What You'll Do
The should cost engineer will be responsible for the development of part and product cost estimates working within a specialized team within the Supply Chain Management shared services center. The work will be process based, will deploy analytical models, and will involve close collaboration with business stake holders and subject matter experts.
'1. Build part and product costing models using internal and external sources of information
- Run relevant software models to generate cost estimates
- Validate cost estimates based on experience and working with subject matter experts
- Should have worked in analysing Total Cost of Ownership of products.
- Reporting and Analytics – Should have good experience on data analysis, report preparation and presentation to senior leadership.'
Qualifications
Bachelor's in engineering with 6-10 years of experience in Should Costing OR Masters with 4-6 years of experience
Skills
Must have strong knowledge of one or two of commodities like Machining, Castings, Mechanical Assemblies (Aerospace)Should be SME for one or more commoditiesProficient in Design for Manufacturing Analysis (DFM), procurement processes, PPAP and GD&T, different types of raw materials & commoditiesKnowledge of statistical tools like Regression analysis etc. for target costingShould be an expert user of one of the should costing tool (Costimator, aPriori, Facton, PriceSystems)Hands on experience of using CAD tools (AutoCAD, ProE, SolidWorks)Strengthening relationship with commodity managers and stakeholdersBuild organizational capabilities by Training, Coaching to budding talents with Should costHave close coordination with technology, manufacturing, sourcing, product management, and suppliersEstablish & maintain a strong knowledge management database that can be leveraged for Sourcing decisionsEnsure projects meet their financial & operational goals (KPIs) viz cost out, cost avoidance, productivity gain and on time & accurate deliveries.Communicates with the Supply Chain teams globally regarding opportunities in alignment with commodity / category strategiesPartner with Engineering for should-cost analysis on NPI & VAVE ProjectsShould have hands-on experience in creating a robust knowledge management database for should costShould be strong in Data analytics skill to get meaningful decisions made out of numbersManage at a project level, initiatives requiring multiple cost inputsWork collaboratly and be able to communicate effectively globallyStrong knowledge of MS Office tools (Word, Excel and PowerPoint)Ability to communicate clearly & effectively in person, via e-mail and over phoneExecuting activities and working autonomously with minimal directionStrong business acumen : Understanding how markets workNegotiation Skills3D PrintingDesign ThinkingAnalytical SkillsIoTAptitude for TechnologyCommodity StrategiesFact pack / Gap analysis'Verbal & Written CommunicatonAn individual with a strong sense of urgencyAn individual with a strong customer focusAccurate working with data analysisHands-on to work with multiple tasksQuick response to deadlinesPresentation SkillsBusiness CommunicationDecision MakingDrives Result'Skills Required
Autocad, Design Thinking, Data Analytics, Regression Analysis, Iot, 3D Printing, Solidworks, Ppap, Proe