Cost Estimator
Company: N.S. International, Ltd.
Location: Troy
Posted on: January 11, 2021
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Job Description:
Company OverviewNippon Seiki is a world-class manufacturer of
instruments for vehicles, agricultural, and construction equipment.
Established in 1945, Nippon Seiki Co., Ltd. is headquartered in
Japan, with numerous facilities worldwide. N.S. International, Ltd.
("NSI"), a group company of Nippon Seiki, located in Troy, MI, is a
tier one supplier of instrument clusters and head-up display units
for FCA US, General Motors, BMW, Honda, Harley Davidson, Suzuki,
Polaris, Arctic Cat and other OEM's.Purpose of JobThe Cost
Estimator will be responsible for all cost estimation and cost
management activities. This position is responsible for estimating
costs for new program/product quotations, working with the Business
Development, Purchasing, Engineering and Manufacturing Teams to
create a North American cost model for products, and supporting the
creation and execution of a long terms cost management strategy for
North America.Major Duties/ResponsibilitiesTop duties or activities
with the approximate percentage of time spent on each duty in a
given year. Not all tasks/steps performed are listed.Rank% ofRole
FocusMajor Duty/Responsibility of Job1.30%Cost Model Development
and Maintenance: ---Responsible for supporting the North American
Costing and Quoting group and creating a standardized internal cost
model which ensures profitability, while sustaining a competitive
market position that will be used for all new program/product
quotations ---Works with internal departments as well as
manufacturing and headquarters to establish a cost model creating a
strategic vision for company to assist sales group on opportunities
and long-term growth. ---Work with internal groups to understand
long-term plans for capital investment and capacity utilization.
---Support the implementation of a standard method to capture
development cost, logistics, packaging, and others. ---Align with
organization to plan a pricing schedule for purchased components
---Assist manufacturing locations in creation of common costing
processes that will be maintained and updated for all quoting and
lifetime cost activities. ---Facilitates in the tracking of
lifetime costs, quoting and D&D accuracy by verifying and
updating actual spend versus original quoting assumptions.
2.30%Cost Estimation: ---Prepares cost calculations to support
cross-functional customer teams with the creation of customer
quotations for new business acquisition and engineering changes,
assuring internal financial and timing objectives are met (nternal
Rate of return, Net Present Value, payback, etc). ---Analyze
product drawings and specifications to estimate material costs for
components produced at other facilities ---Partner with
manufacturing operations to identify labor, capital investment and
tooling costs ---Evaluates potential capacity constraints and
ensures sufficient capital is planned for capacity increases
---Collaborate and define cost targets for purchased components.
---Support profitability review with cost calculation data and work
with cross-functional team to define cost reduction targets to
achieve profitability targets, as needed. ---Capture cost structure
within internal cost management database. 3.20%Cost Management:
---Support company cost benchmarking activities. ---Analyze current
costs and identify opportunities for cost reduction. ---Support
value analysis value engineering cost reduction activities. ---Plan
cost reduction targets in cost management database.
---Supports/leads continuous improvement activities to improve the
business processes. 4.20%Cost Disclosure: ---Support business units
with cost calculation data to satisfy customer cost disclosure
requirements. ---Ensure that customer cost disclosure documents
adhere to company cost disclosure policy and follow appropriate
approval protocol when restricted information is requested.
---Support internal teams in customer cost disclosure workshops as
needed. Education, Experience and KnowledgeRequired and/or
preferred level of education, knowledge and skills that are
necessary.EducationBachelor's degree in Engineering, Marketing,
Finance, or BusinessMBA preferredRelated Experience---Minimum 5
years of Automotive OEM/Supplier cost estimation and cost
management experience. ---Experience with reading and understanding
engineering drawings and specifications. ---Working knowledge of
cost calculation methods, manufacturing processes and company
budgets/financial forecasts. ---Experience taking a leadership role
for all cost-related topics in a cross-functional team environment.
---Experience in the implementation and management of a costing
database (e.g. SAP, Oracle, Campfire) preferred. Special Training
or Competency---Computer skills and experience using MS Office and
email/ internet software; including advanced MS Excel functions and
database expertise. ---Work requires expertise in preparation of
presentation material using MS PowerPoint. NSI
Competencies---Adaptation/Flexibility:Includes keeping an open mind
regarding new ideas and ways of doing things. Willing to consider
alternative interpretations or ways of looking at the situation.
Demonstrating flexibility. ---Initiative/ Results Driven:Includes
setting high standards of performance for self and others. Striving
to accomplish goals even if it means personal sacrifice. Putting
the goals of the organization above own goals. ---Judgment/
Decision Making:Includes making decisions and takes actions that
have beneficial impact. Effectively evaluating information in order
to come up with sound conclusions and recommendations. ---Resource
Management:Includes setting clear objectives to guide action for
self or others to accomplish goals. Organizing or adjusting
information, people and materials to meet those goals. ---Team
Work:Includes encouraging and supporting the ideas and effort of
others. Finding ways to help the team or group perform effectively.
Additional InformationWork HoursMonday-Friday, 8 am - 5pm.
Off-hours as needed.Travel Requirements5-10% international and/or
domestic.If domestic travel is necessary, valid drivers' license is
required.If international travel is necessary, valid passport is
required.Additional InformationDISCLAIMERThe above information on
this description has been designed to indicate the general nature
and level of work performed. It is not designed to contain or be
interpreted as a comprehensive inventory of all duties,
responsibilities and qualifications required of employees assigned
to this job.N.S. International, Ltd. is an Equal Opportunity
Employer and does not discriminate against any employee or
applicant for employment because of race, color, sex, age, national
origin, religion, sexual orientation, gender identity and/or
expression, status as a veteran, and basis of disability or any
other federal, state or local protected class.
Keywords: N.S. International, Ltd., Troy , Cost Estimator, Professions , Troy, Michigan
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