Costing Engineer- Automotive
2 weeks ago
Job Title: Costing Engineer - Automotive
Location: Bommasandra, Bangalore
Job Type: Full-time
(Fill this form to expedite the application process)
We are seeking a Zero-Based Costing Engineer with a strong background in the automotive industry to join our team. The ideal candidate will have experience in developing and implementing zero-based costing methodologies for automotive projects, as well as a thorough understanding of automotive manufacturing processes and cost drivers.
Responsibilities:
- Develop and implement zero-based costing methodologies for Casting, Forging, Moulding, Fabrication, Stamping, PCBs etc.
- Analyse and understand cost drivers in the automotive industry, including material costs, labor costs, and overhead costs
- Collaborate with cross-functional teams to identify cost reduction opportunities and implement cost savings initiatives
- Conduct cost simulations and what-if scenarios to identify potential cost savings opportunities
- Ensure that cost estimates are accurate, reliable, and aligned with project timelines and budgets
- Provide recommendations on sourcing strategies and supplier selection based on cost, quality, and performance
- Monitor and report on project costs to ensure that they are within budget and on schedule
Qualifications:
- Bachelor's or Master's degree in Mechanical/Electrical/Electronics Engineering or a related field
- Minimum 1 year of experience in zero-based costing, cost engineering, or related fields in the automotive industry
- Strong understanding of automotive manufacturing processes and cost drivers
- Proficiency in Microsoft Excel and other relevant software tools
- Excellent analytical and problem-solving skills
- Strong attention to detail and ability to work independently
- Excellent communication and collaboration skills
If you are a self-starter who thrives in a dynamic, fast-paced environment and are passionate about implementing cost reduction strategies in the automotive industry, we encourage you to apply for this exciting opportunity.
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