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SV MANAGEMENT CONSULTANTS
EngineeringPosted 7d ago
Engineer - Sr. Engineer - Parts Costing
SV MANAGEMENT CONSULTANTS Location
Indore, Madhya Pradesh, India · Onsite
Work Mode
Onsite
Salary
₹4L – ₹7L
Experience
2-4 yrs
About the role
We have an urgent opening for Engineer / Sr. Engineer Parts Costing with an MNC in Auto Components Manufacturing.
The candidate should have good knowledge of auto component manufacturing processes, new product costing, cost modelling, VAVE, zero-based costing, and supplier quotation validation.
Roles and Responsibilities
- Cost Modelling: Build bottom-up cost models for auto parts like sheet metal, castings, forgings, and Fabrication Parts.
- Good Knowledge of New Product (Parts) for material, Process and final cost calculation.
- Cost Breakdown Analysis: Estimate expenses for raw materials, manufacturing processes, direct labour, factory overhead, tooling, and logistics.
- Value Analysis/Value Engineering (VAVE): Identify cost-saving opportunities and design optimization ideas during product development.
- Supplier Quotation Validation: Review and negotiate supplier pricing using deep manufacturing knowledge and cost benchmarks
- Bachelors degree / Diploma in Mechanical, Production, or Automobile Engineering with 2-4 years experience in Auto components mfg.
- Strong grip on manufacturing processes (machining, pressing, Fabrication &, casting).
- Practical knowledge of VAVE, zero-based costing (ZBC), and market price benchmarking.
- Familiarity with quality standards like IATF 16949