Manufacturing Cost Modeling Engineer

Agilent Technologies LDA Malaysia Sdn. Bhd.; Penang; On-site; MYR 60,000 - 100,000; Full time

Benefits offered by this job

Medical benefits

Education support

Dental

Sports (Gym)

Parking

Vision

Executive health screening

Marriage & New Born Gift

Job summary

Agilent Technologies LDA Malaysia Sdn. Bhd. is seeking a Cost Modeling Engineer to join the Predictive Cost Modeling team under Agilent One Procurement.

The role focuses on developing cost models, simulating should-cost for manufactured parts, and performing supply-market intelligence analytics to enable strategic cost management. Responsibilities include cost analysis, tool development for cost modeling, market data research, and collaboration with Category Management, R&D, Manufacturing and

Qualifications

• Bachelor's Degree or above in Engineering.
• 4+ years of relevant experience in Manufacturing/Costing/Procurement or related fields.
• Experience in CAD software.
• Effective MS Office skills (Excel, PowerPoint, Word).
• Statistical, Data analytics and Digitalization skills are a plus.

Responsibilities

• Simulate should-cost of manufactured parts/assemblies to enable cost savings and sourcing strategies.
• Apply cost analysis to identify gaps and opportunities and propose cost-optimization solutions.
• Develop and deploy cost modeling tools on manufacturing processes for various categories/commodities.
• Conduct supply-market data research to provide market intelligence to support procurement strategies and competitive advantage.
• Harness market intelligence and cost data to run analytics on price trends and cost impact for proactive planning.
• Collaborate with Category Management in negotiations and strategies, and with R&D/Manufacturing/Suppliers in VAVE/NPI/DFX for design and process cost optimization.

Skills

Data analytics

Education

Bachelor's degree in Engineering

Tools

CAD software

MS Office

Job description

Agilent Technologies LDA Malaysia Sdn. Bhd. 4.2 View all jobs

Cost modeling engineer is part of Predictive Cost Modeling team, under Agilent One Procurement Organization. Primary functions are to develop cost models & simulate manufacturing should-cost and perform supply-market intelligence analytics, to provide value-add solutions in strategic cost management.

Responsibilities:

• Simulate should-cost of manufactured parts/assemblies to enable cost savings/optimization initiatives and sourcing strategies.
• Apply cost analysis to identify gaps/opportunities and propose solutions to drive cost negotiation & cost optimization.
• Develop and deploy cost modeling tools on manufacturing process for a range of categories/commodities.
• Conduct supply-market data research to provide market intelligence/insights to support Procurement strategies & competitive advantage.
• Harness supply-market intelligence and cost data to run analytics on price trend & cost impact, generating actionable insights for proactive actions/forward-looking strategic planning.
• Collaborate with Category Management in tactical negotiations & strategies, and with R&D/Manufacturing/Suppliers in VAVE/NPI/DFX in design & process cost optimization.
• Categories/Commodities in-scope: Machined components, Sheet metal, Plastic molding, Flow components, Optical parts, Laboratory Glassware and Consumables.

Job Description

Cost modeling engineer is part of Predictive Cost Modeling team, under Agilent One Procurement Organization. Primary functions are to develop cost models & simulate manufacturing should-cost and perform supply-market intelligence analytics, to provide value-add solutions in strategic cost management.

Qualifications

• Bachelors Degree or above in Engineering or equivalent.
• Minimum 4+ years of relevant experience in one or more of the following fields - Manufacturing engineer, Costing engineer, Procurement/Material engineer, Supplier development engineer, Design engineer, Supply-market/Business intelligence analyst.
• Technical background/expertise in manufacturing process & technology and good understanding on the cost profile/structure in at least one or more of the categories/commodities: Machined components, Sheet metal, Plastic molding, Flow components, Optical parts, Laboratory Glassware and Consumables.
• Experience in CAD software.
• Effective MS Office skills (Excel, PowerPoint, Word).
• Statistical, Data analytics and Digitalization skills are a plus.

Additional Details

This job has a full time weekly schedule.Our pay ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. During the hiring process, a recruiter can share more about the specific pay range for a preferred location. Pay and benefit information by country are available at: https://careers.agilent.com/locationsAgilent Technologies Inc. is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other protected categories under all applicable laws.Travel Required:
OccasionalShift:
DayDuration:
No End DateJob Function:
Manufacturing

Perks and benefits Medical Education support Dental Sports (e.g. Gym) Parking Vision Executive Health Screening, Marriage & New Born Gi