Mechanical Cost Engineer

Year    Chennai, Tamil Nadu, India

Job Description


About Us:Barry-Wehmiller is a diversified global supplier of engineering consulting and manufacturing technology for the packaging, corrugating, sheeting and paper-converting industries. By blending people-centric leadership with disciplined operational strategies and purpose-driven growth, Barry-Wehmiller has become a $3 billion organization with nearly 12,000 team members united by a common belief: to use the power of business to build a better world.:Job Title:Mechanical Cost Engineer xe2x80x93 Make as per Print & OEM/Commercial PartsJob Summary:We are seeking a highly skilled and detail-oriented Mechanical Cost Engineer with expertise in cost analysis, spend analysis, should-costing, and value engineering for "Make as per Print" parts and OEM/Commercial components. The ideal candidate will possess a solid understanding of engineering processes, manufacturing methods, and design principles to accurately estimate costs and ensure competitive pricing. This role requires strong analytical capabilities, including spend and cost optimization strategies, and the ability to collaborate effectively across departments to drive cost efficiency while maintaining product quality and engineering excellence.Key Responsibilities:

  • Conduct detailed cost analysis for manufacturing "Make as per Print" parts and OEM/Commercial components.
  • Develop should-cost models based on manufacturing processes, material usage, labour, tooling, and overhead.
  • Evaluate supplier quotations to ensure cost competitiveness.
  • Perform comprehensive spend analysis to identify cost-saving opportunities by analysing purchasing patterns, material consumption, and supplier spend data.
  • Segment and classify spending into categories to identify trends and opportunities for cost optimization.
  • Support the development of procurement strategies by identifying high-spend areas and benchmarking costs across the market.
  • Utilize data analytics tools (e.g., Excel, Power BI, or similar software) to provide insights into spending behaviour and recommend actionable improvements.
  • Understand and analyse engineering drawings, specifications, and design requirements.
  • Collaborate with design and engineering teams to ensure manufacturability and cost optimization.
  • Identify opportunities for cost reduction without compromising quality or design integrity.
  • Work closely with suppliers to analyse cost drivers and negotiate pricing.
  • Validate supplier capabilities and ensure alignment with project requirements.
  • Drive value engineering initiatives to enhance cost efficiency.
  • Perform cost variance analysis to identify areas of improvement.
  • Prepare detailed cost breakdowns and cost models for stakeholders.
  • Maintain a database of standard costs for materials, processes, and components.
  • Support procurement, sourcing, and supply chain teams with cost inputs.
  • Coordinate with cross-functional teams (engineering, manufacturing, and quality) to ensure seamless project execution.
  • Finding more cost-effective alternatives to current products or services and reducing unnecessary or redundant spending.
  • Engage in techno-commercial discussions and provide strategic support to supply chain leaders across group companies globally, ensuring alignment on cost, quality, and delivery objectives.
Qualifications and Skills:
  • Educational Background:
  • Bachelors degree in mechanical engineering or a related field.
Experience:
  • 8+ years of experience in cost estimation, should-costing, spend analysis, or cost engineering, preferably in manufacturing or automotive industries.
Technical Skills:
  • Strong understanding of manufacturing processes (CNC machining, Fabrication, casting, forging, sheet metal, Assembly etc.) and engineering materials.
  • Proficiency in reading and interpreting engineering drawings (GD&T knowledge is a plus).
  • Familiarity with cost estimation tools and software.
  • Knowledge of design processes and product lifecycle management (PLM).
Soft Skills:
  • Excellent analytical and problem-solving abilities.
  • Strong communication and negotiation skills to interact with suppliers and internal stakeholders.
  • Ability to work independently and in cross-functional teams.
Additional Preferences:
  • Knowledge of industry standards and benchmarks.
  • Exposure to global supply chains and cost structures.
What We Offer:
  • A challenging role with opportunities for career growth.
  • Exposure to cutting-edge engineering and manufacturing practices.
  • A collaborative and dynamic work environment.
At Barry-Wehmiller we recognize that people come with a wealth of experience and talent beyond just the technical requirements of a job. If your experience is close to what you see listed here, please still consider applying. We know that our differences often can bring about innovation, excellence and meaningful workxe2x80x94therefore, people from all backgrounds are encouraged to apply to our positions. Please let us know if you require reasonable accommodations during the interview process. xe2x80x8bCompany: BW Corporate EDS

Barry-Wehmiller

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Job Detail

  • Job Id
    JD3534576
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year