Senior Cost Estimation Engineer

Senior Cost Estimation Engineer

Position Summary

We are seeking an experienced Cost Estimation Engineer to develop accurate should-cost models, perform component cost benchmarking, support sourcing and negotiation activities, and identify cost reduction opportunities across automotive Tier-1 components. The role requires deep understanding of manufacturing processes, materials, electronics, tooling, and automotive supply chains.

Key Responsibilities

• 1. Should-Cost Modeling & Cost Analysis

• Develop detailed bottom-up cost models for automotive components and systems.

• Estimate material, manufacturing, labor, overhead, tooling, logistics, and supplier margins.

• Conduct should-cost analysis for:

• Electronics (PCBA, ECUs, Sensors)

• Wire Harnesses

• Busbars

• Castings & Forgings

• Plastic Injection Molded Parts

• Stampings & Sheet Metal Components

• E-Mobility Components

• ADAS & Infotainment Systems

• Validate supplier quotations using cost engineering methodologies.

• 2. Manufacturing Process Expertise

Perform cost estimation based on understanding of:

• Mechanical Components

• Die Casting

• Sand Casting

• Forging

• CNC Machining

• Sheet Metal Stamping

• Deep Drawing

• Welding & Assembly

• Surface Treatments

• Electronics

• PCB Fabrication

• SMT Assembly

• Wave/Reflow Soldering

• Semiconductor Packaging

• Sensor Manufacturing

• Plastics & Rubber

• Injection Molding

• Overmolding

• Compression Molding

• Extrusion Processes

• 3. Supplier Cost Benchmarking

• Benchmark global and regional supplier costs.

• Compare supplier quotations against market intelligence.

• Support negotiations using fact-based cost breakdowns.

• Create target cost models and savings opportunities.

• Analyze manufacturing footprint and localization opportunities.

• 4. Market Intelligence & Commodity Tracking

• Monitor raw material trends:

• Steel

• Aluminum

• Copper

• Engineering Plastics

• Semiconductor Components

• Track labor rates, energy costs, freight, and regional manufacturing economics.

• Support annual cost reduction and budget planning activities.

• 5. Cross-Functional Collaboration

• Work closely with:

• Procurement

• Engineering

• Supplier Quality

• Program Management

• Finance Teams

• Support RFQ, sourcing decisions, and design-to-cost initiatives.

• Participate in technical reviews and supplier discussions.

• 6. Digital Cost Engineering

• Develop automated costing models and databases.

• Maintain historical cost repositories.

• Support AI/analytics-based costing and benchmarking initiatives.

• Prepare executive dashboards and management reports.

Qualifications

• Required Qualifications

Education

• Bachelor’s/Master’s Degree in:
• Mechanical Engineering
• Automotive Engineering
• Manufacturing Engineering
• Industrial Engineering
• Electrical/Electronics Engineering

Experience

• 8-10 years of experience in:

• Cost Engineering

• Cost Estimation

• Value Engineering

• Strategic Procurement

• Manufacturing Engineering

• Experience with automotive OEMs or Tier-1 suppliers is highly preferred.

• Technical Skills

• Cost Engineering

• Should Costing

• Activity-Based Costing

• Design-to-Cost

• Teardown Analysis

• Value Analysis / Value Engineering (VA/VE)

• Manufacturing Knowledge

• Casting

• Forging

• Machining

• Stamping

• Injection Molding

• Electronics Manufacturing

• Behavioral Competencies

• Strong analytical mindset

• Commercial acumen

• Negotiation support capability

• Data-driven decision making

• Stakeholder management

• Effective communication and presentation skills

• Ability to challenge supplier assumptions professionally

• High attention to detail

• Preferred Industry Experience

• Passenger Cars

• Electric Vehicles (EV)

• ADAS Systems

• Infotainment Systems

• Power Electronics

• Battery Systems

• Chassis & Powertrain Components

• Why Join Us?

• Be part of a purpose-driven organization that is shaping the future of mobility

• Work on cutting-edge technologies and global projects

• Thrive in a collaborative, diverse, and inclusive environment

• Access world-class infrastructure and continuous learning opportunities

• Equal Opportunity Statement

• At MBRDI, we are committed to diversity and inclusion. We welcome applications from all qualified individuals, regardless of gender, background, or ability.

Benefits

• Discounts for Employees Possible

• Health Benefits

• Mobile Phone for Employees Possible

• Meal-Discounts

• Company Retirement

• Hybrid Work Possible

• Mobility Offers

• Events for Employees

• Coaching

• Flextime Possible

• Near-Site Childcare

• Parking

• Canteen, Café

• Good Public Transport

• Barrier-Free Workplace

• Inhouse Doctor

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