Cost Engineer (Mechanical)

? Location: Chennai

? Experience: 3–8 Years

? Role Overview

We are looking for a Cost Engineer with strong expertise in should-costing and cost analysis across manufacturing processes such as fabrication, machining, casting, forging, and plastics. The role focuses on delivering accurate cost estimates and identifying cost optimization opportunities across the product lifecycle.

? Key Skills

- Should Costing & Cost Modeling
- Cost Analysis & Benchmarking
- Manufacturing Costing (casting, machining, fabrication, plastics)
- BOM analysis & cost breakdown
- Supplier cost validation & negotiation support
- Strong analytical and problem-solving skills

? Responsibilities
- Develop and maintain should-cost models for components and assemblies
- Perform detailed cost analysis to identify key cost drivers
- Support supplier negotiations using cost insights and benchmarking
- Collaborate with engineering, manufacturing, and procurement teams
- Conduct market research on material costs and industry trends
- Identify and drive cost reduction initiatives
- Provide costing insights for current product development and sourcing decisions

📌 Cost Engineer (Chennai)
🏢 KPIT
📍 Chennai