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10.0 - 15.0 years

0 Lacs

pune, maharashtra, india

On-site

What Youll Do This position will be based in GSC COE Pune and will be responsible for Manger of Electrical & Electronics Should Cost at category level, supporting the activities related to Procurement and Global SCM Projects. This position will play a lead role in scoping, definition, coordination and execution of cost reduction efforts via should cost, standardization, influencing make vs buy decision and supporting second source and supplier consolidation initiatives across multiple categories and business units. Develop and execute GPO functional strategy, to support business growth targets Provide leadership and guidance for Cost Engineering Function resource planning and competency development. Subject matter expert in should costing of Electrical Parts like Motor, wring harness, fuses, transformer, switches, relay etc. Good knowledge of Manufacturing process of electrical components. Should have knowledge of costing of Plastic, Stamping, Machining & casting parts. Build part and product costing models using internal and external sources of information to support the $1.8Bn goal for 2025 Be the single point of contact for Commodity leaders to drive Total Cost of Ownership of electrical products. Act as a Subject matter expert and validate cost estimates based on experience and ensure first time right. Have close coordination with technology, manufacturing, sourcing, product management and suppliers Build the category Strategy roadmap & plan of action to maximize cost outs Establish & maintain a strong knowledge management database which can be leveraged for Sourcing decisions. Supporting to bridge the gaps between the Commodity leads and the teams and drive as one team. Drive the Supplier Negotiations to support Category managers and successfully realize the savings. Shall be responsible for cost out conversion using the Should cost tool and also shall be responsible for ideating many VAVE ideas and getting cost out on the same too. Ensure regular governance with the stakeholders to identify the gap and provide support to ensure that the opportunities identified are realized into savings Should be strong in Data analytics skill to get meaningful decisions made out of numbers Manage at a project level, initiatives requiring multiple cost inputs Work collaboratly and be able to communicate effectively globally Ensure projects meet their financial & operational goals (KPIs) viz cost out, cost avoidance, productivity gain and on time & accurate deliveries. Establish robust capability monitoring mechanism for all the critical process and product parameters. Partner with Engineering for should cost analysis on NPI & VAVE Projects Also, lead various initiatives in initiating VAVE ideas by the team to be submitted till approval and implementation Drive digital tools & customize digital platforms to enhance productivity. Good exposure to data analytics, process automations, macros, etc. Should increase category coverage to manage Eaton&aposs Top Spend Qualifications Bachelors in Engineering OR Masters BE with 13-15 years of experience OR Masters with 10-13 years of experience in manufacturing Industry Should cost experience of minimum 5-6 years & Team management 3-4 years of experience Skills Expert knowledge about Design for Manufacture & Assembly,Customer Relationship Management, Gap analysis, Spend Analysis, MS Office (Word, Excel,PPT) Demonstrate leadership skillsets Result driven mindset Negotiation and communication skills Change Management, Decision Making and Problem Solving, Interpersonal skills and capability of influencing Learning passion and agility and complex problem-solving skills in a matrixed organization. Team work spirit Show more Show less

