Sr. Should Cost Engineer Casting Fabrication & Machining

Role & responsibilities

• Must possess knowledge of various casting manufacturing processes like sand casting, Investment casting, HPDC, GDC & lost foam casting.
• 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 casting category
• 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 .