96 Should Costing Jobs - Page 4

Role & responsibilities • 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 negotiation discussion with Supplier. • Hands on experience of cost mapping for engineering parts & assemblies. Should be able to define best suited manufacturing process, machine selection, cycle time calculations. • Drawing reading, good knowledge of GD&T.

We are looking for a skilled and detail-oriented Should Costing Engineer to join our team. The candidate will be responsible for performing in-depth cost analysis of components, assemblies, and products to support strategic sourcing decisions.

JD for Should costing requirement 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, overheads & Profit etc. Supplier quote analysis and providing comprehensive report / negotiation dossier to Commodity team for Price negotiation discussion with Supplier. • Hands on experience of cost mapping for engineering parts & assemblies. Should be able to define best suited manufacturing process, machine selection, cycle time calculations. • Drawing reading, good knowledge of GD&T. • Working experience of various should costing software like aPriori, Costimator, TcPCM

Key Responsibilities : • Build and maintain comprehensive zero-based cost (ZBC) models and should-cost estimates for power electronics (Junction box, OBC, DC DC converter) and powertrain components((Motor, Controller, Battery ). • Interpret and analyze engineering drawings, specifications, and BOMs to extract inputs for accurate cost modeling. • Break down and evaluate supplier quotations to identify cost anomalies, value gaps, and negotiation opportunities. • Work closely with Engineering, R&D, Procurement, and Finance to support design-to-cost (DTC) and value engineering (VE) initiatives. • Conduct benchmarking across suppliers and regions for market competitiveness and cost trends. • Track raw material and commodity trends to assess cost impact on critical EV systems. • Provide technical and cost-based support during RFQ processes and commercial negotiations with suppliers. • Assess manufacturing processes such as PCBA, casting, molding, magnetics, winding, welding, and battery module integration. • Participate in supplier audits to validate cost drivers, process capabilities, and tool/equipment cost assumptions. • Prepare cost reports and present findings to senior stakeholders for decision support. Required Qualifications: • Bachelors degree in Electrical Engineering, Mechanical Engineering, Electronics, or related field. • 4+ years of experience in costing, technical procurement, or product development in the EV or automotive industry, specifically in power electronics and powertrain systems. • Expertise in zero-based costing, should-cost modeling, and detailed cost breakdown analysis. • Ability to interpret complex technical drawings, 3D models, BOMs, and engineering documents. • Familiarity with manufacturing processes for inverters, motors, battery packs, and PCBAs. • Proficient in Excel, cost modeling tools, and ERP systems (SAP, Oracle, etc.). • Strong communication skills to interface with engineering teams and suppliers, and support negotiation efforts.

Job Summary: We are seeking a highly analytical and technically sound Costing Electrical to join our Supply Chain Management team. This role focuses on the costing of high-voltage (HV) and low-voltage (LV) cables, wiring harnesses, and lighting systems in electric vehicles. The position requires proficiency in zero-based costing (ZBC), should-costing methodologies, and engineering drawing interpretation, along with strong collaboration skills to support sourcing decisions and supplier negotiations. Key Responsibilities: • Develop and maintain zero-based cost (ZBC) models and should-cost estimates for HV/LV cables, connectors, and lighting components. • Analyze engineering drawings, BOMs, and specifications to extract technical details for accurate cost modeling. • Evaluate supplier quotations and provide cost breakdown analysis to support fact-based negotiations and cost optimization. • Work closely with cross-functional teams (Engineering, Procurement, R&D, Finance) to influence cost effective design choices and validate manufacturing feasibility. • Benchmark electrical component costs across suppliers, regions, and industry standards. • Monitor commodity pricing trends (e.g., copper, plastics, connectors) and assess their impact on total product cost. • Participate in the RFQ process, supplier selection, and commercial negotiations by providing clear cost justifications and data-driven insights. • Conduct value engineering (VE) and design-to-cost (DTC) initiatives for electrical systems. • Support supplier audits and visits to verify production processes, cost drivers, and tooling assumptions. Required Qualifications : • Bachelor's degree in Electrical Engineering, Electronics, or a related field. • 4 + years of experience in costing, product development, or sourcing within the automotive or EV industry, with specific focus on electrical systems. • Hands-on experience with zero-based costing and should-cost models for wiring harnesses, lighting systems, and related components. • Strong understanding of electrical drawings, 2D/3D CAD, BOM structures, and technical specifications. • Proficiency in cost modeling tools (Excel, ERP systems such as SAP or Oracle). • Excellent analytical, communication, and negotiation support skills. • Ability to collaborate effectively across departments and with external suppliers.

