Procurement Cost Engineer
Core
Develop should-cost models and analyze cost data to support strategic procurement decisions, cost reduction, and supplier negotiations for goods and services.
Role type
Procurement Cost Engineer
Builds
Should-cost models, cost estimates, and financial reports for component, assembly, and system levels
Domain
Manufacturing / Supply Chain / Cost Engineering
Deliverable
production ML models | product features | dashboards & analysis | client delivery | infrastructure | physical/clinical work
Required skills
Cost modeling, data analysis, supplier quote comparison, value engineering, cost driver identification, data management, software tool configuration
Preferred skills
SQL, Python, R, Power BI, Tableau, Excel, JDE, Enovia
Technologies
CAP, Facton EPC, SQL, Python, R, Power BI, Tableau, Excel, JDE, Enovia
Responsibilities
Gather and analyze cost-related data from various sources to support cost model development; Build and maintain detailed (should) cost models including cost drivers; Compare should-cost estimates with supplier quotes and market prices; Provide detailed cost analysis to support procurement negotiations; Contribute to the refinement of cost modeling processes and tools; Add value to Value Engineering and DFX projects by providing should cost estimations
Seniority
Mid-level, hands-on IC