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6.0 - 11.0 years

7 - 11 Lacs

bengaluru

Work from Office

Primary Responsibility Responsible for initiating and managing RFQ, lead time, should cost (Cost estimation) request assigned by internal stakeholders. Able to utilize existing supplier matrix for quoting, negotiate and award business to supplier. Drive dual sourcing to ensure supply continuity, understand long-lead drivers and develop lead time mitigation strategies. Collaborate with cross-functional teams to define sourcing strategies/ plans for NPI/ Pilot projects. Responsible for supplier part qualification per inspection requirements for components identified as critical parts. Ability to understand multi-level BOM, read drawings, special process/ specifications and communicate with suppliers. Identify make vs. buy opportunities and drive alignment/decision with key stakeholders Using software tools, perform regular cost roll-up and analyze cost performance to drive corrective action as required to achieve product cost target. Responsible for resolving discrepancies between cost targets and quoted cost, create and deliver presentations to program executives and CFT stakeholders. Develop supplier selection process for piece parts and outsourced modules/ assemblies, identify supply chain risks supporting sourcing decisions. Ensure smooth product transition from NPI to volume manufacturing. Qualification & Experience Bachelors degree in engineering (Preferably Electrical or Electronics) with minimum of 6 years of experience into sourcing, program management and supplier management. Must have Mechanical/Electrical/Electronics commodity experience Job Specific skills/Knowledge (Mandatory) Should have prior sourcing, negotiation, dual sourcing, and supplier management experience. Proficient with MS Office. Excel is a must Knowledge of manufacturing methods & commodities as related to product and cost structure. Ability to read and interpret BOMs. Must be self-starter and be able to operate independent of day-to-day supervision. Excellent people and presentation skills. Other Skills (Good to have) Knowledge of SAP MM Module. Costing experience needs to understand various cost models (E.g., Outsourced assembly/ module), mark-up, margins etc. Have worked with cross functional team on New product / Design change projects. Able to interpret drawings. Using 3D modelling and PLM software. Have worked with global suppliers . Additional Information Time Type: Full time Employee Type: Assignee / Regular Travel: Yes, 10% of the Time Relocation Eligible: Yes

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5.0 - 10.0 years

5 - 9 Lacs

pune

Work from Office

The Productivity compression IMB in Siemens Energy Transformation of Industry Division is the driver of cost-out projects from idea creation to full implementation within specific timeline and budget, ensuring cost savings are available to be used by the cost estimating and sales / proposal organizations during the bidding process. The tactical responsibilities include enhancement of competitiveness and profitability of compression product line Turbo & reciprocating compressors The strategic responsibilities include supporting the overall productivity and sustainable savings target. Activities include productivity project creation, co-ordination with stakeholders and report management, How Youll Make an Impact * Developing & monitoring fulfilment of frame contract and achievement of productivity targets, conduct benchmarks * Ensure that product cost out initiatives/measures are being properly input and tracked in the relevant product cost tracking software (PRIOneer + PRIMO). * Desirable to have extensive experience of Microsoft office capabilities (PowerPoint, Word and Excel & Access if possible). * Demonstrate extensive knowledge and experience of purchasing fundamentals * Effectively able to participate in teams and collaboration cross-functionally if necessary. * Ability to assess and establish priorities for self and others demonstrate flexibility and understand/communicate sense of urgency. * Update database periodically or as per requirement, Prepare and submit various reports as per the need. * Maintains the integrity of purchasing data in the system with error free transactions. What You Bring * Bachelors in Engineering - Mechanical, Electrical, Chemical, or Petroleum. * Minimum of 5-8 years of industry experience as Application Engineer, Maintenance Engineer, Process Engineer, Design Engineer, Product Engineer or similar. * Experience with turbomachinery or related rotating equipment and associated auxiliary systems are beneficial * working knowledge of how design, technical, automation, sourcing, and logistics decisions affect cost and/or schedule. * MS Office Suite proficiency, Proficiency in excel, data analysis About the Team Candidates want to learn about the divisions they will be joining-the structure, how it works together, and the role it plays in driving Siemens Energy’s mission forward.

