Costing Engineer

Job Title : Costing Asst. Manager

Department : Strategic Sourcing

Location : Pune (Baner)

Experience : 8-14 years

Qualification : Diploma, BE (Mechanical) / NTTF, IGTR

Key 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 yearly

Visit 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 ideas

Suppliers 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 , MSA

Process understanding = Rubber / Injection Molding / Blow molding.

Understanding of Process details and machine MHR rates

Understanding of Raw material rates

Knowledge of AUTOCAD / 3D Software, has some experience

Knowledge of location wise lander labor rate, landed electricity charges along with their details break ups

Knowledge of skill set enhancement methodology to improve productivity & efficiency for commercial aspects

Knowledge of Line balancing, KANBAN, JIT & TQM technique & there usage in commercial aspects

Knowledge of existing tax structures & legal compliance

Skills :

Analytical Skills- Costing

Presentation

Communication Skills

Negotiation Skills