Blog
The four prerequisites of regionalization
More than ever, it is important to have a trusted, resilient global supply chain network. In a rapidly changing environment, resiliency is essential for bringing products to life – and to our customers around the world.
We know we could not do all the things we do to design and manufacture products without your trust, collaboration and commitment. You help us source the components needed to bring innovative products to market and respond to our customers’ regional and global needs.
Together, we will continue to capture new opportunities and create products that improve the world.
We strive to make working with Flex as simple and valuable as possible for our suppliers. Because the better we collaborate, the more effectively we can serve our mutual customers. Find the tools and resources you need and learn more about our solutions.
Flex is committed to increasing our customers’ competitiveness by building faster and more cost-efficient supply chains. To this end, we’ve launched a global initiative aimed at increasing supply chain visibility and collaboration with all of our partners by offering ecommerce, electronic data, and e-sourcing solutions.
We use state-of-the-art sourcing tools in collaboration with Ivalua for both direct and indirect material sourcing.
E-sourcing uses Flex e-Auction software to provide an online collaborative forum for Flex and our suppliers. Our Global Commodity Management team uses this tool for the selection of the most competitive prices through electronic auctions.
E-sourcing facilitates both indirect and direct materials purchases and offers many advantages and opportunities for the current supply base, as well as opportunities for competitive companies to become suppliers to Flex.
Our COVID-19 response focuses on keeping people safe — including our employees, suppliers and business partners. With all safety measures in place in accordance with governments around the world, we are continuing to manufacture as permitted. Please reach out to your Flex contact for more information.
We are especially proud that we are manufacturing critical products to aid the global response. Working together, we are delivering remarkable results in these challenging times.
Thank you for your continued collaboration to keep everyone healthy.
At Flex, we identify and enable minority-owned suppliers to qualify and successfully compete for our business based on merit. These relationships result in suppliers participating further in the economic mainstream, which ensures a stronger supplier base for the future.
Operating in thriving communities allows us to compete on a global scale. By helping local minority suppliers enter the economic mainstream, we improve the economic stability and vitality of those communities.
The following actions should take place:
Conduct formal and timely reviews of progress against our own minority procurement goals.
A business that is at least 51% owned by, and whose management and daily business operations are controlled by, one or more members of a socially and economically disadvantaged minority group or that falls into the following business categories.
The supplier must be certified, maintained and updated as one of the diverse classifications mentioned above.
Some of the organizations that can provide these certifications are:
This is your resource center for information on doing business with flex and on requirements and training to provide products and services.
The documents listed here are referenced in flex contractual agreements (global business agreements, smi, purchase orders, standard terms and conditions). These documents are subject to change and all suppliers are responsible for ensuring they have the current version.
The documents listed here outline additional requirements specific to certain flex market segments.
aQuire Sourcing is our powerful sourcing tool that enables us to collaborate with suppliers on full end-to-end procurement, supply chain and quality processes.
It is a branded version of Ivalua, an industry leader in unified source-to-pay procurement solutions. With aQuire Sourcing, suppliers can seamlessly connect with us for the successful management of sourcing projects.
The platform offers advantages to our current suppliers and provides opportunities for competitive companies to join our supply base.
FSP is a centralized, web-based application that manages and supports collaborative supply chain processes between Flex and our supplier base.
