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  • Job reference: RMS0205642

Cost Engineer

  • Sector: Automotive
  • Location: London
  • Job type: Permanent
  • Date posted: 28/01/2019
  • Duration: 1 month
  • Time left:
    d h m s
    (11/03/19)
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The Role:
The role will cover two phases. In phase one, the 'Project Phase', the vehicle will be designed and a full project plan will be created with decisions made on how and where to build the vehicle and set the plans in motion. In the second phase, the sustainable manufacture of the product will come on stream.

During phase one the Cost Engineer will evaluate different technologies, processes and supplier quotes to support engineering as well as procurement selecting the most appropriate design. The quote analysis will also be used by procurement for negotiating the best cost for the production material.

In second phase the job holder continuously identifies and implement cost down ideas. Process analysis and optimizations at the supplier´s plants are one of the key activities of the cost engineer.

Environment/Context: describe the most important internal and external factors influencing the job

Internal factors: procurement management principles; project phase timeline; project targets for material and tooling cost; management of the procurement team;
External factors: global supply markets; raw material price variations; country regulations regarding homologation; competitor activities; any legal restrictions versus predecessor vehicles.

Accountabilities of the job: main results expected from the job

Accountability:

* Support the engineering and design process by comparing different processes, production materials and production locations on the basis of calculations
* Provide design recommendations on the basis of cost evaluations
* Conduct on-site process analysis and process optimization at the supplier plants to improve our cost position
* Implement and monitoring of cost down measures at the suppliers to support multi-year savings contracts
* Analysis of supplier quotes to identify negotiation possibilities
* Lead Make or Buy studies together with controlling to improve cost position or supply delivery performance and support market value proposition
* Support material cost controlling with bottom-up cost analysis of products, processes or hole plants
* Supplier development with regards to the suppliers cost position and by that its robust financial performance

Essential Skills / Qualifications:
* Ideally 3-5 years' experience gained at either a Tier 1 automotive supplier or automotive OEM
* Able to demonstrate direct knowledge of value analysis and value engineering
* Experience in leading cross functional change management and cost down projects
* Excellent project management skills, with a track record of delivery
* Demonstrable ability to prioritise tasks and have effective time management and analytical skills
* Excellent communication and interpersonal skills
* There will be significant travel involved in the role

About Fircroft:
Fircroft has been placing people in specialist technical industries for approaching half a century, focusing on mid to senior level engineers for contract and permanent roles worldwide. By applying for this job you give consent for Fircroft to contact you, via email & telephone, to discuss your application along with future positions and Fircroft's services.

Fircroft is registered as a Data Controller with the Information Commissioner as required under the General Data Protection Regulation 2016/679. Fircroft will only process your personal data for the specific purposes of managing your application.

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