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8.0 - 13.0 years

5 - 9 Lacs

bengaluru

Work from Office

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 - 7.0 years

4 - 9 Lacs

bengaluru

Work from Office

Job Overview This is a full-time position in TE Connectivity Global Procurement Center of Excellence Team. The team focuses on continuous improvement of suppliers using cost analytics tools including cost estimation, cost breakdown, cycle time, and process analysis. The Cost Modeling Analyst will identify, validate, and implement cost and process improvement opportunities. The candidate will work with cross functional teams to analyze TE products and find ways to improve productivity across all business units. This requires collaboration with Business Units, Engineering, Supply Chain, Procurement, Logistics, and Suppliers. Responsibilities Lead and manage multiple cost estimation projects simultaneously Develop and contribute to global TE cost standards by region for responsible commodity Analyze part data to identify and prioritize future projects and opportunities Benchmark internal, competitor and supplier parts to identify gaps and/or technology advancements for responsible commodity Develop cost estimations (should-cost or clean sheet) and identify, summarize and present cost gaps to key stakeholders Analyze manufacturing overhead including cycle times, components, assembly, inspection etc. Collaborate across teams and build rapport to implement identified opportunities into savings Supports the design and development of proposed process changes Candidate Desired Profile: Qualifications, Characteristics & Experience Required: Motivated individual with a can-do attitude who is passionate about cost and data analytics with the ability to learn quickly and work in a self-directed work environment Experience with cost estimation, cost breakdown analysis or clean sheet methodologies Understanding of manufacturing processes and cost drivers (raw material, manufacturing processes, secondary processes, etc. Proficient in data analytics ability to summarize large amounts of data and present thoughtful insights Strong cross functional team collaboration skills Excellent verbal / written communication - Develops strong relationships and can speak and present confidently to a diverse audience, including Senior Leadership Team Ability to take ownership of and maintain progress on multiple tasks. Must be able to deliver results based upon project deadlines. Willingness to travel to TE and supplier manufacturing location Education Required / Desired: BA/BS Degree required (extensive experience will be considered). Business, Engineering, or Supply Chain preferred. Minimum 2 years of experience within Supply Chain Competencies ABOUT TE CONNECTIVITY TE Connectivity plc (NYSETEL) 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, energy networks, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 9,000 engineers, working alongside customers in approximately 130 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 IMPORTANT NOTICE REGARDING RECRUITMENT FRAUD TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from actual email addresses ending in @te.com . If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities. 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 - 7.0 years

4 - 9 Lacs

bengaluru

Work from Office

Job Overview TE Connectivity's Procurement Business Process Teams develop and deploy procurement processes, systems, reporting and audits compliance. They drive continuous improvement throughout the procurement function, develop and maintain procurement systems, tools and databases such as vendor master files, e-procurement quotation tool, procurement web page, supplier portal, SharePoint and the like. They conduct regular external benchmarking to stay abreast of procurement best practices, run procurement reports and perform analysis to identify trends, opportunities, threats and needed course correction as well as lead facilitation of procurement training and development. Responsibilities Lead and manage multiple cost estimation projects simultaneously Develop and contribute to global TE cost standards by region for responsible commodity Analyze part data to identify and prioritize future projects and opportunities Benchmark internal, competitor and supplier parts to identify gaps and/or technology advancements for responsible commodity Develop cost estimations (should-cost or clean sheet) and identify, summarize and present cost gaps to key stakeholders Analyze manufacturing overhead including cycle times, components, assembly, inspection etc. Collaborate across teams and build rapport to implement identified opportunities into savings Supports the design and development of proposed process changes Candidate Desired Profile: Qualifications, Characteristics & Experience Required: Motivated individual with a can-do attitude who is passionate about cost and data analytics with the ability to learn quickly and work in a self-directed work environment Experience with cost estimation, cost breakdown analysis or clean sheet methodologies Understanding of manufacturing processes and cost drivers (raw material, manufacturing processes, secondary processes, etc.) Proficient in data analytics - ability to summarize large amounts of data and present thoughtful insights Strong cross functional team collaboration skills Excellent verbal / written communication - Develops strong relationships and can speak and present confidently to a diverse audience, including Senior Leadership Team Ability to take ownership of and maintain progress on multiple tasks. Must be able to deliver results based upon project deadlines. Willingness to travel to TE and supplier manufacturing locations Education Required / Desired: BA/BS Degree required (extensive experience will be considered). Business, Engineering, or Supply Chain preferred. Minimum 2 years of experience within Supply Chain Competencies ABOUT TE CONNECTIVITY TE Connectivity plc (NYSETEL) 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, energy networks, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 9,000 engineers, working alongside customers in approximately 130 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 IMPORTANT NOTICE REGARDING RECRUITMENT FRAUD TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from actual email addresses ending in @te.com . If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities. 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

