Cost Optimization Specialist

12 hours ago


Coimbatore, Tamil Nadu, India beBeeAnalytical Full time ₹ 80,00,000 - ₹ 1,50,00,000
Key Costing Professional

Role Overview:

  • Ensure timely cost settlement of CCPM projects, covering sheet metal, machined, rubber, and plastic parts.
  • Protect margins on part costs as per internal customer requirements.

Responsibilities:

  1. Cost settlement with suppliers using Zero Base Costing (ZBC) and Total Cost of Ownership (TCO) methodologies.
  2. Monthly commodity monitoring for expenses analysis.
  3. Raw material price amendments on a monthly, quarterly, or half-yearly basis.
  4. Visit suppliers to assess their capabilities on cost drivers, including labor skill matrices, electricity utilization, process control, and raw material planning.
  5. Optimize input raw materials and post-operation expenses.
  6. Negotiate Machine Hour Rates (MHRs) with suppliers for press, CNC, VMC, and coating processes at competitive pricing.
  7. Generate cost-saving ideas through spend analysis.
  8. Settle supplier claims and negotiate with proper analysis.

Knowledge Requirements:

  • Process understanding in drawing, forming, machining, surface finishing, and other areas.
  • Understanding of raw material grades and their properties.
  • Quality systems knowledge, including IATF 2016, APQP, PPAP, FMEA, SPC, and MSA core tools.
  • Expertise in process details and machine MHR rates.
  • Familiarity with AUTOCAD and 3D software.
  • Knowledge of location-wise lander labor rates, landed electricity charges, and their breakups.
  • Ability to enhance productivity and efficiency using skill set enhancement methodologies.
  • Understanding of Line Balancing, KANBAN, JIT, and TQM techniques.
  • Knowledge of existing tax structures and legal compliance.
Required Skills:
  • Strong analytical skills in costing.
  • Presentation and communication skills.
  • Negotiation and interpersonal skills.


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