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. 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.