Cost Down Engineer

Syarikat : Amphenol Tcs (malaysia) Sdn Bhd

Jenis Pekerjaan : Sepenuh Masa

Perai, Pulau Pinang

Bilangan Pemohon

000+

Mohon Sekarang

Penerangan Pekerjaan - Cost Down Engineer

This job is for a Cost Down Engineer who identifies ways to cut production costs while maintaining quality. You might like this job because it involves analyzing processes, materials, and designs to enhance efficiency and save money.

Full-Time

few hours ago

Job Description

Job Summary: We are seeking a detail-oriented and analytical Cost Down Engineer to join our dynamic team. The Cost Down Engineer will be responsible for identifying and implementing cost-saving initiatives without compromising product quality and performance. This role involves working closely with cross-functional teams to analyze manufacturing processes, materials, and product designs to reduce costs and improve efficiency.

Key Responsibilities:

Cost Reduction Initiatives: Identify opportunities for cost reduction through analysis of production processes, materials, and product designs.

Process Improvement: Develop and implement process improvements to enhance efficiency, reduce waste, and lower production costs.
Product Design Optimization: Work with the design and engineering teams to recommend changes in product designs that can achieve cost savings.
Supplier Management: Collaborate with the procurement team to identify cost-effective suppliers and negotiate better terms and prices for materials and components.
Value Engineering: Conduct value engineering analyses to ensure that products are manufactured at the lowest possible cost while maintaining quality and functionality.
Data Analysis: Utilize data-driven approaches to evaluate cost performance and track the effectiveness of cost-saving initiatives.
Benchmarking: Perform benchmarking studies to compare costs with industry standards and identify best practices.
Reporting: Prepare detailed reports and presentations on cost-saving initiatives, their impact, and progress toward cost reduction goals.
Cross-Functional Collaboration: Work closely with other departments such as R&D, Quality, Production, and Finance to ensure alignment and support for cost reduction strategies.
Compliance and Standards: Ensure that all cost reduction activities comply with company policies, industry standards, and regulatory requirements.

Job Requirements

Qualifications:

Bachelor’s degree in Engineering, Industrial Engineering, Manufacturing Engineering, or a related field.
years of experience in cost reduction, process improvement, or a related engineering role.
Strong analytical skills with the ability to identify cost-saving opportunities.
Proficiency in cost analysis tools and methodologies.
Excellent problem-solving abilities and attention to detail.
Strong project management skills and the ability to manage multiple initiatives simultaneously.
Effective communication and interpersonal skills for collaborating with cross-functional teams.
Knowledge of Lean Manufacturing, Six Sigma, or other process improvement methodologies is a plus.
Experience with CAD software and product design tools is advantageous.
Familiarity with manufacturing processes and supply chain management.