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
Function-cost-value analysis & cost reduction idea generation levers
Supply chain & value stream mapping
Category specific software expertise such as CAD, PLM, FormSuite, flowmold, CapitalH, Autoform, SAP etc.
Relevant Experience :
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).
Valuable Knowledge of latest trend in technology
Experience in lean manufacturing or six sigma programs will considered a plus.




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 d

📌 Senior Manager Pune
🏢 Tata Motors
📍 Pune