11 Part Costing Jobs

Job Description / Key Functions (list most important first) 1. Analyses costing on Zero based costing, negotiate with Suppliers and finalising the source and cost (Commodities Injection moulded parts, painted parts, Sheet metal parts, PCB, PCBAs and E-components) 2. Analyses market, find and on board the Suppliers who can deliver on time with right quality and cost by attending exhibitions, conferences, seminars etc. 3. Responsible for Supplier quality and delivery monitoring. 4. Define and achieve department goals based on the organizational goals. 5. Review team performance monthly with management by preparing and presenting the department KPIs. 6. Should have knowledge on PCB, PCBA processes and costing. 7. Define purchasing strategy (short & long term) and implement them. 8. SAP knowledge on MM module. 9. Responsible for cost finalization of indirect goods. 10. Responsible for PPV and cost reduction projects at Suppliers.

Role & responsibilities Cost Estimation & Analysis: Develop detailed cost models for automotive parts, assemblies, and full vehicles based on BOM (Bill of Materials), labor, overhead, and material inputs. Prepare cost estimates for new product introductions (NPIs), design changes, and customer quotes (RFQs). Analyze variances between estimated and actual costs and investigate root causes. Product Lifecycle Costing: Track and manage product costs from prototype through to mass production. Support make-or-buy decisions by evaluating internal vs. outsourced manufacturing costs. Cross-functional Collaboration: Work closely with engineering, purchasing, and manufacturing teams to collect cost inputs and ensure accuracy of cost models. Participate in product development reviews to assess cost impact of design changes. Data Management & Reporting: Maintain up-to-date cost databases and systems . Provide cost breakdowns and reports to finance and management for decision-making. Continuous Improvement: Identify opportunities for cost reduction and process efficiency in manufacturing and supply chain. Support value engineering and bench-marking activities. Preferred candidate profile

Educational qualification &experience profile: B. Tech / B.E / Diploma (Mechanical/Industrial Engineering), having 2+ years of experience in the field of part costing for any of the 2 modules Sheet Metal, Forging & M/cing, Casting and Plastic Injection Moulding. Role Description: 1. Expertise to evaluate zero base costing from drawing & samples. 2. Knowledge of manufacturing processes and identification of cost reduction opportunities. 3. Knowledge of Industry Benchmark norms and Machine Hour Rate calculation. 4. Knowledge of purchasing process and inflation/deflation adjustment. 5. Ability to develop strategic program & project goals. 6. Track project development timelines & monitor performance to deliver results. 7. Knowledge of project management & prior experience of software training / handover will be added advantage. Desired Skills: 1. Excellent client-handling and communication skills (written & oral). 2. Ability to lead & inspire team members. 3. Expertise in MS Excel & PowerPoint 4. Self-motivated & passionate to achieve results 5. Innovative & out of the box thinker

Part costing, manufacturing costing, raw material costing, machine hour rates, fixed and variable overheads, labor rate, logistic cost in market, work on costed BOMs, components costing, CNC, welding part, forging part, machining. Required Candidate profile BE/BTech (Mechanical) with 8 to 13 years exp in valve industry or pump industry, well versed in ERP - minimum 5 to 8 years exp in costing.

Greeting From INTELIZIGN! We have opening for costing Engineer. Work Experience: 3 Years Work Location: Chennai Relevant Experience: Direct/Indirect Costing/NPD Notiece Period: 30 days Cost Estimation of new development Parts to customers. • Fixing of Stroke cost for press machines & hour rate cost for various CNC machines being used for production to suppliers. • Review & finalization of child parts price to suppliers. • Revision of sales price to customers based on raw material cost/process cost/scrap cost fluctuations in the market. • Making Report about Total Purchase & Sales Target vs. Actual. • Estimation of Tool cost for new product development items and engineering order change items. • Estimation of Adhoc Prices for New Products development items. • Cost estimation of Indirect items which is used in Manufacturing. • Fixing of timing plan to suppliers for NPD items. • Estimation of Retrospective amounts from customers from the sales price revision period. • Expertise in developing local vendors, reducing the cost of procurement of materials & identifying alternative grade raw materials in the market at the lowest price. • Continuous monitoring of Exchange rate fluctuations on CKD raw material purchases. • Bank Guarantee works for advance payment for the foreign supplier. • Monitoring on the shipping side for Customs Clearance / CEPA Works. • Controlling of records such as BPA / POs / BOEs / EOCs / CEPA / EPCG records. • TS / ISO audit-related documents review and updating.

