Set new product costs by compiling & obtaining itemized materials and price lists from blueprints and specifications. Candidate will participate in cost reduction activities and attend VA/VE meetings. Analyze and explain variances between planned and actual costs. Include impact on mid range and long range operating plans. Consult with Design and Production Engineering on cost problems.
Duties:
1. Strategy implementation and goal setting:
• Implement and execute plans and activities to ensure that department strategies and goals are met.
• Assist in creating the procedures of the Cost Planning Department.
2. Perform cost planning activities:
• Compile/obtain itemized materials and price lists from blueprints and specifications
• Participate in cost reduction activities and attend VA/VE meetings
• Acquire data and track sales price and material cost changes during pre-production stages
• Set new product costs
• Analyze and explain variances between planned and actual costs
• Include impact on mid range and long range operating plans
• Maintain cost database for pre-production and start of production components / parts as needed
• Lead cost reduction activity meetings for all internal departments
• Generate VA/VE items
• Perform Genba (Go and See) activity to find the root cause of issues.
3. Coordinate with internal departments for estimating cost targets:
• Compute cost estimates of
- Raw materials
- Purchased equipment
- Processes
- Subcontracted work and labor
- Consult with Design and Production Engineering on cost problems
- Obtain price targets, calculate overall cost target and current cost estimates.
4. Reporting:
• Establish effective systems and procedures to standardize the work of TRAM Cost Planning
• Create & submit weekly activity report to all necessary Management of Cost Planning
• Perform projects and duties as assigned
Requirements