Commodity Sourcing Specialist
5 days ago
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 OverviewTo 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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