We, at Leggett & Platt Incorporated, are searching for a Procurement Cost Engineer within our Procurement team to help support our Automotive business. Did you know we are the world’s leading designer and manufacturer of seating support and comfort systems for transportation manufacturers, as well as tier one and two suppliers within the automotive industry? That’s right Our automotive products fall into four primary groups: Seating and Lumbar support, Motors, Actuators and Massage Systems. If you join our team, your work will ensure people across the world have a little more comfort in their lives.

As a Procurement Cost Engineer you will have the opportunity to develop global should-cost estimates for materials, components, assemblies and finished products using cost estimating tools. The team you will be working with is cooperative and innovative.
Key Responsibilities:

1.Develop global cost estimates by either creating should-cost models or utilizing the company's cost estimating tool to evaluate materials, components, assemblies, and finished products across regions.





2.Analyze cost drivers including raw materials, labor, manufacturing processes, tooling, logistics, tariffs, and regional factors to determine expected supplier costs.

3.Support strategic sourcing by providing cost insights during RFQs, supplier selection, negotiations, and sourcing events.

4.Validate supplier pricing through comparison of supplier quotations against should-cost models, identifying variances and providing negotiation recommendations to support Category Management and Procurement strategies.

5.Maintain cost models and databases by updating estimating tool inputs, labor rates, material indices, commodity data, and cost assumptions.

6.Support Category Management/Procurement requests by identifying cost reduction opportunities through VA/VE, process improvements, material substitutions, and localization initiatives in collaboration with Engineering.

7.Monitor market trends incl

📌 Procurement Cost Engineer (Chennai)
🏢 Leggett & Platt
📍 Chennai