Should cost Engineer

Job Description

Responsible for bench marking analysis for the overall products Understanding customer requirements, use or develop suitable should costingmethods for Component/Product estimation Preparation/presentation of analytical reports and part/assemblies/products Good communication with stakeholders, vendorsExpertise in handling suppliers for cost negotiations Essential Skill set: Gather proposals, specifications and related documents and liaise with stakeholdersin order to convert specifications to cost estimates for new and current products Utilize cost methodologies and tools and appropriate software models and packagesto prepare and maintain reliable and accurate data Establish cost estimates of production processes and tooling costs and reviewalternatives or put forward recommendations for improvement Investigate and identify cost reduction opportunities through cost analysis review Contribute to cost monitoring and reporting systems and procedures and monitortrends Knowledge on using Apriori , Costomator or any specific tool used for should costing Develop templates for costing related to Components/Assemblies/Products,preferably in the field Metals and Plastics Analyze supplier quotes and provide information and data, which aidscommunications with suppliers and customers and achieves cost optimization. Ensure supplier quotations meet should cost estimates Support supplier meetings and negotiations to challenge quotation prices and aimfor cost reductions to meet target costs Desired Skill Set: Strong analytical skills Strong technical mindset and able to read and interpret technical data and translateto others Highly numerate with the ability to research, assemble manage and manipulatenumerical information Good planning, communication and interpersonal skills Self-motivated and highly organized QualificationB.E/M. E Mechanical/Diploma or similar domain