09 Aug
|
Mahindra u0026 Mahindra
|
Mumbai
09 Aug
Mahindra u0026 Mahindra
Mumbai
Responsibilities & Key Deliverables
Lead end-to-end Product Cost Management for BIW, Seats, GSM and Hydraulics commodities, ensuring achievement of business case targets, cost competitiveness and value optimization across all vehicle programs. Drive should-costing, value engineering, benchmarking and digitization initiatives while partnering with Engineering, Procurement, Manufacturing and Suppliers to deliver sustainable cost advantages.
Key Responsibilities & Deliverables
- Product Cost Management & Business Case Delivery
- Drive achievement of material cost targets for all AD, FD, EV & LMM programs within <1% deviation from Business Case
- Own Business Case preparation, validation, and convergence with CFT teams
- Ensure timely SBC (Should Be Cost) and ROCM closure at all project stages
- Provide cost visibility, risk assessment, and mitigation for ongoing projects
- Commodity Ownership – BIW
- Lead costing for:
o BIW Structures, Body Panels, Closures and Assemblies o Seat Frames, Mechanisms, Foam, Trims and Complete Seating Systems o GSM Components including Fabricated Parts, Structural Assemblies and Sheet Metal Components o Hydraulic Pumps, Valves, Cylinders, Hoses and Hydraulic Assemblies
- Develop robust process-based cost models for all commodities.
- Drive Design-to-Cost initiatives by influencing engineering and sourcing decisions.
- Establish commodity-wise cost standards and technical cost drivers.
- Cost Optimization & Value Engineering
- Identify and deliver cost reduction / avoidance opportunities across lifecycle (target multi-crore savings)
- Drive benchmarking (internal & external) and cost convergence initiatives
- Develop and maintain commodity cost repositories and knowledge databases.
- Support localization and alternate sourcing initiatives to enhance competitiveness.
- Deliver annual savings targets through value engineering and supplier collaboration
- Cross Functional Leadership
- Collaborate with PD, CDMM, SSU, Logistics, Finance and suppliers for first-time-right costing
- Act as the single-point owner for BIW, Seats, GSM and Hydraulics commodities across vehicle platforms.
- Support sourcing negotiations through analytical costing and fact-based commercial inputs.
- Drive alignment between program targets, sourcing strategy and product engineering requirements
- Digitization & Capability Building
- Lead digitization initiatives including cost modelling tools, analytics, automation and AI-based costing solutions.
- Develop standard costing methodologies, guidelines and governance frameworks.
- Build commodity cost databases and benchmark repositories.
- Improve team capability through knowledge sharing, standardization and mentoring.
- Drive adoption of digital PCM tools across teams.
- Current Technology & Future Readiness
- Evaluate and enable costing for lightweight BIW solutions, advanced seat technologies,
automated fabrication processes and electro-hydraulic systems.
- Benchmark emerging technologies and manufacturing innovations to support future programs.
- Support innovation at the right cost aligned with CPO and Business Case expectations.
- Build future-ready commodity costing capability to support EV and next-generation vehicle platforms.
Preferred Industries
AutomobileFarm Sector
Education Qualification
Bachelor of Engineering; Bachelor of Engineering in Mechanical; Bachelor of Engineering in Automobile; Bachelor of Engineering in Production
General Experience
10 to 14 yrs experience years in Sourcing / CDMM /Product Development / Manufacturing
Critical Experience
Minimum 12+ Years of Experience in Sourcing / CDMM /Product Development / Manufacturing.industry intelligence in own domain and keep up with the technology trends.Knowledge of Cost Reduction and Cost Improvements.Knowledge of Most techniques,Component Cost Benchmarking, VAVE, Target Costing / Business perspective
System Generated Core Skills
Analytical ThinkingCustomer SatisfactionService OrientationCustomer SensitivityProject Planning & ExecutionRisk AnalysisConflict ManagementDeveloping Business CaseCost ManagementQuality ControlBenchmarkingProduct Cost AnalysisMaterial CostingContinuous Process ImprovementPerformance AnalysisCompliance ManagementSourcingIndustry IntelligenceTrend AnalysisCost Reduction ManagementValue Analysis and Value Engineering (VA/VE)Target Costing
System Generated Secondary Skills
Influencing SkillsProject ManagementRelationship ManagementSupply Chain Management (SCM)Vendor Management
📌 Deputy General Manager -PCM (Mumbai)
🏢 Mahindra u0026 Mahindra
📍 Mumbai