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Senior Cost Estimation Engineer

Mercedes-Benz Research and Development India Private Limited · Bangalore

📅 13/08/2026
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Tasks 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 HarnessesBusbarsCastings & ForgingsPlastic Injection Molded PartsStampings & Sheet Metal ComponentsE-Mobility ComponentsADAS & Infotainment SystemsValidate supplier quotations using cost engineering methodologies.2. Manufacturing Process Expertise Perform cost estimation based on understanding of: Mechanical Components Die CastingSand CastingForgingCNC MachiningSheet Metal StampingDeep DrawingWelding & AssemblySurface TreatmentsElectronics PCB FabricationSMT AssemblyWave/Reflow SolderingSemiconductor PackagingSensor ManufacturingPlastics & Rubber Injection MoldingOvermoldingCompression MoldingExtrusion Processes3. 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:SteelAluminumCopperEngineering PlasticsSemiconductor ComponentsTrack labor rates, energy costs, freight, and regional manufacturing economics.Support annual cost reduction and budget planning activities.5. Cross-Functional Collaboration Work closely with:ProcurementEngineeringSupplier QualityProgram ManagementFinance TeamsSupport 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. Qualifications Required Qualifications Education Bachelor's/Master's Degree in:Mechanical EngineeringAutomotive EngineeringManufacturing EngineeringIndustrial EngineeringElectrical/Electronics EngineeringExperience 8-10 years of experience in:Cost EngineeringCost EstimationValue EngineeringStrategic ProcurementManufacturing EngineeringExperience with automotive OEMs or Tier-1 suppliers is highly preferred.Technical Skills Cost Engineering Should CostingActivity-Based CostingDesign-to-CostTeardown AnalysisValue Analysis / Value Engineering (VA/VE)Manufacturing Knowledge CastingForgingMachiningStampingInjection MoldingElectronics ManufacturingBehavioral Competencies Strong analytical mindsetCommercial acumenNegotiation support capabilityData-driven decision makingStakeholder managementEffective communication and presentation skillsAbility to challenge supplier assumptions professionallyHigh attention to detailPreferred Industry Experience Passenger CarsElectric Vehicles (EV)ADAS SystemsInfotainment SystemsPower ElectronicsBattery SystemsChassis & Powertrain ComponentsWhy 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. .
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