Manufacturing Cost Modeling Engineer

MY03 Agilent Technologies LDA Malaysia

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Malaysia-Penang Until 9/22/2026 4+ years exp First posted July 24, 2026 Last posted July 24, 2026
Job description

Job Description

Cost modeling engineer is part of Predictive Cost Modeling team, under Agilent One Procurement Organization. Primary functions are to develop cost models & simulate manufacturing should-cost and perform supply-market intelligence analytics, to provide value-add solutions in strategic cost management.

Responsibilities:

  • Simulate should-cost of manufactured parts/assemblies to enable cost savings/optimization initiatives and sourcing strategies.
  • Apply cost analysis to identify gaps/opportunities and propose solutions to drive cost negotiation & cost optimization.
  • Develop and deploy cost modeling tools on manufacturing process for a range of categories/commodities.
  • Conduct supply-market data research to provide market intelligence/insights to support Procurement strategies & competitive advantage.
  • Harness supply-market intelligence and cost data to run analytics on price trend & cost impact, generating actionable insights for proactive actions/forward-looking strategic planning.
  • Collaborate with Category Management in tactical negotiations & strategies, and with R&D/Manufacturing/Suppliers in VAVE/NPI/DFX in design & process cost optimization.
  • Categories/Commodities in-scope: Machined components, Sheet metal, Plastic molding, Flow components, Optical parts, Laboratory Glassware and Consumables.

Qualifications

  • Bachelors Degree or above in Engineering or equivalent.
  • Minimum 4+ years of relevant experience in one or more of the following fields - Manufacturing engineer, Costing engineer, Procurement/Material engineer, Supplier development engineer, Design engineer, Supply-market/Business intelligence analyst.
  • Technical background/expertise in manufacturing process & technology and good understanding on the cost profile/structure in at least one or more of the categories/commodities: Machined components, Sheet metal, Plastic molding, Flow components, Optical parts, Laboratory Glassware and Consumables.
  • Experience in CAD software.
  • Effective MS Office skills (Excel, PowerPoint, Word).
  • Statistical, Data analytics and Digitalization skills are a plus.

Additional Details

This job has a full time weekly schedule.

Our pay ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. During the hiring process, a recruiter can share more about the specific pay range for a preferred location. Pay and benefit information by country are available at: https://careers.agilent.com/locations

Agilent Technologies Inc. is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other protected categories under all applicable laws.

Travel Required:

Occasional

Shift:

Day

Duration:

No End Date

Job Function:

Manufacturing
About this role

Summary

Develop cost models and analyze supply market to optimize manufacturing costs

Job title

Manufacturing Cost Modeling Engineer

Experience level

4+ years

Minimum experience

4+ years exp

Industry

manufacturing

Location requirements

Malaysia-Penang, on-site work only

Salary

Not specified

Management role

No

Skills & keywords

Required skills

engineeringcost analysismanufacturing processCAD softwareMS Office

Preferred skills

statistical skillsdata analyticsdigitalization

Specializations

cost modelingmanufacturing processsupply marketcost analysisproduct design
Locations

Structured locations inferred from the posting.

Unknown location

On-site