Posted 1 week ago

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8.0 - 13.0 years

5 - 9 Lacs

bengaluru

Work from Office

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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2.0 - 7.0 years

4 - 9 Lacs

bengaluru

Work from Office

Job Overview TE Connectivity's Procurement Business Process Teams develop and deploy procurement processes, systems, reporting and audits compliance. They drive continuous improvement throughout the procurement function, develop and maintain procurement systems, tools and databases such as vendor master files, e-procurement quotation tool, procurement web page, supplier portal, SharePoint and the like. They conduct regular external benchmarking to stay abreast of procurement best practices, run procurement reports and perform analysis to identify trends, opportunities, threats and needed course correction as well as lead facilitation of procurement training and development. Responsibilities Lead and manage multiple cost estimation projects simultaneously Develop and contribute to global TE cost standards by region for responsible commodity Analyze part data to identify and prioritize future projects and opportunities Benchmark internal, competitor and supplier parts to identify gaps and/or technology advancements for responsible commodity Develop cost estimations (should-cost or clean sheet) and identify, summarize and present cost gaps to key stakeholders Analyze manufacturing overhead including cycle times, components, assembly, inspection etc. Collaborate across teams and build rapport to implement identified opportunities into savings Supports the design and development of proposed process changes Candidate Desired Profile: Qualifications, Characteristics & Experience Required: Motivated individual with a can-do attitude who is passionate about cost and data analytics with the ability to learn quickly and work in a self-directed work environment Experience with cost estimation, cost breakdown analysis or clean sheet methodologies Understanding of manufacturing processes and cost drivers (raw material, manufacturing processes, secondary processes, etc.) Proficient in data analytics - ability to summarize large amounts of data and present thoughtful insights Strong cross functional team collaboration skills Excellent verbal / written communication - Develops strong relationships and can speak and present confidently to a diverse audience, including Senior Leadership Team Ability to take ownership of and maintain progress on multiple tasks. Must be able to deliver results based upon project deadlines. Willingness to travel to TE and supplier manufacturing locations Education Required / Desired: BA/BS Degree required (extensive experience will be considered). Business, Engineering, or Supply Chain preferred. Minimum 2 years of experience within Supply Chain Competencies ABOUT TE CONNECTIVITY TE Connectivity plc (NYSETEL) 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, energy networks, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 9,000 engineers, working alongside customers in approximately 130 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 IMPORTANT NOTICE REGARDING RECRUITMENT FRAUD TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from actual email addresses ending in @te.com . If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities. 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 - 7.0 years

4 - 9 Lacs

bengaluru

Work from Office

Job Overview This is a full-time position in TE Connectivity Global Procurement Center of Excellence Team. The team focuses on continuous improvement of suppliers using cost analytics tools including cost estimation, cost breakdown, cycle time, and process analysis. The Cost Modeling Analyst will identify, validate, and implement cost and process improvement opportunities. The candidate will work with cross functional teams to analyze TE products and find ways to improve productivity across all business units. This requires collaboration with Business Units, Engineering, Supply Chain, Procurement, Logistics, and Suppliers. Responsibilities Lead and manage multiple cost estimation projects simultaneously Develop and contribute to global TE cost standards by region for responsible commodity Analyze part data to identify and prioritize future projects and opportunities Benchmark internal, competitor and supplier parts to identify gaps and/or technology advancements for responsible commodity Develop cost estimations (should-cost or clean sheet) and identify, summarize and present cost gaps to key stakeholders Analyze manufacturing overhead including cycle times, components, assembly, inspection etc. Collaborate across teams and build rapport to implement identified opportunities into savings Supports the design and development of proposed process changes Candidate Desired Profile: Qualifications, Characteristics & Experience Required: Motivated individual with a can-do attitude who is passionate about cost and data analytics with the ability to learn quickly and work in a self-directed work environment Experience with cost estimation, cost breakdown analysis or clean sheet methodologies Understanding of manufacturing processes and cost drivers (raw material, manufacturing processes, secondary processes, etc. Proficient in data analytics ability to summarize large amounts of data and present thoughtful insights Strong cross functional team collaboration skills Excellent verbal / written communication - Develops strong relationships and can speak and present confidently to a diverse audience, including Senior Leadership Team Ability to take ownership of and maintain progress on multiple tasks. Must be able to deliver results based upon project deadlines. Willingness to travel to TE and supplier manufacturing location Education Required / Desired: BA/BS Degree required (extensive experience will be considered). Business, Engineering, or Supply Chain preferred. Minimum 2 years of experience within Supply Chain Competencies ABOUT TE CONNECTIVITY TE Connectivity plc (NYSETEL) 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, energy networks, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 9,000 engineers, working alongside customers in approximately 130 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 IMPORTANT NOTICE REGARDING RECRUITMENT FRAUD TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from actual email addresses ending in @te.com . If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities. 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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3.0 - 7.0 years

