Key Responsibilities
· Build and maintain RFQ cost models covering material, BOP, manufacturing, labour, tooling, logistics, quality and CAPEX.
· Interpret customer 2D drawings, 3D CAD data and technical specifications to understand manufacturing requirements and the key cost drivers of the groups engineered products.
· Identify any inaccuracies or missing data from the customer enquiry pack and inform the relevant account manager, listing all technical assumptions and risks to ensure timely follow up of RFQs.
· Develop, challenge and validate manufacturing assumptions including process route, material utilisation, cycle time, labour content, tooling and checking fixture requirements.
· Coordinate inputs from Engineering, Tooling, Purchasing, MP&L, Quality, Production and Finance.
· Challenge assumptions constructively using facts, data, manufacturing knowledge and historical evidence.
· Benchmark Ricor costs against historical data, market information and alternative manufacturing approaches to identify opportunities and risks.
· Identify cost reduction and margin improvement opportunities.
· Maintain clear traceability of costing assumptions, source data, risks and changes.
· Present the cost position, assumptions, sensitivities and risks clearly to Commercial for review and approval.
· Support Commercial during customer negotiations by providing factual cost analysis and technical justification.
· Continuously update costing databases, standardised estimating tools and reference documentation.
Experience & Technical Capability
Essential
· Cost engineering, estimating or manufacturing engineering experience within automotive, defence, off-highway or industrial manufacturing.
· Strong understanding of high and low volume manufacturing processes and the ability to translate a manufacturing route into accurate cost.
· Ability to interpret engineering drawings, technical specifications and CAD data, including GD&T.