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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.,
Posted 2 days ago
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
Posted 3 days ago
5.0 - 9.0 years
0 Lacs
thane, maharashtra
On-site
You will need to have strong project management skills, negotiation skills, and a good understanding of products and manufacturing processes. It is essential to have a grasp of market dynamics and demonstrate sound business judgment. Market intelligence and technical knowledge of components such as Copper, Packing box, EPS moulding, Consumables, etc are also important. You should be well-versed in compliance with standards both in the domestic and overseas market. Expertise in commodity price trend analysis, VA/VE process, various cost reduction levers, SOB management, risk mitigation, and Should Costing is required. Your key responsibilities will include understanding products and manufacturing processes, having a good grasp of taxation, managing costing and vendors effectively, demonstrating product management skills, and showcasing forecasting and planning abilities. Analytical skills will be crucial for this role.,
Posted 1 week ago
5.0 - 12.0 years
0 Lacs
karnataka
On-site
As a Mechanical Engineer with VAVE Experience at our company located in Bangalore, you will be responsible for VAVE (Value Analysis/Value Engineering) and cost reduction projects. With 5-12 years of experience in the field, your role will involve initiating new VAVE projects, creating manufacturing drawings, and working on new designs and alternate design requirements. You will also be responsible for conducting requirement gathering, should costing, sourcing activities, and vendor negotiations. To excel in this role, you must possess a ME/MTech/BE/BTech educational qualification along with 5+ years of experience in VAVE and cost reduction projects. Having expertise in GD&T, 3D design, CATIA V5, sheet metal, and welded components will be essential. Additionally, the ability to develop VAVE business cases with required calculations and justifications is crucial. VAVE certification would be an added advantage. Your primary responsibilities will revolve around VAVE projects, should costing, and sourcing activities. Working in the Digital Product Engineering (H&I) category, you will play a key role in driving VAVE initiatives and contributing to cost reduction efforts. If you are a proactive and skilled Mechanical Engineer with a passion for VAVE and cost reduction projects, we invite you to join our team and make a significant impact in the field of engineering.,
Posted 1 week ago
5.0 - 9.0 years
0 Lacs
pune, maharashtra
On-site
This role is based in Pune, with the opportunity to travel to various locations in India and beyond, enabling you to work with teams that influence entire cities, countries, and the future landscape. Your impact will be significant, encompassing both tactical and strategic responsibilities. You will enhance Siemens Energy's competitiveness and profitability by implementing innovative Cost and Value Engineering methods such as TcPCM, aPriori, and other tools for Should Costing, MLPP, and CBD. Your role involves ensuring cost transparency for 3rd party scopes. Strategically, you will support the Design-to-Cost (DtC) or R&D Product Development Process (PDP) to drive efficient cost design for new products while meeting quality standards. This includes leading efficiency projects, innovation teams, design for manufacturing methodologies, and voice of the customer analysis. Your tasks will also involve conducting should cost analysis, evaluating full supplier offers, generating cost-out ideas, and supporting proposal teams with relevant cost measures. Your role will require actively participating in management meetings up to the executive leadership level. As an ideal candidate, you should possess a BE in Electronics (preferred) or BE in Electrical, along with a minimum of 5 years of experience as an Application Engineer, Design Engineer, Product Engineer, Cost Engineer, or similar roles in high voltage battery storage systems, electronics components, EV battery components, or BMS (battery management systems). Your proactive attitude, dedication, and willingness to go the extra mile will be valuable assets. Proficiency in electronics, electrical systems, battery storage, EV components, and BMS is essential. You should have a deep understanding of how design, technical decisions, automation, sourcing, and logistics impact costs and schedules, along with proficiency in MS Office Suite and expertise in Innovative Design to Value, DtC, Customer Value, and Cost Analysis. Siemens Energy is a global energy technology company with a dedicated team of over 100,000 employees in 90+ countries. Committed to creating sustainable, reliable, and affordable energy solutions, our focus is on innovation, decarbonization, new technologies, and energy transformation. We value diversity and inclusion, leveraging the creative energy of our workforce, which comprises over 130 nationalities. At Siemens Energy, we do not discriminate based on ethnic background, gender, age, religion, identity, or disability. As part of our commitment to our employees, all staff members receive medical insurance coverage, including a family floater cover for the employee, spouse, and two dependent children. Additionally, Siemens Energy offers the option of a Meal Card to employees, in line with the company policy and as a tax-saving measure. Join us at Siemens Energy and be part of a team that is shaping the future of energy systems and driving the global energy transition. Visit https://www.siemens-energy.com/employeevideo to learn more about how you can contribute to our mission.,
Posted 2 weeks ago
4.0 - 6.0 years
4 - 6 Lacs
Pune
Work from Office
Role & responsibilities Understand drawings, RFQ, Feasibility, all operations required for sheet metal working and its costing, technical formulae etc JOB Process knowledge Painting Knowledge Define the process as per drawing Understand the Market Strategy , Market standard Able to 2D Drawings , DXF etc. Depth knowledge of product costing in similar field Raw Material Knowledge (SS, Aluminium , MS) Preferred candidate profile Education - Diploma / B.e Mechanical
Posted 2 weeks ago
10.0 - 15.0 years
12 - 18 Lacs
Bengaluru
Work from Office
Exp in Machining components process-Mandatory. Exp on SAP- PP & MM Module is must-Mandatory. Exp on production plan. EXP in AS 9100 Certification, AS13100. Exp on logistic arrangement, Capacity planning & Machine capacity utilization.
