Sourcing Manager

Bull Machines

Coimbatore District

On-site

INR 700,000 - 1,200,000

Full time

14 days+

Get more replies from employers

Send a job-specific resume in minutes.

Job summary

Bull Machines in Coimbatore is seeking a BE Mechanical engineer with extensive experience in cost management, NPD sourcing, and value engineering to lead cost analysis for new products. You will prepare detailed cost estimates, perform zero-based cost analyses, and collaborate with Design, Procurement, Production, Quality, and Finance to optimize costs across the product lifecycle.

Familiarity with SAP MM and cost reporting is a plus.

Qualifications

  • BE in Mechanical Engineering with relevant experience in cost management, NPD sourcing, or value engineering.
  • Strong knowledge of cost estimation, target costing, value engineering, BOM, and cost breakdown structures (CBS).
  • Good understanding of raw material pricing, sourcing strategies, and market benchmarking.

Responsibilities

  • Prepare detailed cost estimates for new products, projects, and components by analyzing material, labor, tooling, and overhead costs.
  • Perform zero-based cost analysis, value engineering, and cost-benefit studies to identify cost-reduction opportunities.
  • Collaborate with Design, Procurement, Production, Quality, and Finance teams to optimize product costs throughout the lifecycle.
  • Develop and maintain cost models, BOM validations, benchmarking reports, and transparent cost reports to support management decisions.
  • Monitor cost performance, recommend process improvements, and ensure all cost optimization initiatives align with business objectives, quality standards, and project timelines.

Skills

Cost management
NPD sourcing
Value engineering
B.E. Mechanical
Cost estimation
CBS

Education

BE in Mechanical Engineering

Tools

SAP MM

Job description

Key Skills Required:

  • BE in Mechanical Engineering with 1214 years of experience in Cost Management, NPD Sourcing, or Value Engineering.
  • Strong knowledge of cost estimation, target costing, value engineering (VE), BOM, and cost breakdown structures (CBS).
  • Good understanding of raw material pricing, sourcing strategies, commercial impact, and market benchmarking.
  • Working knowledge of SAP MM, cost reporting, and cross-functional collaboration with Design, Procurement, Production, and Finance teams.
  • Strong analytical, negotiation, and decision-making skills with the ability to identify cost optimization opportunities while maintaining quality and delivery targets.

Roles & Responsibilities:

  • Prepare detailed cost estimates for new products, projects, and components by analyzing material, labor, tooling, and overhead costs.
  • Perform zero-based cost analysis, value engineering, and cost-benefit studies to identify and implement cost reduction opportunities.
  • Collaborate with Design, Procurement, Production, Quality, and Finance teams to optimize product costs throughout the product lifecycle.
  • Develop and maintain cost models, BOM validations, benchmarking reports, and transparent cost reports to support management decisions.
  • Monitor cost performance, recommend process improvements, and ensure all cost optimization initiatives align with business objectives, quality standards, and project timelines.
Get your free, confidential resume review.
or drag and drop your file here.
Similar jobs

Similar jobs worth comparing

Procurement Cost Engineer
Procurement Cost Engineer

Valmet • Pune District

On-site
INR 1,200,000 - 2,200,000
Cost Analyst
Cost Analyst

Corning Inc. • Gurgaon

On-site
INR 800,000 - 1,500,000
Costing Engineer
Costing Engineer

Polycab • Vadodara

On-site
INR 500,000 - 700,000
Program Management-Cost Analyst
Program Management-Cost Analyst

Endurance Technologies • Chhatrapati Sambhajinagar District

On-site
INR 1,200,000 - 1,800,000
Engineer - Costing
Engineer - Costing

Control Component India Pvt. Ltd. • Chennai District

On-site
INR 1,200,000 - 1,800,000
Senior Sourcing Engineer
Senior Sourcing Engineer

Festo • Krishnagiri District

On-site
INR 1,200,000 - 1,800,000
Should Costing Engineer
Should Costing Engineer

Ilensys Technologies • Hyderabad

On-site
INR 1,200,000 - 1,800,000
Senior Engineer - Costing
Senior Engineer - Costing

Zetwerk • Bengaluru

On-site
INR 600,000 - 900,000
Cost Analyst
Cost Analyst

Corning Incorporated • Gurugram District

On-site
INR 1,200,000 - 1,800,000
Engineer - Cost Engineering CoE
Engineer - Cost Engineering CoE

Eaton Corporation • Pune District

On-site
INR 1,200,000 - 1,800,000