Visteonposted 2 months ago
Full-time • Mid Level
Van Buren Charter Township, MI
Transportation Equipment Manufacturing

About the position

The Purchasing Cost Estimator for Semiconductors plays a critical role in the supply chain and procurement operations by analyzing, estimating, and managing the costs associated with sourcing semiconductor components and materials. This position ensures cost efficiency and strategic procurement alignment, supporting the company's competitiveness in a rapidly evolving semiconductor industry.

Responsibilities

  • Evaluate and estimate the cost of semiconductor components, materials, and manufacturing processes.
  • Analyze supplier cost structures, market trends, and industry benchmarks to provide accurate cost predictions.
  • Develop cost models and scenarios to aid in decision-making.
  • Submit & explain right costing analysis at Gates 0 and 1.
  • Collaborate with suppliers to gather pricing, negotiate terms, and validate cost data.
  • Stay updated on semiconductor industry trends, raw material price fluctuations, and technology advancements.
  • Provide insights on potential cost impacts due to market changes, supply chain disruptions, or new regulations.
  • Work closely with the purchasing team to identify cost-saving opportunities.
  • Support vendor selection and contracting processes by providing cost-related insights and recommendations.
  • Collaborate with engineering, R&D, and production teams to understand technical requirements and cost drivers.
  • Partner with finance and operations teams to ensure alignment with budgets and organizational goals.
  • Prepare detailed reports on cost analyses, procurement strategies, and savings opportunities.
  • Maintain accurate records of cost estimates, supplier quotes, and pricing trends.

Requirements

  • Bachelor's degree in Supply Chain Management, Engineering, Business, or a related field.
  • 3+ years of experience in cost estimation, procurement, or industrial controlling in the semiconductor industry.
  • Strong analytical skills with proficiency in cost modeling and financial analysis.
  • In-depth knowledge of semiconductor manufacturing processes, materials, and market dynamics.
  • Excellent negotiation and communication skills.
  • Proficiency in ERP systems and cost estimation tools.
  • Familiarity with regulatory and compliance standards in the semiconductor industry is a plus.

Nice-to-haves

  • Experience in a global technology company.
  • Knowledge of automotive industry trends.
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