Cost Engineer (Mechanical)

Position: Cost Engineer (Mechanical) (TK38SF RM 4350)

Role Overview
We are looking for a Cost Engineer with strong expertise in should-costing and cost analysis across manufacturing processes such as fabrication, machining, casting, forging, and plastics. The role focuses on delivering accurate cost estimates and identifying cost optimization opportunities across the product lifecycle.

Key Skills

• Should Costing & Cost Modeling
• Cost Analysis & Benchmarking
• Manufacturing Costing (casting, machining, fabrication, plastics)
• BOM analysis & cost breakdown
• Supplier cost validation & negotiation support
• Strong analytical and problem-solving skills

Responsibilities

• Develop and maintain should-cost models for components and assemblies
• Perform detailed cost analysis to identify key cost drivers
• Support supplier negotiations using cost insights and benchmarking
• Collaborate with engineering, manufacturing, and procurement teams
• Conduct market research on material costs and industry trends
• Identify and drive cost reduction initiatives
• Provide costing insights for new product development and sourcing decisions

Job Category: Automotive EDA tools

Job Type: Full Time

Job Location: Chennai

Experience: 3-8 years

Notice period: 0-15 days

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.