Sr Materials Costing Specialist
$70.3k - $105.5kPlexus Worldwide
About us: At Plexus, our vision is to help create the products that build a better world. Driven by a passion for excellence, we partner with leading Aerospace/Defense, Healthcare/Life Sciences and Industrial companies to design, manufacture and service some of the world's most transformative products, including advanced surgical systems, diagnostic instruments, healthcare imaging equipment, mission critical aerospace systems, and electric vehicle (EV) charging solutions. Visit Plexus.com to learn more about our unwavering commitment to our vision.
When we invest in our people, we invest in building a better world.
With a vision rooted in the wellbeing and inclusive engagement of our team members, our customers, their end users and our communities, people are the heart of what we do and who we are. It is our values that unite us and guide us in everything that we do, including how we operate, behave and interact to foster a workplace where every team member feels valued and empowered to contribute their best.
Our values include: Growing our People, Building Belonging, Innovating Responsibly, Delivering Excellence and Creating Customer Success.
As a team member, you will engage in impactful work through global collaboration and the use of emerging technologies, join an inclusive culture where every team member is valued and working toward a greater purpose, and be empowered to reach your full potential through various development programs designed to accelerate your growth.
Plexus offers a comprehensive benefits package designed to support team members' wellbeing, including medical, dental, and vision insurance, paid time off, retirement savings, and opportunities for professional development. We also prioritize work-life balance and offer a variety of perks to enhance the team member experience. For more information, visit our US benefits website at usbenefits.plexus.com. Our commitment to pay range transparency fosters an equitable workplace, where everyone can feel valued. The annual compensation range for this position is stated below. The salary offered within this range will be based upon the geographic location, work experience, education, licensure requirements and/or skill level. Salary Range:
$70,300.00 - $105,500.00Purpose Statement: Responsible for the providing accurate and timely material pricing information to enable Plexus Corporation to provide industry competitive pricing quotations in support of current customers and new business development opportunities.
Key Job Accountabilities:
- Obtain clear, detailed understanding of proposal strategy and communicate with the materials costing team. Identify the supplier of choice consistent with quote strategy and supply chain guidelines. Communicate with costing team to provide updated and advise material status throughout the costing cycle.
- Assume ownership for materials costing activity; providing competitive, accurate, material pricing by the established due date. Review competitiveness of quotation with reference to historical and standard pricing. Develop suggested QCs to meet margin objective while balancing customer cost needs. Work with site teams and customer management to implement suggested QCs and escalate if needed.
- Generate reports and prepare data in support of supplier feedback, workload analysis, key metrics as required. Ensure supplier data is maintained, as well as support data for total cost calculation, currency conversion and other miscellaneous maintenance activities.
- Manage repricing strategy for existing customers to ensure balance between competitiveness and margin. Implement standardized costing procedures to ensure consistent and repeatable cost outputs are generated on all opportunities. Ensure ECs are up to date and accurate. Coordinate communication with site FA's, materials team or commodity team on revision to ECs (where applicable). Manage customer ECN/EAU changes to ensure customer pricing reflect the latest material cost (where applicable).
- Provide mentoring and guidance to lower level technical staff. Assist in driving standardization and continuous improvement to tools/processes for assigned area.
Education/Experience Qualifications:
- A minimum of a Bachelor's degree in Business or Engineering is required.
- 5-10 yrs experience in quoting, commodity or purchasing roles
Other Qualifications:
- Intermediate Computer Skills.
- Intermediate Decision Making and Problem Solving Skills.
- The employee must be self-motivated with the ability to follow through on assignments with little to no supervision.
- The employee must possess the ability to work independently and in a team environment.
- Excellent written and oral communication skills, basic math skills, and organizational skills are paramount for the employee to successfully perform in this position.
- The employee must be able to successfully multi-task, prioritize, and meet deadlines.
- The employee must possess knowledge of quoting principles, blueprint reading.
- ISM seminars or membership, CPM or APP certification, APICS seminars or certification and KARASS Negotiating would be beneficial.
Physical Requirements:
- Professional office environment with suitable lighting, comfortable temperatures, and low noise level. May require prolonged periods of sitting at a desk, using a computer, and other office equipment. Minimal physical activity is generally involved, emphasizing the importance of good posture and ergonomic workplace arrangements.
Travel Requirements:
- 10% or less
This document does not represent a contract of employment and is not intended to capture every possible assignment the incumbent could be asked to perform.
We are pleased to provide reasonable accommodations to individuals with disabilities or special requirements. If you need an application accommodation, please contact us by email at View email address on click.appcast.io. Please include your contact information and clearly describe how we can help you. This email is for accommodation requests only and cannot be used to inquire about the status of applications.
We are an Equal Opportunity Employer (EOE) and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Some offers of employment are contingent upon successfully passing a drug screen and/or background check.
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