Duties: Liaise with local suppliers by requesting detailed cost breakdowns using the standard cost calculatio...

JOB INDEX - 1 year ago - Job Mail

1 year ago

Purchasing Cost Engineer

Duties:



  • Liaise with local suppliers by requesting detailed cost breakdowns using the standard cost calculation template for component piece prices, tooling and development costs.

  • Extract cost breakdown information from various Purchasing Systems for analysis.

  • Calculate the cost to manufacture a component using the industry rates and manufacturing indexes and compare to the suppliers quotation (prior to nomination) and / or the supplier piece price and cost breakdown in the purchasing system (after nomination).

  • Identify potential cost saving opportunities to provide the commodity buyer with sound justification for negotiation with the suppliers, such as:

    Ø Government incentive benefits, e.g. AIS investment claims

    Ø Supplier specific fixed overhead cost recovery optimization, e.g. tracking business expansions, measuring plant capacity utilization, removal of depreciation cost, etc.

    Ø Benchmarking of material and bought-out part cost

    Ø Supplier pre-logistics cost plausibility and potential optimization


  • Verification of the production processes on site at the supplier and observation of the overall supplier company profile.

  • Detailed analysis of the tooling and development cost to identify cost opportunities.

  • Develop options for the supplier strategy together with responsible Production Purchasing Commodities, participate actively during supplier negotiations and follow up agreed measures. Follow-through of result tracking and measurement.

  • Presentation of cost analysis findings to the Purchasing Commodities and in the Local Sourcing Committee (when applicable).

  • Monitor standard industry overhead and material cost including managing the necessary subscriptions to reputable data source. Investigate variance versus actual cost and identify cost opportunities / risks.

  • Recommend, agree and implement training measures as well as ensuring knowledge build up.

  • Development of an annual plan containing the recommended purchased components to be evaluated, the analysis method and additional scopes (change points) for agreement with Supervisor.

  • Tracking of progress against annual plan including reporting of results achieved.


Requirements:



  • National Diploma or Degree (Commercial, Finance, Business Management) or;

  • A relevant technical National Diploma or Degree with strong costing capability

  • Minimum of 5 years Automotive related experience

  • Proven experience as a cost engineer, cost specialist or similar role

  • Proven experience in terms of understanding component drawings, manufacturing processes and cost drivers that add to the cost of purchased components

  • Advanced computer literacy (MS Word, Excel, PowerPoint and SAP)