Strategic Planning - Cost Management Specialist

Key Responsibilities

1. Costing & Estimation

• Develop and maintain should-cost models for products, assemblies, and systems (e.g., chillers, fan walls, skids).


• Lead project cost estimation during bidding and execution phases.


• Validate BOMs, routings, and manufacturing assumptions for accuracy.


• Partner with engineering to ensure design-to-cost alignment.

2. Supplier & Procurement Costing

• Analyze supplier quotes and build clean-sheet cost models.


• Support procurement in negotiations with fact-based costing.


• Track commodity trends (copper, aluminum, steel, etc.).

3. Cost Optimization / Value Engineering

• Identify and drive cost reduction initiatives (material, design, process).


• Conduct value engineering (VE) / value analysis (VA) workshops.


• Benchmark internal costs vs market and global standards.


• Challenge over-engineering and push standardization/modularization.

4. Support Finance in Margin Control

• Monitor product / project margins vs target.


• Conduct variance analysis (standard vs actual cost).


• Support pricing decisions with cost transparency.


• Build dashboards for cost visibility across business units.