Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world.
Job Summary:
To support our extraordinary teams who build outstanding products and contribute to our growth, we’re looking to add a Senior Analyst - MDM position will be based in Chennai.
What a typical day looks like:
- 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.
- 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.
- 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-Ret
📌 Senior Analyst (Chennai)
🏢 FLEX
📍 Chennai