Posted 2 weeks ago
5.0 - 10.0 years
5 - 15 Lacs
Gurugram
Work from Office
KEY RESPONSIBILITIES 50% Should Costing Use cost modeling tools to determine the bill of material costs as to provide insight to the manufactured costs on product basis. 20% Product Teardown – Perform teardown in an engineering lab environment and develop bill of materials by capturing dimensional parameters and manufacturing process details of product components and entire assemblies. 20% Communicating Results – Conduct financial and value-based calculations, summarize the findings from cost analytics for the business in presentation format and communicate the insights and recommendations to both technical/non-technical business partners. Present recommendations and influence execution of recommendation. 10% Business Collaboration – Provide product engineering guidance and knowledge/evaluations. Effectively develop trust and collaboration with internal customers and cross-functional teams. Bachelor’s degree in mechanical engineering or mechatronics engineering. 5+ years’ working experience in product costing or manufacturing and/or new product development. Experience working with vertically integrated manufacturers and/or working directly with suppliers who develop consumer product goods is desired. Work experience in competitor research and Best-in-Class competitor analysis. Experience in handling big data and familiarity with data science principles/practices is a plus. KEY REQUIREMENTS Good working knowledge of various materials comprising of metal/ plastic/ ceramic/ glass/ wood/ textiles. Understanding of different manufacturing process and process cost calculations Knowledge on Printed Circuit boards manufacturing and costing is a plus. Product manufacturing/assembly and understanding of Bills of Materials. Proficient in using the measuring instruments - calipers, micrometer, and scales Ability to use Boothroyd Dewhurst DFM/DFMA costing software. Proficient with Microsoft Office Suite - Excel and PowerPoint. Familiarity with industry practices to track global commodity and labor data. Ability to develop and apply mathematical/statistical techniques is a plus. Ability to understand market intelligence reports, customer personas, and industry trends. Analyze/assess findings, generate insights through reports, dashboards and presentations. Ability to convey complex or technical ideas/processes in easy-to-understand terms to diverse audiences. Ability to assimilate large cost data sets and summarize analytics into business insights and presentations. Strategic mindset and action oriented. Ability to work in cross-functional team environment. Excellent written and verbal communication skills.
Posted 2 weeks ago
4.0 - 8.0 years
4 - 9 Lacs
Bengaluru
Work from Office
Responsible for analyzing and optimizing material costs, initially focusing on mech., drawing based on raw materials. Handle complete product cost analysis. Analyze the cost structure of purchased parts. Utilize costing software tools(aPriori, Tset).
