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The specialist will drive sourcing and pricing strategies while managing supplier relationships and material cost performance. They are responsible for coordinating supply chain initiatives, including inventory management and cost take-down strategies to improve gross material margins.
Candidates must have a bachelor's degree and at least 3 years of experience in finance, materials sourcing, or supply chain management. A strong understanding of cost accounting, electronic component markets, and OEM product development processes is required.
Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world.
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.
To support our extraordinary teams who build great products and contribute to our growth, we’re looking to add Specialist - Supply Chain Solution position will be based in Chennai.
Drives sourcing/pricing strategies in materials quotations.
Presents materials value-add to customers or suppliers, and influence customer to use Flex preferred suppliers.
Interfaces with customer or supplier in new project start-up, for cost of ownership issues.
Develops and guides implementation of flexibility and supply assurance plans.
Manages component cost/price on a local, regional and global basis.
Tracks materials financial performance and initiate corrective actions when required.
Defines and implements pricing and costing strategies.
Coordinate sourcing strategies with Supply Management and Customers.
Develop and implement cost take down strategies.
Increase Vendor Managed Inventory, Reduced Guide-Time and Electronic Data Interface penetration.
Specialized Job controls may be required for certain positions. These could include on or more of the following duties:
Supply Management:
Manage regional supplier contract negotiations, which includes Memorandums of Comprehension, Non-disclosure and regional pricing agreements.
Develop and maintain supplier relationships.
Measure and report Purchase Price Variance and initiate action plans.
Monitor and manage supplier times.
Mitigates shortages, excess on order and excess on hand.
Participate on and help global and regional commodity teams.
Contribute information/data on top spend suppliers for quarterly scorecards.
Customer Supply Chain Management:
Manages material cost reviews.
Drive initiatives to improve gross material margin.
Identify, implement and drive actions for Retained Purchase Price Variance (RPPV) optimization.
Drive reconciliation process with customer (PPV, Premium charges, carrying costs, freight charges, excess and obsolete inventory, Non-cancelable, Non-Returnable (NCNR), etc.)
Identify opportunities to increase turnkey business and develop materials management plan.
Coordinate quarterly/monthly PPV hard call process.
Typically requires a Bachelor's degree or equivalent experience.
Typically requires a minimum of 3 years of experience in finance, materials sourcing, commodity management or supply chain design/management or other related area.
Must have an understanding of cost accounting, electronic component markets, price trends and technologies.
A background in electronics manufacturing and a thorough understanding of Original Equipment Manufacturing (OEM) product development process.
To perform the major job responsibilities the use of the following tools may be required: Office Skills: telephones, data entry, office software to include, word processing, spreadsheets, presentation packages, and database systems.
Health Insurance
Paid Time Off
#LP17
Required Skills:
Optional Skills:
Flex pays for all costs associated with the application, interview or offer process, a candidate will not be asked for any payment related to these costs.Flex is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities. We 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).
Flex (Reg. No. 199002645H) is the global manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world. For more information, visit flex.com. We love to hear your thoughts, comments and ideas so feel free to like, share and comment away. Any question or opinion is good to go as long as it is respectful and falls within the scope of this page. Derogatory comments, spam and unsolicited selling are not welcome here and such posts will be removed.
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