Key Objectives of this Role: - Analyze and determine the full cost structure for display products, including raw materials, manufacturing processes, labor, overhead, and logistics - Work closely with the Engineering and Sales team to understand the requirements and specifications of display products - Develop and maintain cost estimation models to ensure accurate and up-to-date cost assessments - Collaborate with suppliers to gather necessary cost data and validate cost estimates - Evaluate and analyze historical cost data and trends to improve the accuracy of future cost estimates - Prepare detailed cost estimation reports and present findings to the procurement Team and senior management - Identify cost-saving opportunities and recommend strategies to optimize costs without compromising quality. - Assist in the negotiation process with suppliers by providing cost analysis and support - Monitor market trends and changes in cost factors that could impact the overall cost structure - Ensure compliance with company policies and industry standards in all cost estimation activities
Qualification, Experience and Skills: - Bachelor’s degree in Finance, Accounting, Engineering, Supply Chain Management, or a related field - Minimum of 3-5 years of experience in cost estimation, preferably within the display products or technology sector - Strong analytical and mathematical skills with a keen attention to detail - Excellent communication and interpersonal skills, with the ability to present complex data clearly - Solid understanding of procurement processes and supply chain management - Ability to work independently and as part of a team in a fast-paced environment - Experience in the display product industry or a related technology field.