Procurement Cost Engineer

Job Title Procurement Cost Engineer Job Description

JOB DESCRIPTION - PROCUREMENT COST ENGINEER

Introduction Vanderlande is seeking a Procurement Cost Engineer to drive cost optimization through comprehensive cost modeling and analysis. As a pivotal member of the global Procurement Center of Excellence (CoE), you will focus on developing should-cost models and providing insights to support strategic procurement decisions and cost reduction efforts. Our global procurement organization enables our projects and business functions by maximizing value and minimizing risks via the procurement of goods and services in the smartest, cost-effective and sustainable way. We ensure a resilient and competitive supplier ecosystem and aim to advance towards best-in-class practices, and ensure the organization is efficient, effective, and future-proof. Furthermore, our procurement organization plays an important role in Vanderlande's transformation from an Engineer-to-Order (ETO) to a Configure-to-Order (CTO) business model. This new model aims at enhancing value for its customers through increased standardization, scalability, and more competitive solutions. What will you be doing? As a Procurement Cost Engineer, you will gather and analyze design and cost data to build and maintain cost models for supporting Sales with budgets and build and maintain related should-cost models, compare these estimates with supplier quotes, and prepare reports to identify cost saving opportunities. Your detailed cost analysis will support procurement negotiations, and you will contribute to refining cost modeling processes and tools. Responsibilities Gather and analyze cost-related data from various sources, including raw material prices, labor rates, and manufacturing processes to support the development of cost models and should-cost models at the component, assembly, or system level Perform cost maintenance and design related updates, on Computer Aided Pricing software tool (CAP) equipment records and track and report cost differences between product lifecycle milestones records (Current state) Item selection for CAP records Build and maintain detailed (should) cost models including cost drivers of current and future products and services that provide insights into the theoretical minimum costs for products and services, with input from technology information Maintain and set-up equipment cost calculations in Computer Aided Cost Estimation software tool (Facton EPC) Compare should-cost estimates with supplier quotes and market prices, and prepare reports highlighting discrepancies and potential cost-saving opportunities Provide detailed cost analysis to support procurement negotiations with suppliers, helping to achieve favorable terms and cost reductions. Be an active member of the procurement negotiation team with suppliers Contribute to the refinement of cost modeling processes and tools, suggesting improvements based on feedback and evolving business needs Add value to Value Engineering and DFX projects by providing should cost estimations or cost drivers for mechanical and/or electrical equipment during the development phases What do we ask from you? To be successful in this role, you should have: Proven experience (3-7 years) in engineering, analyzing and interpreting cost data, preferably procurement-specific data using an established cost engineering tool (e.g., Facton) and in a manufacturing environment (material costs, production costs) Proficiency in data languages (e.g., SQL, Python, R) and analytics tools, capable of extracting and interpreting complex datasets to identify trends, patterns, and insights for further cost modelling and forecasting Proficiency in data visualization tools (e.g., Power BI, Tableau, Excel) to effectively communicate financial and cost insights. Set scope and find internal support at other departments, in putting together reporting & visualization Advanced skills in conducting should-cost modeling to assess product and service cost drivers and total cost of ownership (TCO) Ability to independently handle ad-hoc cost engineering and analysis requests alongside the creation of recurring reports Proven experience in translating technological design data into financial cost data and being able to determine cost drivers, using known cost engineering techniques Knowledge / experience in cost engineering (CE) and value engineering (VE) Proven experience in Data Management (JDE, and Enovia) & Tools (Computer Aided Cost Estimation Software (Facton EPC) and/or CAP) Familiarity with procurement processes and supply chain management Excellent collaboration skills to work effectively with cross-functional teams and stakeholders Proficiency in English for clear communication within an international team setting About the team The Procurement Center of Excellence (CoE) team at Vanderlande is a dynamic group of professionals dedicated to providing strategic support and enhancing demand and supply management capabilities. Comprising diverse roles such as RfX Specialists, Contract Administration Specialists, Procurement Reporting Analysts, Procurement Cost Engineers, Procurement Market Insight Analysts, and Supplier Onboarding Specialists, the team collaborates closely with the demand and supply management teams to deliver high-quality support and insights. Operating across global and regional centers, our team thrives on collaboration, continuous learning, and a commitment to excellence, making a significant impact on the organization's success. Aspire. Grow. Achieve. Together Are you looking to develop your career and satisfy your ambitions at a company where you can aspire to new heights, enjoy personal growth and thrive on achievement? At Vanderlande, we seek passionate and ambitious people capable of making a positive impact on our key customer projects while developing a successful and prosperous career in a challenging and rewarding international environment. We are the global market leader for future-proof logistic process automation at airports - from London Heathrow to Singapore Changi - and in the parcel market for leading players such as UPS and FedEx. Furthermore, we are also a leading supplier of solutions for warehousing giants, including Walmart, which seamlessly integrate innovative systems, intelligent software, and life-cycle services. If you aspire to a position of responsibility and want to make a difference by facilitating the delivery of what matters most to consumers, passengers, and businesses, the next step on your path to global opportunities is to join Vanderlande. As part of our network and unique culture of freedom and flexibility, you will be able to express yourself and become connected to our dedicated people, building strong relationships and rising to the challenge of industry-leading projects. You will grow, take ownership and make every day better as you continue on the road to success with your spirit of adventure - and fulfill your ambitions for personal development through our Academy. Vanderlande will give you the necessary knowledge, tools, and support so that together we have the confidence and ability to exceed our customers' expectations in over 100 countries. To achieve our collective goals, you will seize the initiative and have a hands-on role working in a positive environment to deliver tangible, state-of-the-art products and improve the competitiveness of our highly visible customers. As an integral part of our team, you will have the enthusiasm and be driven to reach our destination before your next journey with Vanderlande begins… So, if you would like to join a profitable and growing company that will enable you to reach your goals and focus on your future, please get in touch with us.