Function Procurement Pay Band M3 to M5 Role Purpose of the job is to develop cost models work out should be cost with a view to set cost targets benchmarks in order to improve sourcing efficiency The role requires expertise in cost assessment across various product categories and manufacturing technologies This position will require to partner with buyers sourcing engineers to facilitate optimize their procurement costs A purpose driven role for you Your key responsibilities will include but not limited to - Zero based costing of parts of various product categories and manufacturing technologies Fabrication Machining Moulding Casting proprietary etc - Study of existing norms and identify prospect for improvements - Evaluation and assessment of should be cost - Support buyer for cost improvements - Identify alternate methods processes for cost efficiencies - Identify pool of alternates who can provide innovative competitive products A Day in the life Drive cost benchmarking to identify opportunities support implementation Workout targets KPIs for the respective categories of parts Engage internal stake holders CIT Sourcing etc as well as suppliers to firm up design based upon target cost Academic Qualification Experience Engineering Graduate Preferably MBA 8 to 12 yrs experience Technical Skills Knowledge Strong analytical skills with the ability to conduct cost analysis prepare strategies MS Powerpoint MS EXCEL Cost modelling Zero based budgeting and other such models Behavioural Skills Good communication skill Presentation skills Ability to conceptualize work independently Self-motivated Drive for result What will it be like to work for Hero As the world s largest manufacturer of motorcycles and scooters for the last 22 years Hero is where you will get to work with the brightest innovators passionate about being the best in what they do You will become a part of India s proudest legacy a brand that is celebrated by 110 million Indians and is now taking over the