Engineering Cost and Sourcing Specialist

8 hours ago


Chennai, Tamil Nadu, India Ford Motor Company Full time ₹ 6,00,000 - ₹ 18,00,000 per year

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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