Cost Engineer

5 - 9 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a Cost Estimator at Smiths Detection, you will be responsible for producing cost estimates for components and assemblies within the Smiths portfolio using the relevant software system. You will also contribute to benchmark market data, analyze cost breakdown data, and support supplier selection through best price source analysis. Additionally, you will play a key role in facilitating Cost Reduction Workshops and supporting NPI projects to ensure cost-optimized designs are delivered to the supply chain. Key Responsibilities: - Produce cost estimates for components and assemblies using the aPriori software system - Contribute to benchmark market data and ensure its accuracy and relevance - Analyze Cost Breakdown data to identify price negotiation opportunities and design improvements - Support NPI projects by suggesting manufacturing best practices - Facilitate Cost Reduction Workshops as required - Work with buyers and external suppliers to obtain Supplier Cost Breakdown data and ensure accuracy - Support supplier selection through best price source analysis Qualifications Required: - Strong knowledge of manufacturing processes used within Smiths Supply Chain - Good understanding of how Product Cost Structures are calculated and presented - Familiarity with Cost Estimation software/tools including aPriori - Ability to read and interpret Engineering Drawings and Specifications - Proficiency in manipulating and interpreting 3D Solid CAD Models - Strong numeracy and analytical skills to interpret supplier data and identify opportunities - Excellent proficiency in MS Excel Additional Details: Smiths Detection, part of Smiths Group, is a global leader in security and detection solutions with a network of 3,000 dedicated colleagues contributing towards over 40 years of experience in safety and security. The company offers excellent training, opportunities for career growth, and a wide range of benefits to support your lifestyle. Join the team at Smiths Detection and be part of making the world a safer place.,

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Smiths Detection logo
Smiths Detection

Security and Investigations

London England

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