System Engineer

SmartRecruiters, Inc.; Wolverton; On-site; GBP 38,000 - 45,000; Full time

Benefits offered by this job

BUPA medical care for you, partner and

Health Cash Plans

Company pension

8% variable bonus

Job summary

Cummins is recruiting a Cost Analyst in Milton Keynes to collect, analyze and present financial data that will influence cost reduction actions.

You will lead cost analysis and optimization projects, identify savings opportunities by reviewing BOMs, suppliers and competitor products, and develop a cost reduction plan with cross-functional teams across sourcing, engineering and product groups.

Qualifications

• College/university degree in a related subject matter.
• Strong commercial acumen and analytical experience in cost control, reporting, supply chain processes, BOM.

Responsibilities

• Perform and manage Cost Analysis and Optimization projects.
• Identify cost reduction opportunities by analyzing BOM, current suppliers and competitor products and present findings to the business leadership team.
• Create and maintain cost reduction plan and reporting for EPBU utilizing a multi-year project roadmap covering new product development and current product.
• Utilize cost reduction tools within EPBU.
• Collaborate with sourcing, engineering and product teams to develop a cost reduction plan for current product and ensure execution of the plan.
• Assess and help optimize an integration plan across a global business the relevant systems, sourcing strategies and cost plans.

Skills

Cost analysis

Cost control

Analytical thinking

BOM analysis

Reporting

Supply chain

Sourcing

Education

Bachelor's degree in related subject

Tools

Cost analysis tools

Software tools

Job description

Cummins is a place big enough to coach and develop a global workforce and create the world’s leading clean, engine technology. We’re also small enough for you to find your fit and personal passion with a team of dependable, innovative thinkers who are developing their careers within a diverse, inclusive, empowering environment.

Learn more about this role and how you can begin Working Right.

Our Electrified Power Business Unit (EPBU) delivers reliable, durable, high performing products to our global partners. Working in an innovative space, you’ll develop high tech solutions that will fuel your advanced career skill set and empower you to own your career. Our integrated businesses demand the talents and creativity of individuals with a wide range of skills and experience.

Cummins Electrified Power are a leading provider of flexible battery solutions for demanding automotive and power applications.

Job Description

This is an exciting opportunity in Milton Keynes for an experience Cost Analyst.

You will be responsible for collecting, analyzing and presenting to the Cost Reduction Director, financial data that will influence process improvement and cost reduction activities.

Your impact will be seen in these and other ways:

Perform and manage Cost Analysis and Optimization projects

Identify cost reduction opportunities by analyzing BOM, current suppliers and competitor products and present findings to the business leadership team.

Create and maintain cost reduction plan and reporting for EPBU utilizing a multi-year project roadmap covering new product development and current product.

Utilize cost reduction tools within EPBU.

Collaborate with sourcing, engineering and product teams to develop a cost reduction plan for current product and ensure execution of the plan.

Assess and help optimize an integration plan across a global business the relevant systems, sourcing strategies and cost plans.

Qualifications

Strong commercial acumen and analytical experience in the following; cost control, reporting, supply chain processes, BOM

Experience with cost analysis tools and software

Previous skills and experience in working in a fast paced engineering or manufacturing environment would be beneficial

Required Education, Licenses or Certification

• College, university or equivalent degree in a related subject matter

Compensation and Benefits

Salary between £38,000 - £45,000 depending on experience

BUPA private medical care for you, partner and children under 21 (taxable benefit)

Access to Health Cash Plans such as dental, optical and physiotherapy

Company pension (matching contributions up to 5%)

8% variable bonus

At Cummins, we are dedicated to diversity in the workplace and we are committed to a policy of treating all our employees and job applicants equally. No employee or potential employee will receive less favourable treatment because of any protected characteristics.