Date: Oct 7, 2026

Location: Pune, MH, IN

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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 e.g., casting, forging, electrical, electronic Plastics, Sheet Metal).
- Good 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 S.N. 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/B.TECH in Electrical / Electronics Engineering

Work Experience

Tata Motors Leadership Competencies

Customer Centricity - Anticipating, understanding and focusing efforts on meeting the customer (stakeholders) needs or expectations

Developing Self and Others - Recognizing continuous development is essential for success and taking steps to develop self and helping others to excel

Driving Execution - Translating strategy into action and execution

Leading by Example - Encouraging and following ethical standards

Leading Change - Recognizing the need for change, initiating and adapting to change

Engaging Self and Others - Inspiring teams and individuals

Functional Competencies

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📌 Senior ManagerCost Engineer - Electrical Prop (Pune)
🏢 TATA Marcopolo Motors Ltd. Dharwad
📍 Pune