46 Cost Engineering Jobs - Page 2

"We are hiring for Semi-Conductor Manufacturing company." Position: Cost Engineer Location: Ahmedabad Educational Qualifications: Bachelors degree in engineering (Mechanical, Civil, Electrical, or related disciplines), Construction Management, Finance, or a related field. Preferred: Postgraduate qualification in Project Management, Cost Engineering, or an MBA with an engineering background. Required Experience: 10+ years of experience in a Construction or Infrastructure project environment. Employment Type: Fixed-Term Contract for 1 year after that contract will be renewed based on performance Job Summary: The ideal candidate will be responsible for monitoring, analyzing, and forecasting project costs to ensure optimal budget management and project efficiency across all phases of the project lifecycle. Key Responsibilities: Develop and maintain cost control systems, procedures, and performance reports for ongoing projects. Prepare detailed cost estimates and cash flow projections. Track budget vs. actual expenditures and highlight deviations or variances to project teams. Analyze project performance and support decision-making with timely and accurate data. Work closely with project managers, planners, and procurement to integrate cost data with project schedules and resource plans. Participate in cost risk assessments and mitigation strategy development. Provide earned value management (EVM) analysis and reporting. Support project change control processes including cost implications of scope changes. Validate invoices and monitor contractor/vendor expenditures. Prepare periodic cost performance reports for internal and external stakeholders. Ensure compliance with financial and regulatory standards, contractual obligations, and company policies. Should have prior experience in Mega EPC Projects. Either in estimation / cost control profiles with multi-domain knowledge such as Planning, Quantity Survey/ Billing, Contracts etc. Technical Skills and Proficiency: SAP, Oracle, or COINS. Advanced skills in MS Excel (including pivot tables, VLOOKUP, dashboards) and MS Project. Familiarity with Earned Value Management (EVM), Cost Breakdown Structure (CBS), and Work Breakdown Structure (WBS). Experience with project accounting and cost control software. Solid understanding of engineering drawings, procurement practices, and construction/project lifecycles. Proficient in report writing and communication for technical and non-technical stakeholders. Note: Certification(s) such as CCP (Certified Cost Professional), PMP, or AACE accreditation will be an added advantage. Interested candidates can apply on What's App No.: 91 63574 05360 E-mail ID: twinkle.chauhan@aloissolutions.com

JOB DESCRIPTION Work experience in Cost Engineering/ Should Costing/ ZBC/ Cost Estimation of fabrication commodity. Experience of Cost mapping for NPI projects at machine level and BOM Cost management of current products. Experience of working with other stake holders like Design, Purchasing, Finance and Program management. Experience in fabrication of Heavy Construction Equipment/ Heavy Machinery. Good knowledge of fabrication and other manufacturing processes. Experience of competition study and benchmarking of the similar parts/machines etc. Experience of handling VA/VE and cost reduction projects. Good communication and interpersonal skills. Good analytical and problem-solving skills. Exposure of Siemens Teamcenter is desirable. Computer skills and proficiency in MS Excel & PowerPoint is mandatory.

Dear Candidate, Are you a numbers-driven engineering professional with a passion for cost optimization and product value enhancement ? Join our team as a Cost Engineer / Should Cost Specialist and help shape the future of Heavy Construction Equipment manufacturing! Role Overview: We're looking for a talented professional experienced in Should Costing / ZBC / Cost Engineering specifically for fabrication commodities in heavy machinery. Key Responsibilities: Execute cost estimation, ZBC , and should-cost analysis for fabricated components. Lead cost mapping for NPI projects and manage BOM-level cost for existing products. Collaborate cross-functionally with Design, Purchasing, Finance, and Program Management . Drive VA/VE and cost-reduction initiatives across product lines. Benchmark competitor products and conduct value analysis for continuous improvement. Experience & Skills Required: Proven experience in fabrication for Heavy Construction Equipment / Machinery . Strong knowledge of manufacturing processes (especially welding, cutting, machining, etc.). Excellent analytical, problem-solving , and interpersonal skills . Proficiency in MS Excel & PowerPoint ; exposure to Siemens Teamcenter is a plus. Strong communication skills for stakeholder collaboration. Interested candidate can share their Cv at swati.shikha@mounttalent.com or can reach me 9560495550. NOTE: Please make sure to attach your CV while applying. Only candidates who attach their CV will be considered and contacted by our team.

