Sr. Procurement Cost Engineer
Core
Develops precise cost estimates, models, and forecasts for components and finished goods to support profitability and strategic planning.
Role type
Senior Procurement Cost Engineer
Builds
Cost models, estimates, and financial reports for manufacturing components and finished goods
Domain
Manufacturing cost engineering and procurement
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Bottom-up should-cost modeling, tooling and investment estimation, design-to-cost advisory, supplier quote gap analysis, manufacturing feasibility evaluation, competitive benchmarking, supplier negotiation support, make-vs-buy analysis, market trend monitoring
Preferred skills
CAD data analysis, teardown analysis, alternative process comparison
Technologies
Microsoft Office (Excel, Word, PowerPoint, Outlook)
Responsibilities
Develop comprehensive project budgets and advanced cost models aligned with technical specifications; Monitor and analyze actual project expenditures versus approved budgets; Lead project cost forecasting and conduct cost-benefit analyses; Identify and evaluate major cost risks and develop mitigation strategies; Lead the analysis and negotiation of supplier contracts and change orders; Prepare advanced cost performance reports for senior leadership
Seniority
Senior, hands-on IC