Key Responsibilities : Develop and maintain combined costing models for sheet metal components along with forged and machined parts, considering material, process, tooling, and overhead elements. Create detailed should-cost and zero-based cost (ZBC) models using technical and commercial inputs. • Interpret engineering drawings, GD&T, and BOMs to evaluate manufacturability and estimate accurate production costs. Analyze supplier quotations and breakdowns to identify cost gaps, process inefficiencies, and negotiation levers. Collaborate with Engineering, Sourcing, and Design teams to support design-to-cost (DTC) and value engineering (VE) efforts. • Evaluate and benchmark tooling requirements (progressive dies, jigs, fixtures, machining tools) and associated amortization strategies. • Assess manufacturing processes such as stamping, deep drawing, welding, forging (hot/cold), CNC machining, and surface treatments. • Monitor material and commodity trends (steel, aluminum, special alloys) to assess market impacts on cost structures. • Support sourcing and commercial teams in supplier negotiations using data-driven cost justifications. • Conduct supplier site visits and audits to validate cost assumptions and production methods . Required Qualifications: • Bachelors degree in Mechanical Engineering, Industrial Engineering, or related technical field. • 4+ years of experience in costing, manufacturing engineering, or sourcing within the automotive or EV industry. • Solid hands-on experience with sheet metal fabrication, forging, machining, and tooling processes. • Expertise in combined costing models, zero-based costing, and cost breakdown analysis. • Ability to read and interpret engineering drawings, CAD models, and tolerance specifications. • Proficient in Excel-based cost modeling and ERP systems (e.g., SAP, Oracle). • Strong analytical, technical, and communication skills to collaborate across teams and suppliers.

Urgent Hiring in Genpact!! Costing Engineer Mechanical | Bangalore Location: Bangalore Work From Office Experience Required: 2 to 10 years Education: B.E / B.Tech Mechanical Engineering Industry: Manufacturing / Engineering / Automotive / HVAC Functional Area: Engineering Design, R&D, Product Costing Employment Type: Full Time, Permanent Job Description: We are hiring a Costing Engineer with strong experience in mechanical should costing, VAVE, and product cost analysis. If you are passionate about product cost optimization and have a deep understanding of manufacturing processes and commodities like sheet metal, plastic, casting, forging, and machining we want to hear from you! Key Responsibilities: Prepare should costing , zero-based costing , and benchmarking reports for mechanical components. Analyze manufacturing processes and support cost estimation with supplier inputs. Work with VAVE teams to identify and implement cost reduction opportunities. Create and maintain cost estimation templates to improve quoting accuracy. Handle Item Master data , BOM structure , and support engineering change management . Collaborate with sourcing, design, and program teams for cost evaluation and value analysis. Utilize costing tools like aPriori, TCPCM, Boothroyd (preferred). Candidate Profile: Qualification: B.E/B.Tech Mechanical Experience: 2+ years in costing/VAVE/benchmarking roles Strong knowledge of manufacturing commodities : casting, stamping, forging, sheet metal, machining Hands-on experience with costing tools (aPriori/TCPCM/Boothroyd preferred) Good understanding of SAP , data analysis, and Excel tools Excellent communication , analytical , and problem-solving skills HVAC product knowledge is a plus Why Join Us? Work on challenging projects with industry-leading tools and methodologies Collaborate with cross-functional teams and global stakeholders Be a key contributor in product cost optimization and value engineering

