Senior Cost Estimating Analyst

AAM•Detroit, MI

12h•Hybrid

About The Position

Dauch is looking for a Senior Cost Estimating Analyst to join our team in Detroit, MI. This is a hybrid role. This individual will work within the Procurement group and serve as liaison between Procurement Category Management and the rest of the organization with a goal of estimating business cases in a timely and accurate fashion. They will contemplate the different price structure factors at play: design changes, volume, capacity, economics, etc. They will also act as the key resource within Procurement to understand the changes and complexities of large-scale automotive programs, analyze how these changes can affect every component within a BOM of purchased components, and communicate the needs of the customer or the organization to Procurement Category Management to ensure supplier costs are accurate, reasonable, and justifiable. The ideal candidate has excellent communication, analytical, and problem-solving skills. We are looking for a self-motivated individual with the ability to work independently and as a team. Ready to join the team that is Bringing the Future Faster? Apply today!

Requirements

Bachelor's Degree or equivalent experience.
5-7+ years of relevant professional experience.
Strong technical expertise in casting, stamping, machining and/or related categories.
Good level of understanding of financial indicators and metrics supporting decision making: GP, NPV, Payback, IRR, EBITDA, etc.
Willingness to travel as required to plants and supplier sites to assess the products and manufacturing process systems, approximately 5%.

Nice To Haves

Knowledge of automotive powertrain products along with manufacturing methods/processes preferred.

Responsibilities

Serves as the liaison between Procurement Category Management and Finance to drive cost efficiency and coordination for creating multiple business cases.
Methodically creates, compiles, and presents procurement pricing related to new sourcing opportunities and design changes.
Lays out price drivers for components in scenarios such as design changes, volume fluctuation studies, new business, etc.
Represents the Procurement organization in cross-functional team meetings to ensure all deliverables are provided to properly cost components accurately and efficiently.
Provides reporting to the management team on cost drivers related to new business opportunities and major cost changes to support financial decision making.
Monitors pricing readiness and competitiveness by interacting with the Procurement Category Management team and ensuring mature understanding of long-range supplier strategy plan.
Gathers requirements in support of category management, helps facilitate the process and act as an escalation point to both Procurement and the Cost Request system team, where needed.
Provides various data analysis such as volume change comparison, BOM changes, supply base overview.
Makes recommendations to leadership from a customer standpoint, by aggregating the voice of the internal customer.
Understands and breaks down product technical requirements (weight, specs, material, prints, etc.) to support preliminary cost creation and multi-functional team committee cost estimation.
Understands impact of production volume, tooling, lead-time, and ED&T when costing Engineering Bill of Materials for new and current programs using Manufacturing Plans and Cost Models.
Evaluates and analyzes cost changes for various products/processes: castings, stampings, forgings, machining etc.; and associated tooling investments by reviewing technical specifications and requirements.
Coordinates within the Procurement organization the answer to multiple Cost Requests processed at the same time (prioritize based on given timing and business criticality, perform the data manual input in the system).
Follows up with various departments to ensure Cost Request answers are accurate and on time.
Organizes and records supply base pricing to leverage the internal knowledge in order to offer competitiveness for future new potential business costing.
All other duties as assigned.