Engineer - Cost Engineering SCM

Overview

Should cost engineer responsible for developing part and product cost estimates within a specialized team in the Supply Chain Management shared services center, using analytical models and close collaboration with business stakeholders and subject matter experts.

What you'll do

• Build part and product costing models using internal and external sources of information.
• Run relevant software models to generate cost estimates.
• Validate cost estimates based on experience and working with subject matter experts.
• Analyse Total Cost of Ownership of products.
• Perform reporting and analytics: data analysis, report preparation and presentation to senior leadership.
• Strengthen relationship with commodity managers and stakeholders.
• Build organizational capabilities by training and coaching budding talents in should cost.
• Coordinate closely with technology, manufacturing, sourcing, product management, and suppliers.
• Establish and maintain a strong knowledge management database that can be leveraged for sourcing decisions.
• Ensure projects meet financial and operational goals (KPIs) viz cost out, cost avoidance, productivity gain and on-time and accurate deliveries.
• Communicate with Supply Chain teams globally regarding opportunities in alignment with commodity/category strategies.
• Partner with Engineering for should-cost analysis on NPI and VAVE projects.
• Manage at a project level, initiatives requiring multiple cost inputs.
• Execute activities and work autonomously with minimal direction.

What you'll need

• Bachelor's in engineering with 6-10 years of experience in should costing, OR Master's with 4-6 years of experience.
• Strong knowledge of one or two commodities such as stamping, forging, casting and machining.
• Should be SME for one or more commodities.
• Proficient in Design for Manufacturing analysis (DFM), procurement processes, PPAP and GD&T, and different types of raw materials and commodities.
• Knowledge of statistical tools such as regression analysis for target costing.
• Expert user of one should costing tool (Costimator, aPriori, Facton, PriceSystems).
• Hands-on experience using CAD tools (AutoCAD, ProE, SolidWorks).
• Hands-on experience creating a robust knowledge management database for should cost.
• Strong data analytics skills to make meaningful decisions from numbers.
• Strong knowledge of MS Office tools (Word, Excel and PowerPoint).
• Ability to communicate clearly and effectively in person, via email and over phone.
• Work collaboratively and communicate effectively globally.
• Accurate working with data analysis; hands-on with multiple tasks; quick response to deadlines.
• Verbal and written communication; presentation skills; business communication; decision making; drives results.
• Strong sense of urgency and strong customer focus.
• Strong business acumen, including understanding how markets work; negotiation skills; design thinking; analytical skills; commodity strategies; fact pack/gap analysis.

Nice to have

• Aptitude for technology and IoT.

Details

• Location: Pune, Maharashtra, India.