Frencken Mechatronics (M) Sdn Bhd
Bandar Baru Bangi
On-site
MYR 60,000 - 90,000
Full time
20 days ago
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Job summary
A leading company in the high precision Industrial Machinery & Equipment sector is looking for a Cost Engineer. This role involves analyzing costs, communicating with cross-functional teams, and improving manufacturing efficiencies. Candidates should have a Bachelor's degree in Engineering and significant experience in the industry. Strong analytical skills and proficiency with design software like Solid Works and Auto Cad are essential.
Qualifications
- Minimum 3 years' experience in high precision Industrial Machinery & Equipment industry.
- Able to read and interpret engineering drawings.
- Knowledgeable in advanced manufacturing methodologies.
Responsibilities
- Communicate and consolidate customer design and specifications into RFQ packages.
- Investigate cost reduction opportunities through analysis.
- Collaborate with teams to improve costing models and cost negotiations.
Skills
Analytical skills
Communication
Collaboration
Simulation skills
Education
Bachelor Degree in Mechanical or Mechatronic Engineering
Tools
Responsibilities
- Communicate, transferring and consolidating customer’s design, BOM, technical drawings, specifications, and documents into RFQ package for costing purposes.
- Communicating and coordinating with commercial team or customer, technical review team and sourcing team for any discrepancy, missing information and technical issues related to drawings and builds.
- Influences and finetunes designs to reduce manufacturing cost from initial concept and throughout the product lifecycle.
- Understand the manufacturing landscape, capabilities, limitations, technologies available and emerging to produce parts. Have a pulse on how things are made and how they will be made in the future
- Review and evaluate price variance requests from sales or customers.
- Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
- Investigate and identify cost reduction opportunities through cost analysis review.
- Collaborate with cross-functional teams and suppliers to improve system/part cost, costing models, RFQ analysis, and cost negotiations.
- Develop detailed reports on cost/price analysis, including recommending standard cost adjustments.
Requirements
- Minimum Bachelor Degree in Mechanical or Mechatronic or similar Engineering field.
- Minimum 3 years’ experience and practices in high precision Industrial Machinery & Equipment industry.
- Able to read and interpret engineering / manufacturing drawings, knowledge of geometric dimension and tolerance standard.
- Knowledgeable in Solid Works and Auto Cad.
- Knowledge in advance manufacturing methodology like 4/5 axis milling machining, turn-mill/mill-turn machining, welding, additive manufacturing, manufacturing automation / robotization, industrial 4.0, etc.
- Has excellent analytical and simulation skills for product costs calculation.
- Professional communication and convincing skills. Experiences on reporting cost validations, opportunities, and risks.
- Disciplined and positive attitude and ability to work in a team, able to work with cross function team.
- Excellent written and verbal communication skills with good presentation skills
- Ability to work in a team environment, extremely well-organized and able to consistently meet stringent deadlines of multiple RFQs while working with minimal supervision and sometimes minimal information.