HCLTech · 5 hours ago
Cost Engineer
Auburn Hills, MI
Full-time
Onsite
Mid Level
$35.71/hr - $42.13/hrHCLTech is looking for a highly talented and self-motivated Cost Engineer – Body to join its team in advancing the technological world through innovation and creativity. The role involves providing engineering support during vehicle development, conducting cost estimations, and collaborating with suppliers to optimize costs for automotive components.
Information and Communications Technology (ICT)IT ManagementOutsourcingSoftwareTelecommunications
Hiring Manager
Ajay Singh
Responsibilities
Provide Engineering with support during the vehicle development phase for target achievement (Design to Cost)
Release cost engineering estimate by reference or through bottom-up analysis during development phase up to contract milestones
SHOULD COST CALCULATION through bottom-up approach for new & modified purchased components (variable & supplier tooling) to support Project Team business cases (Initiatives, Product Actions, Feasibility studies and others)
Provide purchasing support during supplier negotiations through gap analysis of supplier’s price breakdown detail
Evaluate engineering changes to establish technical cost for the change and identify the cost drivers for variable and supplier tooling
Collaborate component technical solution cost drivers with suppliers for variable cost & tooling
Periodic Supplier visits to maintain & improve internal know-how of manufacturing processes & best practices
Identify potential cost optimization opportunities and support company technical cost reduction activities
Provide global component cost comparison analysis by working with the Project Cost Engineering community
Develop the cost structure for component standardization plans
Identify opportunities from benchmarking, innovation technologies, best countries
Qualification
Required
Work experience in manufacturing, production, quality, process expertise and costing Field
Expertise in Injection molding, Cost estimation, automotive exterior parts
Knowledge in Injection molding, sealing, Exterior Trims, Tooling and Fixtures
Supplier negotiation
Bachelors in mechanical engineering or manufacturing
Manufacturing processes knowledge in combination with relevant experience in developing EDD, variable and tooling costs for automotive components
Bachelor's Degree in Engineering or Manufacturing or Business
Proficiency in NX and Teamcenter
Preferred
Automotive industry experience
Automotive cost reduction/ Should cost experience
Flexibility to work in a fast-paced environment
Excellent communication skills, both verbal and written
Strong Analytical and quantitative skills with ability to draw decisions using data and metrics
Benefits
Medical
Dental
Vision
Pharmacy
Life
Accidental death & dismemberment
Disability insurance
Employee assistance program
401(k) retirement plan
10 days of paid time off per year (some positions are eligible for need-based leave with no designated number of leave days per year)
10 paid holidays per year
Company
HCLTech
HCLTech is a global IT company offering digital, engineering, and cloud solutions partnering with businesses for transformation.
Founded in 1976
10001+ employees
H1B Sponsorship
HCLTech has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2975)
2024 (3974)
2023 (3649)
2022 (3861)
2021 (4093)
2020 (4317)
Funding
Current Stage
Public CompanyTotal Funding
$220MKey Investors
ChrysCapital
2008-07-10Post Ipo Equity· $220M
2000-01-06IPO
Leadership Team
Vijayakumar C.
Chief Executive Officer
Alan Flower
Executive Vice President - CTO & Global Head, AI & Cloud Native Labs
Recent News
Business Wire
2026-01-22
2026-01-22
2026-01-22
Company data provided by crunchbase