Posted 3 weeks ago
6.0 - 11.0 years
14 - 22 Lacs
Pune, Mumbai (All Areas)
Work from Office
Interested candidates can apply and share the resumes at mridula@symbiosisindia.net Key Responsibilities: Create Should Cost Models for E&E components such as PCBA, ECUs, Sensors, Clusters, Infotainment, Wiring Harnesses, LED Lamps, Zonal ECUs, Cameras, ADAS L1/L2 systems, etc. Perform ground-up cost estimation using engineering drawings, BoMs, and real-time supplier quotes. Understand and analyze various electronics manufacturing processes : SMT, Module Assembly, Die Casting, Stamping, Plastic Injection Moulding, etc. Stay updated on latest trends in automotive E&E: Connected Vehicles, HUDs, ADAS, SVS, Domain Controllers, Autonomous Driving, AI-driven electronics. Collaborate with cross-functional teams (engineering, sourcing, finance) to validate cost models. Develop and maintain cost databases for benchmarking and supplier negotiations. Strong understanding of electronics manufacturing processes: SMT, Module Assembly, Die Casting, Stamping, Injection Moulding, Subcomponent Assembly Experience with key automotive E&E parts: Instrument Cluster, Infotainment, Control Panels, ECUs, Module Assemblies Key Skills: Should Costing, Cost Estimation, Cost Modeling, Electrical & Electronics Components, PCBA, ECU, Infotainment Systems, Instrument Clusters, Wiring Harness, LED Lamps, Zonal ECU, ADAS Level 1/2, Surround View Systems, Automotive Cameras, Sensors, Connected Vehicles, HUD, Domain Controllers, Autonomous Driving, AI in Automotive, SMT, Die Casting, Stamping, Injection Moulding, Techno-commercial Analysis, Automotive Electronics
Posted 4 weeks ago
8.0 - 13.0 years
6 - 15 Lacs
Hosur, Hyderabad, Bengaluru
Work from Office
Strategic Sourcing/ SCM, machined/Bought out/forged/casting components,Develop &manage supplier base, developing steel/forging/casting/machining components, SAP, Costing and Negotiation must, Drive Value Engineering & Cost Reduction projects
Posted 1 month ago
5.0 - 10.0 years
8 - 12 Lacs
Chennai
Work from Office
To support our extraordinary teams who build great products and contribute to our growth, were looking to add a Material Quote Senior Engineer in Chennai, India. What a typical day looks like: Candidate has primary responsibility to prepare should cost based on the 2d/3d drawing and information provided by the customer. Provide should-cost calculation for die casting, Machining, Powder Metallurgy and other Mech commodity items using Flex costing methodology Provide recommendation and costing assumptions if there is insufficient information provided by customer. Develop and maintain cost models for die casting, Machining, Powder Metallurgy and other Mech commodity items with cost on Raw Material, Processes, tooling, labor , Machine and overhead The role also includes sending RFQ to suppliers. Analyze supplier quote, cost negotiation, obtain cost breakdown details from suppliers, Identify and recommend cost-saving measures and strategies through process, including design changes, material selection, and process optimization. Collaborate with various other team to ensure designs are cost-effective and manufacturable Process Improvement to Analyze, document, and optimize business processes across functions. Automation Enablement to Identify manual or repetitive tasks and collaborate on automation. Governance & Compliance to Develop and implement process governance models to ensure consistency, standardization, and adherence to policies. Reporting & Insights to Design and automate dashboards/reports and ensuring accuracy and actionable insights for business decision-making. The experience were looking to add to our team: Possess a Degree in Mechanical Engineering with min 5 to 7 years relevant work experience, preferred in die casting, Machining, Powder Metallurgy factory Familiar and able to read, interpret 2D/3D mechanical drawings, designs and specifications. Strong understanding of die casting, Machining, Powder Metallurgy and other Mech commodity on processes, tooling, and materials Proficiency in 2d/3d software, Auto cad, Solid works, Pro-e(Creo), and MS office, Excel, Word, Power point.. Proficiency in cost estimation and modeling techniques Process Expertise: Strong knowledge in process mapping, gap analysis, SOP development, and continuous improvement frameworks (Lean, Six Sigma). Added advantage if Expertise in Power Query, Macros/VBA, and dashboard creation for robust reporting solutions. Analytical & Communication Skills Strong problem-solving ability, attention to detail, and effective communication for driving change and influencing stakeholders. Self-driven and able to work with multiple team in multiple sites. What you’ll receive for the great work you provide: Health Insurance PTO
Posted 1 month ago
5.0 - 10.0 years
9 - 13 Lacs
Chennai
Work from Office
