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12.0 - 17.0 years

40 - 45 Lacs

Thiruvallur

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

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2.0 - 6.0 years

3 - 8 Lacs

Vadodara

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

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6.0 - 8.0 years

15 - 20 Lacs

Hyderabad

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

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6.0 - 11.0 years

5 - 15 Lacs

Chennai

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

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2.0 - 6.0 years

2 - 7 Lacs

Pune, Ahmedabad, Vadodara

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

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3.0 - 8.0 years

0 - 0 Lacs

Chennai

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

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5.0 - 10.0 years

7 - 11 Lacs

Pune

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

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8.0 - 13.0 years

5 - 9 Lacs

Bengaluru

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

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2.0 - 5.0 years

3 - 8 Lacs

Ahmedabad

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

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3.0 - 8.0 years

8 - 15 Lacs

Bengaluru

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

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8.0 - 13.0 years

14 - 24 Lacs

Bengaluru

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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.

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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.

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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

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