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