Commodity Analyst Indirect

Flex; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Flex is seeking a Commodity Analyst Indirect to support sourcing strategies and supplier negotiations for indirect materials. You will develop assessments for each commodity, manage supplier agreements and oversee cost-saving initiatives, working closely with cross-functional teams in a dynamic environment.

Required is a bachelor's degree plus 3+ years of relevant experience, with strong English communication, negotiation and program-management skills.

Qualifications

• Bachelor's degree required or equivalent experience.
• At least 3 years of relevant materials procurement experience.
• Strong English communication skills.
• Proven negotiation and program management abilities.
• Experience with commodities and supplier management.
• Excellent attention to detail and analytical thinking.

Responsibilities

• Develop, recommend and execute optimal sourcing strategies for selected items.
• Build technical, statistical and fundamental assessments for each commodity.
• Manage cash negotiations and secure favorable supplier agreements.
• Negotiate terms for annual and multi-year purchase commitments.
• Coordinate transportation modes to lower delivered material costs while maintaining quality.
• Cost management, reduction and avoidance initiatives.
• Manage inventories to avoid excess cost or shortages.
• Evaluate commodity risk positions and report to leadership.
• Develop plans for cost savings, synergies, and supply chain improvements.
• Evaluate hedge effectiveness and calculate cost savings.

Skills

Communication skills

Program management

Negotiation

Commodity management

Supplier management

Analytical skills

Detail oriented

Education

Bachelor's degree or equivalent experience

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 a Commodity Analyst Indirect located in Flex Batam.

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 and equivalent experience
• At least 3 years' of relevant work experience or with materials buyer experience.
• Good communication skill proficient in English
• Proven Program Management and negotiation skills
• Experience with commodities and supplier-management
• Great eye for detail and good analytical skills.T

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Job Category

Global Procurement & Supply Chain

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).