Commodity Analyst Mechanical

2 weeks ago

Butterworth, Penang, Malaysia FLEXTRONICS TECHNOLOGY (PENANG) SDN BHD Full time 80,000 - 120,000 per year

To support our extraordinary teams who build great products and contribute to our growth, we're looking to add a Commodity Analyst Mechanical located in Prai, Penang.

Responsible for development, execution and pricing of procurement risk strategies for Flex.

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:

  • Requires a Bachelor's Degree in related field with a minimum of 5-7 years of experience, preferablyin electronics manufacturing (EMS).
  • Possess technical knowledge and fundamental assessment in the Electrical and Electronics market.
  • Able to analyze quotations, negotiate and communicate effectively with suppliers.
  • Able to work independently within a team.

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

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

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