Cost Estimator

1 day ago

Chennai Tamil Nadu, India Ford Motor Company Full time

**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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