Job Title

Sourcing and Costing Engineer (Electrical Components)Experience: 5-12 yrsJob Location: Saudi ArabiaEducational Qualification: B.E. / B. Tech (Mechanical / Industrial / Production/ Automotive)Skills:Specialist in Zero Based Costing for Automotive Lighting, Display & Infotainment Parts, PCBA, Bare PCB, HV/LV harness, Motor, Electrical Vehicle PartsNeed to make Electrical and Electronics part cost estimation based on specificationCost optimization ideas must generate based on market reference and competitive parts.Knowledge of costing software like TcPCM.Pricing structure, BOM estimation, building supplier relationship.Developing sourcing strategy to meet customer’s requirement.Implementing various cost calculation techniques e.g. Zero-base costing, activity base costing, directional costing etc. to estimate & budget component prices.Should have knowledge of import & export incotermsCalculating & analyzing landed cost to various global zonesMonitor the readiness of parts and materials, ensuring they meet the required specifications and quality standards.Coordinate the logistics and dispatch of parts, ensuring timely delivery to the manufacturing units or job sites.Manage any issues related to part readiness or dispatch, resolving them promptly to avoid delays in the production process.Track and evaluate supplier performance based on key metrics such as quality, delivery time, and cost.Conduct regular performance reviews with suppliers and implement improvement plans where necessary.Identify shortcomings in supplier manufacturing processes and total value chains. Suggest and negotiate appropriate improvements with the purpose of increasing the overall cost-effectiveness.Analyse and evaluate proposed (by suppliers) costs for technical changes, claims related to volume, raw material, etc., and challenge the organization based on the results.