Procurement & Costing Engineer

Job Scope :

• To prepare accurate product costing, support quotation activities, analyze cost
• Structures, and identify opportunities to improve profitability while ensuring competitive pricing for customers
• Source and evaluate suppliers and vendors.
• Request and compare quotations (RFQs).
• Prepare detailed cost analyses and product cost breakdowns.
• Negotiate pricing, payment terms, and delivery schedules.
• Monitor material costs and identify cost-saving opportunities.
• Maintain supplier relationships and performance records.
• Support procurement, budgeting, and inventory planning activities.
• Ensure compliance with company sourcing and purchasing policies

Requirements:

• Diploma in Engineering or equivalent
• 2 years’ of relevant working experience
• Experience in sourcing electronic components, PCB assemblies, mechanical parts, and manufacturing services.
• Knowledge of BOM (Bill of Materials) costing and product cost analysis.
• Familiarity with RFQ/RFP processes, supplier selection, and vendor management.
• Strong negotiation and cost reduction skills.
• Good understanding of electronics manufacturing processes and supply chain management.
• Ability to work with cross-functional teams including Engineering, Production, Planning, and Sales.
• Strong analytical, communication, and problem-solving skills.
• Ability to work under tight deadlines and manage multiple projects simultaneously.