Costing Engineer

Department Icon Operations Maintenance & Support
Posted: 1 year ago
5-10 years
Hosur
Operations Maintenance & Support
work from office
Full Time

Posted: 1 year ago
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Job Description

Role & responsibilities


  • Understand and participate in negotiations with customers.
  • Challenge the costing and pricing of components; process data like cycle time, efficiency, scrap, etc.
  • Prepare activity-based costing.
  • Interact with marketing and customers.
  • Maintain and review the RFQ tracker.
  • Handle customer RFQs from receipt to commercial settlement.
  • Perform product/services costing and pricing.
  • Validate material/tool costs with reference to product drawings and challenge discrepancies.
  • Validate VA/VE savings.
  • Validate savings through alternate sources/negotiation by application.
  • Evaluate Capex proposals.
  • Validate capacity utilization, cycle time, and labor time.
  • Interact closely with marketing, purchase, production, and engineering to gather inputs and perform validations.

Skills

NegotiationProfit MaximizationCost ReductionPricing StrategyCosting And BudgetingCostBudgetingProfit

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About Company

India Nippon Electricals Limited was incorporated in 1984 and converted into a joint venture in 1986 between Lucas Indian Service Limited, a wholly-owned subsidiary of Lucas-TVS Limited and MAHLE Electric Drives Japan Corporation, Japan – a company of MAHLE Group, Germany, to manufacture Electronic Ignition Systems for two-wheelers, three wheelers and portable engines. Over the years the company has enlarged its customer base and now supplies to most of the manufacturers of two-wheelers, three wheelers and gensets. Company’s net sales for the year ended March, 2015 was Rs.3274 Million (USD 50 Million). India Nippon Electricals Limited makes the entire range of 2/3 wheelers, digital and analog ignition products.
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