Senior Manager (L5) - Cost Engineer - Electrical Prop

Position Summary with Job Responsibilities

 

Position Name Cost Engineer – Proprietary Electrical Position level Level 5

DEM position name Lead Cost Engineering DEM position level Level 4

FEM position name Not Applicable FEM position level Not Applicable 

Personal Profile

Education Graduation in Engineering (MBA,ICWA Preferred)

Skills/ Competencies 1. Model should cost tools and databases to develop the most cost-effective design and manufacturing options for key components or subassemblies

2. Function-cost-value analysis & cost reduction idea generation levers

3. Supply chain & value stream mapping

4. Category specific software expertise such as CAD, PLM, FormSuite, flowmold, CapitalH, Autoform, SAP etc.

Relevant Experience :

1. 3 to 7 years of experience in the domain of technology type company (Auto Ancillary and manufacturing process , casting, forging, electrical, electronic Plastics, Sheet Metal).

2. Good Knowledge of latest trend in technology

3. Experience in lean manufacturing or six sigma programs will considered a plus.

4. Experience in EV specific part development / Sourcing / Costing

Key Responsibilities:

; Key Responsibility & Key Tasks Measures

1 Develop target costing and establish detailed should cost estimates for the components (Proprietary Electrical)
• Generate directional cost / reference cost / detail should cost targets for components based on various inputs available across product development stages

• Mature the directional/reference cost targets of the components to detail should cost as the design evolves.

• Independently create error free should cost models 

• Develop tooling cost estimates using should cost / reference cost models for calculating tooling should-cost, and provide inputs for Capex target setting

• Establish target cost for the components • On time delivery of target cost sign off

• % age detailed should cost coverage at various gateways 

• Directional within +/-10%, Intermediate within+/- 5%, Detailed – 0


2 Ensure/ deliver design to cost and source to cost targets achievements for the component targets of programs.
• Pursue component cost targets with engineering to achieve the design to cost targets for new programs

• Perform cost driver analysis, design cost analysis on components to achieve design to cost targets.

• Perform Supplier Quotation analysis with respect to should cost model and develop supplier negotiation fact pack for components 

• Perform Linear price performance models and generate opportunities to improve cost performance 

• Generate, provide valuation and syndicate cost reduction ideas based on should cost driver analysis in cost reduction workshops to achieve component subsystem cost reduction targets.

• Benchmarking , competition should costing , best of Best cost driver analysis and its application into various projects to drive cost efficiencies

• Perform data analysis and execute analytics based levers for idea generation (LPP, Weight Tree Cost Tree, Function Cost etc )

Education

BE/ in Electrical / Electronics Engineering

Work Experience

Tata Motors Leadership Competencies

Customer Centricity - Anticipating, understanding and focusing efforts on meeting the customer (stakeholders) needs or expectationsDeveloping Self and Others - Recognizing continuous development is essential for success and taking steps to develop self and helping others to excelDriving Execution - Translating strategy into action and executionLeading by Example - Encouraging and following ethical standardsLeading Change - Recognizing the need for change, initiating and adapting to changeMotivating Self and Others - Inspiring teams and individuals

Functional Competencies

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