Manager, Cost Modeling

Whirlpool Corporation; Kolhapur District; On-site; INR 3,000,000 - 4,500,000; Full time

Job summary

Whirlpool India is seeking a senior cost modelling professional to lead cost modelling for Plastic injection molding and Sheet metal components across NAR, LAR and Asia regions. You will guide the cost strategy and deliver accurate costing for projects.

You will manage a team of 3-4 cost modelers, collaborate with Target Costing, Commodity, Design and Product Management, and drive cost leadership through engineering insights and cross-functional teamwork.

Qualifications

• Minimum 10–13 years of experience in handling commodities including Metal Stamping & Injection Moulding.
• Educational Background - B.Tech/ M.Tech Mechanical Engg.
• Excellent communication skills and experience in working with the Global environment.

Responsibilities

• Support cost modeling inputs of Raw material, Forex, Labour rates at supplier locations across NAR, LAR, ASIA.
• Basic knowledge of MIS and communications.
• Develop Cost Models for metal commodities in collaboration with Target Costing and Design teams.
• Expert knowledge of Injection Moulding, Stamping & Casting tooling and processes.
• Familiar with extrusion, die casting, sand casting and SPM processes and costing.
• Partner with Global Target costings and commodity leaders for supplier negotiations.

Skills

Cost modeling

Injection Molding

Stamping

Casting

MHR data

Supplier negotiation

Global collaboration

Analytical thinking

Education

B.Tech Mechanical Engineering

M.Tech Mechanical Engineering

Tools

MS Excel

Costing software

Job description

About Whirlpool India

Whirlpool of India Limited, headquartered in Gurugram, is a leading home appliances company dedicated to enhancing life at home and inspiring generations through its trusted brands. The company operates three state-of-the-art manufacturing facilities in Faridabad, Pune & Puducherry, each reflecting Whirlpool's commitment to providing best-in-class consumer solutions. Further driving innovation, the company has a Technology & Engineering Center, where India's world-class talent architects the next generation of home innovation. In the 2024-25 fiscal year, Whirlpool of India reported approximately INR 8110 Cr in annual revenue and employed 2193 people. More information is available at www.india.whirlpool.in

The team you will be a part of

The Engineering team identifies, researches and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes and evaluates sales, promotional campaigns, and other opportunities to secure reduced prices. Assesses supplier's products to ensure that they comply with specifications and meet the organization's quality standards.

This Role In Summary

Responsible for market research, study raw material, labour rate & MHR trends across NAR, LAR & ASIA regions. Recommend strategy to achieve cost leadership in various products of WPL. Lead Cost modeling and correlation for Plastic injection molding and Sheet metal components.

Your Responsibilities Will Include

• Responsible to support cost modeling critical inputs of Raw material, Forex, Labour rates etc at various supplier locations across NAR, LAR, ASIA etc
• Basic knowledge of MIS and communications
• Responsible for Cost Model development of Metal commodities. Close interaction with the Target Costing, Commodity , Design and Product Management ( Plant GSS ) Team.
• Expert knowledge of Injection Moulding ,Stamping & Casting Tool, Manufacturing/engineering processes, materials & systems. Communication skills are a must to deal with global partners.
• Familiar with Extrusion , Pressure Die Casting , Sand Casting and Sintered Powdered Metal manufacturing processes and perform costing. Experience in Stamping shop floor and tooling are desired.
• Partner with Global Target costing and Commodity leaders in Correlation meeting with suppliers to facilitate negotiations .

Key Deliverables

• Accuracy in part/ component costing for project management , generating cost ideas and delivering productivity.
• Lead a team of 3-4 Cost modelers from various commodity expertise and deliver cost leadership through domain expertise.

Minimum Requirements

• 10~13 yrs exp in handling commodities including Metal Stamping & Injection Moulding.
• Educational Background - B.Tech/ M.Tech Mechanical Engg
• Excellent communication skills and experience in working with the Global environment

Preferred - Knowledge Of Technical And Commercial Both

Preferred Industry - Home appliance industry/ Automotive Industry/EMS /Suppliers/Manufacturers

Preferred Skills And Experiences

TECHNICAL

• High level experience on Stamping , Casting & Sintering manufacturing process, cycle time and MHR data.
• Knowledge of the design related cost parameters.
• Add value in supplier selection by cost evaluation and comparison.
• Knowledge about cost headers and factors that impact overall cost.
• Basic knowledge on procurement processes.
• Should be able to comprehend Stamping and Casting design drawings and conclude cost based on the design inputs.
• Work on global assignments and exposure with outside India projects

BEHAVIOURAL

• Communication skills are a must to deal with global partners and stakeholders.
• Should have good presentation skills
• Logical approach towards problem solving

Connect with us and learn more about Whirlpool India. See what it's like to work at Whirlpool by visiting Whirlpool Careers. Additional information about the company can be found on Facebook, Instagram and YouTube.

At Whirlpool India, we value and celebrate diversity. Whirlpool India is committed to equal employment opportunity and prohibits any discrimination on the basis of race or ethnicity, religion, sex, pregnancy, gender expression or identity, sexual orientation, age, physical or mental disability, veteran status, or any other category protected by applicable law.