Cost Engineer-Control Equipment

Pune - India

Monthly Salary: Not Disclosed

Posted on: 3 days ago

Vacancies: 1 Vacancy

Job Summary

Job Title

Cost Engineer-Control Equipment

Job Description

Vanderlande is seeking a Procurement Cost Engineer to drive cost optimization through comprehensivecost modeling and analysis. As a pivotal member of the global Procurement Center of Excellence (CoE)you will focus on developing should-cost models and providing insights to support strategic

procurement decisions and cost reduction efforts.

Our global procurement organization enables our projects and business functions by maximizing value and minimizing risks via the procurement of goods and services in the smartest cost-effective and sustainable way. We ensure a resilient and competitive supplier ecosystem and aim to advancetowards best-in-class practices and ensure the organization is efficient effective and future-proof.

Furthermore our procurement organization plays an important role in Vanderlandes transformationfrom an Engineer-to-Order (ETO) to a Configure-to-Order (CTO) business model. This new model aims at enhancing value for its customers through increased standardization scalability and more

competitive solutions.

What will you be doing

As a Procurement Cost Engineer you will gather and analyze design- and cost data to build and maintain cost models for supporting Sales with budgets and build and maintain related should-cost models compare these estimates with supplier quotes and prepare reports to identify cost saving opportunities. Your detailed cost analysis will support procurement negotiations and you will contribute to refining cost modeling processes and tools.

Responsibilities

1. Gather and analyze cost-related data from various sources including raw material priceslabor rates and manufacturing processes to support the development of cost models and should-cost models at the component assembly or system level.

2. Perform cost maintenance and design related updates on Computer Aided Pricing software tool (CAP) equipment records and track and report cost differences between product lifecycle milestones records

3. Current state) Item selection for CAP records.

4. Build and maintain detailed (should) cost models including cost drivers of current and future products and services that provide insights into the theoretical minimum costs for products and services with input from technology information

5. Maintain and set-up equipment cost calculations in Computer Aided Cost Estimation software tool(Facton EPC)

6. Compare should-cost estimates with supplier quotes and market prices and prepare reports highlighting discrepancies and potential cost-saving opportunities

7. Provide detailed cost analysis to support procurement negotiations with suppliers helping to achieve favorable terms and cost reductions. Be an active member of the procurement negotiation team with suppliers

8. Contribute to the refinement of cost modeling processes and tools suggesting improvements based on feedback and evolving business needs.

9. Add value to Value Engineering and DFX projects by providing should cost estimations or cost drivers for mechanical and/or electrical equipment during the development phases.

What do we ask from you

To be successful in this role you should have:

1. Proven experience (5 to 8 years) in engineering analyzing and interpreting cost datapreferably procurement-specific data using an established cost engineering tool (e.g.Facton) and in a manufacturing environment (material costs production costs)

2. Proficiency in data languages (e.g. SQL Python R) and analytics tools capable of extracting and interpreting complex datasets to identify trends patterns and insights for further cost modelling and forecasting.

3. Proficiency in data visualization tools (e.g. Power BI Tableau Excel) to effectively communicate financial and cost insights. Set scope and find internal support atother departments in putting together reporting & visualization.

4. Advanced skills in conducting should-cost modeling to assess product and service cost drivers and total cost of ownership (TCO).

5. Ability to independently handle ad-hoc cost engineering and analysis requests alongside the creation of recurring reports.

6.Proven experience in translating technological design data into financial cost data and being able to determine cost drivers using known cost engineering techniques.

7. Knowledge / experience in cost engineering (CE) and value engineering (VE).

8. Proven experience in Data Management (JDE and Enovia) & Tools (Computer Aided Cost Estimation Software (Facton EPC) and/or CAP)

9. Familiarity with procurement processes and supply chain management.

10. Excellent collaboration skills to work effectively with cross-functional teams and stakeholders

11. Proficiency in English for clear communication within an international team setting.

About the team

The Procurement Center of Excellence (CoE) team at Vanderlande is a dynamic group of professionals dedicated to providing strategic support and enhancing demand and supply management capabilities. Comprising diverse roles such as RfX Specialists Contract Administration Specialists Procurement Reporting Analysts Procurement Cost Engineers Procurement Market Insight Analysts and Supplier Onboarding Specialists the team collaborates closely with the demand and supply management teamsto deliver high-quality support and insights. Operating across global and regional centers our team thrives on collaboration continuous learning and a commitment to excellence making a significant impact on the organizations success.

About Vanderlande

Vanderlande is the global market leader for future-proof logistic process automation at airports and in the parcel market. Furthermore we are also a leading supplier of process automation solutions for warehouses which seamlessly integrate innovative systems intelligent software and life-cycle services.

At Vanderlande you can develop your career satisfy your ambitions aspire to new heights while enjoying personal growth and thriving on achievement.

Required Experience:

Job TitleCost Engineer-Control EquipmentJob DescriptionVanderlande is seeking a Procurement Cost Engineer to drive cost optimization through comprehensivecost modeling and analysis. As a pivotal member of the global Procurement Center of Excellence (CoE)you will focus on developing should-cost model...