FOR BETTER RESPONSE FROM RECRUITERS FORWARD YOUR RESUME ON sv7@svmanagement.com Roles and Responsibilities: Zero base costing of Proprietary Parts / Sheet Metal/ Rubber/Plastic. Prices quarterly movements as per consideration of market fluctuation, negotiations with suppliers as per ZBC Quarterly Inflation / Deflation settlement with suppliers based on commodity movement in previous quarter. Project Management for all VAVE projects. Monthly tracking of RM prices Candidates Profile: Cost Analysis, Knowledge of component costing for various parts Knowledge of Design to Cost / VAVE /cost reduction Expertise in techno commercial negotiation skills and cost reduction skills. Knowledge in Automobile technology and Parts is must.

FOR BETTER RESPONSE FROM RECRUITERS FORWARD YOUR RESUME ON sv7@svmanagement.com Roles and Responsibilities: Zero base costing of Proprietary Parts / Sheet Metal/ Rubber/Plastic. Prices quarterly movements as per consideration of market fluctuation, negotiations with suppliers as per ZBC Quarterly Inflation / Deflation settlement with suppliers based on commodity movement in previous quarter. Project Management for all VAVE projects. Monthly tracking of RM prices Candidates Profile: Cost Analysis, Knowledge of component costing for various parts Knowledge of Design to Cost / VAVE /cost reduction Expertise in techno commercial negotiation skills and cost reduction skills. Knowledge in Automobile technology and Parts is must.

Job Summary: We are seeking a highly skilled and detail-oriented Lead Engineer - Costing with expertise in cost analysis, spend analysis, should-costing, and value engineering for "Make as per Print" parts and OEM/Commercial components. The ideal candidate will possess a solid understanding of engineering processes, manufacturing methods, and design principles to accurately estimate costs and ensure competitive pricing. This role requires strong analytical capabilities, including spend and cost optimization strategies, and the ability to collaborate effectively across departments to drive cost efficiency while maintaining product quality and engineering excellence. Key Responsibilities:. Conduct detailed cost analysis for manufacturing "Make as per Print" parts and OEM/Commercial components . Develop should-cost models based on manufacturing processes, material usage, labor, tooling, and overhead. Evaluate supplier quotations to ensure cost competitiveness. Perform comprehensive spend analysis to identify cost-saving opportunities by analyzing purchasing patterns, material consumption, and supplier spend data. Segment and classify spending into categories to identify trends and opportunities for cost optimization. Support the development of procurement strategies by identifying high-spend areas and benchmarking costs across the market. Utilize data analytics tools (e.g., Excel, Power BI, or similar software) to provide insights into spending behavior and recommend actionable improvements. Understand and analyze engineering drawings, specifications, and design requirements. Collaborate with design and engineering teams to ensure manufacturability and cost optimization. Identify opportunities for cost reduction without compromising quality or design integrity. Work closely with suppliers to analyze cost drivers and negotiate pricing. Validate supplier capabilities and ensure alignment with project requirements. Drive value engineering initiatives to enhance cost efficiency. Perform cost variance analysis to identify areas of improvement. Prepare detailed cost breakdowns and cost models for stakeholders. Maintain a database of standard costs for materials, processes, and components. Support procurement, sourcing, and supply chain teams with cost inputs. Coordinate with cross-functional teams (engineering, manufacturing, and quality) to ensure seamless project execution. Finding more cost-effective alternatives to current products or services and reducing unnecessary or redundant spending. Engage in techno-commercial discussions and provide strategic support to supply chain leaders across group companies globally, ensuring alignment on cost, quality, and delivery objectives. Technical Skills : Strong understanding of manufacturing processes (CNC machining, Fabrication, casting, forging, sheet metal, Assembly etc.) and engineering materials. Proficiency in reading and interpreting engineering drawings (GD&T knowledge is a plus). Familiarity with cost estimation tools and software. Knowledge of design processes and product lifecycle management (PLM). Soft Skills: Excellent analytical and problem-solving abilities. Strong communication and negotiation skills to interact with suppliers and internal stakeholders. Ability to work independently and in cross-functional teams. Additional Preferences: Knowledge of industry standards and benchmarks. Exposure to global supply chains and cost structures. Required Education and Experience: Bachelors degree in mechanical engineering or a related field. 8+ years of experience in cost estimation, should-costing, spend analysis, or cost engineering, preferably in manufacturing or automotive industries.

