About the role
Key Responsibilities:
- Perform should-cost analysis of engine components using aPriori and Excel-based costing tools within the defined project scope.
- Ensure all in-scope components are accurately costed, reviewed, and validated.
- Develop and maintain costing templates, databases, and estimation tools to support cost engineering activities.
- Deliver detailed costing outputs with documented assumptions, data sources, methodologies, and cost drivers.
- Provide recommendations on alternative manufacturing processes, materials, and design features based on commercial feasibility.
- Maintain complete documentation and supporting data for all cost calculations and cost models.
- Gather, analyze, and maintain cost data to improve estimation accuracy and consistency.
- Drive continuous improvement of costing methodologies, assumptions, and calculation standards.
- Customize and validate aPriori VPE models, including manufacturing process configurations, in line with project requirements.
- Support engineering, sourcing, and program teams with cost-related analyses and queries.
Skills & Experience Required:
- Bachelor’s degree in Mechanical Engineering, Production Engineering, or a related discipline.
- 10–12 years of experience in product-level cost estimation, should-cost analysis, or cost engineering.
- Strong expertise in manufacturing cost analysis and cost structure evaluation.
- Advanced proficiency in aPriori software for cost modeling and estimation.
- Working knowledge of Creo for component review and manufacturability assessment.
- In-depth understanding of cost drivers, manufacturing processes, and commercial feasibility evaluations.
- Strong analytical, quantitative, and problem-solving skills.
- Ability to work independently with minimal supervision and manage multiple priorities effectively.
- Excellent communication and stakeholder management skills.
- Good understanding of diesel engine systems and engine components.
- Expertise in casting manufacturing processes and cost estimation.
- Experience supporting cost optimization, and profitability improvement initiatives.
- Knowledge of machining, forging, and fabrication processes would be an added advantage.