McKinsey & Company - Consultant/Senior Consultant - Automobile

You will spend about 80% of your time working at the client location as part of consulting teams, helping to solve complex problems in the domains of product development and procurement. This work includes, but is not limited to, end-to-end margin transformation, product- and organization-level EBITDA improvement, rationalizing product design based on competitive teardown analysis and customer insights and building and implementing sourcing strategies. You will also help client teams estimate product should-costs using clean sheet costing, enabling the design of low-cost products. Your work may extend to new product development, where you will focus on reducing development time, cost, and improving quality attributes. You may also conduct surveys to identify improvement areas within organizations to support effective and efficient product development, ultimately helping clients build sustainable R&D capabilities. Other focus areas may include design-to-cost, design-to-value, global sourcing, commodity strategy, cost structure optimization, clean-sheet costing, supplier development, negotiation, strategic sourcing, cost-saving idea identification and leverage, cost reduction, spend analysis, and procurement transformation.

Qualifications:

- 2 - 10 years of experience in the automobile industry in product development and design or product cost optimization or strategic sourcing/purchasing or supplier development or spend analysis or commodity strategy, or cost reduction, negotiations, etc.

- A bachelor's degree is required, with preference in engineering domain.

- Strong analytical and problem-solving skills, with ability to independently structure and design the solution.

- Strong desire to learn and develop within a dynamic, self-led organization Open to extensive travel to client sites.

- Ability to work under pressure and deliver to tight deadlines.

- Ability to work effectively with people at all levels in an organization and to collaborate within a team.

- Skills and ability to communicate complex ideas effectively, both verbally and in writing, in English.