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15.0 - 18.0 years

45 - 65 Lacs

pune, bengaluru

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Mandatory Skills: Product Costing , Apriori , TCPCM Good to have: Automotive & Manufacturing industry Experience : 15 to 18 years Job Location : Bangalore / Pune About the Role This role serve as a key liaison between business stakeholders and technical teams. The ideal candidate will possess in-depth knowledge of the end-to-end product costing lifecycle, coupled with hands-on experience in configuring, implementing, and supporting PCM solutions such as Teamcenter Product Cost Management or equivalent platforms. This role requires close collaboration with cross-functional teams including Finance, Procurement, Manufacturing, Engineering, and Digital to design and deliver solutions that provide both accurate cost information and powerful analytical capabilities What You Will Do Lead and contribute to consulting engagements focused on both product cost management and cost analytics. Analyze and optimize existing product costing processes, identifying opportunities for improvement in accuracy, efficiency, and control. Design and implement product costing solutions within relevant systems -Teamcenter PCM, aPriori, or custom-built tools including configuration and customization. Collaborate with PLM/ERP teams to integrate costing with BOM, routing, and material data. Develop and implement data models and analytical frameworks to extract valuable insights from product cost data. Utilize data visualization tools (e.g. Qlik, Klera) to create insightful dashboards and reports that communicate key cost drivers, trends, and variances. Collaborate with technical teams to ensure the seamless integration of product costing data with data warehouses, business intelligence platforms, and other analytical tools. Develop and execute test plans to validate the accuracy and reliability of both product costing configurations and analytical outputs. Prepare comprehensive documentation, including functional specifications, configuration guides, data flow diagrams, and analytical reports. Conduct workshops and training sessions for client users on product costing processes, system functionalities, and analytical tools. Stay updated with latest trends and tools in digital costing, data analytics, and industry best practices. Contribute to the development of internal knowledge assets, methodologies, and accelerators related to product costing and analytics. Supports cost template modeling, calculation rules, scenario configuration. Maintains BOM, material master, routing interfaces between PCM and SAP, PLM, MES and other systems. Responsible for designing, developing, and maintaining cost analysis reports and dashboards that help stakeholders monitor and optimize product costing strategies. Responsible for data Quality and Governance of Product cost and Carbon data. What You Need to Be Successful 15-18 years of consulting or industry experience with a significant focus on both product cost management and data analytics. Strong understanding of product costing principles, methodologies (e.g. standard costing, actual costing, activity-based costing), and their data implications. Strong experience in configuring and implementing product costing modules -Siemens TCPCM, aPriori Proficiency in data visualization tools (e.g. Power BI, Tableau, Qlik Sense). Experience with data modeling, ETL processes, and data warehousing concepts. Strong SQL skills for data querying and manipulation. Excellent communication (written and verbal), presentation, and interpersonal skills with the ability to explain complex technical and financial concepts to both technical and non-technical audiences. Ability to work independently and collaboratively within a team environment. Strong problem-solving and analytical skills with a keen attention to detail. Willingness to travel as required by client engagements. Bonus Points if You Have Bachelors degree in accounting, Finance, Industrial Engineering, Data Science, Business Analytics, Information Technology, or a related field. A masters degree is a plus. Experience with statistical analysis tools and programming languages. Knowledge of machine learning concepts and their application in cost analysis. Experience with cloud-based data platforms (e.g. AWS, Azure). Familiarity with financial planning and analysis (FP&A) processes. Relevant certifications in areas such as data analytics, business intelligence, PLM, PCM and ERP. Experience in Automotive or High-tech industry What Makes You Eligible Willingness to travel as required by client engagements.. Be willing to work in the Bangalore/Pune office.

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8.0 - 13.0 years

5 - 9 Lacs

bengaluru

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At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. Job Overview TE Connectivity s Product Engineering Teams optimize existing products from information or input provided by marketing, customers, Operation Teams, Development Engineers or other employees. They maintain existing products, processes, and specifications including modifications for new applications consistent with manufacturing techniques and economies. They also initiate and implement programs to continuously improve quality, and cost, while meeting customer requirements and may support and implement product extensions to existing platform products to meet specific customer requirements. They are the key experts in the products they are responsible for at TE. Responsibilities Understand stakeholder request and establish scope of work Evaluate form, fit, function and application of the products under study Dis-assemble products systematically for comparative study with competitor products Prepare sample for functional test and material characterization Perform dimensional study using metrology tools 2D CMM & generate models using 3D Scanners Prepare samples for metallurgical evaluation and characterization using high end equipment such as scanning electron microscope, spectrometers etc. Conduct basic functional tests for mechanical and electrical parameter measurement Assess products for functional value and associated cost using Value Engineering methodologies Analyze and evaluate design for materials, manufacturing process & supply chain for value analysis / value engineering opportunities. Develop comprehensive report on product analysis and generate cost out ideas Execute & drive VAVE projects starting from Idea generation to Implementation Co-ordinate with Global & local stake holders for project execution Provide Technical support , root cause failure analysis and problem-solving assistance on manufacturing or quality issues related to VAVE projects Skill Set and Profile Experience in electrical & mechanical design consideration for Mechanical and electromechanical product development in industrial / aerospace / automotive / medical / energy domain Experience in understanding top level functional requirements of a product and designing the components/subsystems to meet Product Performance criteria. Hands on experience for tearing apart assemblies / sub-assemblies of electromechanical parts Experience in manufacturing operations such as stamping, molding, machining & coating Experience in metal & polymer characterization for material type, grade & secondary operations Experience in should costing of components related to multiple commodities like, plastic, sheet metal, machining, extrusion etc. Knowledge on VAVE methodology & project life cycle Capable of Handling Multiple Projects simultaneously. Good Conceptual, problem solving and Analytical Skills. Should be Self-Motivated, Adaptive, Passionate about results and a Good Team Player Strong Interpersonal & stake holder management skill Strong Technical Aptitude with Willingness to explore & learn new Technologies. Demonstrated Experience of working in a fast paced and changing environment with tight deadlines Knowledge of aPriori tools will be an added advantage. Qualification and Experience B.E./B.Tech. in Metallurgy / Mechanical Engineering 8+ years of experience in engineering field for reverse engineering, competitor product benchmarking, should costing & Value Engineering Competencies ABOUT TE CONNECTIVITY TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, renewable energy, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 8,000 engineers, working alongside customers in approximately 140 countries. TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn , Facebook , WeChat, Instagram and X (formerly Twitter). WHAT TE CONNECTIVITY OFFERS: We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority! Competitive Salary Package Performance-Based Bonus Plans Health and Wellness Incentives Employee Stock Purchase Program Community Outreach Programs / Charity Events Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site. Location

