Engineer - Should cost

The should cost engineer will be responsible for the development of part and product cost estimates working within a specialized team within the Supply Chain Management shared services center. The work will be process based, will deploy analytical models, and will involve close collaboration with business stake holders and subject matter experts.
1. Build part and product costing models using internal and external sources of information
2. Run relevant software models to generate cost estimates
3. Validate cost estimates based on experience and working with subject matter experts
4. Should have worked in analysing Total Cost of Ownership of products.
5. Reporting and Analytics - Should have good experience on data analysis, report preparation and presentation to senior leadership.

Bachelor s in engineering with 6-10 years of experience in Should Costing OR Masters with 4-6 years of experience

Must have strong knowledge of one or two of commodities like Aerospace Machining, Castings, Mechanical Assemblies
* Should be SME for one or more commodities
Proficient in Design for Manufacturing Analysis (DFM), procurement processes, PPAP and GD&T, different types of raw materials & commodities
Knowledge of statistical tools like Regression analysis etc. for target costing
Should be an expert user of one of the should costing tool (Costimator, aPriori, Facton, PriceSystems)
Hands on experience of using CAD tools (AutoCAD, ProE, SolidWorks)
Strengthening relationship with commodity managers and stakeholders
Build organizational capabilities by Training, Coaching to budding talents with Should cost
Have close coordination with technology, manufacturing, sourcing, product management, and suppliers
Establish & maintain a strong knowledge management database that can be leveraged for Sourcing decisions
Ensure projects meet their financial & operational goals (KPIs) viz cost out, cost avoidance, productivity gain and on time & accurate deliveries.
Communicates with the Supply Chain teams globally regarding opportunities in alignment with commodity/category strategies
Partner with Engineering for should-cost analysis on NPI & VAVE Projects
Should have hands-on experience in creating a robust knowledge management database for should cost
Should be strong in Data analytics skill to get meaningful decisions made out of numbers
Manage at a project level, initiatives requiring multiple cost inputs
Work collaboratly and be able to communicate effectively globally
Strong knowledge of MS Office tools (Word, Excel and PowerPoint)
Ability to communicate clearly & effectively in person, via e-mail and over phone
Executing activities and working autonomously with minimal direction
Strong business acumen: Understanding how markets work
Negotiation Skills
3D Printing
Design Thinking
Analytical Skills
IoT
Aptitude for Technology
Commodity Strategies
Fact pack/Gap analysis"
" Verbal & Written Communicaton
An individual with a strong sense of urgency
An individual with a strong customer focus
Accurate working with data analysis
Hands-on to work with multiple tasks
Quick response to deadlines
Presentation Skills
Business Communication
Decision Making
Drives Result