Seeking a Should Cost Analyst with 5+ yrs exp in plastics, rubber & composites for one of our client. Expertise in Injection & Blow Molding, cost modeling, process analysis, tooling estimation & value engineering to drive cost optimization.

About Amor Management Consultants: Seasons Greetings!! from Team Amor India only Talent Acquisition Firm dedicated to servicing the Talents from the Auto OEM and Tier -1 Domain. With over 20+ years of experience,100+ Leadership/CxOs placements spread across Automotive, Energy and Manufacturing Domain partnering with the very best of Indian Conglomerates and Fortune 500 Companies PAN India. Team Amor has a successful track record of complete completing 60+ Greenfield Projects & atleast 10+ Technology Centres/ R&D/Product Engineering Verticals partnering with Automotive leaders and global clients over the years for Ford, Renault Nissan, General Electric (GE), Asia Motor Works, Daimler Commercial Vehicles, Tata Motors, Suzuki Motors Gujarat, M&M, Magna Group, Faurecia, Valeo and Many more. Position : Manager - Costing Exp : 6+ years Location : Bangalore. Key Responsibilities : Costing Analysis & Reporting : Prepare and maintain accurate cost sheets for all products, including raw materials, labor, overheads, and other costs. Perform periodic analysis of costs for production, inventory, and overheads, and provide insights to improve cost efficiency. Develop and implement cost models and ensure that accurate data is used for cost calculations. Inventory Management : Monitor and control raw material and finished goods inventory to ensure proper valuation. Work with the production team to identify any cost discrepancies between standard and actual costs. Budgeting & Forecasting : Assist in preparing annual and monthly budgets related to manufacturing costs. Work closely with other departments (e.g., production, procurement) to ensure cost targets are met and forecast variances are understood. Product Pricing : Assist in setting product pricing based on accurate costing and market analysis. Evaluate and suggest cost optimization strategies to maintain competitive pricing. Cost Control : Identify and analyze areas where costs can be minimized without compromising quality. Provide management with recommendations for cost-saving initiatives, ensuring alignment with business goals. Internal Controls & Compliance : Ensure compliance with financial and cost accounting standards. Implement and maintain effective internal controls for cost-related processes. Liaise with auditors to ensure transparency and proper accounting practices. Data Analysis & Reporting : Generate detailed cost reports for senior management, highlighting key trends, variances, and areas of concern. Provide management with actionable insights based on cost data, supporting strategic decision-making. If anyone is interested in this opportunity. kindly share your updated CV to the given mail id: hr37@amormc.com

Immediate Joiner (within 1 month) – Should Costing Engineer. Seeking a detail-oriented professional to conduct in-depth cost analysis of components, assemblies, and products, supporting strategic sourcing and cost optimization.

Skills: Plastics manufacturing, tooling cost estimation, supplier validation, 2D/3D analysis, cost modeling, SAP, analytical skills, documentation, global collaboration, process selection, benchmarking, material & labor analysis.

