Engineering Cost and Sourcing Specialist

1 day ago

Chennai, Tamil Nadu, India Ford Motor Company Full time

The Engineering Cost and Sourcing Specialist proactively leads and optimizes cost and sourcing activities, utilizing tools and streamlining processes across new programs. Responsibilities include daily cost & sourcing tracking & reporting, change tracking & managing, and benchmarking competitor data for all commodities. This role involves working closely with suppliers for quotes, negotiating material, tooling, and ED&T costs throughout product development, and independently managing VHE sourcing. The ECS Specialist will lead critical cost approvals across all forums, manage CMFs and CRFs, and track SIR and ED&T governance board approvals. The specialist adeptly brings together cross-functional teams across regions and time zones, facilitating/leading meetings & discussions, serving as an SME for cost & sourcing processes, championing continuous improvement, coaching less experienced engineers, and demonstrating thorough system understanding.

Bachelor's degree in Engineering or equivalent.

1. Cost & Sourcing Management & Reporting

  • Track cost and sourcing status daily and report out weekly.
  • Report out P2EC/F2EC status.
  • Maintain change tracker from PSC to J1 and report out.
  • Benchmark competitor cost data for all commodities.
  • Prepare and share Long Lead Funding (LLF) estimates to Program.
  • Track and report Tool/Purchase orders updates to D&R's, post FDJ.

2. Supplier Engagement & Negotiation

  • Work with Cost Estimation for estimates for engineering changes and with the supplier for quote.
  • Discuss with the supplier and help negotiate on Material cost, Tooling cost and ED&T throughout the design, development and launch phases.

3. Approvals & Governance

  • Lead cost approvals discussions in all cost related forums (Pre Pink, Pink, CPEDF, Cost PAT), through CMFs till FDJ and CRFs from FDJ till J1.
  • Support and track progress & approval of SIR requests.
  • Track and follow up ED&T approval with governance board.

4. Cross-Functional Collaboration & Meetings

  • Lead To4 meetings and record minutes.
  • Lead trade-off discussion with CFT for cost changes wherever required.

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