Procurement Cost Engineer for GS Procurement (based in Pune India)
Are you the enthusiastic, self-driven and result-oriented qualified who wants
to move our customers’ performance forward?
We are looking for Procurement Cost Engineer for GS Procurement to be based in
Pune, India. This position reports to “Director, Procurement Excellence”.
Purpose of the Position :
Develops analytical cost models to determine the true or expected cost of
products, components, and services. This role supports strategic sourcing,
supplier negotiations, product design optimization, and cost reduction
initiatives by providing fact-based cost insights across materials, labor,
overhead, and processes.
Key Responsibilities :
* Support with cost breakdown analysis
* Develop detailed should-cost models for key categories.
* Decompose supplier quotes into materials, labor, overheads,
tooling/amortization, logistics, energy, and margin; benchmark vs. internal
models and market indices.
* Provide fact‑based negotiation packs for category managers and buyers: target
prices, walk‑away points,
and lever analysis.
* Participate in design to value initiatives to influence specifications,
tolerances, materials, and manufacturing routes to reduce cost.
* Perform cost breakdown analysis and supplier cost transparency reviews
* Validate supplier cost structures to identify improvements and productivity
roadmaps.
* Track commodity indices, FX, energy, labor rates, logistics, and regulatory
impacts.
* Publish monthly dashboards for cost performance, model coverage, and market
cost trends.
* Collaborate with engineering, procurement, manufacturing, and finance teams.
Requirements for the position
Knowledge and skills:
* Understanding of category management, sourcing and operational procurement.
* Strong understanding of manufacturing processes (machining, casting, molding,
fabrication, assembly, etc.)
* Ability to interpret engineering drawings, BOMs, and technical specifications
* Strong analy
📌 Procurement Cost Engineer (Pune)
🏢 Valmet
📍 Pune