Costing Engineer
2 weeks ago
- Job Title :
Costing Asst. Manager - Department :
Strategic Sourcing - Location :
Pune (Baner) - Experience :
8-14 years - Qualification :
Diploma, BE (Mechanical) / NTTF, IGTR Key Performance Indicators :
Ensure CCPM project cost settlement on time ( task closure ) – Sheet metal / Machined / Rubber / Plastic parts.
Ensure margins are protected on part cost as per expectations of internal customer requirement.
Roles & Responsibilities :
Cost settlement with supplier as per Zero base costing (ZBC) and Total cost of ownership (TCO) methodology.
- Monthly commodity monitoring for commodity expenses and analysis.
- Raw material prices - amendment Monthly / Quarterly / Half yearly
- Visit supplier to understand his capability on cost drivers (Labor skill matrix, Electricity effective utilization, Process control, raw material planning with forecasting efficiency) & areas of improvements like (Rejection level, efficiency matrix, workflow losses, shop floor management, waste elimination) for cost effective commercial settlements.
- Optimize input raw material & post operation expenses.
- Settlement MHR (Machine Hour Rate) with suppliers for press / CNC / VMC / Coating process with competitive pricing.
- Spend analysis for generating cost saving ideas
Suppliers claim settlements & negotiate with proper analysis.
Knowledge :
Process understanding (Draw, forming processes, Machining processes, Surface finishing processes)
- Understanding of Raw material grades.
- Quality systems - IATF 2016 System knowledge -Core tools- APQP, PPAP, FMEA, SPC , MSA
- Process understanding = Rubber/Injection Molding/Blow molding.
- Understanding of Process details and machine MHR rates
- Understanding of Raw material rates
- Knowledge of AUTOCAD / 3D Software, has some experience
- Knowledge of location wise lander labor rate, landed electricity charges along with their details break ups
- Knowledge of skill set enhancement methodology to improve productivity & efficiency for commercial aspects
- Knowledge of Line balancing, KANBAN, JIT & TQM technique & there usage in commercial aspects
Knowledge of existing tax structures & legal compliance
Skills :
- Analytical Skills- Costing
- Presentation
- Communication Skills
- Negotiation Skills
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