Should cost engineer Associate

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

The key responsibilities of this position are:

• Analyzing elements of supplier cost structure including Material cost, process costs, direct labor, bill of materials, overhead, SG&A, Profit.

• Ability to perform should costing for parts/products for various categories under guidance.

• Supporting global category and commodity managers in deriving negotiation strategies & actual price negotiations

• Costing Systems & global database maintenance: Time to time updating of process parameters such as Raw                material prices, Machine hour rates, Labor rates, Cost Trends, Freight & Taxes

• Uses best industry techniques and practices to establish fact based pricing positions, best value determinations and economic sourcing strategies under guidance.

• Actively support New product program via providing should cost information for meeting target cost & monitoring the commercial gap closure with buyers.

• Developing high level estimates for tooling and negotiation with tooling vendor.

• Support in VAVE, teardown and benchmarking projects using directional and other costing methodologies.

• Areas of expertise include understanding of design & drawings, GD&T & sound understanding of various manufacturing processes in casting, machining, fabrication & polymerics categories.

• Plan and facilitate design reviews and workshop; working within cross-functional teams.

• Complete project assignments per established schedules.

• Pro-E/Creo knowledge a plus

Important Stakeholders/Key Interactions

•    Global Commodity Managers

•    New Product development/ R&D Leaders

•    Global Suppliers .

Part 2. Describe the Person

Minimum professional and educational background desired (include years of experience).

• 4-Year bachelor’s degree preferably in Mechanical Engineering/Production Engineering

• Freshers to 3 years’ experience in supply chain, Manufacturing Process Plan and Execution methodologies in casting or Fabrication or Polymerics commodity

OR

• 4-Year bachelor’s degree in Mechanical Engineering/Production Engineering

• 2-Year Master Degree in Mechanical engineering/Production Engineering

• Freshers to 1 year experience in supply chain, Manufacturing Process Plan and Execution methodologies in casting or Fabrication or Polymerics commodity

• Key technical skills and knowledge.

 

•     Knowledge of various manufacturing processes in casting, machining, fabrication & polymerics categories.

•     Ability to identify material used, manufacturing process, etc.

•     Costing analysis or design-to-cost experience a plus

•     Problem-solving and data analytical skills.

•     Cost Gap Analysis (Supplier quote vs should cost) and capable of handling supplier negotiations under guidance.

•     Knowledge of international & industry standards a plus.

•     Proficiency in Creo a plus

•     Project / Program Management skills

•     Costing analysis or design-to-cost experience a plus

•     Interpersonal and communication skills with the ability to effectively manage tasks/priorities.

•     Effective communication in English is must.

•     Microsoft office package – Excel and PowerPoint. – Experienced user.

Include the competencies identified for the position that differentiate superior performance.

• Well organized, goal oriented & self-motivated

• Excellent interpersonal skills

Job fit highlight:

Physical Demands

•            Office environment

•            Teardown the product and moving small part/equipment

Work Environment

•            Standard weekly job hours: 40 hours

•            Opportunity to work with international people.

•            Capable of working with cross functional teams

•            Adaptability to work with different work culture, time zones

•            Opportunity to be a part of a new team and building up the function

Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.