Cost Engineer

Qualifications

• Degree/Diploma with 5+ years of experience in Procurement, supply chain management, vendor development and inventory management.
• Ability to read and understand engineering drawings and Bill Of Materials (BOMs).
• Proficient in SAP
• Have good negotiation skills.
• Complete knowledge of costing and commercial terms

Plusses:

• Engineering Degree

Day to Day:

• Establish and execute supply chain strategy for project(s)/product line(s). Will require identifying new suppliers, evaluating capabilities within existing supplier base, and negotiating intercompany material transfer.
• Familiar with sourcing materials for semiconductor industry (mechanical, electrical, electromechanical, controls, etc). Responsible for the supplier selection process including price analysis and price negotiations.
• Work closely with local mechanical, electrical and controls engineering groups to determine appropriate materials and substitutes. Challenging and optimization of product specification in close cooperation with the engineering team to allow for the most cost effective and high total quality solutions.
• Actively participate in a new product development project.
• Create purchase orders in SAP and send to the appropriate supplier as required.
• Establish inventory levels based on estimated volume and consumption rate of components.
• Shipment and invoicing co-ordination.
• Maintain the accuracy of purchase order delivery dates and pricing for both inter-company and external suppliers.