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.