Commodity Analyst Job Listing at Flex in Penang (Job ID WD219293)

Description

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 a Commodity Analyst located in Batu Kawan, Penang.
Responsible for development, execution, and pricing of procurement risk strategies for Flex.

What a typical day looks like:

• Execute commodity sourcing strategies aligned with business objectives and organizational priorities.

• Support localization initiatives while enabling global sourcing expansion to enhance supply resilience and competitiveness.

• Mitigate risks related to commodity price fluctuation through market analysis, forecasting, and sourcing strategies.

• Identify, evaluate, and develop existing and new suppliers in collaboration with cross-functional teams.

• Lead procurement contract negotiations, including Commercial Agreements and NDA

• Drive cost reduction initiatives through comprehensive cost analysis, market data evaluation, internal price benchmarking, and effective negotiation.

• Identify supplier-related risks, opportunities, and underperformance, and develop corrective or improvement action plans.

• Strengthen supplier management and sourcing strategies to improve performance, quality, cost, and delivery.

• Support successful sourcing execution for new potential business opportunities and NPI activities.

• Perform general reporting and analysis activities for score carding of suppliers.

• Increase supplier managed inventory / replenishment program, reduced lead-time and electronic data interface penetration

• Identify, implement and drive actions for Purchase Price Variance (PPV) optimization

Main Skill Set

Commodity & Market Knowledge

• Direct materials: metals (steel, aluminum, copper), resins, components, stamping parts, Packaging (Plastic bag, Pallet, Carton)

• Cost drivers: raw material index, energy cost, labor, logistics, currency (MYR/USD is very relevant)

• Market dynamics: supply–demand, geopolitical impact, capacity constraints, regional sourcing differences

Cost & Price Analysis

• Cost analysis

• Tracking purchase price trend vs index

• Variance analysis: Forecast vs Actual vs Prior Quarter

• Currency impact analysis (UPPV& PPV)

• Cost models (material, conversion)

Data Analysis & Forecasting

• Analyze historical spend & price trend

• Assess impact to MM, MCOS, inventory and ITO

Supplier Management

• Supplier cost transparency discussion

• Validating supplier cost-up claims

Strategic Sourcing Support

• Make vs buy considerations

• Localization & risk mitigation

Cross-Functional & Business Skills ( Clear Communication )

You'll work with:

• Global SCM

• Site SCM / Procurement

• Quote team

• PM

• Finance

System & Digital Skill

• Bann system

• Kinaxis Rapid Response

• Excel + Power Point

Risk & Compliance Mindset

• Supply risk assessment

• Volatility & disruption impact (conflict, logistics, natural disaster)

• Compliance & audit awareness

• Data accuracy & governance

Soft Skills

• Analytical thinking

• Attention to detail

• Business acumen

• Ownership & follow-through

• Ability to challenge assumptions (supplier & internal)

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, preferably in 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:

• Life Insurance

• Medical Benefits

• Allowances and Bonuses

• Paid Time-Off

AA98

Required Skills:

Optional Skills:

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).