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Costing / Sourcing Engineer

Open 20d

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.

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