Procurement Cost Engineer (Chennai)

Procurement Cost Engineer (Chennai)

13 Nov
|
Leggett & Platt
|
Chennai

13 Nov

Leggett & Platt

Chennai

We at Leggett & Platt Incorporated are searching for a Procurement Cost Engineer within our Procurementteam to help support our Automotivebusiness. Did you know we are the worlds leading designer and manufacturer of seating support and comfort systems for transportation manufacturers as well as tier one and two suppliers within the automotive industry Thats right! Our automotive products fall into four primary groups: Seating and Lumbar support Motors Actuators and Massage Systems. If you join our team your work will ensure people across the world have a little more comfort in their lives.

As a Procurement Cost Engineer you will have the opportunity to develop global should-cost estimates for materials components assemblies and finished products using cost estimating tools. The team you will be working with is collaborative and innovative.

Key Responsibilities:

global cost estimates by either creating should-cost models or utilizing the companys cost estimating tool to evaluate materials components assemblies and finished products across regions.

cost drivers including raw materials labor manufacturing processes tooling logistics tariffs and regional factors to determine expected supplier costs.

strategic sourcing by providing cost insights during RFQs supplier selection negotiations and sourcing events.

supplier pricing through comparison of supplier quotations against should-cost models identifying variances and providing negotiation recommendations to support Category Management and Procurement strategies.

cost models and databases by updating estimating tool inputs labor rates material indices commodity data and cost assumptions.





Category Management/Procurement requests by identifying cost reduction opportunities through VA/VE process improvements material substitutions and localization initiatives in collaboration with Engineering.

market trends including commodity prices freight costs inflation exchange rates and other factors affecting product costs and sourcing strategies

and deliver cost analyses reporting market trend insights and standardization opportunities that support Category Management strategies sourcing decisions and savings initiatives.

Key Requirements:

1.2-4 years of experience in cost engineering product costing procurement sourcing manufacturing or a related analytical role.

developing should-cost models and performing cost analyses.

supporting supplier negotiations RFQs sourcing decisions and cost reduction initiatives.

What to Do Next

Now that youve had a chance to learn more about us what are you waiting for! Apply today and allow us the chance to learn more about you and the value you can bring to our team. Once you apply be sure to create a profile and sign up for job alerts so you can be the first to know when new opportunities become available. If you require assistance completing an application please contact our team at





Our Values

Our values speak to our shared beliefs and describe how we approach working together.

- Put People First reflects our commitment to safety and care of each other learning and development and creating an inclusive environment of mutual respect empathy and belonging.
- Do the Right Thing focuses us on acting with honesty and integrity delivering the results the right way taking pride in our work and speaking the truth good or bad.
- Do Great WorkTogether occurs when we engage without hierarchy collaborate as a team embrace challenges and work for the good of all of us.
- Take Ownership and Raise the Bar demonstrates our responsibility to add value and make a difference challenge the status quo and biases to make things better foster innovative and creative solutions to drive impact and explore new perspectives and embrace change.

Our Commitment to You

Were actively taking steps to make sure our culture is inclusive and that our processes and practices promote equity for all. Leggett & Platt is comprised of people of all abilities gender identities and expressions ages ethnicities sexual orientations veteran status and more. Join us!

We welcome and encourage applications if you meet the minimum qualifications. Even if you do not meet the preferred qualifications wed love the opportunity to consider you.

For more information about how we handle your personal data in connection with our recruiting processes please refer to the Recruiting Privacy Notice on the Privacy Notice tab located at

Required Experience:

IC

📌 Procurement Cost Engineer (Chennai)
🏢 Leggett & Platt
📍 Chennai

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: procurement cost engineer (chennai) / chennai

Subscribe to this job alert:

Get the latest job offers by email for: procurement cost engineer (chennai) / chennai