Purchasing Cost Engineer

at MPC Recruitment
Published July 24, 2022
Location Port Elizabeth, South Africa
Category Procurement  
Job Type Full-Time  

Description

 

Job 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; o Government incentive benefits, e.g. AIS investment claims o Supplier specific fixed overhead cost recovery optimization, e.g. tracking business expansions, measuring plant capacity utilization, removal of depreciation cost, etc. o Benchmarking of material and bought-out part cost o 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. • 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 and knowledge of Component Drawing • 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.

 

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