Responsibilities & Key Deliverables

Material Cost:

1. Detail analysis of BOM on regular basis and its impact on product wise contribution margin
2. In depth analysis of purchase cost for BOM items on regular basis and its impact on product wise contribution margin
3. Detail analysis of forceful consumption, cost centre consumption, scrap, process loss, product wise yield etc

Conversion cost:

1. Cost centre, Production unit and plant wise capacity utilisation
2. Evaluation of off loading / In loading proposals 
3. Reduction in fixed cost / Improvement in productivity/ Analysis of rework cost

Inventory Management: 

1. Category wise inventory levels, Inventory turn over ratios etc.
2. Non moving inventory of Finished goods, Direct Material and Indirect material
3. Obsolete inventory and its impact on P&L
4. Inventory carrying cost 

Part wise contribution analysis for spares - price increase working  

Pricing of Inter-company / related party transactions.

Identifying cost reduction lever

Monitoring utilization of investments on bought out components

Business wise alloction of costs

Pricing of New product

Experience

5 to 7 years

Industry Preferred

Any Automotive or component manufacturing company or other manufacturing company

Qualifications

CA or ICWAI

General Requirements