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Costing Manager
2 weeks ago
Are you passionate about LEGO® bricks? Would you like to work for the company whose products bring happiness to millions of children and adults all over the globe?
Take this opportunity to play a meaningful role and help the LEGO Group in our mission to become a world leader
Core Responsibilities
- Perform target price estimation with “Should” cost analysis to assist Procurement team in determining fair and reasonable pricing.
- Perform cost control, cost driver identification & variance analysis and data consolidation to support the related decision-making.
- Initiate and drive saving activities with suppliers and internal stakeholders through Master quotation, VA/VE activities etc..
- Justify or validate the product costs accuracy based on cost breakdown; market index; research; benchmarking; forecasting and negotiation with suppliers
- Provide regular reports for the spend projection & saving performance, PPV projection with clear visualization and interpretation.
- Provide cost input and support the creation of a business case for different categories.
- Support on Capex/Opex budgeting with respective category leads and manage the actual expense within budget
Play your part in our team succeeding
Parts External Manufacturing is a global organization focusing on Core Line, Extended Line and Electronics & Textiles Categories. The team is located in China, Asia & Europe. We focus on providing sustainable supplier platform, project development from novelty to mass production for worldwide products in compliance with LEGO requirements and operational excellence and driving best business practices for LEGO group.
The role supports ensuring the ‘best price’ deal by cost negotiations in process of development and sustaining of on-time delivery of products with highest quality.
“Cost” is an essential factor in decision making in Procurement. A clear and accurate cost analysis leads us doing business in the right way. However, with market fluctuation index, there is a challenge to have all the cost data clearly and accurately.
Sr. Cost Engineer is responsible for securing high quality cost analysis based on a variety of market fluctuation indexes; market research; benchmarking; forecasting; negotiation with supplier and etc.
The role closely collaborates with stakeholders to secure outstanding product quality at the best price point that meets LEGO Quality and Product Safety Standards, and on-time delivery.
Do you have what it takes?
- Min. 8 years relevant experience in product cost management
- Costing experience in EMS or multinational company is preferable
- Strong analytical skill and good technique in cost estimation
- Able to interpret data conclusion effectively
- Collaborative; flexible and willing to change.
- Mature, proactive and hands-on with good initiative
Join the global LEGO® family
What’s in it for you? Here are some of what to expect:
- Family Care Leave - We offer enhanced paid leave options for those important times.
- Insurances - All colleagues are covered by our life and disability insurance which provides protection and peace of mind.
- Wellness - We want you to be your best self, so you’ll have access to the Headspace App and lots of wellbeing initiatives and programmes run by local teams where you are based
- Colleague Discount - We know you'll love to build so from day 1 you will qualify for our generous colleague discount.
- Bonus - We do our best work to succeed together. When goals are reached, you’ll be rewarded through our global bonus scheme.
- Your workplace - Our offices will be your primary workplace with flexibility to work from home during your working week. Your People Leader will discuss the principles of our hybrid work model, role eligibility and frequency with you.
Children are our role models. Their curiosity, creativity and imagination inspire everything we do. We strive to create a diverse, dynamic and inclusive culture of play at the LEGO Group, where everyone feels safe, valued and they belong.
The LEGO Group is proud to be an equal opportunity employer. We are committed to equal employment opportunity and equal pay regardless of e.g. race, colour, religion, sex, national origin, sexual orientation, disability or gender identity.
Thank you for sharing our global commitment to Children’s Rights.
Build your career brick by brick at the LEGO Group.
LI-SX1
**Location**
- Singapore, Singapore, Singapore
**Job ID**
- SG2093
**Category**
- Purchasing/Procurement
**Language**
- EN