Qualifications:
•Bachelors degree in engineering. Industrial Engineering, or Diploma with minimum 3 years of relevant experience.
•Prior experience in cost estimation, preferably in plastic component manufacturing or assembly parts production.
•Proficiency in cost modeling tools and software.
•Strong analytical skills and attention to detail.
•Excellent communication and negotiation skills.
•Ability to work collaboratively in cross-functional teams.
•Familiarity with manufacturing processes and supply chain management principles.
•Knowledge of regulatory requirements and industry standards related to plastic components and assembly parts.
•Basic knowledge in ISO standards.
Key Responsibilities:
1 .Cost Estimation: Conduct detailed cost estimation for plastic components and assembly parts used in box build projects. 2.Material Analysis: Analyze the cost of raw materials required for plastic components and assembly parts. considering factors such as material type, grade, and quantity.
3.Supplier Quotations: Collaborate with suppliers to obtain accurate quotations for materials and components, negotiating favorable terms to optimize project costs.
4.Manufacturing Process Evaluation: Evaluate manufacturing processes for plastic components and assembly parts to identify opportunities for cost optimization and efficiency improvement.
5.Labor Cost Assessment: Assess labor costs associated with the production of plastic components and assembly parts. considering factors such as production time. skill level, and overhead expenses.
6.Tooling and Equipment Cost Analysis: Analyze the cost of tooling and equipment required for manufacturing plastic components and assembly parts. ensuring alignment with project budget constraints.
7.Cost Modeling: Develop cost models and scenarios to forecast project expenses accurately, considering various factors such as volume production. material price fluctuations. and overhead costs.
8.Vatue Engineering: Collaborate with cross-functional teams to identify value engineering opportunities. aiming to reduce costs without compromising product quality or performance.
9.Cost Tracking and Reporting: Implement systems to track project costs throughout the product development lifecycle, providing regular reports and updates to stakeholders on cost status and variances.
10.Continuous Improvement: Stay updated on industry trends, best practices, and technological advancements related to plastic component manufacturing and cost estimation, recommending continuous improvement initiatives to enhance efficiency and competitiveness.
