Nikhilesh Jaikumar
Cost Engineer @Bentley Motors
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WORK HISTORY
Cost Engineer @Bentley Motors
Crewe, GB
EDUCATION
University of Bristol
Master of Engineering Management in
Nitte Meenakshi institute of technology
BE
ABOUT NIKHILESH JAIKUMAR
Competitor Analysis: Benchmarking: •Technical & commercial Benchmarking of competitor products involving teardown analysis, Bill of material (BOM) generation, manufacturing & assembly process identification, etc. •Experience in Teardown & Benchmarking analysis of ABS, charge converters, electric motors, Automotive Radar, etc. •Best of Benchmarking to compare competitor products & identify optimised material, manufacturing technology & cost drivers. •Successfully secured a transformer project valued at through IP analysis and competitor benchmarking. •Led Competitive Benchmarking projects for charge converts, DC motors, and transformers identifying key performance & cost optimisation opportunities that informed strategic development decisions. •Organised and led cost review workshops for Battery Management System (BMS) projects, discussing key findings from competitor benchmarking, focusing on major cost drivers for improvement in product development. Cost Analysis and Product Cost Estimation: •Specialist in cost structured analysis, responsible for should costing of plastics, rubber, machined and sheet metal parts using Teamcenter Product Cost Management (TcPCM). •Spearheaded over 400+ Greenfield, and Brownfield projects for numerous products yielding huge cost savings. •Led cost estimation initiatives for numerous products, accurately forecasting product costs within a 5% margin of actual costs, optimising budget allocation and financial planning. •Collaborated with stakeholders from Germany, Czechia, Mexico, and China and managed teams in end-to-end product life cycle projects for OEM clients such as Hyundai, Porsche and BMW. •Conducted comprehensive cost analysis across Europe, Asia, Africa, and America, ensuring accurate and competitive pricing on a global scale. Procurement Management and Supplier Development: •Assisted product buyers in Annual price negotiations, Alternate supplier development, supplier sourcing, & localisation. •Analysed RFQs to provide Gap Analysis data, optimising materials and processes to aid negotiation and realise cost savings. •Supported product buyers with bid preparation and collaborated with the procurement team to negotiate contracts for long-term projects, ensuring favourable terms and cost efficiency. •Built and maintained supplier relationships through Technical Supplier Discussions (TSD) and on-site visits. •Managed Total Cost Ownership (TCO) for the DCDC Gen3 charge converter, ensuring alignment with business objectives to drive operational excellence and enhance profitability.
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