1 - 6 Lacs

bengaluru

Work from Office

Role & responsibilities Costing engineer having experience(3-7 years) in costing engg/ should costing , sheet metal, plastic, rubber. Preferred candidate profile B.tech in mechanical engineer and ready for face to face interview ( urgent requirement is there, so looking for immediate joiner) ###Send CV to aman.a@acesoftlabs.com

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10.0 - 17.0 years

11 - 19 Lacs

bengaluru, karnataka, india

On-site

We'll look to you for: Developing competitive cost structures and strategies for bids Leading cost estimation and improvement actions Collaborating with Finance to optimize financial costs and improve bid competitiveness Consolidating tender costs and selling prices in line with financial rules Ensuring the robustness of costing and supporting bid validation processes Preparing costing packages for Tender Review Meetings Supporting the project team on costing for variation orders All about you We value passion and attitude over experience. That's why we don't expect you to have every single skill. Instead, we've listed some that we think will help you succeed and grow in this role: Degree in Engineering (BE/BTech) or equivalent Minimum 10+years of experience in Should costing, Zero Based Costing & other product costing analyses. Knowledge of product costs and operational flows Familiarity with financial rules and contractual aspects A certification in Value Analysis or Cost Management is beneficial Strong communication skills and comfort in international and multicultural environments A proactive approach with the ability to deliver on-time

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5.0 - 15.0 years

0 Lacs

karnataka

On-site

In your career, you have the opportunity to be a part of Lam Research, a company that excels in creating cutting-edge equipment driving technological advancements in the semiconductor industry. The innovative solutions developed by Lam Research play a crucial role in powering progress in various aspects of modern life, thanks to the collective effort of every team member. As an employee at Lam Research, you will be part of a workforce that is dedicated to changing the world by taking on challenging tasks with precision and accuracy. The company is at the forefront of the semiconductor industry, leading the way in fast-moving sectors. Collaboration and deep connections within the organization drive us towards achieving the next big semiconductor breakthroughs together. At Lam Research, we understand that the impact we have on the world is a result of prioritizing our people. We value and celebrate the achievements of our teams, striving to create an inclusive and diverse culture where every individual's contribution is valued. Our focus is on providing support and empowerment to our employees, enabling them to make meaningful contributions to their lives, careers, and communities. As a Technical Lead Costing Engineer in the Metal Machining domain within the Cost Performance Engineering (CPE) group at Lam Research, your role will involve collaborating with product groups in Bangalore, the US, and Europe. You will be responsible for developing accurate cost models for metal machining commodities, identifying cost improvement opportunities, and driving down costs of components and assemblies. Your expertise will be crucial in maximizing the value of Lam's new products, particularly in the metal machined parts sector. Your responsibilities will include executing should costing for complex metal machined components used in wafer fabrication equipment, influencing design for manufacturability and cost, and collaborating with cross-functional teams to drive cost and quality improvements. Additionally, you will be involved in vendor visits, new product development, and cost reduction projects, while guiding existing Costing Engineers and documenting best practices in CPE processes. To qualify for this role, you should hold a Bachelor's degree in production, manufacturing, or mechanical engineering with 5 to 15 years of relevant industry experience. Strong knowledge of metal machining manufacturing processes, materials, and alternate manufacturing methods is essential. Proficiency in problem-solving skills and hands-on experience in various manufacturing methods are also required. Preferred qualifications include knowledge of the semiconductor industry, costing techniques, exposure to CAD applications, supplier management, and project management tools. Lam Research is committed to creating an inclusive environment where every individual feels valued and empowered to achieve their full potential. Join us at Lam Research, where your innovative contributions can help shape a better world through the power of technology and collaboration.,