To support our extraordinary teams who build great products and contribute to our growth, were looking to add a Material Quote Senior Engineer in Chennai India. What a typical day looks like: Cost Estimation & Should-Cost Modeling Develop and maintain detailed cost models for primary, secondary, and tertiary packaging components (e.g., cartons, ESD trays, foam inserts, molded pulp, pallets, labels). Analyze packaging designs, material specifications, dimensions, manufacturing processes, and regional cost drivers to estimate true cost. Calculate landed cost including material, conversion, tooling, freight, duties, and overheads. Support RFQ/RFI processes by providing should-cost data to sourcing and business units. Break down supplier quotes and benchmark them against internal cost models. Engineering & Design Collaboration Work closely with packaging engineering and product development teams to assess cost impact of design changes. Recommend design alternatives or material substitutions to improve cost-efficiency. Participate in design-for-cost and value analysis/value engineering (VA/VE) reviews. Market & Supplier Intelligence Research industry trends and raw material indices (e.g., paper, plastic resin, foam) to keep cost models up-to-date. Strong understanding of plastic resins and specific applications based on factors like strength, flexibility, temperature resistance, and chemical compatibility Working with suppliers to source resins and negotiate pricing. Gather and analyze data on plastic resins market trends, competitors and customer needs Develop predictive models to forecast market demands, trends and growth opportunities in plastic resins. Create and update reports, dashboards and Visualizations to communicate market insight Develop and implement pricing strategies for new and existing plastic resin products, ensuring they align with overall business goals. Monitor packaging market developments including regional conversion rates, labor costs, and inflation factors. Cross-functional & Sourcing Support Collaborate with commodity managers and strategic sourcing teams to support supplier negotiations using should-cost insights. Assist in supplier selection, make/buy decisions, and localization efforts from a cost perspective. Provide cost input for business cases, budgeting, and customer proposals (NPI and mass production stages). The experience we’re looking to add to our team: Bachelor’s degree in Packaging Engineering, Mechanical Engineering, Industrial Engineering, or equivalent. Minimum 6 years of experience in cost estimation or packaging engineering within EMS, electronics, or related manufacturing industry. Proven expertise in cost modeling and data-driven analysis of packaging components. Deep understanding of packaging manufacturing processes: die-cutting, corrugation, vacuum forming, injection molding, ESD packaging, etc. Strong cost modeling capabilities in Excel or specialized cost tools (e.g., aPriori, Teamcenter, or custom templates). Strong analytical thinking, attention to detail, and problem-solving mindset. Ability to interpret technical drawings and packaging specifications. ERP’s, PLM systems, advanced MS Excel; familiarity with CAD tools is a plus. Good knowledge of packaging compliance and standards (ISTA, ASTM, RoHS, ESD). Effective communicator with ability to present complex cost data clearly. Strong analytical thinking, attention to detail, and problem-solving mindset. Ability to manage multiple projects and meet strict deadlines under pressure. What you’ll receive for the great work you provide: Health Insurance PTO
Posted 1 month ago
5.0 - 9.0 years
5 - 9 Lacs
Gurugram
Work from Office
Proficient in cost estimation tools such as Costimator , aPriori , Facton , PriceSystems . Strong knowledge of engine and transmission systems, including material selection, machining, casting, and assembly processes. Required Candidate profile Expertise in Should Costing and Design for Manufacturing (DFM),Value Analysis/Value Engineering (VAVE) principles. Experience with cost reduction initiatives in engine and transmission systems
Posted 1 month ago
2.0 - 5.0 years
2 - 5 Lacs
Bengaluru
Work from Office
Follow company policy and guidelines to set up costing parameters Manage day-to-day costing department affairs Maintain client wise costing template and folders Monitor RFQ pending list, set priorities and submit quotes as per it To seek from client all relevant costing inputs to do product costing Discuss with client and internal CFT members on questions/clarifications required to initiate costing Interact with Business development, Supply Chain, NPD, Tool room, Manufacturing, Process engineering etc. teams Be part of price negotiating team for price finalisation and annual cost reviews Plan periodic factory visit to check actual cost parameters and do SHOULD COSTING analysis Engage with SAP-ERP team to comply with SOPs and ERP-BOM approvals and pricing approvals
Posted 1 month ago
3.0 - 7.0 years
4 - 9 Lacs
Chennai
Work from Office
