Senior Cost Estimation Engineer

Senior Cost Estimation Engineer:

Position Summary:

We are seeking an experienced Cost Estimation Engineer to develop accurate should-cost models, perform component cost benchmarking, support sourcing and negotiation activities, and identify cost reduction opportunities across automotive Tier-1 components. The role requires deep understanding of manufacturing processes, materials, electronics, tooling, and automotive supply chains.

Key Responsibilities:

1.

Should-Cost Modeling & Cost Analysis:

• Develop detailed bottom-up cost models for automotive components and systems.
• Estimate material, manufacturing, labor, overhead, tooling, logistics, and supplier margins.
• Conduct should-cost analysis for:
• Electronics (PCBA, ECUs, Sensors)
• Wire Harnesses
• Busbars
• Castings & Forgings
• Plastic Injection Molded Parts
• Stampings & Sheet Metal Components
• E-Mobility Components
• ADAS & Infotainment Systems
• Validate supplier quotations using cost engineering methodologies.

2.

Manufacturing Process Expertise:

Perform cost estimation based on understanding of:

Mechanical Components

• Die Casting
• Sand Casting
• Forging
• CNC Machining
• Sheet Metal Stamping
• Deep Drawing
• Welding & Assembly
• Surface Treatments

Electronics

• PCB Fabrication
• SMT Assembly
• Wave/Reflow Soldering
• Semiconductor Packaging
• Sensor Manufacturing

Plastics & Rubber:

• Injection Molding
• Overmolding
• Compression Molding
• Extrusion Processes

3.

Supplier Cost Benchmarking:

• Benchmark global and regional supplier costs.
• Compare supplier quotations against market intelligence.
• Support negotiations using fact-based cost breakdowns.
• Create target cost models and savings opportunities.
• Analyze manufacturing footprint and localization opportunities.

4.

Market Intelligence & Commodity Tracking:

• Monitor raw material trends:
• Steel
• Aluminum
• Copper
• Engineering Plastics
• Semiconductor Components
• Track labor rates, energy costs, freight, and regional manufacturing economics.
• Support annual cost reduction and budget planning activities.

5. Cross-Functional Collaboration

• Work closely with:
• Procurement
• Engineering
• Supplier Quality
• Program Management
• Finance Teams
• Support RFQ, sourcing decisions, and design-to-cost initiatives.
• Participate in technical reviews and supplier discussions.

6.

Digital Cost Engineering:

• Develop automated costing models and databases.
• Maintain historical cost repositories.
• Support AI/analytics-based costing and benchmarking initiatives.
• Prepare executive dashboards and management reports.

Required Qualifications:

Education:

• Bachelor's/Master's Degree in:
• Mechanical Engineering
• Automotive Engineering
• Manufacturing Engineering
• Industrial Engineering
• Electrical/Electronics Engineering

Experience:

• 8-10 years of experience in:
• Cost Engineering
• Cost Estimation
• Value Engineering
• Strategic Procurement
• Manufacturing Engineering
• Experience with automotive OEMs or Tier-1 suppliers is highly preferred.

Technical Skills:

Cost Engineering

• Should Costing
• Activity-Based Costing
• Design-to-Cost
• Teardown Analysis
• Value Analysis / Value Engineering (VA/VE)

Manufacturing Knowledge

• Casting
• Forging
• Machining
• Stamping
• Injection Molding
• Electronics Manufacturing

Behavioral Competencies

• Strong analytical mindset
• Commercial acumen
• Negotiation support capability
• Data-driven decision making
• Stakeholder management
• Effective communication and presentation skills
• Ability to challenge supplier assumptions professionally
• High attention to detail

Preferred Industry Experience:

• Passenger Cars
• Electric Vehicles (EV)
• ADAS Systems
• Infotainment Systems
• Power Electronics
• Battery Systems
• Chassis & Powertrain Components

Why Join Us?

• Be part of a purpose-driven organization that is shaping the future of mobility
• Work on cutting-edge technologies and global projects
• Thrive in a collaborative, diverse, and inclusive environment
• Access world-class infrastructure and continuous learning opportunities

Equal Opportunity Statement:

At MBRDI, we are committed to diversity and inclusion. We welcome applications from all qualified individuals, regardless of gender, background, or ability.