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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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4.0 - 9.0 years

6 - 11 Lacs

chennai

Work from Office

Should Costing Key Responsibilities: Develop and maintain should-cost models for mechanical, electrical, and plastic components using cost estimation tools and methodologies. Analyze RFQs, drawings, 3D models , and BOMs to determine cost drivers. Work with design, engineering, procurement, and suppliers to understand cost structures and support negotiations. Conduct cost breakdown analysis of supplier quotes to identify potential cost reduction opportunities. Benchmark pricing using internal databases, market trends, and industry standards. Collaborate with cross-functional teams to influence design-to-cost decisions during product development. Monitor and track cost reduction initiatives and savings performance. Assist in supplier development by evaluating manufacturing processes and cost efficiency. Prepare and present cost reports, variance analyses, and recommendations to management.

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6.0 - 11.0 years

7 - 16 Lacs

pune

Work from Office

Job Description Position Name : Expert - Cost Management and Risk Management Vacancy : 1 Qualification: Bachelor's Degree preferably in Mechanical Engineering Experience : 5+ years preferably in costing Location: Pune Purpose of the Position The position is responsible to carry out the zero base costing to the buyers in order to acheive right prices for the organisation .If needed sit with them and negotiate with prices with the suppliers as tandem. Additionally responsible for safegaurding the organzation from potential risk of line stoppage due to financially unhealthy suppliers . Authority Carry out the zero based costing and provide the inputs for negotiation to the buyers . Carry out the financial risk assessment of the supplier and alert all responsible at purchasing with the recommended actions . Skills Required Knowledge of material , price trends , car parts manufacturing process Negotiation Skills Skills- Communication , Coordination , Interpersonal Honesty and Integrity , Assertiveness and Handling Complexities Responsibilities and Tasks Carryout bottom up (Zero base ) costing for the parts as well as Tooling Analyse Cost differences (Supplier vs cost management ) in order to acheive better and faster results Interact with buyer's for cost analysis and supplier's quotation . If needed negotiate with the supplier together with the buyer as tandem . Keep himself/herself up to date for various machinery and technologies , parts manufacturing processes . Keep himself /herself up to date for various elements of costing machine hour rates , labour rates , raw material prices etc . Carry out the financial risk assessment of the suppliers. Alert for responsible / respective persons at the purchasing for the financially unhealthy suppliers and recommend necessary actions . Preferred candidate profile

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10.0 - 20.0 years

20 - 25 Lacs

bengaluru

Hybrid

Procurement & Strategic Sourcing Supplier Negotiation & Contract Management Cost Reduction Should Costing, VA/VE, Zero Base Costing Supplier & Vendor Rationalization EMS/Contract Manufacturer Management ERP, Excel, PowerPoint APICS/CPM certifications

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6.0 - 10.0 years

22 Lacs

bengaluru

Work from Office

Incumbent is responsible for developing cost models using SEER and performing cost analysis to ascertain the actual cost of products. This role involves creating should-cost models for various helicopter Assemblies and sub-assemblies, analyzing engineering designs, specifications and manufacturing processes to estimate costs. Additionally, the engineer will conduct cost analysis models and prepare detailed cost summary breakdown reports. Incumbent will have to work with a team of engineers in Bangalore, Mirabel Canada and Fort Worth, Texas, USA to develop SEER cost models and performing cost analysis to ascertain the actual cost of products. Incumbent need to have good knowledge of Aerospace Materials, Manufacturing processes and have good understanding of should costing of aerospace structures/assemblies using sheet metal/machining/composites, good knowledge of aerospace fasteners. Incumbent needs to have solid understanding of engineering drawings. Incumbent must be proficient with SEER, SAP, Enovia, Catia, and Microsoft Office Suite. Must have excellent written communication, verbal communication, and interpersonal skills.

