Website:
vhirex.com
Job details:
We're Hiring: ME Cost Engineer
Join our team as an ME Cost Engineer and drive cost optimization excellence across our mechanical components and assemblies!
Location: Bangalore
Experience: 3–8 Years
Industry: Automotive / Manufacturing
Employment Type: Full-Time
Role Summary
We're looking for a detail-oriented ME Cost Engineer responsible for cost estimation, cost analysis, and cost optimization for mechanical components and assemblies — working closely with Design, Manufacturing, Sourcing, and Suppliers to develop accurate product cost estimates.
Roles and Responsibilities:
Prepare should-cost and cost estimation for mechanical components and assemblies
Analyze material, machining, fabrication, tooling, labor, overhead and process costs
Review engineering drawings, BOM, GD&T and specifications for cost estimation
Perform Design-to-Cost (DTC) and Value Engineering activities
Identify cost reduction opportunities through material, process, design and supplier optimization
Conduct Make vs Buy and supplier cost comparisons
Analyze supplier quotations and negotiate/validate cost breakdowns
Work with Design and Manufacturing teams to evaluate DFM/DFA opportunities
Support NPI and new product cost estimation
Develop and maintain cost models and databases for components
Benchmark component and process costs against market/supplier data
Support VA/VE and localization initiatives
Prepare cost reports and present cost analysis to management
Required Skills:
Strong knowledge of Mechanical Manufacturing Processes
Experience in Cost Estimation / Should Costing
Good understanding of machining, sheet metal, casting, forging, fabrication and injection molding
Knowledge of material costing and manufacturing process costing
Ability to read 2D drawings, GD&T and BOMs
Strong knowledge of Excel and cost analysis tools
Experience in supplier quotation analysis and negotiation
Good understanding of DFM/DFA and Value Engineering
Interested candidate can drop your resume at sandhiya.r@vhirex.com
#Hiring #CostEngineer #MechanicalEngineering #DesignToCost #ValueEngineering #DFMDFA #Manufacturing #AutomotiveJobs #Bangalore #NowHiring #SupplyChain
Click on Apply to know more.
