Cost Manager

Eligibility Criteria:
- Years of Exp : Min 10~15 yrs in commodity management in Engg / Manufacturing Industry

Job Experience:
- Commodity Mgmt, Commercial Negotiations, Costing and familiarity with Semiconductor, Automotive, Electrical Equipment Manufacturing or high-technology supply management practices, standards and organizations.
- Business & technical understanding of Manufacturing & Assembly processes related to Mechanical, Electrical Components such as Fittings, Tubing, Valves, Regulators, MFCs, Weldments, Machining, OEMs Proprietary etc

Education: BE/B.Tech in Mechanical / Electrical / Industrial Engg. MBA will be an added advantage.

Primary Responsibilities:
- Responsible for establishing & Driving Commercial Strategic commodity vision, evaluating supplier cost & managing relationship to drive projects to achieve goals of global cost efficiency.
- Determine cost targets during design & development phase, recommending cost effective solutions. Investigate and identify cost reduction opportunities. Ensure smooth and cost effective transition.




- Establish costing of products, production & assembly processes, tooling costs and review alternatives. Put forward recommendations for improvement. Use Zero based costing /cost breakdowns.
- Negotiate cost increase from suppliers related to RM , Process, Labor & other input cost to mitigate impact
- Utilize cost methodologies, appropriate tools & software models & packages to prepare and maintain reliable and accurate data. Contribute to cost monitoring and reporting systems and procedures and monitor trends
- Assess cost effectiveness of products & track actual costs relative to targets & report status on a regular basis to ensure costs are in line with forecasts.
- Research and analyze various commodities for function to price and price to cost evaluation.
- Continuously scan markets & global landscape to explore and evaluate strategic & cost-effective suppliers.
- Evaluate recent suppliers considering

📌 Cost Manager (Bengaluru)
🏢 RGBSI
📍 Bengaluru