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3.0 - 7.0 years
4 - 9 Lacs
Chennai
Work from Office
Role & responsibilities Cost Estimation & Analysis: Develop detailed cost models for automotive parts, assemblies, and full vehicles based on BOM (Bill of Materials), labor, overhead, and material inputs. Prepare cost estimates for new product introductions (NPIs), design changes, and customer quotes (RFQs). Analyze variances between estimated and actual costs and investigate root causes. Product Lifecycle Costing: Track and manage product costs from prototype through to mass production. Support make-or-buy decisions by evaluating internal vs. outsourced manufacturing costs. Cross-functional Collaboration: Work closely with engineering, purchasing, and manufacturing teams to collect cost inp...
Posted 4 months ago
2.0 - 5.0 years
2 - 5 Lacs
Mohali
Work from Office
Educational qualification &experience profile: B. Tech / B.E / Diploma (Mechanical/Industrial Engineering), having 2+ years of experience in the field of part costing for any of the 2 modules Sheet Metal, Forging & M/cing, Casting and Plastic Injection Moulding. Role Description: 1. Expertise to evaluate zero base costing from drawing & samples. 2. Knowledge of manufacturing processes and identification of cost reduction opportunities. 3. Knowledge of Industry Benchmark norms and Machine Hour Rate calculation. 4. Knowledge of purchasing process and inflation/deflation adjustment. 5. Ability to develop strategic program & project goals. 6. Track project development timelines & monitor perform...
Posted 4 months ago
2.0 - 4.0 years
3 - 4 Lacs
Bengaluru
Work from Office
Responsibilities: * Develop cost estimates using Should Costing methodology * Analyze costs for value optimization opportunities * Implement cost-saving initiatives through Value Engineering Food allowance Health insurance Provident fund Annual bonus
Posted 4 months ago
6.0 - 8.0 years
7 - 11 Lacs
Hyderabad
Work from Office
Ability to Interpret drawing per customer specification, to understand customer requirement. Estimates and validates shouldcost across machining, castings, sheet metal, composites, wiring harnesses, special processes, etc. Develops bottomup cost models and uses tools like aPriori, DFMA, Lean Cost, Costimator, and Excel based cost models. A solid understanding of machine burden rate calculations and process runtime estimations, including theoretical calculations for various machining operations. Knowledge of product assembly operations and product qualification tests in the aero industry. Leads Teardown analysis, VAVE, and competitive benchmarking to drive cost improvements. Establishes produ...
Posted 4 months ago
3.0 - 7.0 years
4 - 9 Lacs
Bengaluru
Work from Office
Job Brief: Acufore is seeking a Costing Engineer , to work in a balanced environment of fast growing company with established clienteles. Job Description: -Identification of potential suppliers and finalization based on consideration of norms. -Preliminary discussion for manufacturability with supplier. -New and alternate Vendor Development. -Knowledge in International Freight. -Experience in handling the customer and manufacturer with good communication skill. -Having Hands on experience in Solidworks and MS office -Attending Customer pre-design discussions,project kick-offs calls and providing development engineering support. -Should have knowledge of developing design concepts,engineering...
Posted 4 months ago
8.0 - 13.0 years
17 - 30 Lacs
Ballabhgarh, Pune, Jaipur
Work from Office
JOB DESCRIPTION Work experience in Cost Engineering/ Should Costing/ ZBC/ Cost Estimation of fabrication commodity. Experience of Cost mapping for NPI projects at machine level and BOM Cost management of current products. Experience of working with other stake holders like Design, Purchasing, Finance and Program management. Experience in fabrication of Heavy Construction Equipment/ Heavy Machinery. Good knowledge of fabrication and other manufacturing processes. Experience of competition study and benchmarking of the similar parts/machines etc. Experience of handling VA/VE and cost reduction projects. Good communication and interpersonal skills. Good analytical and problem-solving skills. Ex...