New Part Development: Fasteners Nut, Bolt, Springs, Washer, Grease Nipples, exhausts Capacity Planning as Production volumes Zero Base Costing of the new parts Cost Saving Year by Resourcing, Localisation, Negotiation Periodic Price amendment Supplier Consolidation Co-ordinating with Material, and Finance for supplier-related issues Able to handle Import suppliersJob includes from RFQ to Part Handover to material team. Technical Competencies Good knowledge of Fastener Commodity, Supplier base, and manufacturing processes such as cold forging, plating, and coating. Excellent proficiency on part costing Good knowledge of Commodity such as Steel, Coatings Knowledge of machining processes, MHR costing, and selection of the best suitable process Excellent negotiation skill Excellent proficiency in MS Office preferably in MS Excel & PowerPoint. Knowledge of SAP MM module supplier evaluation, assessment, and supplier development experience for plastic & rubber commodities. Education:B.A,B.Tech/B.E.,MBA Marketing,

Job Summary- Tricords vision is to become our customer’s first name in Global Supply Chain management. It is in that entrepreneurial spirit that we are seeking an energetic and motivated individual who is passionate about helping to grow the business by starting a career in international sourcing. This individual will be primarily responsible for doing costing analyses on all new and requoted projects for Tricord International. The APAC Costing Engineer will be measured quarterly on their performance. Job Functions- Perform generalized costing analysis to determine viability of new quoting opportunities Perform detailed costing for all new projects. Engage with suppliers to negotiate pricing Engage in cost reduction exercises for parts in production. Work with team members to build and maintain raw material historical data sheets. Help to cross train fresher staff on costing methods. Attend weekly sales review meetings to communicate negotiation progress with sales team. Support in identifying suppliers who provide transparent, competitive pricing. Support PPC & Logistics team on sample and production POs to reduce the manufacturing lead time. Create Standard operating procedures for future costing processes. Continued education on costing practices for processes not in competency.

Lead all activities related to cost engineering within the assigned scope of work. Utilize cost methodologies, tools & appropriate software models & provide expert knowledge in cost analysis, manufacturing processes, material/supplier comparison. Required Candidate profile 3+ years of experience for Cost Engineer should have completed studies in Diploma or B.E. in Mechanical or Electrical Must have knowledge on automobile & auto-parts. Immediate joiners preferred Perks and benefits YEARLY BONUS, PF, DUTY HOURS FOOD

Involving in monthly planning, ordering & Procurement of direct materials for production ( Casting, Machining, Forging & BOF). Evaluate, Monitor and Analyse supplier performance in QCD terms and initiate improvement actions. Exposure to best procurement practices. Develop and improve suppliers through continuous improvements. Capable of handling and maintaining good relationship with suppliers, problem solving and crisis handling experience Perform price review and price settlement for existing suppliers and for new parts during development. Capable of individual handling and managing suppliers to meet production demands. Have participated in supplier improvement in capacity, quality, Cost and Delivery improvements. Understanding of Purchase and SCM function Knowledge on Part costing & Negotiation of various commodities.

New Product Costing Business Evaluation & Feasibility Coordination with other dept for Quote & Business Bidding Benchmarking of Product Price Trend Analysis of RM, BOP, Paint, Metal Process Cost Trend for Product Cost Saving Reports Improvement Plan Required Candidate profile Must have: SAP: Month-end Cost Run. Flash Cost Sheet of each product. SKF run in SAP. MHR AHR LHR Analysis.

Responsible to maintain purchase cost saving dashboard. Outsource part costing with respective to supplier settled costing norms New supplier development with norms finalization. New BOC parts price finalization. Totals spend analysis (RM and BOC ) RM Amendments & provisions. Responsible to maintain document records like -- NDA, Supplier tooling agreement, Supplier purchase and quality agreements. Monthly MIS Report periodic supplier audit for improvements