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 product structures. Collaborate with internal and external stakeholders, ensuring clear communication of cost analysis, methodologies, and conclusions. Negotiate costs with suppliers, ensuring that project budgets and cost targets are met while maintaining high-quality standards. Conduct market research to stay updated on material prices, manufacturing processes, and industry cost trends. Engage in continuous improvement initiatives to enhance cost estimation accuracy and efficiency. Required Skills: Strong experience in product benchmarking and cost analysis. Proficiency in developing cost estimation models. Excellent communication skills for working with stakeholders and suppliers. Proven ability in cost negotiations with suppliers and vendors.

: Responsible for bench marking analysis for the overall products Understanding customer requirements, use or develop suitable should costing methods for Component/Product estimation Preparation/presentation of analytical reports and part/assemblies/products Good communication with stakeholders, vendors Expertise in handling suppliers for cost negotiations Essential Skill set: Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement Investigate and identify cost reduction opportunities through cost analysis review Contribute to cost monitoring and reporting systems and procedures and monitor trends Knowledge on using Apriori , Costomator or any specific tool used for should costing Develop templates for costing related to Components/Assemblies/Products, preferably in the field Metals and Plastics Analyze supplier quotes and provide information and data, which aids communications with suppliers and customers and achieves cost optimization. Ensure supplier quotations meet should cost estimates Support supplier meetings and negotiations to challenge quotation prices and aim for cost reductions to meet target costs Desired Skill Set: Strong analytical skills Strong technical mindset and able to read and interpret technical data and translate to others Highly numerate with the ability to research, assemble manage and manipulate numerical information Good planning, communication and interpersonal skills Self-motivated and highly organized Qualification: B.E/M. E Mechanical/Diploma or similar domain

Its an Urgent Position. Revert on-sv7@svmanagement.com Role & Responsibilities- Highly experienced and strategic professional to lead the Sourcing and Commercial function for Automotive Division . The role will be responsible for supplier development, price panel management, cost negotiations, global sourcing , and impacts, ensuring cost-effective procurement aligned with business objectives. Essential for analyzing market data, identifying trends, and developing effective pricing strategies. Candidate- Bachelors Degree in Engineering or related technical discipline (Mechanical/Automobile preferred). MBA in Supply Chain or Operations is a plus. Minimum 15 years of experience in strategic sourcing, preferably in the automotive/automobile industry . Proven expertise in cost negotiations, price panel management, and global sourcing . Sound knowledge of regulations, customs duty structures, and import management. Strong analytical, negotiation, and vendor management skills. Familiar with SAP or other ERP systems, cost modeling, and should-cost analysis. Excellent communication and stakeholder management abilities.

Role & responsibilities 1.Should Costing of industrial commodities like Mechanical, chemical & Packaging e.g. pumps, Blowers, precision machined parts, fabricated structures, Skids, Pipes, enclosures, chemicals ( ethanol, Potassium hydroxide etc.) 2. Develop project schedule, plan deliverables, coordinate with various engagements/team and manage work packages. 3. Work with customer technical & sourcing teams & coordinate to propose/achieve cost savings 4. Participate in project activities, provide technical solutions in line with product cost reduction opportunity. 5. Develop should cost models envisaging optimum manufactucturing methods/ processes in a production environment, present cost reports to stakeholders & participate in negotiations. 6. Must have Good knowledge of component Design, Development and production phases. 7. Experience working in Manufacturing engineering, Costing and shop floor exposure. 8. Good Working knowledge of Excel based costing. Knowledge of aPriori & Boothroyd 9. Knowledge of product manufacturing [Casting, Machining, Molding, Powder metallurgy, Rapid Prototyping, Heat treatment, Surface coating, Painting, Welding, etc.] 10. Expert knowledge /domain expertise in manufacturing, Casting, forging, composite maligning, machining, stamping, forming, assembly, transportation, packaging and chemicals 11. Experience in Teardown activities 12. Add value to customer in should cost analysis and realising cost reduction opportunities Required Skills (Technical Competency): Good knowledge on various Industrial products, manufacturing processes including specials process, tools required to produce parts ( Mechanical, Chemical & packaging) Fully conversant in reading and understanding Engineering & Manufacturing Drawings Sound knowledge interpreting the GD&T (standards ASME Y 14.5 )and special processes Sound knowledge in costing methodology and able to develop bottom up costing breaking down to maximum possible detail. Hands on experience in calculating process cycle time and develop process activity rate database. Able to substantiate cost savings and negotiate supplier with facts and figures

