21 Oct
|
Royal Enfield
|
Chennai
21 Oct
Royal Enfield
Chennai
Position Title: Senior Engineer - Cost Management Casting
Location: Oragadam
:
The Senior Engineer - Cost Management (Al Casting) is responsible for driving cost engineering, target costing, and cost-reduction initiatives for high-precision aluminum cast components, specifically Cylinder Heads and Cylinder Blocks. Leveraging deep technical expertise in aluminum casting processes (HPDC, LPDC, GDC) and secondary machining operations, this role works cross-functionally with Sourcing, Current Engineering, NPD, and Quality Assurance. The incumbent validates cost sheets, leads value engineering (VAVE) projects, conducts supplier negotiations, manages commodity inflation/indexed clauses, and ensures strict adherence to vehicle business plan cost targets.
Key Responsibilities:
Costing Build-Up & Scenario Modeling: Develop zero-based cost models, cost cards, and scenario analyses for aluminum cylinder heads, cylinder blocks, and cast parts to support cross-functional strategic decision-making.
Cost Sheet Validation & NPD Support:
Validate technical cost sheets prepared by strategic sourcing for critical parts and provide cost-engineering support to NPD teams during vendor selection.
Supplier Negotiations & Norms: Participate in price negotiations, review and sign off on costing norms (cycle times, melt loss, machine rates, tooling cost) with suppliers, and negotiate contract terms.
Cost Reduction & VAVE: Identify, propose, and implement value engineering (VAVE) and alternative sourcing/material initiatives alongside Engineering and QA to achieve annual cost-reduction targets.
Inflation Management & Variance Analysis: Track raw material market trends (e.g., aluminum index updates), manage price adjustment clauses in contracts, analyze cost variances, and execute risk-mitigation plans.
Desired Skills and Experience:
Education: B.E. / B.Tech in Mechanical or Automobile Engineering
Experience: 6+ years of experience in cost engineering or cost management within the automotive industry (OEMs or Tier-1 casting ancillaries)
Domain Focus: Heavy focus on engine components specifically Aluminum Cylinder Heads, Cylinder Blocks, and complex engine castings.
📌 Senior Engineer - Cost Management Casting (Chennai)
🏢 Royal Enfield
📍 Chennai