Job Description
Company:
Mahindra & Mahindra Ltd Responsibilities & Key Deliverables Lead platform-level material cost estimation for new vehicle programs from concept to SOP (Start of Production).Develop and share part-wise and system-wise cost benchmarks with cross-functional teams (CFT).
Evaluate vehicle cost structure at system/part level across product development stages.
Ensure timely feasibility analysis and feedback on Statement of Requirements (SOR) aligned with business case targets.
Monitor and communicate Supplier Business Case (SBC) data—part and tooling—to Strategic Sourcing Unit (SSU).
Facilitate cost approvals for engineering changes and design modifications.
Act as custodian of material cost control and governance across platforms. Track and report business case material cost targets, highlighting risks and proposing mitigation strategies.General Requirements
Critical Must-Have Deliverables Accurate and timely material cost estimation for business case validation.
Feasibility comments on SOR within defined timelines.
SBC and ROCM (Rate of Change Management) cost communication to SSU.
Visibility and control over platform-level material cost with risk alerts and mitigation plans. Good-to-Have Deliverables Support internal systems for cost approval workflows and documentation.
Contribute to cost optimization initiatives through benchmarking and alternate sourcing strategies.
Engage in cross-sectoral knowledge sharing to enhance cost modeling accuracy.
Experience Minimum 9 years of experience in automotive costing, preferably in platform or vehicle-level cost management.
Proven track record in managing costing deliverables across product development lifecycle.
Industry Preferred Automotive OEMs or Tier-1 suppliers with exposure to vehicle costing, manufacturing processes, and product development.
Qualifications Bachelor’s degree in Engineering (BE/B.Tech) – Mechanical, Automobile, or Production Engineering preferred.
Postgraduate qualification in Costing or Finance is an added advantage.
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