Commodity Analyst Electrical

Flextronics - The Flex Company; Malaysia; On-site; MYR 120,000 - 190,000; Full time

Benefits offered by this job

Medical benefits

Dental & vision

Life Insurance

Paid Time Off

Performance Bonus

NB87

Job summary

Flextronics - The Flex Company seeks a Commodity Analyst Electrical in Penang (Prai or Batu Kawan). You will develop, execute and price procurement risk strategies for electrical commodities, and lead sourcing strategies to optimize costs and supply continuity.

Responsibilities include technical and statistical commodity assessments, supplier negotiations, inventory management and hedging cost savings. A bachelor’s degree with 5+ years of related experience is typical.

Qualifications

• Typically requires a Bachelor’s Degree in related field or equivalent experience.
• Typically requires a minimum of 5 years of related experience.

Responsibilities

• Develop, recommend and execute optimal sourcing strategies for certain items.
• Develop technical, statistical and fundamental assessments for each commodity.
• Negotiate terms and conditions for annual and multi-year purchase commitments.
• Manage supplier cash negotiations and secure advantageous commercial agreements.
• Coordinate transportation modes to lower delivered costs while ensuring quality.
• Cost management, reduction or avoidance and inventory control for strategic commodities.
• Evaluate commodity risk positions and report to leadership levels.
• Identify plans for cost savings, synergies and supply chain efficiencies.
• Evaluate hedge effectiveness and calculate cost savings.

Skills

Procurement strategy

Sourcing

Negotiation

Risk management

Supply chain

Data analysis

Education

Bachelor's degree

Tools

ERP systems

Job description

Job Summary

To support our extraordinary teams who build great products and contribute to our growth, we're looking to add a Commodity Analyst Electrical located in Prai or Batu Kawan, Penang. Responsible for the development, execution and pricing of procurement risk strategies for Flex (focus on Electrical commodities).

What a typical day looks like:

• Responsible for the development, recommendation, and execution of optimal sourcing strategies for certain items.
• Develop a technical, statistical and fundamental assessment for each commodity.
• Manage cash negotiations and secure advantageous commercial agreements with approved suppliers.
• Negotiate terms and conditions for annual and multi-year purchase commitments.
• Coordinate selection of transportation modes and carriers which will result in lowering the delivered costs of materials while assuring continuity of quality supply, flexibility to respond to changing requirements and maintenance of vendor relationships for long term benefits.
• Cost Management/Reduction/Cost Avoidance.
• Manage inventories associated with the strategic commodities to avoid additional expense or shortage to the company.
• Evaluation of commodity risk positions reported to multiple levels of the organization.
• Develop plans resulting in cost savings, synergies, quality improvements and supply chain efficiencies.
• Evaluate hedge effectiveness and calculate cost savings and avoidance.

The experience we're looking to add to our team:

• Typically requires a Bachelor’s Degree in related field or equivalent experience.
• Typically requires a minimum of 5 years of related experience.

What you'll receive for the great work you provide:

• Medical benefits
• dental, vision
• Life Insurance
• Paid Time Off
• Performance Bonus
• NB87

Job Category Global Procurement & Supply Chain

Required Skills:

Optional Skills:

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.

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!

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