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Job Summary
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To support our extraordinary teams who build great products and contribute to our growth, we're looking to add a Commodity Analyst to be in Bukit Minyak, Penang.
Here is a glimpse of what you'll do:
- Responsible for the development, recommendation, and execution of optimal sourcing strategies for certain items.
- Develop a technical, statistical, and fundamental assessment for each commodity.
- Lead 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.
- Analysis of commodity risk positions reported to multiple levels of the organization.
- Develop plans resulting in cost savings, synergies, quality improvements and supply chain efficiencies.
- Analyze hedge effectiveness and calculate cost savings and avoidance.
- Typically requires a minimum of 5-7 years of related experience.
- Ability to read, analyze and interpret general business periodicals, professional journals and technical procedures. Ability to write reports, business correspondence and procedure manual.
- Ability to effectively present information and respond to questions from managers, customers and suppliers.
- Medical benefits, dental, vision
- Life Insurance
- Paid Time Off
- Performance Bonus
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 celebrate diversity and 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 accessibility@flex.com 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).