Strategic Should-Cost Modeling Engineer

Agilent Technologies; Penang; On-site; MYR 120,000 - 180,000; Full time

Job summary

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 include simulating should-cost to enable cost savings and sourcing strategies; applying cost analysis to identify gaps and drive cost optimization; developing tools for

Qualifications

• Bachelor's degree or above in Engineering or equivalent.
• Minimum 4+ years of relevant experience in manufacturing cost/engineering roles.
• Technical background in manufacturing processes and cost profiling for specified categories.

Responsibilities

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

Skills

Cost analysis

Data analytics

Manufacturing process understanding

Education

Bachelor's degree in Engineering

Tools

CAD software

Excel

PowerPoint

Word

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.

Responsibilities include simulating should-cost to enable cost savings and sourcing strategies; applying cost analysis to identify gaps and drive cost optimization; developing tools for