Cost Planning Analyst responsible for new product cost setting and variance analysis at automotive parts supplier TRAM, Inc. Analyzing costs and collaborating with design and production engineering.
Responsibilities
Set new product costs by compiling & obtaining itemized materials and price lists from blueprints and specifications
Participate in cost reduction activities and attend VA/VE meetings
Analyze and explain variances between planned and actual costs
Include impact on mid range and long range operating plans
Consult with Design and Production Engineering on cost problems
Implement and execute plans and activities to ensure that department strategies and goals are met.
Assist in creating the procedures of the Cost Planning Department.
Compile/obtain itemized materials and price lists from blueprints and specifications
Acquire data and track sales price and material cost changes during pre-production stages
Maintain cost database for pre-production and start of production components / parts as needed
Lead cost reduction activity meetings for all internal departments
Generate VA/VE items
Consult with Design and Production Engineering on cost problems
Obtain price targets, calculate overall cost target and current cost estimates.
Establish effective systems and procedures to standardize the work of TRAM Cost Planning
Create & submit weekly activity report to all necessary Management of Cost Planning
Requirements
Bachelor Degree in Business, Accounting, Finance or related discipline
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