cost engineer in peterborough

posted
job type
contract
salary
£ 20 per hour
apply now

job details

posted
location
peterborough, east of england
job category
engineering
job type
contract
working hours
Full-Time
salary
£ 20 per hour
reference number
COST
phone
01489560185
apply now

job description

A Cost Engineer is required on a contract basis to join an industry leading manufacturing business.

Are you experienced in a manufacturing role? Do you have the capabilities to be successful in a fast paced production environment? If you are looking for an exciting new opportunity, then this is the job for you!

The primary focus of this position is the development of detailed component cost models and high level cost estimates for existing parts, new parts and competitor parts. Cost models account for all costs drivers associated with the manufacture and supply of components. The creation of models and estimates will involve the application of your existing manufacturing/engineering and product knowledge, or through detailed investigation of the desired process and technology. The completed analysis sets the baseline that will help identify cost reduction opportunities/projects for subsequent delivery through Strategic Cost Management or NPI teams

This role covers both current and New Product Introduction (NPI) programmes.

KEY RESPONSIBILITIES:



* Form high level cost estimates using existing knowledge coupled with information derived from 2D drawings, 3D Solid model, material specifications, technical specifications, material type, part samples, component assessment forms (CAF's), process knowledge and supplier data.


* Use the above to develop detailed component 'Should Cost' models from bottom up. Models are generated using dedicated software to process data, including: - manufacturing process, machine data, labour rates, commercial data, scrap rates etc
* Identify cost reduction opportunities after reviewing the incumbent suppliers operational process Vs 'Cost model' results
* Work with project team to derive a targeted negotiation strategy based on Cost model data
* Provide technical support to buyers during supplier negotiations
* Undertake price change assessments prior to sign off to ensure value for money
* Manage VA/VE (Value Added / Value Engineering) events and process optimisation workshops to identify cost reduction opportunities for delivery
* Work with Design Engineering as a consultant to develop cost effective solutions

KEY COMPETENCIES:



* Initiating Action and Leadership
* Effective Communication skills - Written and Oral
* Innovation
* Technical / Professional Knowledge
* Focus on Quality and continuous improvement

SKILLS & EXPERIENCE REQUIRED:



* This is a great opportunity for someone who has experience in material cost management with a strong foundation in a range of manufacturing processes

Essential:



* Strong knowledge of manufacturing processes and commercial cost drivers
* Experience of managing multiple projects
* The ability to demonstrate cross functional team work
* Analysing and interpreting numerical data and reaching sound judgments and recommendations
* Driving License as travel will be required
* Proficient in Microsoft packages.

Desirable:



* Educated to a degree level or relevant work experience
* Good product knowledge
* Strong 'working' knowledge of Excel


This is an awesome opportunity to be part of a leading manufacturing business which offers an interesting, varied and exciting workload coupled with a motivated and passionate culture. You will be part of a small, friendly team working together to deliver programmes that are critical to the long-term success of a respected, global company.

Randstad CPE values diversity and promotes equality. No terminology in this advert is intended to discriminate against any of the protected characteristics that fall under the Equality Act 2010. We encourage and welcome applications from all sections of society and are more than happy to discuss reasonable adjustments and/or additional arrangements as required to support your application.

Candidates must be eligible to live and work in the UK.

For the purposes of the Conduct Regulations 2003, when advertising permanent vacancies we are acting as an Employment Agency, and when advertising temporary/contract vacancies we are acting as an Employment Business.

skills

Cost reduction

qualification

Engineering

educational requirements

automotive engineering,engineering