Posted 4 months ago
3.0 - 7.0 years
5 - 7 Lacs
Hoshiarpur
Work from Office
Role: Engineer Zero-Based Costing (ZBC) Casting & Machining Components (Tractor Industry) Responsibilities: Develop Zero-Based Costing (ZBC) models for casting and machining components. Analyze part drawings, material specifications, and manufacturing processes to estimate the true manufacturing cost . Evaluate raw material costs, process cycle times, labor, overheads, machine hour rates , and tooling costs . Collaborate with design, procurement, supplier quality , and manufacturing teams to validate costing assumptions. Benchmark components and processes across suppliers and competitors to identify cost reduction opportunities . Work closely with suppliers to verify cost drivers and challen...
Posted 4 months ago
10.0 - 17.0 years
22 - 30 Lacs
Bengaluru
Work from Office
All about you Education: Engineering Degree (BE/BTech) is mandatory Minimum 10+ years of experience in Should costing, Zero Based Costing & Bid, Tender Evaluation from Project based Manufacturing Industries. Knowledge of product costs and operational flows Familiarity with financial rules and contractual aspects A certification in Value Analysis or Cost Management is beneficial Strong communication skills and comfort in international and multicultural environments A proactive approach with the ability to deliver on-time Your future role Take on a new challenge and apply your comprehensive cost management expertise in a new cutting-edge field. Youll work alongside dedicated, detail-oriented, ...
Posted 4 months ago
4.0 - 9.0 years
8 - 17 Lacs
Pune
Work from Office
Dear Candidate, Are you a numbers-driven engineering professional with a passion for cost optimization and product value enhancement ? Join our team as a Cost Engineer / Should Cost Specialist and help shape the future of Heavy Construction Equipment manufacturing! Role Overview: We're looking for a talented professional experienced in Should Costing / ZBC / Cost Engineering specifically for fabrication commodities in heavy machinery. Key Responsibilities: Execute cost estimation, ZBC , and should-cost analysis for fabricated components. Lead cost mapping for NPI projects and manage BOM-level cost for existing products. Collaborate cross-functionally with Design, Purchasing, Finance, and Pro...
Posted 4 months ago
10.0 - 15.0 years
13 - 17 Lacs
Bengaluru
Work from Office
Date 23 May 2025 Location: Bangalore, KA, IN Company Alstom Req ID:476073 Could you be the full-time Bid Costing Manager in our dynamic team located in Bangalore were looking for Your future role Take on a new challenge and apply your comprehensive cost management expertise in a new cutting-edge field. Youll work alongside dedicated, detail-oriented, and collaborative teammates. You'll lead and manage all costing and pricing aspects of a tender, contributing significantly to the creation of competitive and successful bids. Day-to-day, youll work closely with teams across the business (Engineering, Finance, Industrial, Procurement, etc.), support bid and project teams with cost analysis, and ...
Posted 4 months ago
2.0 - 6.0 years
3 - 8 Lacs
Vadodara
Work from Office
• B.E. in Mechanical Engineering with 3 to 5 years of Automotive, T& OH, Tractor industry experience as Should costing engineer. • Working exposure to manufacturing processes of various engineering commodities (Sheet metal, Machined items, Plastic, Rubber, assemblies, etc.) experience in Plastic & sheet metal is primarily. • Hands on exposure to new product development with supplier end. Technical support to vendor for process mapping, machine selection • Cost calculations for reference/target cost and negotiations for new components • Understanding of cost and drivers and independent cost calculations with minimal support • Knowledge about different machines, machines hourly rate, MHR, over...
Posted 4 months ago
8.0 - 12.0 years
8 - 15 Lacs
Kolhapur, Pune
Work from Office
Role & responsibilities Sourcing manager will be responsible for identifying, evaluating, and managing suppliers to ensure the timely and cost-effective procurement of high-quality iron castings. He will collaborate closely with internal stakeholders to understand their requirements, negotiate contracts, and implement sourcing strategies to optimize supply chain efficiency.
Posted 4 months ago
2.0 - 7.0 years
4 - 9 Lacs
Bengaluru
Work from Office
Job Overview TE Connectivity's Procurement Business Process Teams develop and deploy procurement processes, systems, reporting and audits compliance. They drive continuous improvement throughout the procurement function, develop and maintain procurement systems, tools and databases such as vendor master files, e-procurement quotation tool, procurement web page, supplier portal, SharePoint and the like. They conduct regular external benchmarking to stay abreast of procurement best practices, run procurement reports and perform analysis to identify trends, opportunities, threats and needed course correction as well as lead facilitation of procurement training and development. Responsibilities ...