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8.0 - 13.0 years

5 - 9 Lacs

bengaluru

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At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. Job Overview TE Connectivitys Product Engineering Teams optimize existing products from information or input provided by marketing, customers, Operation Teams, Development Engineers or other employees. They maintain existing products, processes, and specifications including modifications for new applications consistent with manufacturing techniques and economies. They also initiate and implement programs to continuously improve quality, and cost, while meeting customer requirements and may support and implement product extensions to existing platform products to meet specific customer requirements. They are the key experts in the products they are responsible for at TE. Responsibilities Understand stakeholder request and establish scope of work Evaluate form, fit, function and application of the products under study Dis-assemble products systematically for comparative study with competitor products Prepare sample for functional test and material characterization Perform dimensional study using metrology tools 2D CMM & generate models using 3D Scanners Prepare samples for metallurgical evaluation and characterization using high end equipment such as scanning electron microscope, spectrometers etc. Conduct basic functional tests for mechanical and electrical parameter measurement Assess products for functional value and associated cost using Value Engineering methodologies Analyze and evaluate design for materials, manufacturing process & supply chain for value analysis / value engineering opportunities. Develop comprehensive report on product analysis and generate cost out ideas Execute & drive VAVE projects starting from Idea generation to Implementation Co-ordinate with Global & local stake holders for project execution Provide Technical support , root cause failure analysis and problem-solving assistance on manufacturing or quality issues related to VAVE projects Skill Set and Profile Experience in electrical & mechanical design consideration for Mechanical and electromechanical product development in industrial / aerospace / automotive / medical / energy domain Experience in understanding top level functional requirements of a product and designing the components/subsystems to meet Product Performance criteria. Hands on experience for tearing apart assemblies / sub-assemblies of electromechanical parts Experience in manufacturing operations such as stamping, molding, machining & coating Experience in metal & polymer characterization for material type, grade & secondary operations Experience in should costing of components related to multiple commodities like, plastic, sheet metal, machining, extrusion etc. Knowledge on VAVE methodology & project life cycle Capable of Handling Multiple Projects simultaneously. Good Conceptual, problem solving and Analytical Skills. Should be Self-Motivated, Adaptive, Passionate about results and a Good Team Player Strong Interpersonal & stake holder management skill Strong Technical Aptitude with Willingness to explore & learn new Technologies. Demonstrated Experience of working in a fast paced and changing environment with tight deadlines Knowledge of aPriori tools will be an added advantage. Qualification and Experience B.E./B.Tech. in Metallurgy / Mechanical Engineering 8+ years of experience in engineering field for reverse engineering, competitor product benchmarking, should costing & Value Engineering Competencies ABOUT TE CONNECTIVITY TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, renewable energy, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 8,000 engineers, working alongside customers in approximately 140 countries. TE ensures that EVERY CONNECTION COUNTS. Learn more atwww.te.com and onLinkedIn, Facebook, WeChat, Instagram and X (formerly Twitter). WHAT TE CONNECTIVITY OFFERS: We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority! Competitive Salary Package Performance-Based Bonus Plans Health and Wellness Incentives Employee Stock Purchase Program Community Outreach Programs / Charity Events Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site.

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10.0 - 15.0 years

4 - 8 Lacs

bengaluru, karnataka, india

On-site

Lead a team of cost analysts and drive global initiatives in should-cost modeling and value engineering across direct material categories (plastics, metals, electronics, assemblies). Build organizational capability in cost modeling, parametric estimation, and design-to-value principles to influence product cost decisions and supplier negotiations. Drive VAVE (Value Analysis / Value Engineering) workshops with cross-functional teams to identify product/process cost reduction and value improvement opportunities. Oversee development and governance of parametric cost models using tools such as aPriori; ensure models are aligned with current manufacturing trends and global cost factors. Collaborate closely with R&D, Engineering, Procurement, and Finance to shape cost-conscious product designs and supplier strategies during NPI and sustaining phases. Institutionalize design-to-cost and design-for-manufacturing practices across development lifecycles. Provide leadership in supplier clean-sheet negotiations and cost benchmarking; lead cost audits and deep-dive workshops with global suppliers. People and Process Leadership Coach and mentor a team of cost analysts; set clear goals, provide feedback, and build domain expertise. Define standard operating procedures for should-cost analysis, value engineering reviews, and clean-sheet costing. Act as the global point of contact for should-costing practices in specific categories or platforms. Represent the cost/value engineering function in cross-functional forums, governance councils, and executive reviews. Skills and Competencies 10+ years of experience in cost engineering, value engineering, or sourcing analytics, preferably in a global manufacturing or MedTech environment. Proven team leadership with ability to influence across technical and commercial stakeholders. Strong analytical and modeling skills; hands-on experience with aPriori, SolidWorks/Creo, SAP, and PLM tools. Expertise in manufacturing processes, cost drivers, and supply chain dynamics across global regions. Experience in facilitating cost/value workshops, driving supplier cost discussions, and delivering executive-ready insights. Strategic thinking with a bias for execution and continuous improvement. Preferred Qualifications Bachelor s degree in Mechanical/Manufacturing Engineering, Industrial Engineering, or Supply Chain (Master s preferred). Certified in Value Analysis / Value Engineering or Lean Product Development. Familiarity with DFX principles (DFM/DFA), cost accounting, and operations strategy.

