Manager Procurement Cost Engineering

Leggett & Platt; Chennai District; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

Leggett & Platt Incorporated is seeking a Manager Procurement Cost Engineering to lead our global Procurement Cost Engineering team and support sourcing decisions and cost reduction initiatives within our Automotive business.

The role will partner with Category Management and Regional Procurement to drive cost modeling, cost analyses, and supplier negotiations, and will deploy new cost estimating software to standardize processes across regions and categories.

Qualifications

• 7-10+ years of experience in cost engineering, product costing, procurement, sourcing, or manufacturing.
• Experience developing should-cost models and supporting sourcing decisions and supplier negotiations.
• Experience with should-cost modelling and cost estimating tools and leading cross-functional projects.
• Prior team leadership experience.

Responsibilities

• Lead the Procurement Cost Engineering Team by managing, coaching, and developing team members while setting priorities and performance expectations.
• Partner with Category Management and Regional Procurement to align cost engineering activities with category strategies, sourcing projects, and business priorities.
• Deploy new cost estimating software and develop supporting processes to ensure effective integration into the business. Establish costing standards and best practices to ensure consistent and accurate cost modeling across regions and categories.
• Oversee cost modeling and analysis for materials, components, assemblies, and finished products using should-cost methodologies and cost estimating tools.
• Support Category Management and Regional Procurement with cost analyses, supplier cost assessments, and recommendations that enable effective sourcing decisions, supplier negotiations, RFQs, and contract negotiations.
• Support Category Management/Regional Procurement requests by identifying cost reduction opportunities through VA/VE, process improvements, material substitutions, and localization initiatives in collaboration with Engineering.
• Review supplier pricing and market trends upon request from Category Management & Regional Procurement by validating supplier quotations, analyzing cost variances, and monitoring commodity and manufacturing cost drivers.
• Provide reporting and business insights through cost analyses, benchmarks, savings tracking, and market intelligence to support decision-making and procurement performance.

Skills

Cost engineering

Leadership

Cost estimation

Should-cost modelling

Sourcing negotiations

Cross-functional collaboration

Tools

Cost estimating software

Job description

We, at Leggett & Platt Incorporated, are searching for a Manager Procurement Cost Engineering within our Procurementteam to help support our Automotivebusiness. Did you know we are the world’s leading designer and manufacturer of seating support and comfort systems for transportation manufacturers, as well as tier one and two suppliers within the automotive industry? That’s right! Our automotive products fall into four primary groups: Seating and Lumbar support, Motors, Actuators and Massage Systems. If you join our team, your work will ensure people across the world have a little more comfort in their lives.

As a Manager Procurement Cost Engineering you will have the opportunity to lead the global Procurement Cost Engineering team and partners closely with Category Management and Regional Procurement to support sourcing decisions, supplier negotiations, and cost reduction initiatives. The team you will be working with is collaborative and innovative

Responsibilities:

• 1.Lead the Procurement Cost Engineering Team by managing, coaching, and developing team members while setting priorities and performance expectations.
• 2.Partner with Category Management and Regional Procurement to align cost engineering activities with category strategies, sourcing projects, and business priorities.
• 3.Deploy new cost estimating software and develop supporting processes to ensure effective integration into the business. Establish costing standards and best practices to ensure consistent and accurate cost modeling across regions and categories.
• 4.Oversee cost modeling and analysis for materials, components, assemblies, and finished products using should-cost methodologies and cost estimating tools.
• 5.Support Category Management and Regional Procurement with cost analyses, supplier cost assessments, and recommendations that enable effective sourcing decisions, supplier negotiations, RFQs, and contract negotiations.
• 6.Support Category Management/Regional Procurement requests by identifying cost reduction opportunities through VA/VE, process improvements, material substitutions, and localization initiatives in collaboration with Engineering.
• 7.Review supplier pricing and market trends upon request from Category Management & Regional Procurement by validating supplier quotations, analyzing cost variances, and monitoring commodity and manufacturing cost drivers.
• 8.Provide reporting and business insights through cost analyses, benchmarks, savings tracking, and market intelligence to support decision-making and procurement performance.

Experience:

• 1. 7-10+ years of experience in cost engineering, product costing, procurement, sourcing, or manufacturing.
• 2. Experience developing should-cost models and supporting sourcing decisions and supplier negotiations.
• 3. Experience with should-cost modelling and cost estimating tools and leading cross-functional projects.
• 4. Prior team leadership experience.

Our Values

Our values speak to our shared beliefs, and describe how we approach working together.

• Put People First reflects our commitment to safety and care of each other, learning and development, and creating an inclusive environment of mutual respect, empathy and belonging.
• Do the Right Thing focuses us on acting with honesty and integrity, delivering the results the right way, taking pride in our work, and speaking the truth – good or bad.
• Do Great Work…Together occurs when we engage without hierarchy, collaborate as a team, embrace challenges, and work for the good of all of us.
• Take Ownership and Raise the Bar demonstrates our responsibility to add value and make a difference, challenge the status quo and biases to make things better, foster innovative and creative solutions to drive impact, and explore new perspectives and embrace change.

Our Commitment to You

We're actively taking steps to make sure our culture is inclusive and that our processes and practices promote equity for all. Leggett & Platt is comprised of people of all abilities, gender identities and expressions, ages, ethnicities, sexual orientations, veteran status, and more. Join us!

We welcome and encourage applications if you meet the minimum qualifications. Even if you do not meet the preferred qualifications, we’d love the opportunity to consider you.

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Applicants in the United States:

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