Date: Nov 5, 2026

Location:
Pune, MH, IN Apply now » Apply now Apply for Job Enter your email to apply 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 Tags Apply now » Apply now Apply for Job Enter your email to apply

📌 Senior Manager (India)
🏢 TATA Marcopolo Motors Ltd. Dharwad
📍 India