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5.0 - 8.0 years

0 Lacs

india

On-site

The Impact You'll Make As our Consultant, Category Cost Down (Electromechanics) , you'll play a key role in driving cost competitiveness across our electromechanical supply base. Your impact By combining technical teardown, should-costing, and market intelligence, you'll help Procurement teams identify, validate, and deliver cost-down opportunities that improve both business performance and supplier collaboration. You'll also contribute to decarbonization initiatives, ensuring that cost leadership goes hand in hand with sustainable practices. You'll collaborate closely with Procurement, Engineering, Manufacturing, teams and take ownership of structured cost-down activities, helping us move toward a more efficient, innovative, and sustainable future . What You'll Be Doing Lead teardowns, reverse engineering, and BOM generation for purchased electromechanical components to identify cost-down opportunities Prepare and review should-cost analysis and deliver validated opportunities to Category/BU Procurement for implementation Track, govern, and follow up on cost-down initiatives to ensure adoption, feedback, and continuous improvement Grow and maintain the cost-down pipeline, identifying new opportunities and contributing to both existing and new product cost-down projects Apply market intelligence and industry best practices to strengthen the robustness of cost analysis and decision-making What We're Looking For Bachelor's degree in Mechanical, Electrical, or Electronics Engineerin 5-8 years of experience in a manufacturing environment, with proven track record in cost analysis of electromechanical components (transformers, chokes, filters, wiring harnesses, fans, PCB/A, connectors Strong ability to interpret engineering drawings and GD&T, and perform teardown/reverse engineering Experience with should-costing tools such as aPriori, TCPCM, or similar system Proven ability to deliver cost savings through product cost management principles Strong analytical, communication, and collaboration skills, with experience in global and interdisciplinary environment Self-starter with the ability to manage multiple complex projects independently, while contributing to a One Danfoss mindset. Ready to Make a Difference If this role excites you, we'd love to hear from you! Apply now to start the conversation and learn more about where your career can go with us.

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7.0 - 9.0 years

0 Lacs

chennai, tamil nadu, india

On-site

Should Cost Analysis of new and existing components of global and local KONE products utilizing aPriori and other selected costing methods and toolsPlan Should Cost Analysis cases together with team members and case owners from KONE Sourcing, Technology & Innovation and other functions Request and acquire data for the cases from cross-functional team including all needed design data, supply chain related information, visit supplier and in-house factories when necessary to collect information about manufacturing process, etc. Work as a team member to perform Should Cost Analysis utilizing best practices, tools and methods, and best available information. Create reports and communicate results and conclusions of the analysis in a clear and professional manner Organize reviews of the cost analysis with the case participants When requested, participate in actions to utilize the results of the Should Cost Analysis, including participating in supplier negotiations with Sourcing, design reviews with Technology & Innovation teams, etc. Participate in development of new Should Cost Analysis methods, tools, and processes, and in calibration of Should Costing assumptions e.g. by doing time studies and other information gathering from reference factories Primary Skills Deep knowledge of sheet metal / machining / plastics / PCBA / wire harness / mechanical assembly processes, etc. Understanding of mechanical / electrical design principles and methods / electrical component price benchmarking Understanding of product cost analysis concepts Motivation to work in and with agile, cross-functional, and multicultural teams Good communication skills to work efficiently with team members and internal & external stakeholders Secondary Skills Product cost management software (aPriori or other) experience preferred Proficient in MS Office Organized, team player and self-motivated Education and Experience Undergraduate degree in Mechanical/Production/ Industrial /Electrical/Electronics/Mechatronics Engineering 7 years and above experience on product costing. Read more on

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1.0 - 6.0 years

6 - 13 Lacs

chennai

Work from Office

Role: Costing Engineer / VAVE Engineer Qualification: Diploma / B.E. / B. Tech Mechanical Total Experience : 1-8 Years Requirement Date: Immediately to 30 days Key Skills: Sheet metal, plastic injection moulding, die casting, machining, aPriori, TcPCM, Excel-based templates, VAVE & Benchmarking, MS Office. Key Purpose of the Job: We are seeking a skilled Mechanical Should Costing Engineer to develop and manage cost models for mechanical components. The ideal candidate will have hands-on experience in manufacturing processes and cost estimation, with a strong ability to collaborate across engineering, sourcing, and supplier teams. Roles and Responsibilities Domain Knowledge: Telecom-Networking / Semiconductor/ Consumer Electronics, High volume manufacturing/ Automotive/ Heavy Engineering etc. 1 to 8 years of experience in mechanical costing, manufacturing engineering, or supplier development. Experience in product development, cost modeling, and supplier engagement. Creating detailed should cost models for mechanical commodities including sheet metal, plastic, die-casting, and machined parts. Analyze CAD models and BOMs to extract dimensional data and material specifications using tools like Creo and SolidWorks Estimate material costs, primary and secondary process costs, and overheads for each component. Identify and describe optimized manufacturing processes such as blanking, piercing, embossing, bending, machining, powder coating, anodizing, welding, and inspection. Collaborate with commodity managers and purchasing teams to support supplier negotiations and cost gap analysis. Participate in VAVE (Value Analysis/Value Engineering) and benchmarking exercises to identify cost-saving opportunities. Document and present cost breakdowns including raw material, labor, machine hour rate (MHR), setter cost, profit margins, and inventory carrying costs Support design optimization efforts by evaluating alternative materials and manufacturing methods (e.g., switching from aluminum to sheet metal for cost efficiency) interested candidates, apply here or share your profile to venkateshp@hcltech.com with below details Current CTC/Expected CTC/Notice period

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2.0 - 7.0 years

4 - 9 Lacs

bengaluru

Work from Office

Role & responsibilities Strong should costing knowledge of Sheet metal, Casting, Machining and Plastic components. Should have good knowledge of building aPriori Virtual Production Environment (VPE) & Cost Modeling. Should cost of the existing or new Sheet Metal, Casting, Machining, Plastic components. Build / Customize cost models for required processes in Excel using macros.

