PM IMCR Ideation Mahindra Group
Mahindra Group
Office Location
Full Time
Experience: 8 - 8 years required
Pay:
Salary Information not included
Type: Full Time
Location: Maharashtra
Skills: Cost reduction, Research, Benchmarking, Process Mapping, Stakeholder engagement, Data Analysis, collaboration, Financial Analysis, risk mitigation, Supplier Relationship Management, MIS, Workshop facilitation
About Mahindra Group
Job Description
Responsibilities & Key Deliverables Generate and develop cost reduction ideas through research, benchmarking, process mapping and stakeholder engagement. Develop & Implement comprehensive Cost reduction ideation Plans, timelines for successful implementation. Identify and prioritize cost reduction opportunities through data analysis and stakeholder input & collaborating with engineering, procurement, manufacturing, and quality teams to identify areas for cost savings. Evaluate and prioritize ideas based on feasibility, business case impact, and alignment with business objectives. Facilitate workshops and brainstorming sessions to encourage idea generation and collaboration. Analyze and benchmark industry best practices, financial data to identify opportunities for improvement. Stay up-to-date with industry trends, technologies, and best practices to identify new opportunities for cost savings. Identify and mitigate risks associated with cost reduction initiatives. Develop and maintain relationships with suppliers and internal stakeholders to drive cost savings. Communicate ideas and progress to senior management and stakeholders. Generate & Monitor MIS on Ideation progress & basis analysis identify areas of improvement. Experience Experience: 8 to 10 years in automotive OEMs Qualifications Industry Preferred Bachelors Degree in Automobile /Production / Mechanical or related field General Requirements Good techno-commercial background. Costing & business case analysis Exposure to various costing techniques such as should be costing (SBC), Zero base costing (ZBC) Working experience in engineering & sourcing domain. Any exposure to product planning & market research will be an added advantage. Experience with brainstorming and workshop facilitation techniques towards generating innovative cost-saving ideas Strong analytical, problem-solving, and communication skills Ability to work collaboratively and build relationships with cross-functional teams,