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.

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

About Barry Wehmiller: - Barry Wehmiller Companies is a global supplier of manufacturing technology and services based in St. Louis Missouri. Although it was founded in 1885 as a maker of machinery for the brewing industry, since 1987 Barry- Wehmiller has acquired more than 80 companies that provide equipment and services for a variety of industries: packaging, paper converting, sheeting, corrugating, engineering, and IT consulting. In 2016 it was ranked no. 10 on the St. Louis Business Journal's list of the city's Top 150 Privately Held Companies. We believe our culture differentiates us from other firms. In India, Barry-Wehmiller operates as a hub of innovation and collaboration, housing our Global Competency Center (GCC) and other strategic functions. The GCC, based in Chennai, is an Engineering Center of Excellence that supports all Barry-Wehmiller divisions globally. The center focuses on areas such as design and development in mechanical, electrical, and controls engineering, software development, and additive manufacturing. We believe in: Ownership Youll drive features end-to-end, from design to deployment. Flexibility A friendly, results-oriented culture that respects your time. Empowerment Your insights are valued, and your work makes a visible difference. Learning & Growth You’ll work on complex challenges with smart, passionate peers—and have the support to level up continually. If you're ready to bring your best thinking to the table and grow in a high-impact, future-focused environment, we'd love to hear from you. Job Summary: We are seeking a highly skilled and detail-oriented Lead Engineer - Costing with expertise in cost analysis, spend analysis, should-costing, and value engineering for "Make as per Print" parts and OEM/Commercial components . The ideal candidate will possess a solid understanding of engineering processes, manufacturing methods, and design principles to accurately estimate costs and ensure competitive pricing. This role requires strong analytical capabilities, including spend and cost optimization strategies, and the ability to collaborate effectively across departments to drive cost efficiency while maintaining product quality and engineering excellence. Key Responsibilities: Conduct detailed cost analysis for manufacturing "Make as per Print" parts and OEM/Commercial components. Develop should-cost models based on manufacturing processes, material usage, labour, tooling, and overhead. Evaluate supplier quotations to ensure cost competitiveness. Perform comprehensive spend analysis to identify cost-saving opportunities by analysing purchasing patterns, material consumption, and supplier spend data. Segment and classify spending into categories to identify trends and opportunities for cost optimization. Support the development of procurement strategies by identifying high-spend areas and benchmarking costs across the market. Utilize data analytics tools (e.g., Excel, Power BI, or similar software) to provide insights into spending behaviour and recommend actionable improvements. Understand and analyse engineering drawings, specifications, and design requirements. Collaborate with design and engineering teams to ensure manufacturability and cost optimization. Identify opportunities for cost reduction without compromising quality or design integrity. Work closely with suppliers to analyse cost drivers and negotiate pricing. Validate supplier capabilities and ensure alignment with project requirements. Drive value engineering initiatives to enhance cost efficiency. Perform cost variance analysis to identify areas of improvement. Prepare detailed cost breakdowns and cost models for stakeholders. Maintain a database of standard costs for materials, processes, and components. Support procurement, sourcing, and supply chain teams with cost inputs. Coordinate with cross-functional teams (engineering, manufacturing, and quality) to ensure seamless project execution. Finding more cost-effective alternatives to current products or services and reducing unnecessary or redundant spending. Engage in techno-commercial discussions and provide strategic support to supply chain leaders across group companies globally, ensuring alignment on cost, quality, and delivery objectives. Educational Background: Bachelor’s degree in mechanical engineering or a related field. Experience: 8+ years of experience in cost estimation, should-costing, spend analysis, or cost engineering, preferably in manufacturing or automotive industries. Technical Skills: Strong understanding of manufacturing processes (CNC machining, Fabrication, casting, forging, sheet metal, Assembly etc.) and engineering materials. Proficiency in reading and interpreting engineering drawings (GD&T knowledge is a plus). Familiarity with cost estimation tools and software. Knowledge of design processes and product lifecycle management (PLM). Additional Preferences: Knowledge of industry standards and benchmarks. Exposure to global supply chains and cost structures. Travel: Occasional domestic and/or global travel may be required for this position up to 10% What is in for you ? This role is more than just a job. It’s an opportunity to be part of a global team that values people excellence, innovative solutions, and operational excellence. Barry Wehmiller provides a unique environment where you can grow your skills, work on impactful projects, and collaborate with some of the brightest minds in the industry. In addition, we are deeply committed to your personal and professional growth, fostering a culture that helps you achieve your full potential. You can also apply to this job using the below Workday link http://bit.ly/4kkgArk (if the link doesn't work, simply copy paste the link in your browser) To understand more about our people-first philosophy, you may like to watch this short video by our CEO, Mr. Bob Chapman, on Truly Human Leadership : Watch the video https://bit.ly/4kSLZkE (if the link doesn't work, simply copy paste the link in your browser)

