Procurement Cost Engineer

Valmet; Maharashtra; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Valmet is seeking a Procurement Cost Engineer for GS Procurement based in Pune, India. The role develops analytical cost models to determine true costs across materials, labor, overhead and processes, supporting strategic sourcing and cost reduction initiatives.

You will collaborate with engineering, procurement, manufacturing and finance teams to drive value. Ideal candidates have a degree in engineering or related field and 3–8 years of supply chain experience, with proficiency in cost

Qualifications

• Understanding of category management, sourcing and operational procurement.
• Strong understanding of manufacturing processes (machining, casting, molding, fabrication, assembly).
• Ability to interpret engineering drawings, BOMs, and technical specifications.
• Strong analytical and negotiation-support skills.
• Ability to manage multiple priorities and meet deadlines.
• Clear and professional communication with stakeholders.
• Detail-oriented with the ability to work in a fast-paced, matrix organization.

Responsibilities

• Break down supplier quotes into materials, labor, overheads, tooling, logistics, energy, and margin.
• Develop should-cost models for key categories.
• Provide cost insights to support negotiations and design-to-value initiatives.
• Publish monthly dashboards for cost performance, model coverage, and market cost trends.
• Collaborate with engineering, procurement, manufacturing and finance teams.

Skills

Category management

Sourcing

Procurement operations

Manufacturing processes

Engineering drawings

Cost modeling

Negotiation support

Time management

Stakeholder communication

Attention to detail

Education

Engineering/Business/Supply Chain degree

Tools

Excel

ERP/MRP systems

Job description

Procurement Cost Engineer for GS Procurement (based in Pune India)

Are you the enthusiastic, self-driven and result-oriented professional who wants to move our customers’ performance forward?

We are looking for Procurement Cost Engineer for GS Procurement to be based in Pune, India. This position reports to “Director, Procurement Excellence”.

Purpose Of The Position

Develops analytical cost models to determine the true or expected cost of products, components, and services. This role supports strategic sourcing, supplier negotiations, product design optimization, and cost reduction initiatives by providing fact-based cost insights across materials, labor, overhead, and processes.

Key Responsibilities

• Support with cost breakdown analysis
• Develop detailed should-cost models for key categories.
• Decompose supplier quotes into materials, labor, overheads, tooling/amortization, logistics, energy, and margin; benchmark vs. internal models and market indices.
• Provide fact-based negotiation packs for category managers and buyers: target prices, walk‑away points, and lever analysis.
• Participate in design to value initiatives to influence specifications, tolerances, materials, and manufacturing routes to reduce cost.
• Perform cost breakdown analysis and supplier cost transparency reviews
• Validate supplier cost structures to identify improvements and productivity roadmaps.
• Track commodity indices, FX, energy, labor rates, logistics, and regulatory impacts.
• Publish monthly dashboards for cost performance, model coverage, and market cost trends.
• Collaborate with engineering, procurement, manufacturing, and finance teams.

Requirements For The Position

Knowledge and skills:

• Understanding of category management, sourcing and operational procurement.
• Strong understanding of manufacturing processes (machining, casting, molding, fabrication, assembly, etc.)
• Ability to interpret engineering drawings, BOMs, and technical specifications
• Strong analytical and negotiation-support skills
• Ability to manage multiple priorities and meet deadlines.
• Clear and professional communication with stakeholders.
• Detail-oriented with the ability to work in a fast-paced, matrix organization.

Behaviours

• Strong analytical, organizing and time-management skills.
• Approaches problems with a data-driven mindset.
• Supportive, open-minded and detail-oriented.
• Collaborative with stakeholders to understand purchasing needs and ensure alignment with business goals.

Experience & Education

• Degree in Engineering, Business Administration or Supply Chain, or similar competence acquired during career.
• 3-8 years of experience in supply chain management, preferably cost engineering.
• Experience with cost modeling tools, Excel, and ERP/MRP systems

We Offer

A rewarding position in a global industry leader in pulp, paper and energy industries with the possibilities to grow professionally.

Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. We aim to become the global champion in serving our customers.

The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. Valmet’s net sales in 2023 were approximately EUR 5.1 billion. Valmet’s shares are listed on the Nasdaq Helsinki and the head office is in Espoo, Finland.

At Valmet, we enhance circularity and environmental efficiency and reduce CO2 emissions through the entire value chain. Valmet aims to enable fully carbon neutral production for its customers by 2030. Join the team! www.valmet.com/careers