Cost Engineer Job in Smiths Detection

Provide Cost Estimates or similar comparison costs for the Cost/Value of goods required by the business to aid decision making in design optimization and commercial discussions. Where required to support Procurement and Technology to understand the detail behind the costs to deliver savings.

Responsibilities:

• Produce Should Cost Estimates for Components and Assemblies within the Smiths portfolio using the relevant Software system (currently aPriori)
• Contribute to benchmark market data used in the software system to ensure accuracy and relevance
• Work with buyers and external suppliers to obtain Supplier Cost Breakdown data and ensure accuracy
• Analyse Cost Breakdown data against Should Cost to identify price negotiation opportunities and design improvements to reduce cost/price
• Support NPI projects to suggest manufacturing best practice and ensure cost optimised designs are delivered to supply chain
• Support supplier selection through best price source analysis
• Facilitate Cost Reduction Workshops as required

Skills & Experience:

• Degree level BSc in engineering as a minimum
• Minimum 5 years experience in a supplier engaging role within automotive or aerospace industry
• Strong knowledge of manufacturing process used within Smiths Supply Chain
• Good knowledge of Product Cost Structures calculations
• Familiarity with Cost Estimation software/tools including aPriori
• Ability to read and understand Engineering Drawings and Specifications
• Ability to manipulate and interpret 3D Solid CAD Models
• Strong numeracy and analytical skills to interpret supplier data and identify opportunities
• Excellent proficiency in MS Excel
• Previous Cost Estimation and modelling experience(although training will be given)
• Familiarity with modelling software e.g. aPriori strongly desirable, although excel based experience acceptable
• Strong verbal and written communication with English as the language used within the global business.
• Language skills in the local region an advantage
• Flexibility and ability to travel worldwide (10-20% of work time)
• Considering information and inputs from a wide group of stakeholders
• Accurately forecasting and scheduling resources and activities
• Creating plans to deliver actions and longer term objectives
• Identifying and prioritising actions based on the customer and business needs
• Ensuring all decisions are within the published Delegation of Authority
• Ability to manage own priorities and targets with little supervision.
• This role primarily impacts on the Supply Chain facing roles by providing benchmark price data and negotiation suggestions.
• Engage with the external Supply Chain, often at quite a senior level within their respective organisations.
• Internal reporting will be to the Cost Engineering Manager who will also provide training and mentoring
• Primary Internal interface will be Procurement Organisation e.g. Commodity Manager
• Secondary Internal Interface will be Technology Team e.g Design Leads
• External Interfaces will be Suppliers and Technology Providers, often at a senior level
• The ability to provide robust and imaginative technical solutions to drive down costs in manufactured products
• Willing and able to identify and support change and continuous improvement in own and wider business environments.
• Adhere to any health, safety and environmental policies and procedures to ensure the safety and wellbeing of self, staff and visitors

Join us for a great career and competitive compensation & benefits whilst keeping the world a safer place.