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Senior Manager (L5) - Cost Engineer - Electrical Prop

Tata Motorspune, India

2 days ago

Job description

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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Electrical Engineer • pune, India