Should-Cost Engineering Responsibilities

- Develop and maintain should-cost models for mechanical, electrical, and electro-mechanical products using manufacturing process, material, labor, tooling, overhead, yield, and volume assumptions.

- Use aPriori and other cost-engineering tools to establish fact-based product costs and identify key cost drivers and cost-reduction opportunities.

- Provide cost analysis during early product concept and architecture phases to support Design-to-Cost (DTC), DFM/DFA, material selection, process selection, and design trade-offs.

- Analyse engineering drawings, GDT, BOMs, and MBOMs to identify cost drivers related to materials, tolerances, part complexity, manufacturing processes, and assembly.

- Develop clean-sheet cost estimates and benchmark supplier quotations against should-cost models to identify cost gaps and support supplier negotiations and sourcing decisions.

- Partner with Engineering, DFX, NPI, Procurement, Manufacturing, Quality, and Supply Chain teams to drive cost-effective product designs without compromising performance, quality, reliability, or manufacturability.

- Conduct cost analysis for sheet metal, machining, welding, casting, extrusion, injection molding, coating, electrical assemblies, and mechanical/electrical integration.

- Lead and drive global cost-out initiatives across CMs and suppliers, partnering with Engineering, Procurement, Supply Chain,



and Manufacturing to identify, quantify, negotiate, and implement sustainable cost-reduction opportunities across products and manufacturing locations.

- Support Value Engineering / Value Analysis (VE/VA) initiatives and develop cost-reduction roadmaps for current and existing products.

- Evaluate tooling, fixtures, equipment, manufacturing processes, and supplier capability to determine their impact on product cost and investment requirements.

- Assess cost impacts of engineering changes, material substitutions, localization, process changes, and supplier changes.

- Establish and track cost targets, cost-critical-to-quality (CTQ) factors, cost gaps, cost avoidance, and realized savings throughout the NPI lifecycle.

- Continuously improve cost models using actual production data, supplier inputs, manufacturing cycle times, material pricing, yield, and lessons learned from prototype and production builds.

- Develop standardized Design-to-Cost / DFX cost guidelines and databases to enable consistent cost decisions across product development programs.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Should Costing Engineer (Bengaluru)
🏢 Fluenc
📍 Bengaluru