Sr Mgr/ AGM - Cost Engineering Manager

Job Role Summary

As the Cost Engineering Manager, you will be responsible to follow up costs of every Piaggio product line. You will also have primary responsibility to define and lead action plan. On the current range the duty will be to identify all opportunities and treats, implement all action of design change collecting inputs from Quality and R&D. You will be responsible for benchmarking activities with the aim to prepare brainstorming plan to sort executable plans. You shall follow the implementation model wise of every activity till the final rollout. For new projects, both Standard Factory Costs (SFC) target settings through analysis, internal estimation and benchmarking, both follow up during execution.

Roles and Responsibilities
Establishing target costs at the start of product development and use it to guide decision-making. Developing Cost models and strategies to support decision-making early in the development cycle. Improving estimate precision, integrating cost analysis at the design stage.
Implementing optimal design to cost (DTC) strategies that involve right Design, Platform communization, Suppliers etc.
Performing regular design to cost reviews (DTCR) to ensure the progress at each level and see where the overall cost stands as compared to the target costing.
Initiating corrective actions as and when necessary in event of the action deviation from the plan.


Setting SFC target for Research & Development, Purchase, Manufacturing functions.
Defining the action plan and tracking on SFC.
Managing the SFC impact/targets.
Monitoring & reporting deviation and traffic light for go-no go loop.
Establishing & Issuing KPIs for every new Project in regards of unit cost as well of investments.
Preparing the cost walk for every new project also with What-if analysis.


Leading and promoting task forces for cost reduction.
Preparing and leading the cost steering committee with EVP and CMD.
Analyzing the opportunities of cost reduction through benchmarking, brainstorming and commonalities.
Issuing and preparing the monthly cost report linking data from Finance/Controlling + commodities and cost reduction activities.
Predicting the cost trends and stimulate commodity manager to implement alternatives, leverage and marginality recovery.

Desired Candidate Profile
Relevant Degree - Bachelors/Master of Engineering or Technology
MBA with relevant specialization
Desired 10/12 + years of experience in the industry
Automotive or Auto Ancillary or Engineering companies

pune, MH, IN