Posted 4 months ago
2.0 - 7.0 years
4 - 9 Lacs
Bengaluru
Work from Office
Job Overview This is a full-time position in TE Connectivity Global Procurement Center of Excellence Team. The team focuses on continuous improvement of suppliers using cost analytics tools including cost estimation, cost breakdown, cycle time, and process analysis. The Cost Modeling Analyst will identify, validate, and implement cost and process improvement opportunities. The candidate will work with cross functional teams to analyze TE products and find ways to improve productivity across all business units. This requires collaboration with Business Units, Engineering, Supply Chain, Procurement, Logistics, and Suppliers. Responsibilities Lead and manage multiple cost estimation projects si...
Posted 4 months ago
6.0 - 11.0 years
5 - 15 Lacs
Chennai
Work from Office
• Working exposure to manufacturing processes of various engineering commodities (Sheet metal, Machined items, Plastic, Rubber, assemblies, etc.) experience in Plastic & sheet metal is primarily. • Hands on exposure to new product development with supplier end. Technical support to vendor for process mapping, machine selection • Cost calculations for reference/target cost and negotiations for new components • Understanding of cost and drivers and independent cost calculations with minimal support • Knowledge about different machines, machines hourly rate, MHR, overheads & Profit etc. Supplier quote analysis and providing comprehensive report / negotiation dossier to Commodity team for Price ...
Posted 4 months ago
2.0 - 6.0 years
2 - 7 Lacs
Pune, Ahmedabad, Vadodara
Work from Office
• Working exposure to manufacturing processes of various engineering commodities (Sheet metal, Machined items, Plastic, Rubber, assemblies, etc.) experience in Plastic & sheet metal is primarily. • Hands on exposure to new product development with supplier end. Technical support to vendor for process mapping, machine selection • Cost calculations for reference/target cost and negotiations for new components • Understanding of cost and drivers and independent cost calculations with minimal support • Knowledge about different machines, machines hourly rate, MHR, overheads & Profit etc. Supplier quote analysis and providing comprehensive report / negotiation dossier to Commodity team for Price ...
Posted 4 months ago
8.0 - 12.0 years
10 - 12 Lacs
Kishanganj
Work from Office
Role & responsibilities Understand the process engineering specifications including the various treatments covered under primary, biology, and tertiary thoroughly to develop & control sewage water & Effluent process, optimization & support. Perform Process & Hydraulic calculations & its optimization. Independently perform the task and can mentor peers. Controlling the manpower for operations including on-roll and contractual. Individual unit/Project planning & scheduling. Essential daily, periodical, and breakdown maintenance for ETP. Store including chemicals inventory operations and control. Communicate with cross-functional and cross-cultural teams. Willing to travel to local/global sites...
Posted 4 months ago
3.0 - 8.0 years
0 - 0 Lacs
Chennai
Work from Office
Greeting From INTELIZIGN! We have opening for costing Engineer. Work Experience: 3 Years Work Location: Chennai Relevant Experience: Direct/Indirect Costing/NPD Notiece Period: 30 days Cost Estimation of new development Parts to customers. • Fixing of Stroke cost for press machines & hour rate cost for various CNC machines being used for production to suppliers. • Review & finalization of child parts price to suppliers. • Revision of sales price to customers based on raw material cost/process cost/scrap cost fluctuations in the market. • Making Report about Total Purchase & Sales Target vs. Actual. • Estimation of Tool cost for new product development items and engineering order change items...
Posted 4 months ago
5.0 - 10.0 years
7 - 11 Lacs
Pune
Work from Office
Job Title : Should Costing Engineer Plastic, Rubber & FRP Parts Experience : 6 to 10 Years Qualification : B.E. in Mechanical / Production Engineering Job Responsibilities Develop detailed should-cost models for plastic, rubber, and FRP parts using technical specifications, 2D/3D drawings, and BOMs. Analyze manufacturing processes such as injection molding, compression molding, extrusion, rotational molding, and FRP to estimate cost drivers. Identify cost-saving opportunities through design and process optimization recommendations. Evaluate material selection, tooling approaches, machine utilization, and process cycle times to build cost-effective solutions. Maintain a comprehensive database...
