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JSW MG Motor India
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Costing Engineer

Costing Engineer

JSW MG Motor India

3 - 8 years

6 - 11 Lacs

Halol Vadodara

Posted:1 month ago| Platform:

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Skills Required

Cost benchmarking Engineering FX cost factor analysis Cost Management Cost Modeling

Work Mode

Work from Office

Job Type

Full Time

Job Description

Analyze cost factors and drivers related to automotive components, systems, and processes. Develop cost models and targets for automotive projects, considering materials, labour, and overhead expenses. Collaborate with cross-functional teams to identify cost-saving opportunities and value engineering solutions. Monitor and track RM/ Fx trend to identify cost reduction opportunities. Stay updated on industry trends, market dynamics, and regulatory requirements affecting automotive manufacturing costs. Support Purchase team in negotiating with suppliers to achieve optimal pricing and contractual terms. Participate in cost benchmarking activities to assess competitiveness and identify areas for improvement. Assist in the development of cost management strategies and continuous improvement initiatives. Communicate effectively with internal stakeholders and external partners to ensure alignment on cost objectives and priorities.

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Costing Engineer