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0.0 - 2.0 years

2 - 4 Lacs

mohali

Work from Office

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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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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2.0 - 7.0 years

5 - 9 Lacs

bengaluru

Work from Office

Job Overview This is a full-time position in TE Connectivity Global Procurement Center of Excellence Team. The team focuses on continuous improvement of suppliers using cost analytics tools including cost estimation, cost breakdown, cycle time, and process analysis. The Cost Modeling Analyst will identify, validate, and implement cost and process improvement opportunities. The candidate will work with cross functional teams to analyze TE products and find ways to improve productivity across all business units. This requires collaboration with Business Units, Engineering, Supply Chain, Procurement, Logistics, and Suppliers. Responsibilities Lead and manage multiple cost estimation projects simultaneously Develop and contribute to global TE cost standards by region for responsible commodity Analyze part data to identify and prioritize future projects and opportunities Benchmark internal, competitor and supplier parts to identify gaps and/or technology advancements for responsible commodity Develop cost estimations (should-cost or clean sheet) and identify, summarize and present cost gaps to key stakeholders Analyze manufacturing overhead including cycle times, components, assembly, inspection etc. Collaborate across teams and build rapport to implement identified opportunities into savings Supports the design and development of proposed process changes Candidate Desired Profile: Qualifications, Characteristics & Experience Required: Motivated individual with acan-doattitude who is passionate about cost and data analytics with the ability to learn quickly and work in a self-directed work environment Experience with cost estimation, cost breakdown analysis or clean sheet methodologies Understanding of manufacturing processes and cost drivers (raw material, manufacturing processes, secondary processes, etc. Proficient in data analyticsability to summarize large amounts of data and present thoughtful insights Strong cross functional team collaboration skills Excellent verbal / written communication Develops strong relationships and can speak and present confidently to a diverse audience, including Senior Leadership Team Ability to take ownership of and maintain progress on multiple tasks. Must be able to deliver results based upon project deadlines. Willingness to travel to TE and supplier manufacturing location Education Required / Desired: BA/BS Degree required (extensive experience will be considered). Business, Engineering, orSupply Chain preferred. Minimum 2 years of experience within Supply Chain

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5.0 - 9.0 years

0 Lacs

pune, maharashtra

On-site

The role of a Cost and Value Engineering Expert based in Pune, India involves being a Global Cost Master and leading improvement and optimization activities in collaboration with innovation, procurement, and operations partners. Your main responsibilities include enhancing competitiveness and profitability of products and services through activities such as product teardown, Benchmarking, Should Cost analysis, and design to value. You should be capable of leading complex Cost Engineering and product introduction projects, driving early supplier involvement, and identifying cost drivers to influence design decision making for achieving target costing. Additionally, you will be supporting engineering and commodity teams to enhance supplier productivity and establishing cost and value engineering as a key process across the business functions. Moreover, you will be driving the development of a larger Community of Practice on Cost Engineering topics and processes, identifying best practices, facilitating knowledge sharing, and improving current working processes, methods, tools, and standards. Lastly, you will be responsible for managing cost and value engineering projects, providing training, and coaching to the team.,

