Should Cost Engineer JR-050971
Hyderabad, India
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Other
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Full-time
Job Reference: 6571 - Posted 26-Apr-2024
Job Title: Should Cost Engineer
Location: Hyderabad
Experience: 5+ Years
Qualification: Any Graduate
Skillsets: Cost Reduction, Cost Estimation, Cost Modelling, Manufacturing, Teardown, Should costing, Benchmarking, Should Cost Analysis, Should Costing, Should-Cost Modelling
Job Description:
- Ability to Interpret drawing per customer specification, to understand customer requirement.
- Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement.
- Estimating and validating the Should cost for selected geographies.
- Validating suppliers’ quotes, one-time charges, and non-recurring cost expenses (tooling, fixtures, jigs, development costs).
- Conduct & lead product Tear Down engineering / cost analysis.
- Perform basic calculation on all type of manufacturing and assembly process.
- Identify cost drivers to achieve target costing.
- Coordinating meetings with clients and with team to ensure the successful execution of projects and taking the lead in exploring new business opportunities by successfully completing POCs.
- Drive concept savings in new product development in close cooperation with, Design, Manufacturing, Quality, SCM and development Provides should cost assessments for newly proposed products.
- Analyze and anticipate cost trends, develop, and review cost forecasts, translate into implications for the business.
- KPIs include BOM savings, procurement strategy for new products, productivity ideas and drive these with different stakeholders.
- Support all NPIs, new cost savings ideas and new procurement processes.