Specialist

BOM COSTING SPECIALIST

DESCRIPTION

The BOM (Bill of Materials) Cost Manager is responsible for managing and optimizing the cost structure of the complete BOM for all running & new products, ensuring cost competitiveness, transparency, and alignment with sourcing strategy.

KEY RESPONSIBILITIES

Own and manage the total BOM cost for assigned products from concept through launch.

Derive cost estimates based on zero based costing.

Develop cost breakdowns and estimates for components and systems across all commodity groups.

Analyse cost drivers and provide recommendations for cost optimization.

Track BOM evolution and report variances vs. targets and previous builds.

Maintain accurate cost databases and benchmarking data.

Lead cost review meetings with suppliers and internal stakeholders.

Evaluate and validate cost impact of design changes and engineering change requests (ECRs).

Ensure timely update of BOM cost for changes and maintain version control.

Align with Business development on cost targets and budget tracking.

Perform benchmarking studies and cost competitiveness analysis vs. market trends.

Monitor commodity price trends and assess supplier impacts.

QUALIFICATIONS

Bachelor’s / Master’s degree in Mechanical engineering

10+ years of experience in Sourcing / Purchasing in a Tier-1 automotive environment.

Strong knowledge of automotive components, manufacturing processes and cost structures.

Experience with BOM tools, Power BI / cost modelling software and ERP systems (e.g., SAP, Teamcenter).

Understanding of global sourcing and supplier negotiations.

SKILLS

Excellent analytical and financial modelling skills.

Strong negotiation and supplier management capabilities.

Proficient in Microsoft Excel, Power BI, and cost estimation tools.

Strong communication and stakeholder management skills.

Detail-oriented with a structured approach to problem-solving.

Ability to work in a fast-paced, cross-functional environment.