AM-Strategic Sourcing (Should Costing)

Job purpose :

To collect and analyze information and data to estimate costs associated with sourcing a product or component, if efficient manufacturing and distribution practices are followed. A robust estimate will need to account for several factors including labor rates, materials, overhead, and profit margin.

Job Responsibilities :

•    Good communication skills with the ability to form and maintain good relationships internally and externally.
•    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.
•    Strong analytical skills, attention to detail and accuracy skills
•    Good knowledge of machine hour rates for different machine makes
•    Knowledge of manufacturing and assembly process sequence and select the most cost effective method.

Main Accountabilities and Tasks :

•    Compile speciications and relevant documents and engage with stakeholders to translate specifications into cost estimats for New and Current products.
•    Establish cost estimates of production processes, tooling costs and review alternatives.
•    Investigate and identify cost reduction opportunities through cost analysis review.
•    Suggest and help vendors understand the alternative manufacturing processes.
•    Analyse the cost break up from vendor and perform detailed gap analysis between Zero Base Costing and quote.
•    Determine cost estimate targets during the design and development process, recommending cost effective solutions.
•    Prepare cost standards and reports at regular intervals to share with others in the business.
•    Benchmark costing methods, rules, standards with competition, industry.
 

Job scope :
•    Geographic: Global 
•    Key internal / external stakeholders: Global Sourcing team, suppliers, supplier quality, project managers, freight forwarders.
 

Desired experience and qualifications :

•    Work experience: 5-Years minimum in Cost Engineering, Cost Estimating.
•    Education: Bachelor’s degree in engineering (Mechanical/ automotive/ industrial preferred)
•    Languages: English, Hindi.
•    Soft skills: Proficient in Microsoft applications: Excel, Powerpoint.
•    Technical Skills: Thorough understanding of manufacturing processes – Casting, Forging, Stamping, Machining, Electroplating, Powder Coating, Assembly operations.

Additional details :
•    Travel requirement: Travel could be required as need basis.