Cost Engineer

Business Information:

“The Hitachi Energy Indian Operations Center (INOPC) is a competence center with around 2600+ skilled engineers who focus on tendering, engineering, planning, procurement, project Management, functional system testing, installation supervision, documentation and commissioning.”

Your responsibilities

• Lead all activities related to cost engineering within the assigned scope of work.

• Utilize cost methodologies, tools and appropriate software models and provide expert knowledge in cost analysis, manufacturing processes, material/supplier comparison etc.

• Work proactively towards cost target objectives and sourcing strategy in collaboration with Strategic Buyers, Category Managers, NPI Teams and R&D.

• Investigate and identify cost reduction opportunities through cost analysis review for new as well as existing parts/products

• Maintain reliable and accurate data related to raw materials, processes, machines, labor rates etc. relevant to the scope of work

• Requires knowledge of at least one Cost estimation software’s such as “aPriori”, PCS/PCM-Team Center, DFMA and SEER Tool-Galorath”

• Analyze supplier manufacturing process, infrastructure and quotes and provide arguments with data to aid communication with suppliers and customers and achieve cost optimization.

• Support supplier meetings and negotiations to challenge prices and aim for cost reductions to meet target costs

• Support and utilize experience to aid best practice in the supplier process in conjunction with buyers

• Take end to end responsibility for the full scope interacting with all internal and external stakeholders as required.

• Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

​Your background

• A bachelor’s degree in mechanical/ electrical & Electronics / Production/Material Sciences Engineering, master’s degree is a plus.

• 7 to 10 years in similar industry or automobile or aero space

• Deep understanding of various cost models viz. Should Costing, Directional Costing, Linear Performance Pricing, Price History, Benchmarking etc.

• Knowledge and understanding of a variety of manufacturing processes and components and ability to evaluate and analyses associated costs.