Cost Engineer

4 - 5 years

5 - 6 Lacs

Posted:4 days ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Part Time

Job Description

Tasks

Knowledge, Skills & Experience

Qualification
  • B.E / B.Tech (Mechanical/Automobile/Production)

Experience

Minimum 4-5 years of automotive experience in the following job titles:

  • Cost engineering
  • Sourcing with estimation knowledge
  • New product development with process knowledge.

Knowledge, Skill & abilities

Essential Knowledge:

  • Hands on Experience in Zero based costing of pipes & hoses, rubber parts
  • Proto cost estimation & Supplier development costing
  • Experience in cost estimation of metal pipes, connectors, Nylon hoses, plastic pipes
  • Updated market knowledge on RM rates, Grades and suppliers.
  • Experience in MHR Calculation
  • Good knowledge of in-house / Supplier assembly process, MHR, Cycle time estimation and testing requirements
  • Should have a knowledge in tool / fixture cost estimation
  • Should be cost conscious and have the drive of VAVE ideas generation

Essential Skills:

  • Good analytical skill
  • Good Negotiation & Convincing skills
  • Excellent Interpersonal and presentation skills
  • Good communication Skill (oral / Written)
  • Teamwork, Flexibility & Willing to work in challenging environment


Attitude & Disposition
  • Should have basic instinct to prove the calculation with proper basics, detailed Process backup etc…
  • Winning attitude
  • Assertive
  • Co-worker collaboration, flexibility to adapt changes.
  • Continuous instinct to challenge, learn and improve.
  • Commitment adherence.

Others
  • Should have hands on experience in MS office (Excel & PowerPoint).
  • Should have interest to learn new calculation methods & related software tools and new commodities
  • Willing to travel
  • German language proficiency is an advantage


Roles and Responsibilities

  • Responsible for REC calculation for all pipes & hoses parts of Trucks & Buses (Nylon hose, Metal pipes, Rubber hose, HVAC Lines, Brake hoses, Clutch hoses, Fuel lines)
  • Define cost effective process for manufacturing various types of pipes & hoses.
  • Variant reduction by communizing the parts & BOP parts like connector, valves communization
  • Prepare quick estimation tools & maintain updated input factor
  • Collect standard parts catalogue & maintain updated price list
  • Cost Evaluation of change request & DTT Idea Generation during Project
  • Negotiation leverage identification in RM, Process & Others
  • Responsible for delivering on site support to procurement & R&D
  • Support procurement to enable successful negotiation with suppliers·
  • Analyzing and reporting the exact cost gap between REC and supplier quote during the time of awarding·
  • Estimation, Validation and negotiation of supplier development and testing cost·
  • Responsible for shared service support like costing, benchmarking to Daimler group companies globally·
  • Responsible for evaluating the cost impact for change management process·
  • Monitor and update calculation input factor like RM rates, MHR rates every year for the respective aggregate and commodity in calculation data base


Knowledge, Skills & Experience

Qualification
  • B.E / B.Tech (Mechanical/Automobile/Production)

Experience

Minimum 4-5 years of automotive experience in the following job titles:

  • Cost engineering
  • Sourcing with estimation knowledge
  • New product development with process knowledge.

Knowledge, Skill & abilities

Essential Knowledge:

  • Hands on Experience in Zero based costing of pipes & hoses, rubber parts
  • Proto cost estimation & Supplier development costing
  • Experience in cost estimation of metal pipes, connectors, Nylon hoses, plastic pipes
  • Updated market knowledge on RM rates, Grades and suppliers.
  • Experience in MHR Calculation
  • Good knowledge of in-house / Supplier assembly process, MHR, Cycle time estimation and testing requirements
  • Should have a knowledge in tool / fixture cost estimation
  • Should be cost conscious and have the drive of VAVE ideas generation

Essential Skills:

  • Good analytical skill
  • Good Negotiation & Convincing skills
  • Excellent Interpersonal and presentation skills
  • Good communication Skill (oral / Written)
  • Teamwork, Flexibility & Willing to work in challenging environment


Attitude & Disposition
  • Should have basic instinct to prove the calculation with proper basics, detailed Process backup etc…
  • Winning attitude
  • Assertive
  • Co-worker collaboration, flexibility to adapt changes.
  • Continuous instinct to challenge, learn and improve.
  • Commitment adherence.

Others
  • Should have hands on experience in MS office (Excel & PowerPoint).
  • Should have interest to learn new calculation methods & related software tools and new commodities
  • Willing to travel
  • German language proficiency is an advantage


Roles and Responsibilities

  • Responsible for REC calculation for all pipes & hoses parts of Trucks & Buses (Nylon hose, Metal pipes, Rubber hose, HVAC Lines, Brake hoses, Clutch hoses, Fuel lines)
  • Define cost effective process for manufacturing various types of pipes & hoses.
  • Variant reduction by communizing the parts & BOP parts like connector, valves communization
  • Prepare quick estimation tools & maintain updated input factor
  • Collect standard parts catalogue & maintain updated price list
  • Cost Evaluation of change request & DTT Idea Generation during Project
  • Negotiation leverage identification in RM, Process & Others
  • Responsible for delivering on site support to procurement & R&D
  • Support procurement to enable successful negotiation with suppliers·
  • Analyzing and reporting the exact cost gap between REC and supplier quote during the time of awarding·
  • Estimation, Validation and negotiation of supplier development and testing cost·
  • Responsible for shared service support like costing, benchmarking to Daimler group companies globally·
  • Responsible for evaluating the cost impact for change management process·
  • Monitor and update calculation input factor like RM rates, MHR rates every year for the respective aggregate and commodity in calculation data base

    Job number:
    2725
    Publication period:
    10/06/2025 - 10/06/2025
    Location:
    Chennai
    Organization:
    Daimler India Commercial Vehicles Private Limited
    Job Category:
    Finance/Controlling
    Working hours:
    Full time
To Location: Chennai, Daimler India Commercial Vehicles India Private Limited

Contact

killivalavan
Email: killivalavan.m@daimlertruck.com

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