Design Cost Engineer - Casting, Forging & Machining (TK410SF RM 4535)

Sourceright Technologies; Chennai; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Sourceright Technologies is seeking a Design Cost Engineer (TK410SF RM 4535) in Chennai with 4–10 years of automotive experience. You will develop cost estimates for cast, forged, and machined components across concept to development stages, and perform should-cost analyses to optimize material and process choices.

Responsibilities include reviewing drawings, BOMs, and Creo models for manufacturability, evaluating tooling, and validating supplier quotations, while driving cost-reduction

Qualifications

• 4–10 years of experience in automotive design cost engineering.

Responsibilities

• Develop cost estimates for cast, forged, and machined components across concept, design, and development stages.
• Perform should-cost analysis covering material grades, part weight, manufacturing process, cycle time, tooling, labor, and overheads.
• Review drawings, specs, BOMs, and Creo models to assess manufacturability and cost drivers.
• Evaluate casting and forging processes, including tooling and yield considerations.
• Estimate CNC machining costs and setup times for turning, milling, drilling, finishing.

Skills

Cost estimation

Should-cost analysis

Manufacturability review

VA/VE opportunities

Cost modeling

Supplier quotations analysis

Education

BE/BTech in Mechanical Engineering

Tools

Creo

Job description

Position: Design Cost Engineer - Casting, Forging Machining (TK410SF RM 4535)

Education : BE/BTech in Mechanical Engineering or equivalent
Industry Experience : Automotive industry experience

Job Summary : Responsible for design cost engineering activities related to casting, forging, and machining components.

Core Responsibilities

• Develop cost estimates for cast, forged, and machined components and assemblies across concept, design, and development stages.
• Perform should-cost analysis covering material grades, part weight, manufacturing process, cycle time, tooling, labor, and overheads.
• Review engineering drawings, specifications, BOMs, and Creo models to assess manufacturability and cost drivers.
• Evaluate sand casting, die casting, and investment casting processes, including tooling and yield considerations.
• Estimate open-die and closed-die forging costs by considering billet size, press capacity, trimming, and heat treatment.
• Assess machining costs for CNC turning, milling, drilling, finishing operations, and setup times.
• Analyze the cost impact of design changes, tolerance updates, material substitutions, and process-route modifications.
• Analyze and validate supplier quotations for cast, forged, and machined components.
• Develop and maintain process-specific cost models, databases, and estimation templates.
• Identify and drive cost-reduction and VA/VE opportunities while maintaining structural integrity, quality, and customer requirements

Other Responsibilities

• Coordinate with engineers working at different global technical centers.
• Coordinate with OEM and supplier

Job Details

• Job Category: Design Cost Engineer
• Job Type: Full Time
• Job Location: Chennai
• Experience: 4-10 years
• Notice period: 0-15 days