Purchasing Cost Engineer - Port Elizabeth
Salary Negotiable
Port Elizabeth, Eastern Cape
Port Elizabeth,
Eastern Cape
more than 14 days ago
22-07-2022 8:44:14 AM
16-09-2022 8:44:14 AM
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).
Costing calculations experience and component drawing experience
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.
Company Description
Automotive