Costing / Sourcing Engineer
Summary
Engineer who prepares product costing, sources suppliers, negotiates pricing, and analyzes cost structures to improve profitability and ensure competitive pricing.
Job Scope :
- To prepare accurate product costing, support quotation activities, analyze cost structures, and identify opportunities to improve profitability while ensuring competitive pricing for customers
- Source and evaluate suppliers and vendors.
- Request and compare quotations (RFQs).
- Prepare detailed cost analyses and product cost breakdowns.
- Negotiate pricing, payment terms, and delivery schedules.
- Monitor material costs and identify cost-saving opportunities.
- Maintain supplier relationships and performance records.
- Support procurement, budgeting, and inventory planning activities.
- Ensure compliance with company sourcing and purchasing policies
Requirements:
- Diploma in Engineering or equivalent
- 2 years’ of relevant working experience
- Experience in sourcing electronic components, PCB assemblies, mechanical parts, and manufacturing services.
- Knowledge of BOM (Bill of Materials) costing and product cost analysis.
- Familiarity with RFQ/RFP processes, supplier selection, and vendor management.
- Strong negotiation and cost reduction skills.
- Good understanding of electronics manufacturing processes and supply chain management.
- Ability to work with cross-functional teams including Engineering, Production, Planning, and Sales.
- Strong analytical, communication, and problem-solving skills.
- Ability to work under tight deadlines and manage multiple projects simultaneously.