Description
• 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;
? Government incentive benefits, e.g. AIS investment claims
? Supplier specific fixed overhead cost recovery optimization, e.g. tracking business expansions, measuring plant capacity utilization, removal of depreciation cost, etc.
? Benchmarking of material and bought-out part cost
? 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:
• Tertiary Education (Commercial, Finance or Business Management).
• 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.
• Experience in working with cross departmental teams.
• Self-motivated and driven.
• Excellent analytical skills.
• Great attention to detail and accuracy.
• Superb verbal and written communication skills.
• Well-developed inter personal co-ordination skills.
• Ability to plan and organize.
• Advanced presentation skills.
• Advanced computer literacy (MS Word, Excel, PowerPoint and SAP).
• Structured problem-solving skills.