Specialist - Master Data Management at Flex in India, Chennai

Specialist - Master Data Management

Location: India, Chennai

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.

Job Summary





To support our extraordinary teams who build great products and contribute to our growth, we’re looking to add Specialist - GBS Master Data Management 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-Returnable (NCNR), etc.)
• Identify opportunities to increase turnkey business and develop materials management plan.
• Coordinate quarterly/monthly PPV hard call process.

• The experience we’re looking to add to our team:
• 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.

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

• Health Insurance
• Paid Time Off

#LP17

Job Category

Global Procurement & Supply Chain

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).