Job Description :

Hitachi ABB Power Grids is looking for a highly motivated teammate ready to play a key role as a Should Costing Engineer.

 Responsibilities :

• Should Costing Engineer should determine cost estimate targets during the design and development process, assess the design, and recommending cost-effective solutions.
• Gather proposals, specifications, and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products.
• Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
• Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement.
• Should Costing Engineer Investigates and identify cost reduction opportunities through cost analysis review (Serial products, Analysis of categories).
• Fulfilling the guidelines of SOX, OHS, EHS, and compliance.
• Liaise with stakeholders and support management decisions by providing appropriate cost information and data.
• Provide cost estimates during the change process and advise of the cost impact of changes. Track and monitor activity.
• Work with stakeholders to ensure estimates are accurate and to make appropriate adjustments and resolve issues.
• Analyze supplier quotes and provide information and data, which aids communications with suppliers and customers and achieves cost optimization.
• Ensure supplier quotations meet ‘should cost’ estimates.
• Support supplier meetings and negotiations to challenge prices and aim for cost reductions to meet target costs.
• Support and utilize experience to aid best practice in the supplier process in conjunction with buyers.
• Liaise with the purchasing department to provide continuous feedback to ensure competitive pricing.
• Living core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

Qualifications :

• Bachelor’s Degree in Engineering or any related discipline.
• 5-8 years of relevant experience in the field of cost estimation in a manufacturing environment.
• Knowledge and understanding of a variety of manufacturing/automotive processes and components and the ability to evaluate and analyze associated costs.
• Strong attention to detail and accuracy skills.
• Strong technical mindset and able to read and interpret technical data and translate to others.
• Some previous experience of cost estimating ideally in an automotive, manufacturing, or engineering environment.
• Good IT systems experienced in the use of spreadsheets, estimating pricing models, and cost management tools.
• Able to show evidence of adding value and cost optimization.

About Us :

Hitachi ABB Power Grids is a pioneering technology leader that is helping to increase access to affordable, reliable, sustainable, and modern energy for all. We help to power your home, keep the factories running, and our hospitals and schools open. Come as you are and prepare to get better as you learn from others. Bring your passion, bring your energy, and plug into a team that appreciates a simple truth: Diversity + Collaboration = Great Innovation

The Hitachi ABB Power Grids Operations Center (INOPC) is a competence center with around 900 skilled engineers who focus on tendering, engineering, planning, procurement, functional system testing, installation supervision, and commissioning. However, over the last decade, it has evolved to become the largest engineering hub. The India Operations Centre is a key aspect of the Power Grids business Power Up transformation program. The INOPC team at Chennai supports Hitachi ABB Power Grid’s units in more than 25 countries across a wide portfolio of all the four business units in the Power Grid business. To date, the team has executed engineering and commissioning for projects in more than 60 countries.