Define and govern standard product packages and configurations across customer segments. Maintain and continuously update the Bill of Materials (BOM) library. Collaborate with Sales and Design teams to ensure technical feasibility and cost alignment. Lead sourcing and procurement of critical SRT materials (inverters, structures, cabling, panels). Negotiate vendor contracts, rate agreements, and ensure TCO (Total Cost of Ownership) optimization. Identify, evaluate, and onboard a robust supplier base with performance tracking mechanisms. Drive supplier reviews, incoming quality checks, and ensure compliance with performance standards. Coordinate with PPC and Stores to ensure component availability and reduce aging stock and WIP. Strategically align inventory buffers based on demand variability. Streamline and digitize supply workflows using SAP HANA. Implement dashboard-based BOM procurement tracking and monitoring. Develop auto-trigger systems to ensure proactive replenishment of critical materials. Monitor trends in key component pricing and maintain real-time cost databases. Collaborate with Sales and Design for price competitiveness and cost modelling.

Key Job Responsibilities Setup & track budgets, commitments, VOWD, spend phasing, and future forecasts per project WBS. Maintain cost reports for stakeholders with updated, relevant data. Rigorously maintain Change Control visibility, ensuring that both approved and pending changes, as well as Risks / Opportunities are included and documented in the XX cost report. Ensure cost forecasts align with actual delivery progress as reflected in the project schedule. Analyse cost data to understand variances from plan and provide insights to project management team on the impact of project delivery performance on forecasted total costs. Support project leadership in cost engineering and key processes (annual work plan, QPF quarterly plan Freeze). Ensure contractor compliance with contractual cost control requirements and those detailed within the Project Coordination Procedures (PCP). Assist with project cost estimates and digital reporting initiatives. Ensure invoice documentation for audits and contractor compliance. Verify contractor and supplier invoices for payment. Required Technical Experience (Aim for concise list) Mandatory Flexible / Desirable Extensive SAP experience in line with Key Job Responsibilities (PO management, running commitments and actuals reports) - minimum 5 years Experience in Offshore Wind or other energy sectors is desirable, but not mandatory. Demonstrable track record of cost control with at least 10 years of experience covering the accountabilities relevant to the job description on medium to large-scale projects in Energy Industry Multinational experience is desirable, but not mandatory. Experience in the preparation, analysis, and presentation of cost reports to project teams, management, and stakeholders Experience working alongside procurement teams on PO management and tracking Required Professional Competencies / Soft Skills (Aim for concise list) Mandatory Flexible / Desirable Proven ability to establish cooperation and credibility in cost control within multifunctional project teams. Experience working remotely Excellent proficiency in English (written and verbal). Experience in coaching and mentoring more junior team members Ensuring accuracy, focus on simplification and efficiency, delivering fit-for-purpose solutions. Ability to manage time effectively, especially with different time zones Ability to work independently and stay motivated without direct supervision. High self-motivation, initiative, and self-reliance. Strong, proven Stakeholder management, and collaboration Required Education & Certification (Aim for concise list) Mandatory Flexible / Desirable Engineering / Science/ Finance degree level education Professional accreditation (PMP, APM etc) Strong proficiency in MS Excel Strong proficiency in SAP

Create BOM, BOQ, cost estimation sheet by coordinating with sales, design, purchase & production teams Price forecasting by taking into consideration raw material cost, production costs and other overheads Helping sales team in Quote preparation Required Candidate profile B.E./ B. Tech Electrical/ Electronics/ Mechanical 10+ years of experience in a cable manufacturing company in cost estimation and pricing

