Materials Costing Specialist at Plexus

Livingston, Scotland, United Kingdom

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, ElectronicsIndustries

Requirements

Bachelor's degree in Business, Economics, or a related discipline (minimum required)
Preferred: Bachelor's degree in Business or Economics combined with 5+ years of experience in commodity or purchasing roles appropriate to a commodity position

Responsibilities

Take full ownership of materials costing activities, delivering competitive, accurate material pricing by established deadlines
Manage quotation requests, engaging with appropriate suppliers to secure industry-competitive component pricing within required time frames
Ensure up-to-date and accurate Engineering Changes (ECs) for all buy quotes (re-pricing and initial bids), coordinating revisions with the site materials team
Review current and develop suggested Quote Costs (QCs) to meet Purchase Price Variance (PPV) objectives while balancing customer needs
Work closely with the Commodity Team to capture cost reductions, stay current with marketplace trends, and identify the supplier of choice consistent with company strategy
Maintain knowledge of the marketplace, key suppliers, and manufacturers
Provide and analyze the costed Bill of Materials (BOM), communicate material status updates to the Costing Team, and present a professional approach to suppliers and customers

Skills

Key technologies and capabilities for this role

Materials CostingSupplier ManagementQuotation ManagementEngineering Change ControlCost OptimizationPricing AnalysisProcurement

Questions & Answers

Common questions about this position

What is the required education for the Materials Costing Specialist role?

A minimum of a Bachelor's degree in Business, Economics, or a related discipline is required.

What experience is preferred for this position?

A Bachelor's degree in Business or Economics combined with five or more years of experience in commodity or purchasing roles appropriate to a commodity position is preferred.

Where can this role be based?

This role can be based from either the Kelso or Livingston Offices.

What is the company culture like at Plexus?

Plexus embraces a culture of inclusion where diverse perspectives, backgrounds, and experiences create great outcomes, celebrating diversity and recruiting based on skills and experience.

What makes a strong candidate for this Materials Costing Specialist role?

Candidates who thrive in a strategic, fast-paced environment with expertise in driving material cost efficiency, along with the required education and preferred experience in commodity or purchasing roles, will stand out.

Plexus

Manufactures and repairs medical devices

About Plexus

Plexus Corp. offers engineering and manufacturing services tailored for medical device manufacturers, focusing on aftermarket repair and maintenance for drug delivery devices. Their services lead to a 50% improvement in turnaround times and a 25% reduction in service costs, while also minimizing quality issues. Plexus stands out by providing end-to-end solutions, utilizing tools like the Strategic Mitigation Action Response Tracker (SMART) to enhance supply chain efficiency. The company's goal is to deliver specialized, high-quality solutions that improve operational efficiency and reduce costs for their clients.

Oradea, RomaniaHeadquarters

1979Year Founded

IPOCompany Stage

Robotics & Automation, HealthcareIndustries

5,001-10,000Employees

Benefits

Professional and personal development

Plexus Global Mentor Program

Accessible Resources

Risks

Closure of Portland facility may indicate operational challenges affecting workforce stability.

Partnership with Simbe Robotics could strain resources if demand exceeds production capabilities.

Integration with Gate Web3 Wallet may expose Plexus to cybersecurity risks.

Differentiation

Plexus offers end-to-end solutions from design to maintenance in multiple sectors.

The company specializes in aftermarket repair for medical devices, improving efficiency and cost.

Plexus's Strategic Mitigation Action Response Tracker aids in predictive risk management.

Upsides

Partnership with Simbe Robotics expands Plexus's role in the growing retail automation market.

Acquisition of a new office building suggests potential for expanded design and development services.

Collaboration with Arch Systems enhances Plexus's Industry 4.0 capabilities for better efficiency.

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