Commodity Sourcing Specialist

5 days ago


Penang, Malaysia Flextronics - The Flex Company Full time

Flex is a diversified manufacturing partner that helps market-leading brands design, build and deliver innovative products.

We believe in the power of diversity and inclusion, cultivating a workplace culture of belonging that views uniqueness as a competitive edge.

A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment.

Job Overview

To support our extraordinary teams who build great products and contribute to our growth, we're looking for a Commodity Sourcing Specialist, Electrical.

About the Role:

  • You will be responsible for developing, recommending, and executing optimal sourcing strategies for certain items.
  • You will develop technical, statistical, and fundamental assessments for each commodity.
  • You will lead cash negotiations and secure advantageous commercial agreements with approved suppliers.
  • You will negotiate terms and conditions for annual and multi-year purchase commitments.
  • You will coordinate selection of transportation modes and carriers to lower delivered costs of materials while assuring continuity of quality supply and flexibility to respond to changing requirements.
  • You will manage inventories associated with strategic commodities to avoid additional expense or shortage to the company.
  • You will analyze commodity risk positions reported to multiple levels of the organization.
  • You will develop plans resulting in cost savings, synergies, quality improvements, and supply chain efficiencies.
  • You will analyze hedge effectiveness and calculate cost savings and avoidance.

The experience we're looking for:

  • A minimum of 5 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 manuals.
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages.

What you'll receive:

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


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