
Cost Estimator
11 hours ago
**Education**:Bachelor of Engineering (BE) in Mechanical, Production, Automobile, or an equivalent qualification.
- **Experience**:
- 2 to 10 years of overall experience in cost estimation within the automotive industry.
- Minimum 1 year of Product Development (PD) experience, with a strong preference for experience in Electric Vehicle (EV) commodities.
- Hands-on experience in manufacturing, costing, and/or purchasing within an Automobile OEM or Automotive Ancillaries is essential.
- **Skills & Knowledge**:
- Proven knowledge of commodity estimation, particularly for underbody systems.
- Exposure to commodities such as E-Drive and Air Suspensions is an advantage.
- Familiarity with ED&T (Engineering Design & Testing), CAPEX (Capital Expenditure), Should Cost modeling, and tooling manufacturing costing is preferred.
- Understanding business concepts and critical thinking skills.
- Excellent communication skills, both written and verbal.
- Proficiency in Microsoft Excel and PowerPoint.
- Proactive attitude and strong problem-solving capabilities.
- Self-driven individual with a "go-getter" attitude, requiring minimum supervision.
- Conduct competitive and benchmarking analyses of commodities to identify cost reduction opportunities and provide actionable recommendations.
- Lead Cost Gap Analysis and provide robust support to the Purchase function during supplier negotiations.
- Support new program target setting and estimation through forward model costing and cross-functional coordination.
- Execute financial analysis (e.g., Payback, Business Case) for proposed localization and cost reduction initiatives, recommending their financial viability.
- Collaborate closely with Engineering and Purchase teams to identify and implement additional cost reduction actions.
- Monitor and analyze cost and investment changes impacting various Engineering Change (EC) proposals for both new and running programs.
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