Cost Engineer

Cost Engineer

Telford Full-Time 42500 £ / year No home office possible
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At a Glance

  • Tasks: Evaluate technologies and supplier quotes to support engineering and procurement.
  • Company: Join a well-established client in the Telford area with exciting projects.
  • Benefits: Enjoy a competitive salary, great benefits, and a flexible work schedule.
  • Why this job: Be part of innovative projects and make a real impact on cost efficiency.
  • Qualifications: Experience in cost engineering, preferably in the automotive sector, is required.
  • Other info: Work Monday to Thursday, with half days on Friday for a better work-life balance.

Major Recruitment are currently seeking an experienced Cost Engineer to join our well established client based in the Telford Area, with travel to other sites in the area. The Cost Engineer will evaluate different technologies, processes and supplier quotes to support engineering as well as procurement selecting the most appropriate design. The quote analysis will also be used by procurement for negotiating the best cost for the production material. After successfully launching new projects the Cost Engineer will be continuously exploring cost down ideas. Process analysis and optimisations at the supplier´s plants are other key activities of the cost engineer Roles and responsibilities Support the engineering and design process by comparing different processes, production materials and production locations on the basis of calculations. Provide design recommendations on the basis of cost evaluations. Conduct on-site process analysis and process optimisation at the supplier plants to improve our cost position. Implement and monitoring of cost down measures at the suppliers to support multi-year savings contracts. Analysis of supplier quotes to identify negotiation possibilities. Lead Make or Buy studies together with controlling to improve cost position or supply delivery performance and support market value proposition. Review material cost controlling with bottom-up cost analysis of products, processes, or assembly operation plants. Supplier development with regards to the suppliers cost position and by that its robust financial performance. Ability to read, interperet and cost engineering CAD drawings Ideally coming from an automotive backgroundWorking Monday to Thursday 8am to 4.45pm and Friday 8am to 12.45pm Excellent salary and benefits package INDAC

Cost Engineer employer: Major Recruitment Huddersfield

Join a well-established company in the Telford area that values innovation and efficiency, making it an excellent employer for a Cost Engineer. With a supportive work culture that encourages continuous improvement and professional growth, you will have the opportunity to engage in meaningful projects while enjoying a competitive salary and benefits package. The company's commitment to employee development and a collaborative environment ensures that your contributions are recognized and rewarded.
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Contact Detail:

Major Recruitment Huddersfield Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Engineer

✨Tip Number 1

Familiarize yourself with the latest cost engineering software and tools. Being proficient in these technologies can set you apart from other candidates and show that you're ready to hit the ground running.

✨Tip Number 2

Network with professionals in the automotive industry, especially those who have experience in cost engineering. Attend industry events or join relevant online forums to make connections that could lead to job opportunities.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully implemented cost-saving measures in previous roles. This will demonstrate your practical experience and problem-solving skills during the interview.

✨Tip Number 4

Research the company’s recent projects and their approach to cost management. Tailoring your conversation to align with their values and goals can help you stand out as a candidate who is genuinely interested in the role.

We think you need these skills to ace Cost Engineer

Cost Analysis
Supplier Negotiation
Process Optimization
Engineering Design Support
CAD Drawing Interpretation
Project Management
Data Analysis
Financial Performance Evaluation
Make or Buy Studies
Material Cost Controlling
Attention to Detail
Problem-Solving Skills
Communication Skills
Automotive Industry Knowledge

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Cost Engineer position. Understand the key responsibilities and required skills, such as cost evaluations, process analysis, and supplier negotiations.

Tailor Your CV: Customize your CV to highlight relevant experience in cost engineering, particularly in the automotive sector. Emphasize your skills in analyzing supplier quotes and conducting process optimizations.

Craft a Compelling Cover Letter: Write a cover letter that connects your background and experiences directly to the responsibilities listed in the job description. Mention specific examples of how you've successfully implemented cost-saving measures or conducted process analyses in previous roles.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Cost Engineer.

How to prepare for a job interview at Major Recruitment Huddersfield

✨Understand Cost Engineering Fundamentals

Make sure you have a solid grasp of cost engineering principles, especially in the context of the automotive industry. Be prepared to discuss how you evaluate different technologies and processes, as well as your experience with supplier quotes.

✨Showcase Your Analytical Skills

Highlight your ability to conduct thorough analyses, such as bottom-up cost analysis and process optimizations. Bring examples of past projects where your analytical skills led to significant cost savings or improved efficiency.

✨Prepare for Technical Questions

Expect questions related to CAD drawings and how you interpret them for cost evaluations. Brush up on your technical knowledge and be ready to explain how you use this information in your decision-making process.

✨Demonstrate Negotiation Experience

Since negotiation is a key part of the role, prepare to discuss your experiences in negotiating supplier contracts. Share specific examples of how you identified negotiation possibilities and achieved favorable outcomes.

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