Cost Engineer Mobility

Overview

The Should Cost Engineer develops part and product-level cost estimates within Supply Chain Management for the Mobility business, using process-based analytical costing models and close collaboration with business stakeholders and subject-matter experts.

What you'll do

• Build should-cost models for parts and products using internal and external sources of information, tear-down analysis, etc.
• Develop cost estimates for PCB/PCBAs, electrical/electronic components, ECUs, sensors, connectors, wiring harnesses, motors, actuators, power electronics and electromechanical and mechatronics assemblies.
• Analyze electronic BOM, raw-material, manufacturing, assembly, testing, tooling, overhead and supplier profit costs.
• Run relevant should costing software and analytical models to generate cost estimates.
• Validate cost estimates through benchmarking, supplier inputs, manufacturing knowledge and subject-matter experts.
• Perform Total Cost of Ownership, supplier quotation and cost-gap analysis.
• Carry out reporting and analytics: data analysis, report preparation and presentation to senior leadership.
• Support supplier negotiations, NPI, VAVE, cost-out and cost-avoidance initiatives.
• Develop cost estimates using a combination or individual approach: directional, manual and aPriori driven should costing.

What you'll need

• Bachelor's degree in Electrical, Electronics, Mechatronics, Instrumentation or related engineering discipline, with 6–10 years of experience in should-costing, product costing or cost engineering, or a Master's degree with 4–6 years of relevant experience.
• Strong knowledge of electrical and electronics commodities, including PCB/PCBA, electronic components, inverters, wiring harnesses, connectors, sensors, ECUs, motors, actuators and power electronics.
• Good understanding of PCB fabrication, SMT, through-hole assembly, soldering, programming, testing and electronic assembly processes.
• Working knowledge of electrical and electronic BOMs, schematics, component specifications, manufacturing processes, cycle times, yield and tooling.
• Basic knowledge of mechanical commodities, including plastics, sheet metal, rubber, machining, die casting and mechanical assemblies.
• Proficiency in Design for Manufacturing and Assembly, procurement processes, PPAP, GD&T and raw-material analysis.
• Expertise in at least one should-costing tool, such as aPriori etc.
• Experience in Total Cost of Ownership, supplier quotation analysis, fact-pack preparation and cost-gap analysis.
• Strong data analytics skills and ability to interpret 2D and 3D drawings.
• Proficiency in MS Office, ERP and PLM systems.
• Ability to develop and maintain should-cost databases covering material and component costs, process rates, regional benchmarks and lessons learned.
• Ability to support commodity and category strategies and deliver cost-out, cost avoidance, productivity and accuracy targets.
• Strong business acumen, presentation, negotiation and decision-making skills.
• Ability to collaborate effectively with global cross-functional teams.
• Ability to train and coach team members on should-cost methodologies.
• Effective verbal and written communication skills.
• Strong sense of urgency, stakeholder focus and results orientation.
• Ability to independently manage multiple projects, priorities and deadlines with minimal direction.

Nice to have

• Working knowledge of CAD tools such as AutoCAD, Creo or SolidWorks; familiarity with electronics design tools is an advantage.
• Knowledge of emerging technologies, including AI, IoT, 3D printing and design thinking, with a strong aptitude for technology.

Details

• Location: Pune, Maharashtra, India.
• Eaton has announced an intent to combine its Mobility Group with a new company (including a combination with Dana Incorporated), expected to complete by the end of the first half of 2027; compensation and benefits details will be provided to employees at that time.