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8.0 - 14.0 years

0 Lacs

chennai, tamil nadu

On-site

As a Cost Analyst & Program Manager specializing in cost reductions for engine and transmission systems, particularly in the Tractors or Off-Highway vehicles sector, you will play a crucial role in driving cost reduction initiatives, performing detailed cost analysis, and managing cross-functional projects using technical and commercial levers. Your proficiency in cost estimation and manufacturing processes for engine and transmission components, along with hands-on experience in Casting, Forging, Machining, and Proprietary parts, will be essential. In addition, your strong knowledge of Design-to-Cost (DtC) methodologies and BOM cost roll-up analysis, coupled with experience using tools like aPriori, TcAE, and Advanced Excel, will be valuable assets in this role. Your analytical and problem-solving capabilities, proven program management skills, and ability to lead cross-functional teams will be key in prioritizing and managing multiple cost initiatives concurrently. You will be responsible for developing and maintaining BOM cost roll-ups and forecasts for key product development milestones, performing top-down and bottom-up cost analyses, ensuring BOM alignment through design release phases, and interfacing between development teams and cost modeling teams. Moreover, you will lead cross-functional cost reduction programs across engine and transmission components, facilitating idea generation workshops, conducting feasibility studies, defining and tracking program timelines, ensuring project milestones are met, and driving and monitoring execution through structured meetings, actions tracking, and stakeholder engagement. If you are a detail-oriented professional with a passion for cost management and program delivery in the automotive industry, this role offers a challenging opportunity to make a significant impact on cost reduction initiatives within a dynamic and collaborative work environment.,

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0.0 - 2.0 years

2 - 4 Lacs

mohali

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CostMasters is looking for Cost Engineer to join our dynamic team and embark on a rewarding career journey Analyzing customer needs to determine appropriate solutions for complex technical issues Creating technical diagrams, flowcharts, formulas, and other written documentation to support projects Providing guidance to junior engineers on projects within their areas of expertise Conducting research on new technologies and products in order to recommend improvements to current processes Developing designs for new products or systems based on customer specifications Researching existing technologies to determine how they could be applied in new ways to solve problems Reviewing existing products or concepts to ensure compliance with industry standards, regulations, and company policies Preparing proposals for new projects, identifying potential problems, and proposing solutions Estimating costs and scheduling requirements for projects and evaluating results

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4.0 - 6.0 years

4 - 9 Lacs

chennai

Work from Office

HCL Tech Walkin drive on 23rd August 2025- Costing engineer - Chennai Location Job Details: Role: Costing Engineer / VAVE Engineer Qualification: Diploma / B.E. / B. Tech Mechanical Total Experience : 4-6 Years Notice Period: Immediate joinee/15 Days/ 30 Days Key Skills: Sheet metal, plastic injection moulding, die casting, machining, aPriori, TcPCM, Excel-based templates, VAVE & Benchmarking, MS Office. Key Purpose of the Job: We are seeking a skilled Mechanical Should Costing Engineer to develop and manage cost models for mechanical components. The ideal candidate will have hands-on experience in manufacturing processes and cost estimation, with a strong ability to collaborate across engineering, sourcing, and supplier teams. Roles and Responsibilities Domain Knowledge: Telecom-Networking / Semiconductor/ Consumer Electronics, High volume manufacturing etc. Bachelors or masters degree in mechanical engineering or related field. 3 to 5 years of experience in mechanical costing, manufacturing engineering, or supplier development. Experience in product development, cost modeling, and supplier engagement. Creating detailed should cost models for mechanical commodities including sheet metal, plastic, die-casting, and machined parts. Analyze CAD models and BOMs to extract dimensional data and material specifications using tools like Creo and SolidWorks Estimate material costs, primary and secondary process costs, and overheads for each component. Identify and describe optimized manufacturing processes such as blanking, piercing, embossing, bending, machining, powder coating, anodizing, welding, and inspection. Collaborate with commodity managers and purchasing teams to support supplier negotiations and cost gap analysis. Participate in VAVE (Value Analysis/Value Engineering) and benchmarking exercises to identify cost-saving opportunities. Document and present cost breakdowns including raw material, labor, machine hour rate (MHR), setter cost, profit margins, and inventory carrying costs Support design optimization efforts by evaluating alternative materials and manufacturing methods (e.g., switching from aluminum to sheet metal for cost efficiency) Venue Location: CHENNAI HCLTech Elcot Sez, New Cafeteria 2nd Floor 602/3, 138, Medavakkam High Road, Sholinganallur,Chennai-600119 Contact Person: Laveena Deenadayalan Interested candidates can share their CV on below mail id - laveena.deenadayalan@hcltech.com with Below details Current Company: Current CTC: Expected CTC: Notice Period: Location: Consider this call letter and please open the below link and fill details https://lnkd.in/gzc7RkCF

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8.0 - 13.0 years

5 - 9 Lacs

bengaluru

Work from Office

Job Overview TE Connectivitys Product Engineering Teams optimize existing products from information or input provided by marketing, customers, Operation Teams, Development Engineers or other employees. They maintain existing products, processes, and specifications including modifications for new applications consistent with manufacturing techniques and economies. They also initiate and implement programs to continuously improve quality, and cost, while meeting customer requirements and may support and implement product extensions to existing platform products to meet specific customer requirements. They are the key experts in the products they are responsible for at TE. Responsibilities Understand stakeholder request and establish scope of work Evaluate form, fit, function and application of the products under study Dis-assemble products systematically for comparative study with competitor products Prepare sample for functional test and material characterization Perform dimensional study using metrology tools 2D CMM & generate models using 3D Scanners Prepare samples for metallurgical evaluation and characterization using high end equipment such as scanning electron microscope, spectrometers etc. Conduct basic functional tests for mechanical and electrical parameter measurement Assess products for functional value and associated cost using Value Engineering methodologies Analyze and evaluate design for materials, manufacturing process & supply chain for value analysis / value engineering opportunities. Develop comprehensive report on product analysis and generate cost out ideas Execute & drive VAVE projects starting from Idea generation to Implementation Co-ordinate with Global & local stake holders for project execution Provide Technical support , root cause failure analysis and problem-solving assistance on manufacturing or quality issues related to VAVE projects Skill Set and Profile Experience in electrical & mechanical design consideration for Mechanical and electromechanical product development in industrial / aerospace / automotive / medical / energy domain Experience in understanding top level functional requirements of a product and designing the components/subsystems to meet Product Performance criteria. Hands on experience for tearing apart assemblies / sub-assemblies of electromechanical parts Experience in manufacturing operations such as stamping, molding, machining & coating Experience in metal & polymer characterization for material type, grade & secondary operations Experience in should costing of components related to multiple commodities like, plastic, sheet metal, machining, extrusion etc. Knowledge on VAVE methodology & project life cycle Capable of Handling Multiple Projects simultaneously. Good Conceptual, problem solving and Analytical Skills. Should be Self-Motivated, Adaptive, Passionate about results and a Good Team Player Strong Interpersonal & stake holder management skill Strong Technical Aptitude with Willingness to explore & learn new Technologies. Demonstrated Experience of working in a fast paced and changing environment with tight deadlines Knowledge of aPriori tools will be an added advantage. Qualification and Experience B.E./B.Tech. in Metallurgy / Mechanical Engineering 8+ years of experience in engineering field for reverse engineering, competitor product benchmarking, should costing & Value Engineering

