Sr. Lead/Lead Cost Engineer

Xylem Water Solutions

6 - 13 years

6 - 7 Lacs

vadodara

Posted:1 day ago| Platform:

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Skills Required

supply chain costing value engineering cost reduction ppap gap analysis raw material monitoring freight metering

Work Mode

Work from Office

Job Type

Full Time

Job Description

The key responsibilities of this position are:

Must possess technical knowledge of Electrical Motors & their associated manufacturing processes.
Analyzing elements of Product Cost Structure including Material cost, process costs, direct labor, bill of materials, overhead, SG&A, Profit
Understanding of commodity global Market trends & historical datasets for Motors categories
Costing Systems & global database maintenance: Time to time updating of process parameters such as Raw material prices, Machine hour rates, Labor rates, Cost Trends, Freight & Taxes
Uses best industry techniques and practices to establish fact based pricing positions, best value determinations and economic sourcing strategies.
Supporting global category and commodity managers in deriving negotiation strategies & actual price negotiations
Actively support New product program via providing should cost information for meeting target cost & monitoring the commercial gap closure with buyers.
Lead VAVE, teardown and benchmarking projects using directional and other costing methodologies. Analyze the design features & suggest design change or ideas for cost reduction.
Developing high level estimates for tooling and negotiation with tooling vendor.
Areas of expertise include understanding of design & drawings, GD&T, various manufacturing process, tools and their process parameters, cost drivers, Process capabilities & fact based negotiation techniques.
Plan and facilitate design reviews and workshop; working within cross-functional teams. Exert a shaping influence & drive project execution
Complete project assignments per established schedules.
Pro-E/Creo knowledge a plus

Important Stakeholders/Key Interactions

Global Commodity Managers

New Product development/ R&D Leaders

Global Suppliers .

Part 2. Describe the Person

Minimum professional and educational background desired (include years of experience).

4-Year bachelor s degree preferably in Mechanical Engineering/Production Engineering
8 to 13 years experience in supply chain, Manufacturing Process Plan and Execution methodologies in motors commodity

4-Year bachelor s degree in Mechanical Engineering/Production Engineering
2-Year Master Degree in Mechanical engineering/Production Engineering
6 to 11 years experience in supply chain, Manufacturing Process Plan and Execution methodologies in motors commodity

Key technical skills and knowledge.

Expertise in should costing methodology and systems (aPriori or equivalent)

Knowledge of various processes & technologies for motors manufacturing

Ability to identify material used, manufacturing process, etc.

Costing analysis or design-to-cost experience a plus

Global insights of commercial database for major manufacturing processes

Problem-solving and data analytical skills.

Cost Gap Analysis (Supplier quote vs should cost) and capable of handling supplier negotiations.

Knowledge of international & industry standards.

Component development as per PPAP/APQP

Proficiency in Creo a plus

Project / Program Management skills

Value Engineering Certification (SAVE) a plus

Costing analysis or design-to-cost experience

Interpersonal and communication skills with the ability to effectively manage tasks/priorities.

Effective communication in English is must.

Microsoft office package Excel and PowerPoint. Experienced user.

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