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Sr. Procurement Cost Engineer

Sensata Technologies, Inc. -
Aguascalientes, Ags.

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Información del empleo

Tiempo completo

Cualificaciones

Microsoft Powerpoint
Microsoft Word
Microsoft Excel
Microsoft Outlook
Administración de personal
Dibujo técnico
Tooling
CAD
Microsoft Office
Estimación y pronóstico
Compras
Negociación
Administración del tiempo

Descripción completa del empleo

A Cost Engineer oversees creation of Cost Models and Estimates for components and finished goods, preparing cost estimates, and managing recommendations to support profitability. They assess risks, track market fluctuations and generate detailed financial reports.

General Responsibilities

Development of comprehensive project budgets and advanced cost models, ensuring accuracy and alignment with complex technical drawings and specifications.
Handles the review of drawings and specifications, and provide expert guidance in the preparation of high-level cost estimates and strategic bid packages.
Establish, track, and ongoing maintenance of project budgets and forecasts, ensuring robust financial controls across multiple projects.
Monitor and analyze actual project expenditures versus approved budgets, identify significant variances, and implement corrective strategies to optimize financial performance.
Lead project cost forecasting and conduct in-depth cost-benefit analyses to inform executive decision-making and strategic planning.
Handles the preparation of advanced cost performance reports and present key financial insights to project managers and senior leadership.
Identify and evaluate major cost risks, manage substantial contingency funds, and develop and implement sophisticated risk mitigation strategies.
Lead the analysis and negotiation of supplier contracts, high-value quotes, and complex change orders to ensure cost efficiency and compliance.
Handles the maintenance of comprehensive project documentation, cost databases, and historical data, ensuring data integrity and accessibility for future projects.
Develops high-level communication with project teams and stakeholders to resolve complex budget discrepancies and ensure strict adherence to organizational standards and best practices.

Experience / Qualifications

Relevant work experience or knowledge of the role
Must be a team player able to work in a fast-paced environment with demonstrated ability to handle multiple competing tasks and demands
Strong communication skills; oral, written and presentation
Strong organization, planning and time management skills to achieve results
Strong personal and professional ethical values and integrity
Holds self-accountable to achieving goals and standards
Proficient in Microsoft Office programs (Outlook, Word, PowerPoint, and Excel)
Strong interpersonal & collaboration skills to work effectively with all levels of the organization including suppliers and/or external customers

Procurement Cost Engineer specifics:

Detailed Bottom-Up Should-Cost Modeling: Develop precise cost estimates by breaking down components into raw materials, labor, machine cycle times, and overhead.
Develop new cost models for new products and processes
Tooling & Investment Estimation: Calculate the cost of specific production assets, such as injection molds, stamping dies, or assembly fixtures.
Design-to-Cost (DTC) Advisory: Partner with design engineers during the early concept phase to evaluate how geometry or material changes affect the piece price.
Supplier Quote Gap Analysis: Critically review supplier "Quotation Analysis" (QA) forms to identify discrepancies between the supplier's price and the engineered should-cost.
Manufacturing Feasibility Evaluation: Analyze CAD data and engineering drawings to ensure a part can be made efficiently using the proposed manufacturing process.
Competitive Benchmarking: Perform teardown and cost analysis of competitor components to establish industry benchmarks for new designs.
Supplier Negotiation Support: Act as a technical expert for the purchasing department during negotiations, providing data-backed evidence to justify cost targets.
Alternative Process Comparison: Evaluate the cost trade-offs of different production methods, such as casting vs. machining or plastic injection vs. stamping.
Make-vs-Buy Analysis: Compare the cost of internal manufacturing against external supplier quotes to support sourcing strategy decisions.
Market Trend & Index Monitoring: Track fluctuating costs of raw materials (e.g., steel, aluminum, resin) and labor rates across different regions to keep cost models current.

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Collaborating at Sensata means working with some of the world’s most talented people in an enriching environment that is constantly pushing towards the next best thing
Employees work across functions, countries and cultures gaining new perspectives through mutual respect and open communication
As OneSensata, we are working together to make things work together

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NOTE: If you are a current Sensata employee (or one of our Affiliates), please back out of this application and log into Workday via the Company Intranet to apply directly. Type "FIND JOBS" in the Workday search bar.

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Quiero recibir la alerta de empleo más reciente para planning team en aguascalientes, agu

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