Driving Infinite Possibilities Within A Diversified, Global Organization
A should cost engineer is an experienced individual who is estimating costs of components that TS purchase, based on assumed manufacturing process from our suppliers. These studies are being used to define target prices for new businesses, for sourcing decisions, design modifications, current production, new design development and benchmarking. Outcome is acceleration of customer offer, expecting higher business win rate with lower targets prices, better material margin owing to lower sourcing targets, better productivity with the highlight of area of savings.
Should Cost models:
– Define and update Should Cost models for existing and new components by ensuring close-loop process
– Validate new Should Cost models for existing & new components by making technological watch
– Search market information (global economics, process improvements, supplier visits) and update should cost model accordingly
Should Cost targets:
– Propose target price for components for bidding stage for new programs: project target prices of his / her family of components over 5 years period in accordance with Commodity Strategy
– Define sourcing target price for components during sourcing decision
– Manage historical prices database and “market price” estimation per supplier/process/regions
– Map competiveness reports for his/her family of components by Suppliers / Regions / Process Technology
– Map Actual sourcing price versus plan of competiveness
– Market and component cost analysis to support commodity strategy at short and middle term (STRAP, AOP)
– Estimate “should cost” on current production components to highlight area of negotiation to commodity.
– Support Value Engineering initiative by running Should Cost analysis on the components. Estimate cost impact on modifications
– Propose design changes to reduce costs
– Support as needed negotiations with suppliers based on should cost models
30 Problem resolution
30 Cross functional teamwork
20 Continuous improvement
20 Provide data and analysis
Exempt The Turbo Advantage
Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status.
Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.
For more information on applicable equal employment regulations, refer to the EEO is the Law poster .
Please refer to the EEO is the Law Supplement Poster & the Pay Transparency Policy .
If a disability prevents you from applying for a job through our website, request assistance here . No other requests will be acknowledged.
Terms & Conditions | Privacy Statement © 2017 Honeywell International Inc.