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3.0 - 8.0 years

3 - 8 Lacs

Bengaluru, Karnataka, India

On-site

Roles and Responsibilities Conduct detailed should-cost analysis for various components, including sheet metal, casting, machining, and plastic parts , to support sourcing, design, and cost optimization initiatives Build and maintain Virtual Production Environments (VPE) and develop accurate cost models using tools like aPriori or similar platforms Collaborate with design, engineering, and procurement teams to evaluate cost drivers and identify cost-saving opportunities early in the product development cycle Analyze supplier quotes and manufacturing processes to validate costs and recommend more cost-effective alternatives Interpret engineering drawings, specifications, and 3D models to estimate manufacturing costs and assess process feasibility Benchmark industry costs, technologies, and regional manufacturing practices to ensure competitive pricing Support Value Engineering (VE) and Design to Cost (DTC) initiatives by providing cost impact assessments and process improvement recommendations Work closely with global sourcing teams to develop target costing strategies and facilitate supplier negotiations Develop and maintain costing databases, including labor rates, machine rates, material prices, and process parameters Prepare and present cost analysis reports, cost breakdowns, and scenario comparisons to cross-functional stakeholders Stay updated on manufacturing trends, cost modeling best practices, and aPriori software enhancements Assist in training junior engineers or cross-functional partners on cost estimation methods and tools

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4.0 - 8.0 years

4 - 9 Lacs

Bengaluru

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Responsible for analyzing and optimizing material costs, initially focusing on mech., drawing based on raw materials. Handle complete product cost analysis. Analyze the cost structure of purchased parts. Utilize costing software tools(aPriori, Tset).

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12.0 - 17.0 years

40 - 45 Lacs

Thiruvallur

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Role Definition As an Engineering Manager at Caterpillar Inc., you will play a crucial role in developing and executing strategies to deliver globally impactful cost improvement solutions. In this working leader/supervisor role, you will lead a team of Cost Engineers dedicated to providing comprehensive analysis focused on driving cost optimization and solutions. You will collaborate closely with design engineering, procurement, New Product Introduction (NPI) teams, and other partners outside your division to ensure seamless integration of cost improvement initiatives. Your primary responsibilities will include leading a regional team of Cost Engineers on cost analysis projects, providing recommendations for optimal costs, and supporting supplier negotiations using comprehensive cost models, critical industry data, and other relevant factors. A strong emphasis will be placed on People Development, including mentoring, coaching, and fostering a high-performance culture that supports individual growth and team capability building. Responsibilities Provide strategic leadership with a strong emphasis on people development, including mentoring, coaching, and fostering a high-performance culture that supports individual growth and team capability building. Additionally, you will ensure efficient resource management by effectively managing the team within budget constraints. This includes leveraging the best talents within the team and identifying new resources to build a robust talent pipeline, ensuring the team is well-equipped to meet future challenges. Lead a dynamic team of Cost Engineers in creating robust should-cost models and developing data-driven strategies for supplier negotiations. Your team will conduct thorough cost analyses, leveraging extensive research to explore factors such as raw materials, labor, energy, and transportation to optimize procurement strategies. The team will provide compelling insights into global markets by leveraging advanced cost analysis tools and global systems. While your primary role is to lead and mentor your team, you may occasionally engage directly to ensure high standards of analysis and strategy. Actively build and nurture relationships with extended organizations, fostering trust, collaboration and driving mutual success. Facilitate collaboration among cross-functional teams, orchestrating discussions in meetings with engineers, purchasing professionals, NPI teams and key stakeholder leaders to drive strategic cost improvements. Degree Requirement Bachelors / Masters degree in engineering with over 12 years of progressive experience in Engineering or Purchasing roles within the heavy equipment or automotive industry is ideal. Preferred Qualifications: Experience in engineering design and/or supplier manufacturing processes and management. Familiarity with heavy machinery or similar industries, providing valuable context for immediate contribution. Experience with systems such as aPriori, TcPCM, Tableau, Power BI, ERP procurement systems, manufacturing management systems, and supply chain management systems. Experience with Six Sigma methodologies, Black Belt certification, or demonstrated lean process improvement experience to enhance operational excellence. Skilled in comprehensive cost analyses, utilizing advanced research techniques to gather and analyze industry information and trends. Capable of synthesizing large datasets and extracting actionable insights. Skill Descriptors Effective Communications: Proficient in leading discussions and meetings with cross-functional teams, including engineers, purchasing professionals, NPI teams, Leadership personnel and other business units. Ability to articulate complex ideas clearly and concisely, fostering collaboration and alignment across diverse stakeholders. Demonstrated ability to engage directly with senior leaders and present data-based recommendations to drive consensus and action. Level Working Knowledge: Delivers helpful feedback that focuses on behaviors without offending the recipient. Listens to feedback without defensiveness and uses it for own communication effectiveness. Makes oral presentations and writes reports needed for own work. Avoids technical jargon when inappropriate. Looks for and considers non-verbal cues from individuals and groups. Managing People: Demonstrates strong organizational capabilities with a proven ability to lead and nurture diverse teams, effectively manage competing priorities, and drive innovative improvements in processes and tools. Ensures smooth execution and optimal outcomes while proactively addressing performance challenges and resolving workplace conflicts with diligence and professionalism. Level Working Knowledge: Assesses the amount of time and resources needed to accomplish a task; delegates work accordingly. Explains how the team's work contributes to the success of the organization; creates a shared vision. Reviews progress and performance of employees; addresses bottlenecks or concerns impending employee growth. Uses multiple channels such as meetings, e-mails, newsletters to communicate important messages with the team regularly. Works with employees to set and define performance standards and career development goals; supports in achieving them. Technical Excellence: Knowledge of a given technology and various application methods; ability to develop and provide solutions to significant technical challenges. Level Extensive Experience: Advises others on the assessment and provision of all technical solutions. Engages appropriate subject matter resources to effectively resolve technical issues. Mentors others to enhance their technical competence and its application to achieve more effective technical solutions. Coaches others in promoting, defining, analyzing, and providing superior technical solutions to business problems. Provides effective solutions to moderate technical challenges through strong technical competence, effectively examining implications of events and issues. Assumes accountability for personal technical performance and holds others responsible for theirs Project Management: Knowledge of effective project management strategies and tactics; ability to plan, organize, monitor, and control projects, ensuring efficient utilization of technical and administrative resources to achieve project objectives and teams short- and long-term strategies. Level Extensive Experience: Utilizes preferred tools, techniques and methods for estimating project cost and time. Plans, estimates, staffs, organizes and monitors significant projects. Identifies risks and vulnerabilities; creates contingency plans. Conducts regular and ad-hoc project reviews with project team, sponsors, and clients. Maintains open communication among project participants and interested parties. Communicates reporting requirements; creates monitoring and control mechanisms. Customer/Market Focus: Understanding of the importance of remaining aware of shifting market priorities and ability to respond to internal and external customer needs in a manner that consistently adds value. Level Working Knowledge: Surfaces new or unexpressed customer needs. Focuses product and service features and functions on the customer's critical success factors. Develops consistent methods for maintaining customer responsiveness. Delivers customer value within parameters of profitability and other targets. Relocation is available for this position.

