Specialist - Master Data Management

Overview

Specialist role in GBS Master Data Management, based in Chennai, supporting materials sourcing, pricing and cost management for Flex.

What you'll do

• Drive sourcing and pricing strategies in materials quotations.
• Present materials value-add to customers or suppliers and influence customers to use Flex preferred suppliers.
• Interface with customers or suppliers in new project start-up for cost of ownership issues.
• Develop and guide implementation of flexibility and supply assurance plans.
• Manage component cost and price on a local, regional and global basis.
• Track materials financial performance and initiate corrective actions when required.
• Define and implement pricing and costing strategies.
• Coordinate sourcing strategies with Supply Management and Customers.
• Develop and implement cost take-down strategies.
• Increase Vendor Managed Inventory, reduce lead time and increase Electronic Data Interface penetration.
• Manage regional supplier contract negotiations, including Memorandums of Understanding, 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 lead times.
• Mitigate shortages, excess on order and excess on hand.
• Participate in global and regional commodity teams.
• Contribute data on top spend suppliers for quarterly scorecards.
• Manage 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 customers (PPV, premium charges, carrying costs, freight charges, excess and obsolete inventory, Non-Cancelable Non-Returnable (NCNR) items, etc.).
• Identify opportunities to increase turnkey business and develop materials management plans.
• Coordinate quarterly/monthly PPV hard call process.

What you'll need

• Bachelor's degree or equivalent experience.
• Minimum of 3 years of experience in finance, materials sourcing, commodity management, supply chain design/management or other related area.
• Understanding of cost accounting, electronic component markets, price trends and technologies.
• Background in electronics manufacturing and a thorough understanding of the Original Equipment Manufacturing (OEM) product development process.
• Use of office skills and software as required: telephones, data entry, word processing, spreadsheets, presentation packages and database systems.

Details

• Location: Chennai, India.