Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description

At Thermo Fisher Scientific, you’ll do meaningful work that makes a positive impact on a global scale. Our teams are united by our Mission to enable our customers to make the world healthier, cleaner, and safer. We provide colleagues with opportunities to grow while developing innovative solutions that address complex scientific and manufacturing challenges.

Position Summary
• We are seeking a Engineer III – Mechanical to lead should-cost analysis and cost engineering activities across complex mechanical components, assemblies, and products. This role will develop robust, data-driven cost models that improve cost transparency, enable design-to-cost decisions, strengthen supplier negotiations, and identify sustainable value improvement opportunities.

• You will partner with Design Engineering, Procurement, Category Management, Manufacturing, and suppliers to understand product cost drivers and evaluate alternative materials, manufacturing processes, and design concepts.



The role requires robust manufacturing process knowledge, commercial awareness, and the ability to translate engineering data into actionable cost insights.

Key Responsibilities
• Develop detailed should-cost and clean-sheet cost models for mechanical components, subassemblies, and complete products

• Analyze cost drivers including raw materials, manufacturing processes, cycle time, tooling, labor, machine rates, overhead, yield, and logistics

• Partner with Design Engineering to embed design-to-cost and value engineering principles throughout the product development lifecycle

• Perform supplier quote analysis and cost breakdown assessments, identifying gaps between supplier quotations and should-cost estimates

• Collaborate with Procurement and Category Management to provide fact-based cost insights that support supplier negotiations and sourcing decisions

• Evaluate alternative materials, manufacturing processe

📌 Engineer III, Mechanical (Hyderabad)
🏢 Thermo Fisher Scientific
📍 Hyderabad