Role & responsibilities Cost Estimation & Analysis: Develop detailed cost models for automotive parts, assemblies, and full vehicles based on BOM (Bill of Materials), labor, overhead, and material inputs. Prepare cost estimates for new product introductions (NPIs), design changes, and customer quotes (RFQs). Analyze variances between estimated and actual costs and investigate root causes. Product Lifecycle Costing: Track and manage product costs from prototype through to mass production. Support make-or-buy decisions by evaluating internal vs. outsourced manufacturing costs. Cross-functional Collaboration: Work closely with engineering, purchasing, and manufacturing teams to collect cost inputs and ensure accuracy of cost models. Participate in product development reviews to assess cost impact of design changes. Data Management & Reporting: Maintain up-to-date cost databases and systems . Provide cost breakdowns and reports to finance and management for decision-making. Continuous Improvement: Identify opportunities for cost reduction and process efficiency in manufacturing and supply chain. Support value engineering and bench-marking activities. Preferred candidate profile
Posted 1 month ago
2.0 - 5.0 years
2 - 5 Lacs
Mohali
Work from Office
Educational qualification &experience profile: B. Tech / B.E / Diploma (Mechanical/Industrial Engineering), having 2+ years of experience in the field of part costing for any of the 2 modules Sheet Metal, Forging & M/cing, Casting and Plastic Injection Moulding. Role Description: 1. Expertise to evaluate zero base costing from drawing & samples. 2. Knowledge of manufacturing processes and identification of cost reduction opportunities. 3. Knowledge of Industry Benchmark norms and Machine Hour Rate calculation. 4. Knowledge of purchasing process and inflation/deflation adjustment. 5. Ability to develop strategic program & project goals. 6. Track project development timelines & monitor performance to deliver results. 7. Knowledge of project management & prior experience of software training / handover will be added advantage. Desired Skills: 1. Excellent client-handling and communication skills (written & oral). 2. Ability to lead & inspire team members. 3. Expertise in MS Excel & PowerPoint 4. Self-motivated & passionate to achieve results 5. Innovative & out of the box thinker
Posted 1 month ago
2.0 - 4.0 years
3 - 4 Lacs
Bengaluru
Work from Office
Responsibilities: * Develop cost estimates using Should Costing methodology * Analyze costs for value optimization opportunities * Implement cost-saving initiatives through Value Engineering Food allowance Health insurance Provident fund Annual bonus
Posted 1 month ago
6.0 - 8.0 years
7 - 11 Lacs
Hyderabad
Work from Office
Ability to Interpret drawing per customer specification, to understand customer requirement. Estimates and validates shouldcost across machining, castings, sheet metal, composites, wiring harnesses, special processes, etc. Develops bottomup cost models and uses tools like aPriori, DFMA, Lean Cost, Costimator, and Excel based cost models. A solid understanding of machine burden rate calculations and process runtime estimations, including theoretical calculations for various machining operations. Knowledge of product assembly operations and product qualification tests in the aero industry. Leads Teardown analysis, VAVE, and competitive benchmarking to drive cost improvements. Establishes production& tooling cost estimates; reviews supplier quotes, onetime charges, fixtures, jigs, and development costs. Applies industrial/manufacturing engineering expertise, including knowledge of processes, work centers, tooling, material properties, NDT, heat treatment, and Utilizes CAD tools (CATIA, Siemens NX, Creo, SolidWorks) for design and cost optimization. Collaborates across design, manufacturing, quality, and supplychain teams, contributing to NPIs and procurement strategies. Tracks KPIs like BOM savings, productivity improvements, procurement successes, and costforecast accuracy. Draws on experience in at least two sectors (e.g., aerospace, medical, consumer electronics).
Posted 1 month ago
3.0 - 7.0 years
4 - 9 Lacs
Bengaluru
Work from Office
Job Brief: Acufore is seeking a Costing Engineer , to work in a balanced environment of fast growing company with established clienteles. Job Description: -Identification of potential suppliers and finalization based on consideration of norms. -Preliminary discussion for manufacturability with supplier. -New and alternate Vendor Development. -Knowledge in International Freight. -Experience in handling the customer and manufacturer with good communication skill. -Having Hands on experience in Solidworks and MS office -Attending Customer pre-design discussions,project kick-offs calls and providing development engineering support. -Should have knowledge of developing design concepts,engineering calculations,3D models and detailed drawings,while working closely with International costumers and their fabrications. Academic & trades qualifications (UG- B.Tech/B.E.-Mechanical, Production/Industrial) Work experience & skills 3+years of Experience in Costing & Procurement
Posted 1 month ago
8.0 - 13.0 years
17 - 30 Lacs
Ballabhgarh, Pune, Jaipur
Work from Office
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.
