Chief Cost Optimization Specialist

4 days ago


Hosūr, Tamil Nadu, India beBeeCostAnalyst Full time ₹ 14,61,190 - ₹ 56,72,415
Production Cost Analyst

The Production Cost Analyst is a vital role within our organization, responsible for overseeing the cost structure of manufacturing projects.

  • Cost Analysis: Conduct thorough analyses of raw material, machining, fabrication, assembly, and labor costs to develop accurate cost breakdowns.
  • Benchmarking: Benchmark costing with market rates and suppliers to ensure competitiveness.

To excel in this position, you must possess strong analytical skills, attention to detail, and excellent communication abilities. You will work closely with various teams, including design, production, purchase, and finance, to ensure cost-effectiveness and profitability.

  • Close Collaboration: Collaborate with cross-functional teams to drive process improvements and optimize cost savings.
  • Sourcing Strategies: Develop and maintain relationships with vendors to negotiate optimal pricing and stay up-to-date on supplier rates and trends.
  • Process Enhancement: Identify opportunities for cost reduction through process optimization and standardize costing methods and templates for accuracy.
  • Reporting and Insights: Prepare detailed reports, variance analysis, and profitability statements to support informed decision-making.

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