Material Cost Strategist
7 days ago
Company Overview
ZF Group, a leading global technology company, is seeking an experienced Material Cost Strategist to join our team.
Salary and Benefits
The successful candidate will be offered a competitive salary of ₹20,00,000 per annum, along with a comprehensive benefits package.
Job Description
As a Material Cost Strategist, you will be responsible for analyzing material costs and identifying opportunities for cost reduction. Your tasks will include:
- Tracking inflation rates for raw materials and components, and negotiating with suppliers to obtain the best possible prices;
- Monitoring commodity price movements and adjusting inventory levels accordingly;
- Developing strategic plans to reduce material costs and improve profitability;
- Preparing monthly and annual forecasts of material costs;
- Completing cost audit reports and ensuring compliance with financial regulations;
Required Skills and Qualifications
To be successful in this role, you will need:
- A bachelor's degree in finance, accounting, or a related field;
- At least 4 years of experience in material costing or a related field;
- Strong analytical and problem-solving skills;
- Excellent communication and negotiation skills;
- Ability to work independently and as part of a team;
Benefits
In addition to the competitive salary and benefits package, we offer:
- A dynamic and supportive work environment;
- Opportunities for professional growth and development;
- A comprehensive health insurance plan;
- A retirement savings plan;
- Generous paid time off and holidays;
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