Cost Engineer

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

Qualifications :

• 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 (1020% 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

Additional Information :

Join us and well help build your career with excellent training and opportunities for career growth across the business both locally and globally. Youll experience an inclusive environment with strong leadership and a focus on safety and wellbeing. Youll also have the flexibility to choose from a wide range of benefits to suit your lifestyle offering you and your family support from a health and wellbeing financial and lifestyle perspective.

Join us and work for a worldleader with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place.

We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of race colour religion sex sexual orientation gender identity national origin economic status disability age or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics where we celebrate support and embrace diversity.

At no time during the hiring process will Smiths Group nor any of our recruitment partners ever request payment to enable participation including but not limited to interviews or testing. Avoid fraudulent requests by applying jobs directly through our careers website (Careers Smiths Group plc)