Design Cost Engineer – Casting, Forging & Machining (TK410SF RM 4535)

Position: Design Cost Engineer – Casting, Forging & Machining (TK410SF RM 4535)

Education : BE/BTech in Mechanical Engineering or equivalent
Industry Experience : Automotive industry experience

Job Summary : Responsible for design cost engineering activities related to casting, forging, and machining components.

Core Responsibilities

• Develop cost estimates for cast, forged, and machined components and assemblies across concept, design, and development stages.
• Perform should-cost analysis covering material grades, part weight, manufacturing process, cycle time, tooling, labor, and overheads.
• Review engineering drawings, specifications, BOMs, and Creo models to assess manufacturability and cost drivers.
• Evaluate sand casting, die casting, and investment casting processes, including tooling and yield considerations.
• Estimate open-die and closed-die forging costs by considering billet size, press capacity, trimming, and heat treatment.
• Assess machining costs for CNC turning, milling, drilling, finishing operations, and setup times.
• Analyze the cost impact of design changes, tolerance updates, material substitutions, and process-route modifications.
• Analyze and validate supplier quotations for cast, forged, and machined components.
• Develop and maintain process-specific cost models, databases, and estimation templates.
• Identify and drive cost-reduction and VA/VE opportunities while maintaining structural integrity, quality, and customer requirements

Other Responsibilities

• Coordinate with engineers working at different global technical centers.
• Coordinate with OEM and supplier

******************************************************************************************************************************