Commodity Analyst

Flex (Batam Centre, Riau, Indonesia)

Riau, Indonesia

Flex is a global supply chain & manufacturing solutions provider. We help design, build, & deliver products to make the world a better place.

About this position

Flex is seeking a Commodity Analyst to support the development, execution, and pricing of procurement risk strategies for Direct Materials. This role is essential in optimizing sourcing strategies and managing supplier relationships to enhance cost efficiency and supply chain effectiveness.

Responsibilities

• 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.

Requirements

• Typically requires a bachelor’s degree and equivalent experience.
• At least 2–3 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.