ABHISHEK Y M
Deputy Manager - Costing
Bengaluru
Summary
- To continuously strive for higher achievement in life and establish myself as a perfect and accept Challenging work to contribute forward the success of esteem organization by hard work and acquired skills.
- A competent professional with 6 Years of experience in:
- Should Costing and Estimation
- Zero Based Costing
- Vendor development and Negotiation
- Supplier Norms settlement
- BOM Cost reduction
- Cost effective/reduction process establishment
- Strategic Sourcing
- Production & Design
- Press Tooling, Fixture & Pattern Cost Estimation
- Production Linked incentives (PLI)
- Plant audit, Suppliers audit & Dealer Audit.
- VAVE Preparation of ZBC for Sheet metal & assembly parts, Electrical & Electronic parts, Forging & Casting Parts, Machined parts, proprietary parts, Injection moulded parts. Proficient in analysing costing data, Costing management, product supplier selection and project planning. Analyze manufacturing overhead including cycle times, components, assembly, inspection etc. Build cost structures that include direct materials, labour, overhead, and other relevant cost components. Responsible for new development Product Costing as well as regular supply chain. An effective communicator with excellent relationship building & interpersonal skills, Strong analytical, problem-solving & organizational abilities, possess flexible and detail-oriented attitude. Data Management, Stakeholder Management, Techno commercial Audit Benchmark internal, competitor and supplier parts to identify gaps and/or technology advancements for responsible commodity Maintain MIS report for quick tracking of project status & Presentation.
Overview
6
6
years of professional experience
8
8
years of post-secondary education
4
4
Languages
Work History
Deputy Manager-Costing
Mahindra Last Mile Mobility
01.2024 - Current
- Responsible for month-wise Material Cost Reporting (Vehicle Level) & RM inflation reporting.
- Work with swim lane members to access the BOM cost for new parts/concepts and assemblies as well as redesign of existing parts and assemblies.
- Benchmark with competitors and give suggestions to design team for cost optimization.
- Work with CFT for VAVE Ideas and responsible for internal cost benchmarking.
- Work on Zero based cost/ should Costing of for in-house and outsource parts.
- Prepare new application for the PLI Scheme, maintain data for submitted applications and liaise with government agencies like ARAI/IFCI.
- Analyze quantitative and qualitative business data to derive insights & actionable recommendations.
- Coordinate with suppliers to gather data pertaining to financial statements, sales register, GSTR 2B, 3B, and FAR details.
- Work closely with procurement, sourcing, and supply chain teams—particularly within the automotive domain—to deliver effective analytics solutions.
Senior Engineer-Costing
Quest Global
08.2023 - 01.2024
- Calculating actual cost of GE Components and providing target cost to supplier for Stamping, Fabrication Component, Machined parts, Casting, Forging Components.
- Raw material, Process & Commercial Norms settlement with major suppliers.
- Negotiation with supplier to achieve target cost with supplier and Placing Purchase Order.
- Supporting for New Vendor development and sourcing activities.
Engineer – Product Costing
Tirth Agro Technology Pvt Ltd.
10.2021 - 08.2023
- Identify cost drivers and recommend opportunities for cost reduction and efficiency improvements.
- Raw material, Process & Commercial Norms settlement with major suppliers.
- BOM cost reduction by generating and implementing ideas by CFT team.
- Analyze BOMs, supplier quotations, purchase history, and manufacturing process data to derive accurate cost estimates.
- Estimating the Tool and Die cost for Stamping parts, Pattern cost for Casting parts and negotiation with supplier and implementing modification in proto part with/without change in tooling with min. cost impact.
- Estimating the Machining fixture and Welding fixture cost as per production requirement.
- Developing alternate supplier for critical parts to achieve smooth functioning of the production.
- Maintaining healthy relationship with supplier and development of new vendors.
- Visiting suppliers frequently for material constraints of components and quality requirements.
- Maintaining and updating the cost run data for as per actual production time to optimize product cost.
- Settling Norms with different suppliers maintaining quarterly wise data for valuation.
- Preparing Estimation/Budgetary/Conceptual Costing for New products or machines based on customer design inputs.
Junior Engineer – Sales & Marketing Estimation
Veer-O-Metals Pvt. ltd.
10.2019 - 10.2021
- Handling RFQs from major Customers.
- Calculating & preparing quotes according to the customer Demand by studying drawings.
- Preliminary study of the RFQ/drawings to decide to bid or no-bid for sales and management.
- Roll-up Costing for projects to perform RM revision and price validation.
- Finalize on the costing and prepare the techno-Commercial Proposal.
- Prepare Query list based on drawings/inputs and Coordinate with customers to resolve queries.
- Checking Manufacturing feasibility and optimize cost impact in RM, Process and technical terms.
- Managing revision of offers, costing and submittals if any Record for Review.
- Clarify all the budget related queries from Procurement / project Team throughout the project.
- Co-ordination with design department for price and design optimization during project development.
Education
MBA - Finance Management
Manipal Academy of Higher Education
01.2024 - 01.2026
Bachelor degree - Mechanical Engineering
RIT
01.2016 - 01.2019
Diploma - Mechanical Engineering
GPT
01.2013 - 01.2016
SSLC - undefined
Sri Siddhartha high school
Hassan, KarnatakaSkills
Fundamentals of SAP S/4HANA
GD&T application expertise
Interpreting engineering drawings
Advanced Microsoft Excel, Word, and PowerPoint skills
Understanding of Incoterms regulations
International shipping operations
Packaging for exports
Autocad
Creo
Solid Edge
Solid Works
Arithmetic proficiency
Cost analysis for BOM
Power BI data visualization
TCPCM
Apriori
Strategic negotiation skills
Competitive benchmarking analysis
Quotation preparation
Design FMEA-AIAG VDA
Knowledge of material finishes
Manufacturing operations
Supplier relationship Management
Prioritization and scheduling
Applications Knowledge
Timely execution
Collaborative decision making
Verbal communication
Effective written communication
Quality control management
Purchasing and planning
Business development
Cost control
Accomplishments
- Excellence award, 2024-25, Showcasing Discretionary Effort on project execution.
- Mahindra institute Training (MIQ), 2025, Product Costing for automotive, consumer goods & Electrical industries, Essentials of Benchmarking, DFMEA-AIAG VDA.
- Quarter excellence award, 2024, Successful submission of PLI application for manufacturing of Treo vehicle and Certification completion.
Interests
Travelling
Reading
Gardening
Trading
Personal Information
- Date of Birth: 04/01/98
- Gender: Male
- Nationality: Indian
- Marital Status: Unmarried
Timeline
Deputy Manager-Costing
Mahindra Last Mile Mobility
01.2024 - Current
MBA - Finance Management
Manipal Academy of Higher Education
01.2024 - 01.2026
Senior Engineer-Costing
Quest Global
08.2023 - 01.2024
Engineer – Product Costing
Tirth Agro Technology Pvt Ltd.
10.2021 - 08.2023
Junior Engineer – Sales & Marketing Estimation
Veer-O-Metals Pvt. ltd.
10.2019 - 10.2021
Bachelor degree - Mechanical Engineering
RIT
01.2016 - 01.2019
Diploma - Mechanical Engineering
GPT
01.2013 - 01.2016
SSLC - undefined
Sri Siddhartha high school