Industrialization Electrical Product Costing Strategist

4 days ago

Bengaluru, Karnataka, India beBeeProductCosting Full time ₹ 20,00,000 - ₹ 25,00,000

Job Title: Industrialization Electrical Product Costing Strategist

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  • Key Responsibilities:
    • Maintain a comprehensive understanding of the costing process, including cost calculation and estimation.
    • Analyze data from various sources to identify trends and areas for improvement.
    • Develop and implement strategies to reduce costs and improve profitability.
    • Collaborate with cross-functional teams to ensure alignment and effective communication.
    • Stay up-to-date with industry developments and best practices in product costing.
  • Required Skills and Qualifications:
    • Proven experience in product costing and cost analysis.
    • Strong analytical and problem-solving skills.
    • Excellent communication and interpersonal skills.
    • Ability to work effectively in a fast-paced environment.
    • Bachelor's degree in a related field.
  • Benefits:
    • Opportunity to work on complex projects and develop new skills.
    • Collaborative and dynamic work environment.
    • Competitive salary and benefits package.
  • Others:
    • Able to assess part cost with standard technologies (molding, stamping, PCBA)
    • Carry out Ramp down cost calculation, Analysis of Change, estimate RMI impact Benchmark Highlight main cost gap between New and Legacy offer
    • Understand the principal of circular economy
    • Compute the impact of green design (Recycled raw material, green packaging, labor, CAPEX
    • Take a step back to check and validate results
    • Provide reliability index and/or error margin on results Estimates product assembly time (Manual Automatic assembly) Compute Cost To Deliver to customer spread WW to compare several industrial scenarios From a limited set of star product extrapolate cost for whole range / estimate full Turn Over PRODUCT COST MANAGEMENT * Proactive and leadership to manage star products cost from Select to Close gate
    • Provide insights to select best Product/solution Improve product competitiveness by leading QVE action plan
    • Management star products from very early phase (Innovate/BCV phase) Master sensitivity analysis (RMI / QTY / Hourly rate ) Master complex PostSell (several plants geographies) / Able to forecast the cost trend and gap, consider the RMI and inflation Appropriate efficient communication Manage product Margin Benchmark with competitor product
    • Do reverse engineering to assess competitor product cost
    • Advise on advantage weakness regarding cost versus features performance Lead workshops on Design to cost
    • Ability to challenge the area of improvement for significative gaps on the costs FINANCE / PROFITABILITY / ONYX Understand Profitability KPI (NPV, IRR, Pay back ) Know the different lever that impact profitability and how to leverage them Understand ONYX principal (CP- CP+ NP) Understand manufacturing plant PL Overall CCO in Organization/Company Derogation residual process DIGITAL / DATA BASE / ERP SYSTEMS Understand and use appropriately data from different Source (iDB, SCOP V2, PUMA, ERP/Oracle/SAP, 1MM

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