Job descriptionJob Title : Costing Asst. ManagerDepartment : Strategic SourcingLocation : Pune (Baner)Experience : 8-14 yearsQualification : Diploma, BE (Mechanical) / NTTF, IGTRKey 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 yearlyVisit 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 ideasSuppliers 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 , MSAProcess understanding = Rubber / Injection Molding / Blow molding.Understanding of Process details and machine MHR ratesUnderstanding of Raw material ratesKnowledge of AUTOCAD / 3D Software, has some experienceKnowledge of location wise lander labor rate, landed electricity charges along with their details break upsKnowledge of skill set enhancement methodology to improve productivity & efficiency for commercial aspectsKnowledge of Line balancing, KANBAN, JIT & TQM technique & there usage in commercial aspectsKnowledge of existing tax structures & legal complianceSkills :Analytical Skills- CostingPresentationCommunication SkillsNegotiation Skills