Cost Analyst

The key purpose of the job at Hero Motocorp is to develop cost models and determine costs to set benchmarks, with the aim of enhancing sourcing efficiency. As a Procurement professional, you will need to possess expertise in assessing costs across various product categories and manufacturing technologies. Collaboration with buyers and sourcing engineers is essential to optimize procurement costs effectively. Your responsibilities will include, but not be limited to: - Conducting zero-based costing for parts in different product categories and manufacturing technologies - Analyzing existing norms and identifying areas for improvement - Evaluating and assessing potential costs - Supporting buyers in enhancing costs - Identifying alternative methods for cost efficiencies - Discovering a pool of suppliers who can offer innovative and competitive products In your day-to-day activities, you will drive cost benchmarking to pinpoint opportunities and assist in their implementation. Setting targets and KPIs for specific part categories and engaging with internal stakeholders and suppliers to finalize designs based on target costs will be part of your routine. The ideal candidate for this role should be an Engineering Graduate, preferably with an MBA, and possess 8 to 12 years of experience. Strong analytical skills, proficiency in MS Excel and PowerPoint, expertise in cost modeling, zero-based budgeting, and other related models are required. Additionally, excellent communication, presentation skills, ability to work independently, self-motivation, and a drive for results are crucial behavioral attributes. Working at Hero Motocorp, the world's largest manufacturer of motorcycles and scooters for 22 years, offers you the opportunity to collaborate with innovative minds dedicated to excellence. You will be part of India's esteemed legacy, contributing to a brand cherished by 110 million Indians and expanding its global footprint. Hero Motocorp is committed to shaping the future of mobility through cutting-edge innovation and relentless pursuit of excellence. If you aspire to achieve your dreams with unwavering determination, Hero is the place for you. Headquartered in New Delhi, Hero MotoCorp is a global leader in manufacturing motorcycles and scooters. With a strong presence in 47 countries, the company is focused on developing modern, eco-friendly mobility solutions for its vast customer base. Having achieved the milestone of 110 million cumulative sales, Hero MotoCorp aims to reach the next 100 million sales by 2030. The company's state-of-the-art manufacturing and R&D facilities are located across various countries, embodying its commitment to innovation and sustainability. Join Hero Motocorp to be part of a dynamic team that is revolutionizing the mobility industry and setting new benchmarks in global manufacturing and research. Be your best with Hero, a company that values talent and fosters growth and innovation. (Note: The above description is a paraphrased summary of the provided job details without any headers.),