What you’ll do:
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 valuable experience on data analysis, report preparation and presentation to senior leadership."
Qualifications:
Bachelor’s in engineering with 6-10 years of experience in Should Costing OR Masters with 4-6 years of experience
Skills:
"• Must have strong knowledge of one or two of commodities like Machining, Forging, Sheet Metal, 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