Cost Engineering

ZF Group; Hyderabad; On-site; INR 900,000 - 1,500,000; Full time

Job summary

ZF Group India is seeking a Cost Engineer to support senior engineers in the product development process, including design-to-cost and cost benchmarks. The role covers calculating cost impact of technical changes and validating manufacturing processes across electro-mechanics and related technologies.

The ideal candidate holds a mechanical/production/automotive engineering degree with 4–10 years of cost engineering experience, and is eager to stay current with best practices while working in a

Qualifications

• Bachelor’s degree in engineering with focus on manufacturing.
• First work experience in a role related to cost engineering (e.g., Production Engineering, Methods).
• Knowledge of manufacturing technologies including Electro-Mechanics, Forgings, Machining, Stamping, Castings.

Responsibilities

• Support Senior/Product Cost Engineers during product development (design to cost, cost benchmarks).
• Generate best-practice product cost calculations using total cost approach.
• Calculate cost impact of technical changes.
• Validate manufacturing processes and evaluate cost performance across Electro-Mechanics, Forgings, Machining, Stamping, Castings.

Skills

Cost engineering

Data analysis

Team collaboration

Communication skills

Education

Bachelor’s Degree in Mechanical/Production/Automotive

Job description

Cost Engineering India Hub is global efficiency backbone and demonstrate cost engineering specialties by being faster, reliable, inclusive and right first-time mindset. With our CE capacity and competency, we fulfill global & local cost engineering business needs through delivery excellence, ownership and collaboration.

What you can look forward for Cost Engineering role (M/F/D):

• Support of Senior Cost Engineers and Product Cost Engineers during the Product Development Process (e.g., Design to Cost, Cost Benchmarks etc.)
• Generation of Best-Practice-Product Cost Calculations considering a Total Cost approach
• Calculation of the Cost impact associated with technical changes.
• Execution of internal and external Manufacturing process validations (Brown-Field examinations) and evaluation of the Cost performance in the Electro-Mechanics, Forgings (Hot & Cold), Machining, Stamping & Castings etc.
• Identification of measures for optimization of Cost structures. Collection and documentation of technology-specific master data in collaboration with internal and external partners
• Support of the definition and continuous development of group wide Cost Engineering Reference-processes
• Support the continuous development of technology-specific tools in Cost Engineering. Team member in international and cross functional projects and steering of subprojects

Your profile for Cost Engineering Role (M/F/D):

• Bachelor’s Degree in Mechanical/Production/automotive with 4-10 years of experience
• Studies of Engineering science or comparable education and a first work experience in a responsibility suitable for Cost Engineering (e.g., Production Engineering, Methods dept.)
• Knowledge/Specialization about Manufacturing technologies of Electro-Mechanics, Forgings (Hot & Cold), Machining, Stamping & Castings etc.
• Understanding of E-axles and Automatic Transmissions.
• Willingness to continuously keep knowledge at a state of the art/best practice level.
• Distinct analytical capabilities, solution oriented, accurate and self-dependent way of working.
• Supportive, ability to work in teams, strong communication/Networking skills in a local & international context and a high acceptance for travelling in needed.
• Knowledge in Project Management

Why should you choose ZF Group in India?

• Innovation and Technology Leadership: ZF is at the forefront of technological advancements, offering a dynamic and innovative work environment that encourages creativity and growth.
• Diverse and Inclusive Culture: ZF fosters a diverse and inclusive workplace where all employees are valued and respected, promoting a culture of collaboration and mutual support.
• Career Development: ZF is committed to the professional growth of its employees, offering extensive training programs, career development opportunities, and a clear path for advancement.
• Global Presence: As a part of a global leader in driveline and chassis technology, ZF provides opportunities to work on international projects and collaborate with teams worldwide.
• Sustainability Focus: ZF is dedicated to sustainability and environmental responsibility, actively working towards creating eco-friendly solutions and reducing its carbon footprint.
• Employee Well-being: ZF prioritizes the well-being of its employees, providing comprehensive health and wellness programs, flexible work arrangements, and a supportive work-life balance.