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Associate Engineer - Costing BOM Analysis

Associate Engineer - Costing BOM Analysis

ConfidentialPune, India
3 days ago
Job description

Job Description

Jobs are evaluated on the work as described below.

  • Please include an Organizational Chart for all positions . The org chart should include who the role reports to, direct reports and peers (if applicable).
  • Do not use abbreviations in the description and spell out any acronyms.

Job Details : Please complete with details about the Job. Your HRBP can assist with determining the Job Profile Title.

Job Title (Functional / Working Title)

Cost Engineer

Job Profile Title (Job Architecture Title)

Cost Engineer

Job Family

Function (Department)

Power Buisness Unit

Has Direct Reports (Yes or No)

No

Generic Job Summary : A brief synopsis of the role this summary is intended to describe all employees at Vertiv who perform this work. Your HRBP can provide the Job Architecture description if needed.

The Cost Engineer is responsible for collecting and analyzing cost data, assisting in cost reporting, and supporting various cost reduction Value Analysis and Value Engineering (VAVE) initiatives. The role requires frequent collaboration with global cross-functional teams such as cost managers, engineering, manufacturing, procurement, and finance to help and identify cost optimization strategies.

Business Unit Job Summary : A brief synopsis of the role for this set of work. This summary can include details about products, regions, scope and other details unique to a GBU, department or position.

The Global Large UPS COE department of AC Power design large power Uninterruptible Power Supply from a mechanical and electrical standpoint, executes engineering test verify that the product meets the design requirements, executes value engineering analysis to reduce the cost of the product, support field engineer for special applications in field and supports the service for field issues. Products may have global scope and as well a regional scope.

Responsibilities : Please list at least 5 duties / accountabilities .

  • Perform costed BOM analysis, understand product cost structure, analyze cost trends, identify high-cost drivers, and suggest cost-saving opportunities.
  • Monitor and track the actual costs of products during production, compare them to target costs or estimations, and report any discrepancies.
  • Conduct product cost comparison among different manufacturing plants, identify and address differences.
  • Collaborate with regional and global procurement teams to evaluate alternate suppliers for material cost reduction.
  • Support cost estimations of new products per alternative designs, materials, or manufacturing processes.
  • Assist the Cost Manager in maintaining a database of cost reduction ideas, tracking the success of previously implemented initiatives, and identifying opportunities for further improvement.
  • Independently handle material purchase activity using ERP system.
  • Independently handle material entry activity using ERP system.
  • Education & Certifications : Please note minimum and preferred requirements for education. This includes degree, specializations, and certifications.

    University degree in Electrical or Mechanical Engineering or equivalent with at least 2 years of professional experience in similar roles Purchasing or Buisness

    Requirements : Please list all experience required to perform this job. You may note some requirements as preferred.

  • Ability to manage multiple tasks, prioritize work and meet deadlines in a fast-paced environment.
  • Proficient with Microsoft Word, Excel, Power point and ERP system.
  • Strong communication, problem solving and analytical skills.
  • Internship or co-op experience in cost estimation, finance, or manufacturing is preferred.
  • Familiarity with cost-saving strategies, such as lean manufacturing or value engineering.
  • Ability to
  • Years of Experience :

    No Experience

    1-3 years

    3-5 years

    5-7 years

    7-10 years

    10-15 years

    15+ years

    Travel Requirements :

    No Travel

    10%

    25%

    50%

    75%

    Additional Benefits :

    Special Physical Requirements : If there are additional requirements, please check the box and then list the additional requirements.

    No Special Physical Requirements

    Heavy Lifting over 45 lbs.

    Constant / Frequent Standing

    Frequent kneeling / crawling / stooping

    Frequent climbing (stairs, ladders)

    Frequent driving (car, van, truck)

    Additional Requirements :

    Position Details : Details about specific role.

    Hiring Manager

    Ratilal Bari

    Matrix Manager

    Location (City and State)

    Hadapsar, Pune

    L1

    Stephen Liang

    L2

    Kyle Keeper

    HRBP

    For Compensation Use Only : Your compensation team will complete the details below, return the finalized documentation to the HRBP and store final copy on HR O : drive.

    Approval Date

    Assignment Title : Mgr / IC

    Job Title : Org Level

    Job Family : Job Code

    Function (Department)

    Salary Grade

    Exempt or Non-Exempt

    AIP Eligible (Y / N)

    AIP %

    SIP Eligible (Y / N)

    SIP Split

    Market Match

    Survey Source

    Survey Job Title

    Survey Level

    Survey Code

    Survey Source #2

    Survey Job Title

    Survey Level

    Survey Code

    Skills Required

    Microsoft Word, Cost Estimation, Erp System

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