Job Summary- Tricords vision is to become our customer’s first name in Global Supply Chain management. It is in that entrepreneurial spirit that we are seeking an energetic and motivated individual who is passionate about helping to grow the business by starting a career in international sourcing. This individual will be primarily responsible for leading complex costing analyses on all new and requoted projects for Tricord International. The Deputy Manager- Costing will be measured quarterly on their performance. Job Functions- Own complete costing for new projects across multiple processes. Benchmark quotes against historical data and market rates. Gather raw material rates, labor, and machine hour data Maintain costing template updates and version control Perform detailed costing for all new projects. Engage with suppliers to negotiate pricing Drive strategic cost reduction initiatives across supplier base Collaborate with finance and leadership on profitability impact assessments. Perform feasibility studies to determine supplier readiness and capabilities. Manage maintenance of raw material historical data sheets. Attend weekly sales review meetings to communicate negotiation progress with sales team. Approve standard operating procedures for future costing processes. Continued education on costing practices for processes not in competency

Role & responsibilities Inquiry handling, cost working, price estimations a) Ability to handle & overall control for cost estimation of Pumps, Spares, Service, Valves & Precision machined parts. b) Final control for costing of process like heat treatment/ various types of coating / painting / platting etc. in the view of cost working & estimations. c) Knowledge of steel / stainless steel market rates. d) Knowledge of machine hour rates & its calculations. e) Knowledge of transport cost estimations. f) Knowledge of overall factors involved in cost working to estimate Should Cost of precision machined parts. g) Final control for maintaining enquiry register against customer enquiries. h) Responsible for conducting feasibility review & applicable PDPP against new product inquiries. i) Co-ordination with concern Departments like Purchase/ Production / Quality Dept. for costing inputs for new products. j) Preparation of final pricing & estimations for precision machined parts. k) Responses to customers for their enquires with business proposals. l) Knowledge of cost analysis for estimated V/S actual. m) Overall Profit / loss analysis against project costing. n) Knowledge of terms & conditions for business proposals like incoterms/ payment terms/ Credits/ Bank guarantees/ offer validities / warranty clauses etc. o) Familiarity with manufacturing processes, BOM structures, and cost control techniques p) Keeping track of customer/marketing team enquiries through enquiry registers in order to track enquiry to firm orders conversion rate. q) Supporting the marketing team for technical queries, price bids, price negotiations to convert the inquiry into firm order. Preferred candidate profile a) Knowledge & abilities to handle over all cost working & pricing b) Knowledge & abilities to handle ISO System for Costing Dept. c) Expertise in MS Office d) Drawing Reading e) Communication skills f) Technical Proficiency

Its an Urgent Position. Revert on-sv7@svmanagement.com Role & Responsibilities- Lead detailed cost estimation, zero-based costing, and variance analysis Prepare and evaluate costing for tenders and RFQs Negotiate and finalize costs with customers and suppliers Collaborate with internal departments for inputs on material, process, and labour costs Drive cost optimization strategies across the product lifecycle Ensure accuracy in BOMs, routing, and cost sheets using SAP and Excel Mentor and guide the costing team to ensure timely and accurate deliverables Candidate- BE/ B. Tech - Mechanical Engg with min 15 years of experience in the Auto Sector Strong working knowledge of: Injection Moulding, Sheet Metal, Welding, Casting & Forging, Surface Treatment, Machining Proficient in SAP and Advanced Excel Understanding of engineering drawings, blueprints, GD&T, and tolerances Expertise in labour cost calculation, raw material costing, and tooling (jigs/fixtures) estimation