Cost Engineer I

Relevant experience required (in years):Minimum 6 to 10 years of Relevant knowledge of / experience in cost engineering (CE) and preferably value engineering (VE)

Required Skills & Competencies:

• At least a bachelors degree in engineering (e.g. Mechanical Engineering/Production Engineering)
• Minimum 6 to 10 years Experience with Manufacturing and Supply Chain processes.
• Excellent Communication skill (English language - speaking, reading and writing)
• Hands-on knowledge with Cost Management Software. (FACTON EPC)
• Knowledge in Microsoft Office (Advanced skills, like XLOOPUP, MATCH, INDEX etc.) Preferred.
• Knowledge of ERP system (JD Edwards).
• Knowledge of PLM systems (Enovia).
• Basic knowledge of databases and data analytics.
• Experience with the material handling industry Added Advantage.
• Relevant knowledge of / experience in cost engineering (CE) and preferably value engineering (VE).
• Experience with Manufacturing and Supply Chain processes.
• Strong skill to build constructive cross-functional relationships.
• Works well in multi-disciplinary team.
• Excellent communication and presentation skills, both verbal and written.
• Works well in multi-disciplinary team.

Role & Responsibilities:

Your Role

As a Cost Engineer, you will support the pricing consulting and maintenance of our pricing system, using the Computer Aided Pricing (CAP) database which keeps region specific records. You will be responsible for reviewing cost levels of existing CAP records and propose cost for new records, if necessary, by operating our FACTON EPC Cost Management Software.

Your tasks and responsibilities

You will work as a Cost Engineer I, which offers you different tasks in the field of Support to SCC EU sourcing and - coordination departments, and reporting. Your main focus will be on:

• Support Relocation activities
  • Support/make business cases to assess cost impact of relocation
  • Keep track of estimated product cost in relocation projects
  • Set targets for sourcing and suppliers; contribute to the realization of targets
• Support SC&V (= Strategic Costing & Verification) department
  • Define and maintain cost drivers to be used in CAP
  • Calculate and motivate updates of CAP unit prices based on cost drivers, by operating our FACTON EPC Cost Management Software
  • Monitor CAP versus actual costs and take corrective actions if necessary
• Reporting
  • Analyzing equipment or category cost across projects
  • Setting up reference projects for benchmarking purpose

Report cost trends for raw materials, equipment, categories or reference projects