Cost Engineer

Job description

Greetings from TCS!! We are looking for Should costing Engineer Experience: 4-8 years Location: Chennai, Bangalore. - Define and implement cost management tactics, oversee day-to-day costing activities and develop regional competencies of team and supporting staff. - Identification of potential suppliers & Preliminary Evaluation of Indian suppliers. - Creation of RFQ (request for quote) pack, supplier NDA (Non-disclosure agreements) formalities. - RFQ sharing and follow up with suppliers for Quotes. - Resolving Supplier queries with help from technical team - Short listing of suppliers based on data analytics (Cost, quality, delivery) - Participate in On site audits/ visits & support cross-functional team members to finalize the techno -commercials with suppliers - Sourcing cost out projects, part rationalization and supply base optimization projects through data analytics, spend analysis, Zero based cost estimations and market analysis. - Study of input data along with product development engineer & Supplier Technical Assistance to development of Sourcing Charter - Work in cross functional teams to manage the on-time implementation of New Product Initiatives (NPI) globally, at optimum cost and right quality. - Manage on-going customer relationships and resolve any service issues to ensure customer satisfaction. - Ownership of timely delivery of all new programs, Global Line Reviews & Internal Line reviews. - Provide leadership and scoping support in assigned categories. Identify best overall business case to customer. - Manage broad and deep cost for part, tool & R&D. - NPV Analysis. - Support to negotiate for the best commercial and technical package for procurement requirements. - Collaborate with Global Cost Managers and Global Engineering Teams to support new initiatives