Costing Engineer
ABB
Chennai, Tamil Nadu, India
9d ago

Join ABB and work in a team that is dedicated to creating a future where innovative digital technologies allow greater access to cleaner energy.

ABB is a global technology leader in industrial digitalization. ABB operates in more than 100 countries with about 147,000 employees and $34 billion revenue.

In India, ABB has been operating for over a century. At present, we have 40 factories at 9 locations that develop best-in-

class products bringing together global expertise, with local experience. India is also home to ABB group’s largest engineering design and R&D center, where our engineers work on cutting-

edge technologies to develop the future offerings from engineering tools to analytics solutions. The India 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 within PG Division and HVDC and FACTS engineering center outside ABB Sweden.

The India Operations Centre is a key aspect of the Power Grids division’s Power Up transformation program. The INOPC team at Chennai supports ABB units in more than 25 countries across a wide portfolio of all the four business units in Power Grid division.

To date, the team has executed engineering and commissioning for projects in more than 60 countries.

Tasks : Your responsibilities :

Your responsibilities :

  • Determine cost estimate targets during the design and development process, assess 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.
  • Investigate and identify cost reduction opportunities through cost analysis review (Serial products, Analysis of categories).
  • Liaise with stakeholders and support management decisions by providing appropriate cost information and data.
  • Provide cost estimates during change process and advise of 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 purchasing department to provide continued feedback to ensure competitive pricing.
  • Living ABB’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.
  • Requirements :

  • A Bachelor degree in Engineering or related discipline.
  • 5-7 Years of relevant experience in cost estimation.
  • Should have commercial mindset, strong analytic skills 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 in 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.
  • Knowledge and understanding of a variety of manufacturing / automotive processes and components and ability to evaluate and analyze associated costs.
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