Manufacturing Supply Chain Cost Analyst

Daher Aerospace•Stuart, FL

31d•$85,000

About The Position

Manufacturing Supply Chain Cost Analyst specializing in the analysis and evaluation of the costs associated with materials used in the manufacturing process. This role will work closely with Production and Procurement/Supply Chain teams to identify cost-saving opportunities, analyze variances, and to optimize material usage and procurement. This role will also develop cost standards, review inventory levels and costs, and develop and analyze performance metrics related to material costs.

Requirements

Bachelor’s degree in Finance, Accounting, Supply Chain Management, or a related field.
Proven experience in financial analysis, with a focus on procurement costs, purchasing, or supply chain finance.
Proficiency in using data analysis tools and software to manage inventory data and production costs, preferably SAP and Power BI.
Advanced proficiency in Microsoft Excel, including complex functions and pivot tables.

Nice To Haves

5+ years in Cost Analysis or similar analytical role, preferably in manufacturing or supply chain

Responsibilities

Cost and Variance Analysis: Analyze and Forecast Supply Chain metrics for material pricing, volumes, and utilization to and through the plant.
Review and analyze variable cost data, focusing on direct materials and other variable overhead costs impacting standard.
Identify trends, variances, and inefficiencies to determine root cause to provide actionable insights for material optimization and utilization improvement in the plant vs. standard for purchases, issuance, scrap, and quality.
Inventory Analysis and Control: Analyzing inventory data, identifying trends, and preparing reports to track inventory levels and performance.
Monitoring inventory levels, managing replenishment and allocation, and ensuring accuracy.
Assisting with inventory forecasting and planning, considering factors like production, sales, and market trends.
Evaluation of Excess and Obsolete inventories for proper management and provisioning.
Reporting, Forecasting, and Budgeting: Prepare and distribute regular reports summarizing material cost performance, including cost breakdowns, efficiency metrics, and material margin analysis.
Analyze historical data and trends to forecast future production costs and resource requirements, supporting budget development and management.
Identify opportunities to reduce costs, improve efficiency, and optimize production processes.
Development and setting of Standard Costing in the system and evaluation of impacts.
Ability to communicate effectively with cross-functional teams and provide clear and concise reports to demonstrate findings and recommendations to management and other stakeholders.
Working with cross-functional teams like purchasing, sales, and operations to ensure inventory accuracy and meet customer demand.