Job ID: 2971Location:Pithampur, INJob Family: Cost EngineeringJob Type: Full TimeWorking Mode: Hybrid
About Us
Innovation. Sustainability. Productivity. This is how we are Breaking New Ground in our mission to sustainably advance the noble work of farmers and builders everywhere. With a growing global population and increased demands on resources, our products are instrumental to feeding and sheltering the world.From developing products that run on alternative power to productivity-enhancing precision tech, we are delivering solutions that benefit people and they are possible thanks to people like you. If the opportunity to build your skills as part of a collaborative, global team excites you, you're in the right place.
Grow a Career. Build a Future!
Be part of this company at the forefront of agriculture and construction, that passionately innovates to drive customer efficiency and success. And we know innovation can't happen without collaboration. So, everything we do at CNH Industrial is about reaching new heights as one team, always delivering for the good of our customers.
Job Purpose
Provides support and expertise relative to product cost management for assigned current and new products; serves on the product development core team, provides technical cost estimates for components and tooling to strategic sourcing, prepares and presents cost analysis and cost roll-ups for milestone reviews, prepares and presents current product key model cost evolution analysis and causals each month during platform meetings, all to achieve new program objectives. Responsible for the overall tracking and reporting of product costs and making recommendations to the team in order to meet program targets
Key Responsibilities
- Subject matter expert on components / processes responsible to update cost parameters including following up on new processes or technology cost
- Optimize product cost by proposing, collecting, evaluating and consolidating Cost Reduction opportunities or more economical design/process alternatives
- Follow up with all product engineering teams to monitor the evolution of the product cost activities and to support the elaboration of corrective actions to absorb any major deviation
- Monthly closures monitoring to verify the activities on product costs reported by Engineering and consolidation in an holistic report
- Database management
- Monthly Analysis on product costs and cost reductions committed and collaboration with Finance to evaluate work in progress and corrective action
- Deliver new product programs to product cost targets
- Deliver margin improvement initiatives to platform GM targets
- Drive accountability within the cross-functional teams to deliver on cost targets (new and current)
- Engage, analyze and lead key Product Cost topics within the Change Review Board / similar forums
- Leads implementation of initiatives to solve discrepancies between top-down target and bottom-up costs (including cost red initiatives on current product)
- Prioritize the costing activities by collaborating across the teams to meet the programs timeline
- Analyses and decides make or buy arbitrages
Experience Required
- 10+ years of relevant experience in off-road or automotive industry with vehicle systems product development
- Agricultural or Construction Equipment background or relevant experience in off road machinery engineering will be preferred.
- Experience with System Engineering.
- Experience in design to cost and component cost evaluation
- A strong background in requirements capture and management processes
- Ability to work with tight deadline and under pressure
- Ability to work transversally with different teams and stakeholders
- An independent thinking is required. Able to work under minimal supervision and to manage multiple projects
Preferred Qualifications
- Bachelor / Master's degree in mechanical engineering or another related field
What We Offer
We offer dynamic career opportunities across an international landscape. As an equal opportunity employer, we are committed to delivering value for all our employees and fostering a culture of respect.
Benefits
At CNH, we understand that the best solutions come from the diverse experiences and skills of our people. Here, you will be empowered to grow your career, to follow your passion, and help build a better future. To support our employees, we offer regional comprehensive benefits, including:
- Flexible work arrangements
- Savings & Retirement benefits
- Tuition reimbursement
- Parental leave
- Adoption assistance
- Fertility & Family building support
- Employee Assistance Programs
- Charitable contribution matching and Volunteer Time Off