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2.0 - 6.0 years

3 - 8 Lacs

Vadodara

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• B.E. in Mechanical Engineering with 3 to 5 years of Automotive, T& OH, Tractor industry experience as Should costing engineer. • Working exposure to manufacturing processes of various engineering commodities (Sheet metal, Machined items, Plastic, Rubber, assemblies, etc.) experience in Plastic & sheet metal is primarily. • Hands on exposure to new product development with supplier end. Technical support to vendor for process mapping, machine selection • Cost calculations for reference/target cost and negotiations for new components • Understanding of cost and drivers and independent cost calculations with minimal support • Knowledge about different machines, machines hourly rate, MHR, overheads & Profit etc. Supplier quote analysis and providing comprehensive report / negotiation dossier to Commodity team for Price negotiation discussion with Supplier. • Hands on experience of cost mapping for engineering parts & assemblies. Should be able to define best suited manufacturing process, machine selection, cycle time calculations. • Drawing reading, good knowledge of GD&T. • Working experience of various should costing software like aPriori, Costimator, TcPCM TO APPLY : https://forms.office.com/r/nWZtPJPDG5

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6.0 - 8.0 years

15 - 20 Lacs

Hyderabad

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Job description: LRR Technologies is currently hiring talented people to work with Carrier Corporation. Carrier Corporation (NYSE: CARR) is a global provider of innovative heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies boasting annual sales of over $20 billion, with 58,000 employees spread across 160+ countries. For its R&D center in Hyderabad, Carrier is looking for a talented Should Costing Engineer. Carrier was founded in 1915 as an independent, American company, manufacturing and distributing heating, ventilating and air conditioning (HVAC) systems, as well as commercial refrigeration and food service equipment. Built on Willis Carrier's invention of modern air conditioning in 1902, Carrier is a world leader in heating, air-conditioning and refrigeration solutions. We constantly build upon our history of proven innovation with new products and services that improve global comfort and efficiency. Job Responsibilities: 6+ years of experience in Should Cost Analysis / Teardown / Benchmarking / Value Engineering (VAVE) Team. Knowledge on VAVE methodology & Project life cycle. Strong Conceptual, problem solving and Analytical Skills and to be generate Concept models in Creo. Thorough understanding of manufacturing basics and cost structure, especially for fabricated component process such as plastic injection, Stamping, Sheet metal, Machining, Casting. Good Knowledge on various Plating & Finishing process used in Industries (Painting, Powder Coating, Plating). Knowledge on Drawing Study, GD & T and welding symbols. Should have experience in Mfg. process work centers and machines being used to define Machine Hr. rates. Develop Customized Templates and approach for Manual costing based on special process requirements. Experience working for product design, multiple material selections, Raw material technical specifications. Should have the detailed understanding of the design phases of the electro-mechanical products and the deliverables at each stage of the design. Should demonstrate the strong decision making skills, communication & collaboration skills to manage the various stakeholders globally to generate DtV opportunities. Experience in PLM system is required to get drawings and cost data (Windchill) and analyze them to generate cost effective ideas. Qualifications: BE with 6-8+ years' experience in HVAC, Industrial & Appliances. Various Valves, Air & Water Cooled, Heat Exchangers and Compressors. Added advantage of electrical products i.e. Circuit breaker, Fuses, Panel boards & Contactors. Skills: Should have Experience to execute in Costing software i.e. aPriori, Seer, DFMA. Product design, VAVE expertise, Electromechanical products Cost out & cost avoidance, Teardown & benchmarking, BOM costing. Hands on experience in Creo 9. Six sigma Green belt certification will be added advantage. Perks and Benefits: The position will pay quite well - Rs. 15-20 lakh per annum is the band, and the final amount may be even higher depending on your experience and expertise. If made an offer, you will need to join in 4 weeks. This is the opportunity of a lifetime for people looking to specialize in highly coveted niche futuristic skills, and to work in a top multinational company with excellent employee-first initiatives. We look forward to your application.

