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8.0 - 13.0 years

14 - 24 Lacs

Bengaluru

Work from Office

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

Posted 2 weeks ago

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1.0 - 6.0 years

3 - 8 Lacs

Ahmedabad, Rajkot, Vadodara

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

Posted 3 weeks ago

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2 - 7 years

10 - 15 Lacs

Bengaluru

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Urgent Hiring in Genpact!! Costing Engineer Mechanical | Bangalore Location: Bangalore Work From Office Experience Required: 2 to 10 years Education: B.E / B.Tech Mechanical Engineering Industry: Manufacturing / Engineering / Automotive / HVAC Functional Area: Engineering Design, R&D, Product Costing Employment Type: Full Time, Permanent Job Description: We are hiring a Costing Engineer with strong experience in mechanical should costing, VAVE, and product cost analysis. If you are passionate about product cost optimization and have a deep understanding of manufacturing processes and commodities like sheet metal, plastic, casting, forging, and machining we want to hear from you! Key Responsibilities: Prepare should costing , zero-based costing , and benchmarking reports for mechanical components. Analyze manufacturing processes and support cost estimation with supplier inputs. Work with VAVE teams to identify and implement cost reduction opportunities. Create and maintain cost estimation templates to improve quoting accuracy. Handle Item Master data , BOM structure , and support engineering change management . Collaborate with sourcing, design, and program teams for cost evaluation and value analysis. Utilize costing tools like aPriori, TCPCM, Boothroyd (preferred). Candidate Profile: Qualification: B.E/B.Tech Mechanical Experience: 2+ years in costing/VAVE/benchmarking roles Strong knowledge of manufacturing commodities : casting, stamping, forging, sheet metal, machining Hands-on experience with costing tools (aPriori/TCPCM/Boothroyd preferred) Good understanding of SAP , data analysis, and Excel tools Excellent communication , analytical , and problem-solving skills HVAC product knowledge is a plus Why Join Us? Work on challenging projects with industry-leading tools and methodologies Collaborate with cross-functional teams and global stakeholders Be a key contributor in product cost optimization and value engineering

Posted 1 month ago

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