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6.0 - 10.0 years

0 Lacs

gujarat

On-site

As a Senior Category Specialist at our organization, you will play a crucial role in designing, implementing, and optimizing Supply Chain strategies within your category to align with our organizational goals and objectives. Your responsibilities will include contributing to the Objectives of Supply Chain Management, which involve risk management, cost reduction, and staying updated with industry best practices. Your impact will be significant as you develop and execute supply chain strategies to enhance performance and decrease costs. You will collaborate with departments such as sales, procurement, and finance to forecast demand and create supply plans ensuring material availability. Additionally, you will assess and manage risks to supply chain operations, monitor and adjust activities to meet market changes, business opportunities, and cost reduction strategies, and ensure compliance with laws and regulations. To excel in this role, you should hold a B.E (B.Tech) in Electrical Engineering with 6 to 8 years of experience in Strategic sourcing at an MNC within the relevant industry. Your expertise should encompass the development of various Electrical components like Current transformer, Voltage transformer, LCC (Electrical MV panel), auxiliary switches, DC motor, and other electrical bought-out items such as cables and sensors. Proficiency in Zero-base costing, should costing, auction processes, and technical knowledge of Engineering DWGs are essential. Moreover, strong communication skills, both verbal and written, are vital for effective collaboration and execution of tasks. If you are a qualified individual with a disability and require accommodation to access or utilize the Hitachi Energy career site due to your disability, you may request reasonable accommodations by submitting a request through our website. Please provide specific details about your required accommodation to facilitate support during the job application process. Please note that this accommodation request process is exclusively for job seekers with disabilities seeking accessibility assistance. Inquiries for other purposes will not receive a response.,

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5.0 - 9.0 years

0 Lacs

chennai, tamil nadu

On-site

Danfoss is searching for a proactive and technically skilled Consultant - Category Cost Down to be a part of the Drives Procurement team within the Cost Analysis Center (CAC). This role is vital in assisting Strategic Procurement by conducting should-cost analysis, validating cost models, and providing technical cost breakdowns for mechanical components. The ideal candidate will possess a deep understanding of manufacturing processes and will collaborate closely with category managers, suppliers, and engineering teams to discover cost-saving opportunities, aid in negotiations, and propel value engineering initiatives across global projects. As a Costing Engineer / Manufacturing Engineer, you will be required to effectively communicate Should Costing / Cost Engineering concepts to customers and suppliers. Conducting Should Cost Analysis for various components such as Pressed parts, Nonferrous Castings, Aluminum Extrusions, MIM, Powder metallurgy, and Plastics will be a key responsibility. In addition, validating and updating Should Cost models with a high degree of accuracy is essential. Your knowledge of manufacturing processes, methodologies, and technologies will be crucial in identifying areas for optimization. Articulating your thought process effectively in meetings with individuals, larger teams, and stakeholders is imperative. You will also play a pivotal role in supporting procurement negotiations using Should Cost tools, driving the implementation of identified cost-saving potentials, and generating innovative cost-saving ideas based on identified cost drivers. Furthermore, you will actively participate in Value Engineering & Value Analysis, contribute to identifying and executing cost-saving projects, and influence manufacturing processes, costs, and supplier selection in new product development. Continuous enhancement of knowledge and capabilities is expected, as you will serve as the global costing expert for mechanical components. The ideal candidate should possess a minimum of 5-7 years of working experience in a manufacturing industry environment, hold a Bachelor's degree in mechanical engineering, and demonstrate a strong understanding of global sourcing and manufacturing best practices for mechanical parts & products. Experience in interdisciplinary and global working environments, knowledge of drawing rules, GD&T, and relevant standards, as well as strong analytical and interpersonal skills are essential. Additionally, the ability to manage multiple complex projects with a high level of autonomy and accountability for results is required. Exposure to tools like aPriori or similar is preferred. At Danfoss, we are committed to engineering solutions that drive sustainable transformation. We believe in fostering an inclusive work environment where individuals from diverse backgrounds are treated equally, respected, and valued. Our goal is to improve the health, working environment, and safety of our employees. Join us in our journey to become CO2 neutral by 2030 and be a part of a passionate and dedicated team striving for innovation and great results.,

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2.0 - 5.0 years

2 - 6 Lacs

Chennai

Work from Office

Responsibilities: * Prepare tender documents & manage tenders * Conduct product cost analysis * Ensure compliance with industry standards * Develop cost estimates using should costing methodology

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