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Engineer - Cost Engineering (Mobility Group)

Eaton
Posted this week

LOCATION

Pune · Onsite

EXPERIENCE

4+ Years

SKILLS REQUIRED

Should CostingCost EstimationDesign for ManufacturingValue EngineeringData Analysis

Job description

Overview

Develop part and product should-cost estimates within a specialized team in the Supply Chain Management shared services center, using analytical models and close collaboration with business stakeholders and subject matter experts.

What you'll do

  • Build part and product costing models using internal and external sources of information.
  • Run relevant software models to generate cost estimates.
  • Validate cost estimates based on experience and by working with subject matter experts.
  • Analyse Total Cost of Ownership of products.
  • Perform data analysis, prepare reports and present findings to senior leadership.
  • Partner with Engineering for should-cost analysis on NPI and VAVE projects.
  • Establish and maintain a strong knowledge management database that can be leveraged for sourcing decisions.
  • Manage at a project level, initiatives requiring multiple cost inputs.
  • Ensure projects meet financial and operational goals (KPIs) such as cost out, cost avoidance, productivity gain and on-time and accurate deliveries.
  • Communicate with Supply Chain teams globally regarding opportunities in alignment with commodity and category strategies.
  • Strengthen relationships with commodity managers and stakeholders.
  • Coordinate closely with technology, manufacturing, sourcing, product management and suppliers.
  • Build organizational capabilities by training and coaching budding talent in should costing.

What you'll need

  • Bachelor's in engineering with 6-10 years of experience in should costing, OR Master's with 4-6 years of experience.
  • Strong knowledge of one or two commodities such as machining, forging, sheet metal or mechanical assemblies; SME for one or more commodities.
  • Proficiency in Design for Manufacturing (DFM) analysis, procurement processes, PPAP and GD&T, and different types of raw materials and commodities.
  • Knowledge of statistical tools such as regression analysis for target costing.
  • Expert user of one should-costing tool (Costimator, aPriori, Facton or PriceSystems).
  • Hands-on experience using CAD tools (AutoCAD, ProE, SolidWorks).
  • Hands-on experience creating a robust knowledge management database for should cost.
  • Strong data analytics skills to draw meaningful decisions from numbers.
  • Strong knowledge of MS Office tools (Word, Excel and PowerPoint).
  • Work collaboratively and communicate effectively globally; communicate clearly and effectively in person, by email and over phone.
  • Execute activities and work autonomously with minimal direction.
  • Strong business acumen, including understanding how markets work.
  • Negotiation skills.
  • Verbal and written communication.
  • Accuracy in working with data analysis.
  • Ability to handle multiple tasks and respond quickly to deadlines.
  • Presentation, business communication and decision-making skills; drives results.
  • Analytical skills.
  • Commodity strategies and fact pack/gap analysis.
  • Aptitude for technology.
  • Sense of urgency, strong customer focus.

Nice to have

  • Knowledge of 3D printing, design thinking and IoT.

Details

  • Location: Pune, Maharashtra, India.

Read the full description and apply on the company’s own careers page.

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Engineer - Cost Engineering (Mobility Group)