Cost Engineer

4 days ago

Gurgaon, Haryana, India Smiths Detection Full time ₹ 5,00,000 - ₹ 15,00,000 per year

Job Description

Duties:

  • Produce cost estimates for components and assemblies within the Smiths portfolio using the relevant software system (currently aPriori)
  • Contribute to benchmark market data used in the software system to ensure accuracy and relevance
  • Work with buyers and external suppliers to obtain Supplier Cost Breakdown data and ensure accuracy
  • Analyse Cost Breakdown data against cost to identify price negotiation opportunities and design improvements to reduce cost/price
  • Support NPI projects to suggest manufacturing best practice and ensure cost optimised designs are delivered to supply chain
  • Support supplier selection through best price source analysis
  • Facilitate Cost Reduction Workshops as required

Qualifications

Technical Knowledge and Skills:

  • Strong knowledge of manufacturing process used within Smiths Supply Chain
  • Good knowledge of how Product Cost Structures are calculated and presented
  • Familiarity with Cost Estimation software/tools including aPriori
  • Ability to read and understand Engineering Drawings and Specifications
  • Ability to manipulate and interpret 3D Solid CAD Models
  • Strong numeracy and analytical skills to interpret supplier data and identify opportunities
  • Excellent proficiency in MS Excel

Competencies and Abilities (Could include Leadership behaviors too):

  • Strong self management and ability to work independently to meet timescales and objectives
  • The ability to provide robust and imaginative technical solutions to drive down costs in manufactured products
  • The ability to make effective, timely decisions in a complex, global market by sourcing and analysing critical information.
  • Willing and able to identify and support change and continuous improvement in own and wider business environments.
  • Adhere to any health, safety and environmental policies and procedures to ensure the safety and wellbeing of self, staff and visitors
  • Assertive, resilient and welcomes change in a complex environment
  • Engages interest and participation of others and has a collaborative approach to working with others
  • Able to deliver well rounded complete solutions and present to peers/seniors after completion
  • Shows moral courage, openness and honesty in all dealings

Education & Experience:

  • Degree level BSc in engineering as a minimum
  • Minimum 5 years' experience in a supplier engaging role within automotive or aerospace industry
  • Previous Cost Estimation and modelling experience essential (although training will be given)
  • Familiarity with modelling software e.g. aPriori strongly desirable, although excel based experience acceptable
  • Strong verbal and written communication with English as the language used within the global business.
  • Language skills in the local region an advantage
  • Flexibility and ability to travel worldwide (10-20% of work time)

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