Relevant experience required (in years): Minimum 6 to 10 years of Relevant knowledge of / experience in cost engineering (CE) and preferably value engineering (VE) Required Skills & Competencies: At least a bachelors degree in engineering (e.g. Mechanical Engineering/Production Engineering) Minimum 6 to 10 years Experience with Manufacturing and Supply Chain processes. Excellent Communication skill (English language - speaking, reading and writing) Hands-on knowledge with Cost Management Software. (FACTON EPC) Knowledge in Microsoft Office (Advanced skills, like XLOOPUP, MATCH, INDEX etc.) Preferred. Knowledge of ERP system (JD Edwards). Knowledge of PLM systems (Enovia). Basic knowledge of databases and data analytics. Experience with the material handling industry Added Advantage. Relevant knowledge of / experience in cost engineering (CE) and preferably value engineering (VE). Experience with Manufacturing and Supply Chain processes. Strong skill to build constructive cross-functional relationships. Works well in multi-disciplinary team. Excellent communication and presentation skills, both verbal and written. Works well in multi-disciplinary team. Role & Responsibilities: Your Role As a Cost Engineer, you will support the pricing consulting and maintenance of our pricing system, using the Computer Aided Pricing (CAP) database which keeps region specific records. You will be responsible for reviewing cost levels of existing CAP records and propose cost for new records, if necessary, by operating our FACTON EPC Cost Management Software. Your tasks and responsibilities You will work as a Cost Engineer I, which offers you different tasks in the field of Support to SCC EU sourcing and - coordination departments, and reporting. Your main focus will be on: Support Relocation activities Support/make business cases to assess cost impact of relocation Keep track of estimated product cost in relocation projects Set targets for sourcing and suppliers; contribute to the realization of targets Support SC&V (= Strategic Costing & Verification) department Define and maintain cost drivers to be used in CAP Calculate and motivate updates of CAP unit prices based on cost drivers, by operating our FACTON EPC Cost Management Software Monitor CAP versus actual costs and take corrective actions if necessary Reporting Analyzing equipment or category cost across projects Setting up reference projects for benchmarking purpose Report cost trends for raw materials, equipment, categories or reference projects Your department Supply Chain Cost Engineering is part of Strategic Sourcing. The latter is a department within the Global Supply Chain (GSC) organization and is a strategic part of the worldwide delivery of products and services to our projects. There is a high degree of cooperation with R&D, Engineering, Sales and the other departments, such as Global Sourcing and Planning, located in Europe, APAC and North America. Vanderlande Industries B.V. is a top global System Integrator for mechanical logistics automation. GSC enables Vanderlandes profitable growth by taking ownership of a global, flexible and competitive supply base for its Vanderlande Equipment but also 3rd party equipment and services.

Role & responsibilities ) Generating Project wise Cost database and updating cost data on continuous basis. 2) Providing support for new capex generation with input from cost database. 3) Releasing Project wise Cost reports informing status, concerns and highlighting variance from approved budget if any. 4) Releasing Financial Year Cash Flow Reports for all approved Projects. 5) Maintaining Change Management Register and documenting all changes occurring during Project execution. 6) Organising meetings with all project stake holders, documenting all actionable points and following -up for its compliance. 7) Co-ordinating with Cross-functional teams including Finance, SAP, GBS and external teams viz. Consultants, Vendors and Contractors for continuous updates/Status. 8) Ensure Capitalization of Projects on Timely Basis including financial re-conciliation. Preferred candidate profile Only looking B.tech Mechanical. Ready to relocate in Gujarat location

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:

