Senior Engineer_Cost Engineering

Honda India Power Products Ltd; Malaysia; On-site; MYR 60,000 - 90,000; Full time

Job summary

Honda India Power Products Ltd in Malaysia is seeking a Procurement Engineer to review supplier quotations, perform cost analysis, and lead cost-down initiatives for new model development and mass production parts. You will support management with decision-ready data and collaborate on supplier selection and cost strategies.

The role involves preparing supplier agreements, managing onboarding, and updating cost plans in line with exchange rate movements and material trends, while ensuring

Responsibilities

• Review supplier quotations and cost analysis before proposing to management.
• Negotiate with suppliers to drive cost reductions.
• Propose maker layout during evaluation based on QCDD judgement.
• Prepare cost analyses and value engineering for new model development and mass production parts.
• Prepare agreements for new suppliers: Confidential, Anti-Corruption, Purchase, Quality, Supplemental.
• Source new suppliers for localization activities and manage supplier relationships.

Education

Bachelor's degree in Mechanical Engineering

Job description

Responsibilities

• Review Supplier quotation and cost analysis before proposing to management.
• Performed yearly cost down with negotiation with suppliers.
• Propose Maker layout during evaluation based on QCDD judgement.
• Performed Audit (QAV1) at supplier premises.
• Issued ePR.
• Prepare cost analysis and VAVE for new model development and mass production part.
• Prepared Agreement for new supplier:
  • Confidential Agreement
  • Anti-Corruption Agreement
  • Purchase Agreement
  • Quality Agreement
  • Supplemental Agreement
• Issued Honda Drawing to supplier for request quotation and propose maker layout.
• Purchasing Strategy Creation
• Supplier Management including maker part and supplier strategy for BSH model.
• Request for the quotation for new model and mass production model and do the cost analysis before do the proposal to management.
• Maker Layout proposal including mold maker for plastic injection based on QCDD and propose to management
• Update quarterly revise cost based on exchange rate fluctuation and material trend.
• New Model Development Support and control target cost
• To prepare the value analysis and value engineering for part improvement
• Collaborate with duty section for the ILP application and excise duty exemption
• Propose maker layout for new model based on drawing and purchasing policy under consideration on target cost.
• Propose CR idea such as localization activity, 3C, rebate, and VAVE for NM/MP model.
• Cost analysis for New Model Parts.
• Negotiate with suppliers in-order to fix reasonable part cost.
• To provide data on section issue about the action plan and progress status by daily, weekly, and monthly.
• To propose the material rate for management approval
• To propose the exchange rate for management approval
• Project involvement - NHC & I-Act
• Create part strategy and synchronize with global direction.
• Propose countermeasure for material CR with collaboration ASH.
• To source new suppliers for localization activities
• Perform quality audit visit (QAV1) for potential new supplier.
• All documents must prepare following ISO requirement.
• Any others task that is assigned by superior from time to time.

Education

Bachelors in Mechanical Engineering or Other