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6.0 - 11.0 years

5 - 15 Lacs

Chennai

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• Working exposure to manufacturing processes of various engineering commodities (Sheet metal, Machined items, Plastic, Rubber, assemblies, etc.) experience in Plastic & sheet metal is primarily. • Hands on exposure to new product development with supplier end. Technical support to vendor for process mapping, machine selection • Cost calculations for reference/target cost and negotiations for new components • Understanding of cost and drivers and independent cost calculations with minimal support • Knowledge about different machines, machines hourly rate, MHR, overheads & Profit etc. Supplier quote analysis and providing comprehensive report / negotiation dossier to Commodity team for Price negotiation discussion with Supplier. • Hands on experience of cost mapping for engineering parts & assemblies. Should be able to define best suited manufacturing process, machine selection, cycle time calculations. • Drawing reading, good knowledge of GD&T.

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2.0 - 6.0 years

2 - 7 Lacs

Pune, Ahmedabad, Vadodara

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• Working exposure to manufacturing processes of various engineering commodities (Sheet metal, Machined items, Plastic, Rubber, assemblies, etc.) experience in Plastic & sheet metal is primarily. • Hands on exposure to new product development with supplier end. Technical support to vendor for process mapping, machine selection • Cost calculations for reference/target cost and negotiations for new components • Understanding of cost and drivers and independent cost calculations with minimal support • Knowledge about different machines, machines hourly rate, MHR, overheads & Profit etc. Supplier quote analysis and providing comprehensive report / negotiation dossier to Commodity team for Price negotiation discussion with Supplier. • Hands on experience of cost mapping for engineering parts & assemblies. Should be able to define best suited manufacturing process, machine selection, cycle time calculations. • Drawing reading, good knowledge of GD&T.

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3.0 - 8.0 years

0 - 0 Lacs

Chennai

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Greeting From INTELIZIGN! We have opening for costing Engineer. Work Experience: 3 Years Work Location: Chennai Relevant Experience: Direct/Indirect Costing/NPD Notiece Period: 30 days Cost Estimation of new development Parts to customers. • Fixing of Stroke cost for press machines & hour rate cost for various CNC machines being used for production to suppliers. • Review & finalization of child parts price to suppliers. • Revision of sales price to customers based on raw material cost/process cost/scrap cost fluctuations in the market. • Making Report about Total Purchase & Sales Target vs. Actual. • Estimation of Tool cost for new product development items and engineering order change items. • Estimation of Adhoc Prices for New Products development items. • Cost estimation of Indirect items which is used in Manufacturing. • Fixing of timing plan to suppliers for NPD items. • Estimation of Retrospective amounts from customers from the sales price revision period. • Expertise in developing local vendors, reducing the cost of procurement of materials & identifying alternative grade raw materials in the market at the lowest price. • Continuous monitoring of Exchange rate fluctuations on CKD raw material purchases. • Bank Guarantee works for advance payment for the foreign supplier. • Monitoring on the shipping side for Customs Clearance / CEPA Works. • Controlling of records such as BPA / POs / BOEs / EOCs / CEPA / EPCG records. • TS / ISO audit-related documents review and updating.

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5.0 - 10.0 years

7 - 11 Lacs

Pune

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Job Title : Should Costing Engineer Plastic, Rubber & FRP Parts Experience : 6 to 10 Years Qualification : B.E. in Mechanical / Production Engineering Job Responsibilities Develop detailed should-cost models for plastic, rubber, and FRP parts using technical specifications, 2D/3D drawings, and BOMs. Analyze manufacturing processes such as injection molding, compression molding, extrusion, rotational molding, and FRP to estimate cost drivers. Identify cost-saving opportunities through design and process optimization recommendations. Evaluate material selection, tooling approaches, machine utilization, and process cycle times to build cost-effective solutions. Maintain a comprehensive database of cost models, manufacturing parameters, and material rates. Present findings and cost-saving recommendations to internal engineering teams and project stakeholders. Experience 6 to 10 years of experience in should costing or manufacturing cost estimation of plastic, rubber, and FRP parts. Strong understanding of relevant manufacturing processes and associated cost structures. Proven ability to identify key cost drivers and suggest engineering or process changes to reduce costs. Hands-on experience in building and validating cost models for low to high-volume parts. Preferred candidate profile Qualification B.E/B.Tech in Mechanical Engineering or Production Engineering Soft Skills Strong communication skills to clearly convey Effective interpersonal skills to collaborate with cross-functional teams. A proactive and reliable team player with a solution-oriented mindset. Ability to work independently and contribute within a global delivery environment. Added Advantage Experience working within an engineering services organization supporting global clients. Experience in using costing software/tools (e.g., aPriori, Costimator) for plastic/rubber components. Familiarity with FRP manufacturing processes like hand lay-up, RTM etc. Strong analytical and presentation skills to support internal decision-making

