Cost Engineer

Job Description:

Cost Engineer, Leicestershire 

Reports to: Advanced Manufacturing Engineering Manager

Salary £40,000 - £50,000 per annum

Mission of the Role:

• Determine technical compliance & provide cost estimates for the project, product or service.
• Researching the prices of the various components involved, acquiring the relevant quotes from vendors and contractors
• Calculating internal processing costs.
• Supporting  the Commercial & Engineering teams with proposals
• Understanding the customer’s specifications and calculating the final budget for the project, product or service.

Primary Responsibilities:

• Obtain and understand the customers’ requirements, via written or verbal communications.
• Read, analyse and understand customer technical drawings and specification documents.
• Lead complex quote processes with Commercial and Engineering teams, along with Purchasing & our suppliers.
• Build and present our technical and cost proposals to the commercial team (and customers where necessary)
• Upon order receipt, clearly communicate the planned route to Engineering & Manufacturing departments to allow for a smooth transition for order execution.

Other Duties and Responsibilities:

• Understand key customers’ products and services.
• Keep informed of supplier capabilities, pricing and performance.
• Drive the correct assessment of opportunities and plan workload accordingly.
• Respond to customers and co-workers in a timely and professional manner.
• Communicate company and product values to prospective customers via formal and informal presentations, meetings and communications.
• Identify competitors’ strengths and weaknesses.
• Attend trade shows or appropriate events to gain a broader insight on industry trends, players and technology drivers.
• Comply with health and safety policies and procedures.
• Support company values including ethical conduct and high integrity in all actions.

Desired Key Competencies and Skills:

• An Engineering Degree in a STEM subject – (Preference to Mechanical Engineering).
• Competent in Project Management.
• Competent in the use of computer systems - Essential: Microsoft Office, ERP/MRP - Preferred: CAD or Solidworks.
• Able to travel internationally to visit customers and suppliers.
• Excellent communication skills – written and spoken