Commodity Analyst Indirect

at  Flex Ltd

Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world.
We believe in the power of diversity and inclusion and cultivate a workplace culture of belonging that views uniqueness as a competitive edge and builds a community that enables our people to push the limits of innovation to make great products that create value and improve people’s lives.
A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment. If you are excited about a role but don’t meet every bullet point, we encourage you to apply and join us to create the extraordinary.
Job Summary
To support our extraordinary teams who build great products and contribute to our growth, we’re looking to add a Commodity Analyst located in Flex Batam.
Reporting to the Sr Materials Manager the Commodity Analyst role is responsible for development, execution and pricing of procurement risk strategies for Flex (focus on Indirect Materials).

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.
• 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.

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

• Typically requires a bachelor’s degree and equivalent experience
• At least 5 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 details and good analytical skill

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

• Full range of medical benefits, dental, vision
• Life Insurance

Please refer the Job description for details