local, regional and global basis.
• Tracks materials financial performance and initiate corrective actions when required.
• Defines and implements pricing and costing strategies.
• Coordinate sourcing strategies with Supply Management and Customers.
• Develop and implement cost take down strategies.
• Increase Vendor Managed Inventory, Reduced Guide-Time and Electronic Data Interface penetration.

Specialized Job controls may be required for certain positions. These could include on or more of the following duties:

Supply Management

• Manage regional supplier contract negotiations, which includes Memorandums of Comprehension, Non-disclosure and regional pricing agreements.
• Develop and maintain supplier relationships.
• Measure and report Purchase Price Variance and initiate action plans.
• Monitor and manage supplier times.
• Mitigates shortages, excess on order and excess on hand.
• Participate on and help global and regional commodity teams.
• Contribute information/data on top spend suppliers for quarterly scorecards.

Customer Supply Chain Management

• Manages material cost reviews.
• Drive initiatives to improve gross material margin.
• Identify, implement and drive actions for Retained Purchase Price Variance (RPPV) optimization.
• Drive reconciliation process with customer (PPV, Premium charges, carrying costs, freight charges, excess and obsolete inventory, Non-cancelable, Non-Returnable (NCNR), etc.)
• Identify opportunities to increase turnkey business and develop materials management plan.
• Coordinate quarterly/monthly PPV hard call process.

Here is some of what you’ll need (required)

• Typically requires a Bachelor's degree or equivalent experience.
• Typically requires a minimum of 3 years of experience in finance, materials sourcing, commodity management or supply chain design/management or other related area.
• Must have an understanding of cost accounting, electronic component markets, price trends and technologies.
• A background in electronics manufacturing and a thorough understanding of Original Equipment Manufacturing (OEM) product development process.

What you’ll receive for the great work you provide

• Health Insurance Paid Time Off #LP17

Job Category Global Procurement & Supply Chain

Required Skills

Optional Skills

Flex pays for all costs associated with the application, interview or offer process, a candidate will not be asked for any payment related to these costs.

Flex is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities.

We do not discriminate based on: age, race, religion, color, sex, national origin, marital status, sexual orientation, gender identity, veteran status, disability, pregnancy status, or any other status protected by law.

We're happy to provide reasonable accommodations to those with a disability for assistance in the application process.

Please email [e-mail] and we'll discuss your specific situation and next steps (NOTE: this email does not accept or consider resumes or applications. This is only for disability assistance.

To be considered for a position at Flex, you must complete the application process first.

Through the collective strength of ~150,000 team members across 30 countries and responsible, sustainable operations, Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world. A career with Flex offers the opportunity to make a difference, invest in your growth, and build great products for our customers that improve people’s lives. Together, let’s create the extraordinary!