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Costing Engineer (Proprietary Commodity)

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Costing Engineer- Proprietary


Experience: 6- 12 yrs

Job Location: Pune


Educational Qualification: Graduate (B.E./B. Tech) in Automobile / Mechanical / Production from a reputed Institute/University.


Technical Skills / JD:

- Need to make Automotive parts cost estimation based on specifications-Specialist in Cost working based for Automotive Systems:

-Such as Under Body & chassis systems such as front suspension module assembly, strut damper assembly, front cradle assembly, control arm assembly, stabilizer bar etc.

- Steering systems, steering knuckle assembly etc.

-Rear suspension module assembly, Rear cradle assembly, rear stabilizer bar, link assembly etc.

-Costing for Wheel & Tire Assy-Braking Assembly: Front brake caliper assembly, rear brake caliper assembly

-Knowledge of Display & Infotainment Parts.

-Knowledge of seating systems will be added advantage.

- Cost Estimation & known how for Proprietary Parts such as Seat Mechanisms, sliding mechanisms, Door Mechanisms, special type of fasteners used in automotive,

-Pricing structure, BOM estimation, building supplier relationship.

-RM / Process / MHR / Markups etc. & data management for sheet metal, casting, forging & machining parts.

-Cost optimization ideas generation based on market reference and competitive parts.

-Proprietary parts database management

-Tooling/Fixturing cost estimation, budgeting & negotiation with Suppliers.

-Support new product launches to ensure that supplier quality meets the required std.

-Implementing various cost calculation techniques e.g. Zero-base costing, activity base costing, directional costing etc. to estimate & budget component prices.

-Should have knowledge of import & export incoterms.

-Calculating & analyzing landed cost to various global zones

-Based on agreement periodic price settlement with suppliers

-Closely collaborating with the VAVE teams & customers to support the implementation of co-strategy and achieve cost saving through sourcing from qualified suppliers locally and globally.

-Drawing reading with GD & T, accordingly, manufacturing process finalization & agreement with supplier & customer.

-Review supplier manufacturing processes, collaborate with suppliers on process improvement and value enhancement opportunities.

-Participate in cross-functional teams in the development of new products or changes related to current products in meeting customer requirements.

-Contribute to continuous improvement activities.

-Produce written reports and make presentations.

-Undertake personal continuous training and development.

-Independently determine approach and assigned tasks.

-To iron out differences between Supplier Quotes and Should Costing (Gap Analysis)

-Worked on Global Projects


Tool Skills:

-CAD Software’s (Catia/NX/Creo/Auto cad)

-Hands on Microsoft office application

- Read & Interpret 2D /3D design drawing reading & process assessment.

-Understanding of Tools like Teamcenter, SAP, ERP etc

-Working knowledge of various costing tools viz. aPriori, Costimeter etc.


General Requirements:

-Expertise in part costing techniques and cost management.

-Practical commercial and project management experience.

-Strong knowledge of sourcing techniques, new part/vend or tooling & development.

-Strong negotiation and terms finalization skills

-Good Analytical Skill, Cost evaluation & negotiation skill

-Good Knowledge of Manufacturing Process & hand on experience in drawing study -2D /3D.

-Relationship Management

-Target Costing / Business perspective.

-Practical commercial and project management experience.

-Strong knowledge of sourcing techniques, new part/vendor development.

-Strong negotiation and terms finalization skills

-Knowledge of TS16949/ISO9001 / Global Standards

- Ability to work in a diverse and dynamic environment.

-Strong in data analytics, data presentation & reporting

-Good Analytical Skill, Cost evaluation & negotiation skill

-Good Knowledge of Manufacturing Proc ess & hand on experience in drawing study -2D /3D.

-Manage & upgrade cost data base for global market.

-Possess the ability to solve problems and take a decision quickly.

-Able to co-ordinate with multiple teams located at multiple locations.

-Category Management, negotiation, cost optimization, spend management, & Low-cost country cost data base.

-Knowledge of selection of ideal manufacturing processes.

- Knowledge of Cost Reduction Cost Improvements.

- Knowledge of Most techniques, Component Cost Benchmarking, VAVE


Experience: 6-12 yrs(Industry Preferred: Automobile/ Farm Industry)

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