Cost Optimization Specialist

1 day ago

Pune, Maharashtra, India beBeeCostOptimizer Full time ₹ 40,00,000 - ₹ 60,00,000
Job Summary:

A Senior Manager is responsible for developing part-level target costing, preparing detailed should-cost estimates, and applying them to achieve design-to-cost and source-to-cost targets.

  • Develops target costing and establishes detailed should-cost estimates for components
  • Generates directional cost reference cost detail should-cost targets for components based on various inputs available across product development stages
  • Matures directional reference cost targets of components to detail should-cost as design evolves
  • Independently creates error-free should-cost models
  • Develops tooling cost estimates using should-cost reference-cost models for calculating tooling should-cost and provides inputs for Capex target setting
  • Establishes target cost for components to ensure delivery of design-to-cost and source-to-cost targets achievements for component targets of programs
  • Pursues component cost targets with engineering to achieve design-to-cost targets for new programs
  • Performs cost driver analysis design cost analysis on components to achieve design-to-cost targets
  • Performs supplier quotation analysis with respect to should-cost model and develops supplier negotiation fact-pack for components
  • Generates linear price-performance models and generates opportunities to improve cost performance
  • Generates provides valuation and syndicates cost-reduction ideas based on should-cost driver analysis in cost-reduction workshops to achieve component-subsystem cost-reduction targets
  • Benchmarking competition should-costing best-of-best cost-driver analysis and its application into various projects to drive cost efficiencies
  • Prepares component-subsystem specific supplier negotiation fact-pack and supports purchase CTL in achievement of should-cost with supplier

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