Senior Cost Engineer in Gaydon, Warwickshire

Senior Cost Engineer

Location: Gaydon

Description:
This company is built upon the passion, skill and creativity of the people who dedicate their working lives to the most iconic brand in the world. Every intricate stitch beautifully expressed line, and the stirring noise of our engines is a manifestation of the desire and collective spirit to create the most beautiful cars.

Job Purpose:
* Cost Engineering is a key department for Aston Martin ensuring value on Material, Tooling and Prototype Spending.
* The Cost Engineer is responsible for setting detailed cost targets for all new Aston Martin programs and plays a critical role in ensuring that changes made to the vehicle design represent value.
* The Cost Engineer will actively work with colleagues in Purchasing and Engineering to ensure that Commodity Team cost objectives are met.
Key Duties & Responsibilities:
* Cost Estimates - by analysing how much a component "should cost" to manufacture. Estimate the material used, process time, overheads and profit. Estimate comparison vs. quote & assisted Supplier negotiations with purchase.
* Benchmarking - compare similar components within the AML parts library and competitor vehicles through 'tear-down' exercises. Develop component cost database for benchmark analysis.
* Quotation Analysis - AML receive QAFs (Quotation Analysis Forms) from their suppliers. These should be analysed for Value for money. Through supplier visits the Estimator can confirm the content of the QAF and look for "waste" processes and commercial opportunities.
* Supplier Business Reviews - compile Supplier Business Review documentation identifying by cost driver the suppliers cost of manufacturing. To review the suppliers total business model and identify ways to reduce these costs.
* Supplier visits - where the candidate will be expected to positively represent the company and remain professional.
* VSM (Value Stream mapping) Cost down - together with the Supplier, the Estimator maps the current and future state maps identifying ways to improve processes and drive down costs.
* Engineering support - to provide guidance to the Engineer of the most cost-effective way of producing a component. All cost down modifications must payback incremental costs within one year of introduction.

Qualification & Experience:
* Degree or equivalent in Engineering or Business would be preferable.
* Experience in a comparable role in automotive or general manufacturing is preferred.
* Experience of driving cost efficient solutions with software and electronic suppliers is a key advantage.
* Working knowledge of Excel and Word is required.
* Use of Access would be an advantage.
* Full Driving license.
Ability to negotiate and review data with all levels of Management.

Disclaimer

This vacancy is being advertised by either Advanced Resource Managers Limited, Advanced Resource Managers IT Limited or Advanced Resource Managers Engineering Limited ("ARM"). ARM is a specialist talent acquisition and management consultancy. We provide technical contingency recruitment and a portfolio of more complex resource solutions. Our specialist recruitment divisions cover the entire technical arena, including some of the most economically and strategically important industries in the UK and the world today. We will never send your CV without your permission.