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Cost Analyst - Procurement

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Onsite

Cost Analyst - Procurement

Crompton Greaves Consumer Electricals

Cost Analyst - Procurement

Skills

Data AnalysisPower BI

2 months ago

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Important information


Contract type:

Permanent

Location:

Mumbai, Maharashtra, India

Work mode:

Onsite

Published on:

11 August 2026

What they need


  1. Qualification and Experience: BE and Preferably MBA with relevant experience in costing, sourcing/ purchase, analytics. Well versed in MS excel/ ppt/ PowerBI.
  2. Location - Mumbai
  3. Description of the Job:
  • Responsible for generating & maintaining a pipeline of ideas for cost optimization, regular spend analysis & cost analysis to prioritize focus areas for cost saving opportunities
  • Regular internal and external product benchmarking as well as review of industry and market trends
  • Should have technical knowledge and process know-how that is required for validation of costs.
  • Proficient and hands -on experience in costing should cost and ZBC.
  • Continuous review of vendor cost sheets and computation of should-be costing basis BOM
  • Identify alternate vendors & sourcing options for the different product categories
  • Ensure cross-functional coordination and standardization of processes and costs across divisions
  • Maintain a cost savings tracker & responsible for validating the actual accruals against accrual plan
  • Closely work with the PL teams to create implementation plan for the identified initiatives
  • Continuously monitor the implementation status and upfront identify any deviations, including root cause analysis and formulation of catch-up plans along with the PL team
  • Support in vendor negotiation and personally engage with vendors to support in implementation of value engineering initiatives, on-boarding for e-procurement etc.
  • Main deliverables will be cost saving through cost sheet analysis, standardization and should cost/ ZBC.

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