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Cost Reduction Job in Nairobi - M-Kopa

Cost Reduction Manager
MKOPA is looking to bring on a Cost Reduction Manager to join the operations team. This individual will be responsible of ensuring that cost estimating processes are in place. They will take the lead in working closely with others in the business to provide cost estimates against production/project requirements.
Additionally, they will lead cost targeting and bench marking activities from concept to design to achieve the lowest product costs and support implementation of cost reduction opportunities.

Responsibilities

·         Contribute to the creation and implementation of best practice, cost estimating vision, strategy, policies, processes and procedures to aid and improve operational performance
·         Ensure the organization has a robust cost estimating process in place to meet production/project requirements and in line with quality standards
·         Support continuous improvement through cost engineering techniques and processes, identifying inefficiencies and cost optimization opportunities
·         Analyze and identify key areas of improvement and apply cost estimation techniques to drive cost reductions and aid operational processes and efficiency
·         Monitor and review data and information to detect and assess problems and make recommendations to resolve issues
·         Review, analyze and understand economic trends and consider risks and cost implications
·         Ensure professional and consistent cost engineering management processes are applied in the business
·         Ensure appropriate monitoring, reporting systems and procedures are in place to meet objectives
·         Provide strategic and operational information and reports to share with others as and when required
·         Work in conjunction with and engage with internal and external stakeholders to facilitate and implement cost engineering activities in the business
·         Gain buy in to targets by stakeholders and engage with stakeholders to ensure all cost ideas are input in order to prepare complex cost models
·         Stay up to date with changes and support stakeholders with project changes ensuring all associated costs are identified and tracked against the budget
·         Oversee supplier quotations tonsure meets ‘should cost’ estimates
·         Support supplier meetings and negotiations to challenge quotation prices and aim for cost reductions to meet target costs
·         Work closely with the Purchasing team to ensure purchasing strategies are maximized
·         Engaged in driving competitive analysis and benchmarking
·         Develop and drive strategic roadmaps

Requirements

·         Relevant business/commercial, Supply Chain Management or manufacturing/engineering degree is preferred
·         Significant experience of cost estimating or finance in preferably a manufacturing/engineering environment
·         Strong IT systems knowledge and skills including advanced Excel skills
·         Experience of using spreadsheets and complex estimating, pricing models and cost management tools
·         Demonstrable track record of adding significant value and optimizing costs
·         Experience of delivering results through crossfunctional working
·         High degree of knowledge and understanding of a variety of manufacturing processes and components and ability to evaluate and analyze associated costs
Skills
·         Highly skilled communicator with the ability to form and maintain good relationships internally and externally
·         Strong interpersonal, negotiation and influencing skills
·         Ability to work in a matrixed organization, leading teams that are not direct reporting line
·         Commercial and financial acumen
·         Highly developed analytical skills
·         Strong technical mindset and able to read and interpret technical data and translate to others
·         Highly numerate with the ability to research, assemble, manage and manipulate numerical information
·         Results orientated and organised with the ability to plan and deliver against deadlines
·         Excellent attention to detail skills
·         Project Management skills
How to Apply

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