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8.0 - 13.0 years

5 - 9 Lacs

Bengaluru

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At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. Job Overview TE Connectivity s Product Engineering Teams optimize existing products from information or input provided by marketing, customers, Operation Teams, Development Engineers or other employees. They maintain existing products, processes, and specifications including modifications for new applications consistent with manufacturing techniques and economies. They also initiate and implement programs to continuously improve quality, and cost, while meeting customer requirements and may support and implement product extensions to existing platform products to meet specific customer requirements. They are the key experts in the products they are responsible for at TE. Responsibilities Understand stakeholder request and establish scope of work Evaluate form, fit, function and application of the products under study Dis-assemble products systematically for comparative study with competitor products Prepare sample for functional test and material characterization Perform dimensional study using metrology tools 2D CMM & generate models using 3D Scanners Prepare samples for metallurgical evaluation and characterization using high end equipment such as scanning electron microscope, spectrometers etc. Conduct basic functional tests for mechanical and electrical parameter measurement Assess products for functional value and associated cost using Value Engineering methodologies Analyze and evaluate design for materials, manufacturing process & supply chain for value analysis / value engineering opportunities. Develop comprehensive report on product analysis and generate cost out ideas Execute & drive VAVE projects starting from Idea generation to Implementation Co-ordinate with Global & local stake holders for project execution Provide Technical support , root cause failure analysis and problem-solving assistance on manufacturing or quality issues related to VAVE projects Skill Set and Profile Experience in electrical & mechanical design consideration for Mechanical and electromechanical product development in industrial / aerospace / automotive / medical / energy domain Experience in understanding top level functional requirements of a product and designing the components/subsystems to meet Product Performance criteria. Hands on experience for tearing apart assemblies / sub-assemblies of electromechanical parts Experience in manufacturing operations such as stamping, molding, machining & coating Experience in metal & polymer characterization for material type, grade & secondary operations Experience in should costing of components related to multiple commodities like, plastic, sheet metal, machining, extrusion etc. Knowledge on VAVE methodology & project life cycle Capable of Handling Multiple Projects simultaneously. Good Conceptual, problem solving and Analytical Skills. Should be Self-Motivated, Adaptive, Passionate about results and a Good Team Player Strong Interpersonal & stake holder management skill Strong Technical Aptitude with Willingness to explore & learn new Technologies. Demonstrated Experience of working in a fast paced and changing environment with tight deadlines Knowledge of aPriori tools will be an added advantage. Qualification and Experience B.E./B.Tech. in Metallurgy / Mechanical Engineering 8+ years of experience in engineering field for reverse engineering, competitor product benchmarking, should costing & Value Engineering Competencies ABOUT TE CONNECTIVITY TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, renewable energy, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 8,000 engineers, working alongside customers in approximately 140 countries. TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn , Facebook , WeChat, Instagram and X (formerly Twitter). WHAT TE CONNECTIVITY OFFERS: We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority! Competitive Salary Package Performance-Based Bonus Plans Health and Wellness Incentives Employee Stock Purchase Program Community Outreach Programs / Charity Events Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site. Location

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2.0 - 5.0 years

3 - 8 Lacs

Ahmedabad

Work from Office

B.E. in Mechanical Engineering with 3+ years of Automotive, T& OH, Tractor industry experience as Should costing engineer. • Working exposure to manufacturing processes of various engineering commodities (Sheet metal, Machined items, Plastic, Rubber, assemblies, etc.) experience in Plastic & sheet metal is primarily. • Hands on exposure to new product development with supplier end. Technical support to vendor for process mapping, machine selection • Cost calculations for reference/target cost and negotiations for new components • Understanding of cost and drivers and independent cost calculations with minimal support • Knowledge about different machines, machines hourly rate, MHR, overheads & Profit etc. Supplier quote analysis and providing comprehensive report / negotiation dossier to Commodity team for Price negotiation discussion with Supplier. • Hands on experience of cost mapping for engineering parts & assemblies. Should be able to define best suited manufacturing process, machine selection, cycle time calculations. • Drawing reading, good knowledge of GD&T. • Working experience of various should costing software like aPriori, Costimator, TcPCM Please Register Here : https://forms.office.com/r/MXJzSuMSMQ

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3.0 - 8.0 years

8 - 15 Lacs

Bengaluru

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HCL looking Should Costing Enginner Commodities exp - Sheet metal, plastics, casting, forging, machining, Electrical and Electronics, Wire Harness Interested candidates, share your resume to venkateshp@hcltech.com with below details Total Experience: Relevant Experience: Current ctc: Expected ctc: Notice period: Are you ok for Bangalore:

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8.0 - 13.0 years

14 - 24 Lacs

Bengaluru

Work from Office

Position Summary: We are seeking a highly skilled Cost Modeling Analyst to join the Digital Data Networks Business Unit at TE Connectivity India Pvt. Ltd. In this role, you will be responsible for developing and maintaining robust cost models that support new product development and drive cost improvement initiatives. The ideal candidate will have a strong background in should-cost modeling, data analytics, and manufacturing cost estimation, with hands-on experience in key connector industry processes such as stamping, plating, molding, PCBA, and cable assembly. Key Responsibilities: Cost Modeling Development: Develop and maintain should-cost models for connector and cable products using tools such as aPriori, TcPCM, and Excel. Build cost structures that include direct materials, labor, overhead, and other relevant cost components. Support design-to-cost and value engineering initiatives by providing cost insights during product development. Data Analysis and Validation: Analyze BOMs, supplier quotations, purchase history, and manufacturing process data to derive accurate cost estimates. Validate cost model assumptions through back testing, sensitivity analysis, and expert reviews. Ensure data integrity and consistency across cost modeling tools and reports. Cost Optimization and Collaboration: Identify cost drivers and recommend opportunities for cost reduction and efficiency improvements. Collaborate with engineering, procurement, finance, and operations teams to align cost models with business goals. Provide actionable insights to optimize product design and manufacturing processes. Reporting and Communication: Prepare and present cost analysis reports to stakeholders, highlighting key trends, risks, and recommendations. Communicate complex cost modeling concepts to non-financial audiences in a clear and actionable manner. Continuous Improvement: Stay updated on industry trends , raw material pricing , and cost modeling best practices . Continuously refine cost modeling methodologies and tools to improve accuracy and efficiency. Required Skills & Competency Education & Knowledge: BE/B.Tech in Mechanical, Electrical, or Electronics Engineering. 1215 years of experience in cost modeling and analysis, preferably in the connectors or electronics manufacturing industry. Critical Experience: Proficiency in costing software (aPriori, TcPCM, Excel). Strong understanding of manufacturing processes: stamping, molding, plating, PCBA, cable manufacturing, and assembly. Solid foundation in cost estimation methodologies, data analytics, and reporting. Excellent analytical thinking, problem-solving and communication skills. Proven ability to work in a collaborative, cross-functional environment. Competencies: Strong technical and analytical acumen. High attention to detail with a data-driven mindset. Ability to manage multiplepriorities in a dynamic environment. Effective communication and stakeholder management skills.

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