Manager, Cost Modeling

About Whirlpool India

Whirlpool of India Limited, based in Gurugram, is a leading home appliances manufacturer dedicated to enhancing lifestyles through trusted brands. It operates three advanced manufacturing sites in Faridabad, Pune, and Puducherry, alongside a Technology & Engineering Center focused on innovation. The company reported revenues of around INR 8110 Crore and employs 2193 people as of fiscal year 2024-25.

Overview

This role belongs to the Engineering team responsible for identifying and evaluating suppliers by price, quality, supply timing, and reliability, aiming to optimize operational costs and meet organizational standards. The manager will lead cost modeling efforts specifically for plastic injection molding and sheet metal components, analyzing market trends in raw materials, labor rates, and manufacturing hour rates across North America (NAR), Latin America (LAR), and Asia.

Key Responsibilities

• Provide crucial inputs for cost models including raw material prices, forex rates, labor costs across multiple regions.
• Develop cost models focused on metal commodities while collaborating closely with Target Costing, Commodity, Design, and Product Management teams.
• Leverage expert knowledge in injection molding, stamping, casting tools, and associated manufacturing processes and materials.
• Possess familiarity with extrusion, pressure die casting, sand casting, and sintered powdered metal processes to prepare accurate costings.
• Coordinate with global target costing and commodity leaders and engage suppliers during correlation meetings to support negotiations.
• Lead a team of 3-4 cost modelers specialized across various commodity areas to drive cost leadership through expertise.
• Ensure precise costing of parts and components to assist project management, generate cost-saving ideas, and promote productivity.

Technical and Behavioral Requirements

• Bachelor’s or Master’s degree in Mechanical Engineering.
• 10 to 13 years’ experience managing commodities, particularly metal stamping and injection molding.
• Strong communication capabilities to effectively collaborate with global partners and stakeholders.
• Advanced understanding of stamping, casting, sintering manufacturing processes including cycle time and manufacturing hour rate (MHR) data.
• Ability to comprehend design drawings for stamping and casting and determine costs based on design inputs.
• Knowledge of design-related cost factors, cost headers, and procurement processes.
• Experience working on international assignments and projects outside India.
• Excellent presentation skills and logical problem-solving approach.
• Preferred industry experience includes home appliances, automotive, EMS, suppliers, or manufacturing sectors.

Additional Information

Whirlpool India values and promotes diversity and is committed to equal employment opportunities. Discrimination based on race, ethnicity, religion, gender, sexual orientation, age, disability, veteran status, or any legally protected category is strictly prohibited.