Production Costing Engineer

Balakong , Malaysia
full-time

AI overview

Drive cost transparency and process efficiency by analyzing and optimizing cost structures across diverse manufacturing products.

Job Summary:

The Production Costing Engineer is responsible for developing and maintaining accurate cost structures for server racks, cabinets, and related data center infrastructure products. This role ensures that material, labor, and overhead costs are properly captured and analysed to support competitive pricing, profitability, and continuous improvement initiatives.

The position works closely with engineering, production, procurement, and finance teams to drive cost transparency, process efficiency, and data-driven decision-making across the manufacturing operation.

Key Responsibilities:

·         Develop, maintain and review product cost models for server racks, enclosures, CAC, HAC, Caging and other related manufacturing products.

·         Calculate standard costs for PRI, PDB and PDC, as well as perform variance analysis.

·         Work with design and engineering teams to estimate costs for new product introduction and design changes.

·         Analyze cost drivers such as sheet metal fabrication, welding, coating, assembly, and packaging.

·         Collaborate with procurement and suppliers to validate raw material and component pricing (eg. Sheet metal, cables, fasteners, etc)

·         Track and report manufacturing efficiency, yield losses and production waste that impact cost performance.

·         Identify cost reduction opportunities through process optimization, material utilization and design-for-manufacturability improvements.

·         Ensure accurate and timely cost data entry in ERP system (SAP).

·         Prepare detailed production cost reports, dashboards and ad-hoc analysis as needed.

·         Any other duties and responsibilities assigned from time to time.

 

 

 

Preferred Skills (Optional):

·      Experience in lean manufacturing, cost optimization or continuous improvement projects.

·      Familiarity with CAD Drawings and engineering change management.

·      Understanding of desig-for-cost and design-for-manufacturing principles.

·      Knowledge of ISO 9001 or related QMS.

 

Requirements

Qualifications & Requirements:

·      Bachelor’s Degree in industrial engineering, manufacturing or related field.

·      Minimum 2-5 years of experience in costing or manufacturing withing metal fabrication or related field.

·      Strong knowledge of production processes such as CNC turret punching, laser cutting, bending, welding, powder coating and assembly.

·      Proficiency in ERP/MRP system (preferably SAP).

·      Excellent analytical, problem-solving, and numerical reasoning abilities.

·      Familiar with BIM, routings and time-study analysis.

·      Strong communication and teamwork skills across departments.

·      Ability to work under tight deadlines and manage multiple cost projects simultaneously.

Two95 International Inc., is a global technology firm specializing in enterprise solutions that evolves over BPM, Mobility, Cloud, Analytics, E-commerce & Social Business. Our client base includes several Fortune 500 and mid-market companies across industries and varying geographies.With vast knowledge and knowhow of 20 years in the IT field, we have been chosen as INC500 fastest growing company in North America in 2013. With the accolade of being ranked 11th in Human Resources by INC500, we have also been nominated as the 3rd fastest growing company in South Jersey by SJBM. We are ranked among the Top 20 IT Companies in New Jersey based on the year-on-year growth for the last 3 years. With a seasoned team of highly qualified personnel, our offices are located in New Jersey, Canada and India.Our Specialties Direct Hire, Contingent Staffing, Managed Outsourced Services..

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