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

Key Responsibilities: Project Cost Estimation: Develop detailed and accurate cost estimates for projects based on engineering drawings, specifications, and other relevant documentation. Review and analyze tender documents, contracts, and other project details to ensure all requirements are captured in the estimate. Prepare Bill of Quantities (BOQ), material take-offs, labor cost analysis, and equipment requirements. Provide estimates for materials, labor, equipment, overheads, and other project-related costs. Collaboration & Communication: Coordinate with project managers, engineers, procurement teams, and other stakeholders to gather necessary information for accurate estimation. Engage with suppliers and subcontractors to obtain quotations and verify market pricing for materials and services. Participate in project meetings to discuss estimating and cost control requirements. Risk Assessment & Value Engineering: Conduct risk assessments to identify potential risks, uncertainties, and cost drivers in the project. Propose value engineering options and cost-effective alternatives to optimize project delivery. Identify areas for cost reduction without compromising quality or safety. Cost Control & Monitoring: Assist in setting up cost control mechanisms to track project expenditures against estimated costs. Monitor project budgets and report on deviations between actual and estimated costs. Recommend corrective actions if cost overruns are anticipated. Tender & Bid Support: Prepare competitive bids and tender submissions in accordance with client specifications and industry standards. Participate in client meetings and site visits to ensure a comprehensive understanding of project scope and requirements. Support the procurement team in the selection and evaluation of subcontractors and suppliers. Documentation & Reporting: Maintain accurate and up-to-date records of estimates, cost breakdowns, and other related documentation. Provide regular reports to senior management, highlighting cost performance and any potential risks. Ensure compliance with company standards, procedures, and industry regulations. Key Skills and Qualifications: Education: Bachelor's degree in Civil Engineering, Mechanical Engineering, Electrical Engineering, or a related field. Experience: 3-5 years of experience in project estimating or cost engineering, preferably in [construction, infrastructure, oil and gas, industrial, etc.]. Familiarity with estimating software (e.g., ProEst, Bluebeam, CostX, etc.) and Microsoft Excel. Experience in preparing cost estimates, analyzing project requirements, and identifying cost drivers. Technical Skills: Strong understanding of project lifecycle, construction processes, and procurement strategies. Proficiency in reading and interpreting technical drawings, specifications, and contracts. Knowledge of cost control methodologies and cost reporting tools. Soft Skills: Strong analytical skills with the ability to solve complex problems and provide cost-effective solutions. Excellent communication and interpersonal skills to collaborate effectively with internal teams and external stakeholders. Attention to detail and ability to work under tight deadlines.

We are looking for a skilled and detail-oriented Should Costing Engineer to join our team. The candidate will be responsible for performing in-depth cost analysis of components, assemblies, and products to support strategic sourcing decisions.

JD for Should costing requirement 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

Lead all activities related to cost engineering within the assigned scope of work. Utilize cost methodologies, tools & appropriate software models & provide expert knowledge in cost analysis, manufacturing processes, material/supplier comparison. Required Candidate profile 3+ years of experience for Cost Engineer should have completed studies in Diploma or B.E. in Mechanical or Electrical Must have knowledge on automobile & auto-parts. Immediate joiners preferred Perks and benefits YEARLY BONUS, PF, DUTY HOURS FOOD

Strong experience in Electrical & Switchgear manufacturing industry He must have hands-on knowledge of cost estimation & familiar with costing software Prior experience in a factory setup is mandatory Prepare accurate cost estimates for control panel Required Candidate profile Should work closely with design & purchase team for cost optimization Maintain & update costing sheets in ERP/Costing software Generate costing report & support management in pricing decisions Perks and benefits PF, ESI, Bonus, Appreciation, Good Team work

As a Cost Engineer, you will drive diverse projects and initiatives. The major objective of Cost and Value Engineering is the generation of high customer value at competitive target costs in product, project and solution business. Generating transparency in the respective cost and value drivers along the entire value chain by applying state of the art Cost and Value Engineering (CVE) methodology. oriented: Drive the integration of state-of-the art Cost and Value Engineering in the business processes Fosters cross-functional mindset change towards cost and value awareness Establish transparency in cost and value of products, systems and solutions and contribute improvement proposals to support PLM in Target Costing, R&D/Engineering in Design to Value, SCM in Supply Chain Productivity Improvement, Procurement in negotiations along the PLM / PM process Contribute to the competitiveness and profitability of products and solutions through the application of Cost and Value Engineering levers and methods Support the setting of competitive and at the same time achievable targets based on the assessment of customer requirements, competitors products, and solutions and on a clear judgment on our own and our suppliers capabilities Support definition and optimization of product architecture and component specifications to ensure an adequate product and solution design Support building the appropriate supply chain by making the right supplier selections, offshoring or onshoring decisions, respectively, and applying make or buy appropriately Support achieving optimal commercial conditions by feeding our negotiations with precise information on our suppliers actual and expected costs Foster a CVE network and company-wide knowledge exchange and contribute expertise to the network. We dont need superheroes, just super minds: Excellent communication and social skills to collaborate effectively with internal customers and suppliers Strong analytical skills to identify key cost drivers. Significant experience in should costing tools and methods Experience in optimization of cost and value improvement opportunities Experience in heavy industrial manufacturing processes.Strong preference for experience in modeling and analyzing costs of machined parts, large steel fabrications and acoustics. Strong in Microsoft Excel and proficiency in Microsoft Office software Flexibility to travel to external suppliers and factory locations Working experience with multi-cultural professionals and teams 8+ years of relevant professional experience within a global company, including 5+ years in Engineering Proficient command of English language in writing and speaking Bachelors or Masters degree in Engineering