Posted 1 month ago
3.0 - 7.0 years
5 - 7 Lacs
Hoshiarpur
Work from Office
Role: Engineer Zero-Based Costing (ZBC) Casting & Machining Components (Tractor Industry) Responsibilities: Develop Zero-Based Costing (ZBC) models for casting and machining components. Analyze part drawings, material specifications, and manufacturing processes to estimate the true manufacturing cost . Evaluate raw material costs, process cycle times, labor, overheads, machine hour rates , and tooling costs . Collaborate with design, procurement, supplier quality , and manufacturing teams to validate costing assumptions. Benchmark components and processes across suppliers and competitors to identify cost reduction opportunities . Work closely with suppliers to verify cost drivers and challenge unjustified pricing. Participate in design-to-cost , value analysis/value engineering (VA/VE) , and should-cost initiatives. Support strategic sourcing decisions and supplier negotiations by providing reliable cost breakdowns. Create and maintain a cost database of materials, machines, and process norms. Stay updated on market trends , raw material prices, and manufacturing technologies in casting and machining.
Posted 1 month ago
10.0 - 17.0 years
22 - 30 Lacs
Bengaluru
Work from Office
All about you Education: Engineering Degree (BE/BTech) is mandatory Minimum 10+ years of experience in Should costing, Zero Based Costing & Bid, Tender Evaluation from Project based Manufacturing Industries. 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 Your future role Take on a new challenge and apply your comprehensive cost management expertise in a new cutting-edge field. Youll work alongside dedicated, detail-oriented, and collaborative teammates. You'll lead and manage all costing and pricing aspects of a tender, contributing significantly to the creation of competitive and successful bids. Day-to-day, youll work closely with teams across the business (Engineering, Finance, Industrial, Procurement, etc.), support bid and project teams with cost analysis, and much more. Youll specifically take care of Should Costing and Zero Based Costing analyses, but also support the bid manager in the preparation of the Instruction For Quotation (IFQ). Well 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 Things youll enjoy Join us on a life-long transformative journey the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. You’ll also: Enjoy stability, challenges and a long-term career free from boring daily routines Collaborate with transverse teams and helpful colleagues Contribute to innovative projects that shape the future of mobility Utilise our flexible and dynamic working environment Steer your career in whatever direction you choose across functions and countries Benefit from our investment in your development, through award-winning learning Progress towards leadership roles within our cost management teams Benefit from a fair and dynamic reward package that recognises your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension)
Posted 1 month ago
4.0 - 9.0 years
8 - 17 Lacs
Pune
Work from Office
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.
Posted 1 month ago
10.0 - 15.0 years
13 - 17 Lacs
Bengaluru
Work from Office
Date 23 May 2025 Location: Bangalore, KA, IN Company Alstom Req ID:476073 Could you be the full-time Bid Costing Manager in our dynamic team located in Bangalore were looking for Your future role Take on a new challenge and apply your comprehensive cost management expertise in a new cutting-edge field. Youll work alongside dedicated, detail-oriented, and collaborative teammates. You'll lead and manage all costing and pricing aspects of a tender, contributing significantly to the creation of competitive and successful bids. Day-to-day, youll work closely with teams across the business (Engineering, Finance, Industrial, Procurement, etc.), support bid and project teams with cost analysis, and much more. Youll specifically take care of Should Costing and Zero Based Costing analyses, but also support the bid manager in the preparation of the Instruction For Quotation (IFQ). Well 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. Thats why we dont expect you to have every single skill. Instead, weve 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 Things youll enjoy Join us on a life-long transformative journey the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. Youll also: Enjoy stability, challenges and a long-term career free from boring daily routines Collaborate with transverse teams and helpful colleagues Contribute to innovative projects that shape the future of mobility Utilise our flexible and dynamic working environment Steer your career in whatever direction you choose across functions and countries Benefit from our investment in your development, through award-winning learning Progress towards leadership roles within our cost management teams Benefit from a fair and dynamic reward package that recognises your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension) You dont need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, youll be proud. If youre up for the challenge, wed love to hear from you! Important to note As a global business, were an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. Were committed to creating an inclusive workplace for everyone. Job Type:Experienced
Posted 1 month ago
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