Senior Cost Engineer

About the Role

We are looking for an experienced Cost Engineer to lead cost optimization initiatives across automotive, aerospace, medical, and energy domains . This role involves product teardown, should-cost analysis, VAVE workshops , and collaboration with cross-functional teams to deliver value engineering and supply chain efficiency .

Key Responsibilities

• Conduct Product Teardown and Should-Cost Analysis for:
• Automotive & Energy Equipment
• PCB/PCBA, Wire Harness
• Tooling, Dies, and Mold Costing
• Lead VAVE workshops to identify cost-saving opportunities
• Partner with design, sourcing, and suppliers to optimize product cost
• Provide early cost estimation for new product development
• Analyze supplier quotes and manufacturing processes for cost validation
• Drive localization strategies and supply chain cost reduction

Required Skills & Qualifications

• Education: B.E./B.Tech in Mechanical, Electrical & Electronics, or Industrial Engineering
• Experience: 38 years in Cost Engineering within Automotive, Medical, or Energy sectors
• Expertise in electromechanical systems , manufacturing processes , and cost modeling
• Hands-on experience in costing for:
• Stamping, Injection Molding, Die Casting, Forging, Machining
• Secondary finishing processes
• Proficiency in VAVE , cost modeling tools , and supplier negotiations
• Familiarity with COTS tools like Siemens TcPCM, aPriori, SEER