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  • Job reference: RMS0169569

Purchase Cost Estimator

  • Sector: Automotive
  • Location: London and South East - Other
  • Job type: Contract
  • Date posted: 12/07/2016
  • Time left:
    d h m s
This vacancy has now expired.
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The Role:
Overall Purpose of the Role:

The key focus of the role is to prepare estimates (using cost models) for new programmes, drives quoted part and tooling costs, recommend process/design improvements to optimise part cost and ensure lowest pricing via fact-based negotiations.
To collect and analyse data and information in order to estimate costs associated with manufacturing a given part/product. Works proactively towards cost target objectives in collaboration with others.

General and Task Management

•Identify and quantify cost factors, such as production time and raw material, equipment, and labour expenses and determine cost estimate part/component targets during the Pursuit
*Forward Model and Current model (serial production) product lifecycle, recommending cost effective solutions accordingly.
•Generate and maintain commodity by commodity cost database with market driven cost drivers.
•Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products.
•Utilise cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
•Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement (throughout the product lifecycle).
•Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts.
•Monitor and review data and information to detect or assess problems.
•Investigate and identify cost reduction opportunities through cost analysis review.
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