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50 Ilensys Technologies Jobs
Mechanical - Should Costing Engineer
5-8 years
Hyderabad / Secunderabad
1 vacancy
Mechanical - Should Costing Engineer
Ilensys Technologies
posted 7hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- Responsible for bench marking analysis for the overall products
- Understanding customer requirements, use or develop suitable should costing methods for Component/Product estimation
- Preparation/presentation of analytical reports and part/assemblies/products
- Good communication with stakeholders, vendors
- Expertise in handling suppliers for cost negotiations
- Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products.
- Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
- Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement.
- Investigate and identify cost reduction opportunities through cost analysis review.
- Contribute to cost monitoring and reporting systems and procedures and monitor trends.
- Knowledge on using Apriori , Costomator or any specific tool used for should costing.
- Develop templates for costing related to Components/Assemblies/Products, preferably in the field Metals and Plastics.
- Analyze supplier quotes and provide information and data, which aids communications with suppliers and customers and achieves cost optimization.
- Ensure supplier quotations meet should cost estimates.
- Support supplier meetings and negotiations to challenge quotation prices and aim for cost reductions to meet target costs.
- Strong analytical skills.
- Strong technical mindset and able to read and interpret technical data and translate to others.
- Highly numerate with the ability to research, assemble manage and manipulate numerical information.
- Good planning, communication, and interpersonal skills.
- Self-motivated and highly organized.
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Employment Type: Full Time, Permanent
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