Posted 4 months ago
3.0 - 7.0 years
5 - 9 Lacs
Hyderabad
Work from Office
The Cost Engineer is responsible for complete estimating of products, subassemblies, or components in response to various requests. This role involves directing cost calculations for manufacturing and assemblies, mainly in Electromechanical products. It requires expertise in identifying manufacturing methods, special operations, inspection techniques, and estimating associated costs. The position also includes mentoring junior team members and collaborating with clients to identify cost-reduction opportunities. SKILLS / COMPETENCE: Ability to interpret drawings per customer specifications, including PCBA schematics and Gerber files, as well as identify parts and costs. Teardown Costing & Exp...
Posted 4 months ago
8.0 - 13.0 years
2 - 6 Lacs
Hyderabad
Work from Office
We are looking for an experienced Should Costing Engineer with 8+ years of expertise in cost analysis and supplier negotiation. The ideal candidate will be responsible for conducting benchmarking analyses, preparing cost estimation reports, and managing communication with stakeholders and suppliers. Key Responsibilities Perform comprehensive benchmarking analysis for components, assemblies, and overall products to identify cost-saving opportunities. Understand customer requirements and develop or apply appropriate should costing methods for accurate component/product cost estimation. Prepare and present detailed analytical reports on product costs, covering parts, assemblies, and overall pro...
Posted 4 months ago
8.0 - 14.0 years
8 - 14 Lacs
Bengaluru / Bangalore, Karnataka, India
On-site
Take on a new challenge and apply your comprehensive cost management expertise in a new cutting-edge field. You'll work alongside dedicated, detail-oriented, and collaborative teammates. You'll lead and manage all costing and pricing aspects of a tender, contributing significantly to the creation of competitive and successful bids. Day-to-day, you'll work closely with teams across the business (Engineering, Finance, Industrial, Procurement, etc.), support bid and project teams with cost analysis, and much more. You'll specifically take care of Should Costing and Zero Based Costing analyses, but also support the bid manager in the preparation of the Instruction For Quotation (IFQ). Developing...
Posted 4 months ago
4.0 - 9.0 years
6 - 8 Lacs
Pune
Work from Office
RFQ process and Supplier Selection process Price settlement of Aluminium Extrusion components Long term contracts with suppliers Should costing and Zero base costing Understand Aluminium Extrusion and their processes and application Ongoing Price increase or reduction VAVE activities, Price Containment Supplier Risk Management & Mitigation Differential Sourcing Strategy Benchmarking of Technology & Prices in Industrial Supplier Relationship Management Negotiation with suppliers Data Analysis to identify potential saving opportunity Project management Spend analysis, SAP Commodity wise price trend
Posted 4 months ago
6.0 - 11.0 years
8 - 15 Lacs
Pune
Work from Office
RFQ process and Supplier Selection process Price settlement of Plastic & Rubber components Long term contracts with suppliers Should costing and Zero base costing Understand Plastic and their processes and application like (Plastic extrusion, Injection / Blow / Compression Moulding, Thermoforming, Vacuum forming) Ongoing Price increase or reduction VAVE activities, Price Containment, Supplier Risk Management & Mitigation, Differential Sourcing Strategy Benchmarking of Technology & Prices in Industrial, Supplier Relationship Management Negotiation with suppliers Data Analysis to identify potential saving opportunity Project management Spend analysis, SAP Commodity wise price trend
Posted 4 months ago
8.0 - 13.0 years
5 - 9 Lacs
Bengaluru
Work from Office
At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. Job Overview TE Connectivity s Product Engineering Teams optimize existing products from information or input provided by marketing, customers, Operation Teams, Development Engineers or other employees. They maintain existing products, processes, and specifications including modifications for new applications consistent with manufacturing techniques and economies. They also initiate and implement programs to continuously improve quality, and cost, while meeting customer requirements and may support and implement product extensions to exis...
Posted 4 months ago
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