Cost Strategy
1 month ago
Industry Auto / Auto Ancillary
Location Haryana Gurugram
Experience Range 10 - 13 Years
Qualification B.tech
About Us
We, HuntingCube bring down the expertise of passionate Head-Hunters who have been a key player in placing exceptional talent for high end technology companies and start-ups in the past couple of years. Our team consists of the dedicated recruiters who well understands your business needs & can deliver in most efficient ways in mínimal Turn-Around-Time. Because we believe Good service is Good business.
Roles and Responsibility
- (Permanent/Fixed
- Term/Retainer)
Permanent
Section 2: Job Purpose Statement
- In one or two sentences, mention the basic reason why this job exists
- 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.
- Section 3: Areas of Responsibility
- Define specific, permanent areas that requires the role holder to be responsible for taking decisions,
- delivering results or carrying out a significant amount of activity
- Key Responsibilities
- Most significant
- responsibilities of the job
- along with key activities
- required to accomplish
- them
Key Performance Indices Quantitative/Qualitative
- (not the actual targets)
Weightage
- percentage
- Total -100%
Cost assessment
Zero based costing of parts of various product categories
- and manufacturing technologies (Fabrication / Machining
- / Moulding / Casting / proprietary etc)
- Study of existing norms and identify opportunity for
- improvements
- Evaluation and assessment of should be cost
- Support buyer for cost improvements
40%
Cost Targets &
- Benchmarking
Drive cost benchmarking to identify opportunities & support
- implementation
- Workout targets & KPIs for the respective categories of parts
- Identify alternate methods / processes for cost efficiencies
- Identify pool of alternates who can provide innovative /
- competitive products.
- Engage internal stake holders (CIT / Sourcing etc) as well as
- suppliers to firm up design based upon target cost.
40%
Knowledge baseCreating knowledge repository, analytics and
dashboard
20%
Section 4: Reporting Relationship
- Mention the Role of the Reporting Manager
Functional Reporting Matrix Reporting
Section Head
Direct Reports
- Mention the Role of the Direct Reports
- Managers of Managers Managers Individual Contributor
Section 5: Key Dimensions
- Provide factual, quantitative and financial information particularly relevant to the job which helps to
- reflect the scale and scope of the job
- Financial Dimensions
- Provide financial information related to budget/cost/turnover or any other related financial parameter
- Financial Parameter Please mention indicative financial figures
- Procurement cost Applicable for all direct spend (~40K/veh)
Non-Financial Dimensions
- Direct Reports (Total headcount #) 1~2
- Indirect Reports (Total headcount #)
- Contract employees (Total headcount #)
Section 6: Complexities
- Describe the most difficult and complex parts of the job and other constraints that are not covered or
- highlighted elsewhere along with the reason
- Continuous improvements of cost norms in view of inflationary environment
- Engaging suppliers in scenario of shorter product life cycle and fluctuating volumes
- Strategic supplier relationship
Section 7: Operating Network
- Provide the key working relationships/routine contacts the job holder needs to have INSIDE and OUTSIDE
- the organization to accomplish job and the reason for these interactions
- (Excluding reporting manager & subordinates)
Roles & teams Nature/ purpose of interaction
Internal
CIT Alignment on cost based designs & targets
- SS&SC Alignment on cost parameters and other references
- Alignment w.r.t. sourcing strategy
External
Suppliers Process management & Operation excellence
Section 8: Job Requirements
- State threshold proficiency/education, qualifications, training and experience necessary to enable and
- perform the job fully and effectively. (This might not necessarily be the same as the current job holder)
- Academic QualificationEngineering Graduate, Preferably MBA
Relevant Experience
10~12 years of Sourcing / Commercial
- experience in industries like automotive /
- manufacturing
Technical Skills/KnowledgeStrong analytical skills with the ability to
- conduct cost analysis & prepare strategies
- Behavioural SkillsGood communication & presentation skills
- Ability to conceptualize & work independently
Recruiter Name Deepanshu Saini
Recruiter Number
+91-XXXXXXXXXX
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