Costing Engineer

Smiths Detection

5 - 10 years

14 - 19 Lacs

gurugram

Posted:Just now| Platform:

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Skills Required

cost engineering value engineering cost reduction should costing cost estimation cost analysis cost saving

Work Mode

Work from Office

Job Type

Full Time

Job Description

Duties:

Produce cost estimates for components and assemblies within the Smiths portfolio using the relevant software system (currently aPriori)
Contribute to benchmark market data used in the software system to ensure accuracy and relevance
Work with buyers and external suppliers to obtain Supplier Cost Breakdown data and ensure accuracy
Analyse Cost Breakdown data against cost to identify price negotiation opportunities and design improvements to reduce cost/price
Support NPI projects to suggest manufacturing best practice and ensure cost optimised designs are delivered to supply chain
Support supplier selection through best price source analysis
Facilitate Cost Reduction Workshops as required

Qualifications

Technical Knowledge and Skills:

Strong knowledge of manufacturing process used within Smiths Supply Chain
Good knowledge of how Product Cost Structures are calculated and presented
Familiarity with Cost Estimation software/tools including aPriori
Ability to read and understand Engineering Drawings and Specifications
Ability to manipulate and interpret 3D Solid CAD Models
Strong numeracy and analytical skills to interpret supplier data and identify opportunities
Excellent proficiency in MS Excel

Competencies and Abilities (Could include Leadership behaviors too):

Strong self management and ability to work independently to meet timescales and objectives
The ability to provide robust and imaginative technical solutions to drive down costs in manufactured products
The ability to make effective, timely decisions in a complex, global market by sourcing and analysing critical information.
Willing and able to identify and support change and continuous improvement in own and wider business environments.
Adhere to any health, safety and environmental policies and procedures to ensure the safety and wellbeing of self, staff and visitors
Assertive, resilient and welcomes change in a complex environment
Engages interest and participation of others and has a collaborative approach to working with others
Able to deliver well rounded complete solutions and present to peers/seniors after completion
Shows moral courage, openness and honesty in all dealings

Education & Experience:

Degree level BSc in engineering as a minimum
Minimum 5 years experience in a supplier engaging role within automotive or aerospace industry
Previous Cost Estimation and modelling experience essential (although training will be given)
Familiarity with modelling software e.g. aPriori strongly desirable, although excel based experience acceptable
Strong verbal and written communication with English as the language used within the global business.
Language skills in the local region an advantage
Flexibility and ability to travel worldwide (10-20% of work time)

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