Cost Optimization Lead Engineer (Kỹ sư Chính Tối ưu Giá)

Posted 24 Days Ago
Be an Early Applicant
Hà Nội, VNM
In-Office
Entry level
Automotive • Retail • Transportation • Manufacturing
The Role
The Cost Optimization Lead Engineer tracks and expedites BCO ideas, evaluates risks, ensures timely implementation, and creates technical assessments using various tools. The role focuses on optimizing costs and managing obsolete components efficiently while coordinating with multiple departments to meet project targets.
Summary Generated by Built In

I.        I. Timing:

  • Tracking and expedite the progress of BCO ideas, including the ideas already approved by CM and ideas under feasibility assessment.
  • Handle issues arising during implementation of BCO ideas, ensuring the application timeline of the ideas meets the SOP targets.
  • Evaluate, identify, and warn of risks related to the progress of BCO ideas based on the development lead time of the technical department, the lead time for ordering new components, and the estimated time for ECR approval.
  • Expedite the utilization of obsolete and long-stored components to clean up warehouse space and save on scrap costs.
  • Evaluate and identify risks related to costs when implementing the utilization of obsolete components with no demand in next 12 months (including rework costs, logistics costs for ideas sale off the obsolete components to suppliers for production of new components; it is necessary to verify investment costs and compare with saving amount).
  • Tracking the progress of ideas registered on the TFS and expedite relevant departments to complete the implementation of the ideas as soon as possible. Resolve any issues causing delays.

       II. Quality:

Technical Documents:

  • Create technical assessments for BCO ideas from the Manufacturing division, concerning the feasibility of component/vehicle quality upon implementation, manufacturability, impact on tools/jigs, impact on the production process, and process quality.
  • Register BCO ideas on the TFS, track progress, and update relevant information such as investment costs, savings achieved, applicable vehicles, variants, markets, module responsible for implementing the idea, and the ECR number related to the idea.
  • Create a list of information for BCO’s impacted parts number (including: EBOM/MBOM parts number, part name, Purchase level, usage/car, piece price, corresponding information of the new parts; assessment of the reuse ability of the old part, how it will be reused; and for components requiring scrapping, check and confirm the required quantity for After Sales before scrap).
  • Create an inventory information table for impacted parts number list of BCO package, including inventory at VinFast, inventory at the supplier, Goods In Transit, and Firmed orders.
  • Create a stock calculation sheet for impacted parts of the BCO packages, thereby define the most optimal timing to implement – choosing the time when scrap costs and additional investment costs are minimized.
  • Use the Power BI system to generate a list of obsolete components with no demand in next 12 months and high value to evaluate to reuse for other vehicle/variants/markets.
  • Analyze and assess the ECRs, their technical and cost impact, as well as their impact on the BOM.
  • Create checklist and RASIC matrices for ECR checking and verification

BOM:

  • Analyze the EBOM information to verify the impacted parts number of BCO package, and check other information related to the parts such as Purchase level, applicable market, implementation timeline, and supplier information.
  • Check and confirm the part number in the MBOM against the EBOM part number to ensure that all impacted parts number of BCO package have been considered and fully reflected in the inventory calculation table.
  • Use EBOM to re-verify the engineers' judgments regarding the inability to reuse old components (For example, if an engineer has assessed a part as scrap in a BCO idea, it is necessary to cross-check with EBOM to confirm whether that component is being used for other vehicle programs).

Design/Drawings:

  • Analyze the function and technical specifications of the component proposed for change in the BCO idea based on 2D & 3D drawings. Conduct technical discussions with MML/LE to make a final decision on the feasibility of the idea.
  • Verify and confirm the technical specifications of the component based on 2D/3D drawings (related to design parameters, materials, heat treatment requirements, surface coating requirements).
  • For BCO ideas related to standard components (such as bolts, nuts, screws), analyze and compare the technical specifications of the old and new components. Discuss with the Standard Component Engineer to reach a final decision on the feasibility of the idea.

Integration, Testing & Validation:

  • Conduct technical discussion with the PIC manufacturing engineer and module MML/LE, to do trial tests for BCO ideas related to standard components such as bolts, nuts, and screws.
  • Evaluate the impact of the BCO ideas on homologation in Vietnam and international markets.
  • For ideas utilizing obsolete or long-term stored components, request the Quality team to inspect, evaluate, and confirm the component's functions still meet Vinfast's quality standards, if necessary.

III. Cost & Common Component:

  • Evaluate and expedite the utilization of obsolete components that are no longer in demand for current vehicle lines, either through direct reuse or rework.
  • For obsolete parts that cannot be used for current vehicle lines, continue to check and confirm demand from AFS. After confirming with AFS and stock still not be cleared yet, further assess the opportunity for sale off. If sale off is not possible, a decision will be made to scrap.
  • Expedite the implementation of approved BCO packages, ensuring execution according to the established plan.
  • Seek opportunities for cost savings such as BCO and the utilization of obsolete components.


Requirements
  • Bachelor’s degree 
  • Fluent in English
  • Proficient in Excel
  • Experience with SAP, Teamcenter, or Catia is a plus
  • Open for Vietnamese only



Skills Required

  • Bachelor's degree
  • Fluent in English
  • Proficient in Excel
  • Experience with SAP, Teamcenter, or Catia is a plus
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
29,878 Employees
Year Founded: 2017

What We Do

VinFast is a Vietnamese multinational automotive manufacturer, established in 2017, that designs and manufactures electric vehicles (EVs), e-scooters, and e-buses. It is part of Vingroup, one of Vietnam's largest conglomerates.

Similar Jobs

Mastercard Logo Mastercard

Manager, Product Project Lead Vietnam

Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
Hybrid
Hà Nội, VNM
38800 Employees

Mastercard Logo Mastercard

Director, Specialist Sales, Small and Medium Enterprises

Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
Hybrid
Hà Nội, VNM
38800 Employees

Mastercard Logo Mastercard

Analyst, Business Development

Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
Hybrid
Hà Nội, VNM
38800 Employees

Mastercard Logo Mastercard

Manager, Account Management

Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
Hybrid
Hà Nội, VNM
38800 Employees

Similar Companies Hiring

Fortune Brands Innovations Thumbnail
Manufacturing
Deerfield, IL
2450 Employees
Amalgamated Sugar Thumbnail
Food • Greentech • Agriculture • Industrial • Manufacturing
Boise, Idaho
768 Employees
Golden Pet Brands Thumbnail
Digital Media • eCommerce • Information Technology • Marketing Tech • Pet • Retail • Social Media
El Segundo, California
178 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account