Associate Engineer - Costing BOM Analysis

2 - 7 years

0 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Internship

Job Description

  • 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.

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