Erik Nestingen
Cost Estimator @ Meurer Research | Strategic Sourcing, Cost Reduction
- Role
- Cost Estimator at Meurer Research
- Location
- Denver, CO, US
- LinkedIn followers
- 500 followers
About Erik Nestingen
I\'m a supply chain and sourcing professional with 7+ years of experience managing…
Experience
Cost Estimator
May 2021 — Present · Golden, CO, US
Lead strategic sourcing initiatives for stainless steel, reducing material costs by 25% through market analysis, supplier negotiation, and collaboration with the CFO. Provided actionable recommendations aligned with tariff regulations, geopolitical risks, and global sourcing trends.Manage procurement of raw materials supporting $20 million in annual COGS. Cultivate supplier relationships and negotiate terms to ensure supply continuity, cost efficiency, and performance alignment.Directed outsourcing strategies for key components and fabrication processes, partnering with domestic and international suppliers to manage cost, capacity, and lead times while ensuring quality and compliance.Led high-impact negotiations with vendors and service providers, securing favorable pricing and terms that directly contributed to improved profit margins and reduced risk exposure.Developed accurate labor and material cost estimates in a stainless steel manufacturing environment for custom water filtration systems. Enhanced bid tools to improve quoting speed and accuracy.Utilized ERP systems to perform demand forecasting and created custom forecasting tools to align large orders with production capacity, resulting in improved cost control and operational planning.Recognized Lean Practitioner and Six Sigma Green belt, implementing process improvement, implementing data-driven strategies to enhance supply chain efficiency and reduce lead times. To reduce waste, optimize procurement workflows, and improve quoting accuracy.
Education
Evergreen High School
High School
2009 — 2013
Colorado State University
Bachelor’s Degree, Financial Planning with Certificate of Business-to-Business Selling
2013 — 2017
Skills
- Sales
- Heavy Lifting
- Stressful Situations
- Microsoft Powerpoint
- Leadership
- Customer Satisfaction
- Communication
- Time Management
- Teamwork
- Strategic Planning
- Social Media
- Critical Thinking
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