A Snapshot of Your Day Each day, youll dive into should cost analysis, collaborate with multi-functional teams, and deliver full supplier transparency to ensure we secure the best value for our customers. You’ll play a pivotal role in enhancing profitability and competitiveness, supporting design-to-cost initiatives, and ensuring new products are developed at optimal cost without compromising quality. Your expertise will directly impact our ability to win bids and deliver innovative, cost-effective solutions. If you’re ready to lead, innovate, and make a measurable difference, this is your opportunity to shine. How You’ll Make an Impact Deliver should cost analysis and ensure full transparency of supplier offers to identify the most competitive options. Create and gather new cost-out ideas for the Siemens Energy portfolio, participating in multi-functional workshops. Track and manage product CVE initiatives in cost tracking software (PRIOneer) to ensure accurate reporting. Support proposal teams by ensuring all relevant cost measures are considered for the most cost-effective solutions. Facilitate and participate in meetings at all levels, including executive leadership, to drive cost and value engineering initiatives. Apply powerful methods such as TcPCM, aPriori Should Costing, MLPP, and CBD to achieve cost transparency for third-party scopes. Lead innovation teams and champion design for manufacturing methodologies to support product development at optimal cost. What You Bring You hold a BS in Mechanical, Electrical, Electronics, Chemical, or Petroleum Engineering. You have at least 5 years of proven experience in roles such as Application Engineer, Maintenance Engineer, Process Engineer, Design Engineer, or Product Engineer. You are determined, proactive, and willing to really commit to achieve results. You bring extensive knowledge of how design, technical, automation, sourcing, and logistics decisions impact cost and schedule. You are proficient in MS Office Suite and have solid expertise in Design-to-Value, Design-to-Cost, customer value, and cost analysis. Experience with turbomachinery or rotating equipment and associated auxiliary systems is a plus. About the Team You’ll join a collaborative, forward-thinking team dedicated to enhancing the competitiveness and profitability of Siemens Energy’s Industrial Application business. The team works closely with sales, proposal, and R&D teams to drive cost-out projects from idea creation to full implementation. We value open communication, innovation, and a shared commitment to delivering high-quality, cost-effective solutions for our customers. Who is Siemens Energy? At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation. Our distributed team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation. Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo Our Commitment to Diversity Lucky for us, we are not all the same. Through diversity, we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences. Rewards/Benefits Employees are eligible for Remote Working arrangements up to 2 days per week. All employees are automatically covered under the Medical Insurance. Company paid considerable Family floater cover covering employee, spouse and 2 dependent children up to 25 years of age. Siemens Energy provides an option to opt for Meal Card to all its employees which will be as per the terms and conditions prescribed in the company policy as a part of CTC, tax saving measure Flexi Pay empowers employees with the choice to customize the amount in some of the salary components within a defined range thereby optimizing the tax benefits. Accordingly, each employee is empowered to decide on the best Possible net income out of the same fixed individual base pay on a monthly basis. https://jobs.siemens-energy.com/jobs

Generation of quote based on customer input and forwarding same to team leader Updating of tracker sheet and status update on customer feedback on quoted RFQ’s Co-coordinating with Material, Design & Development team Estimating Material cost of Motor Required Candidate profile • Product Cost Estimation and costing of Machining, Electrical and sheet metal parts enclosure. NPD activity, Should Costing , Engineering BOM Creation