Position: Should Costing Engineer – ME
Experience: 8-20 Yrs
Job Description:
• Responsible for developing accurate and defensible cost models by analysing supplier manufacturing processes and cost drivers.
• Perform detailed cost gaps between supplier quotations and should-cost estimates to identify savings opportunities.
• Supporting strategic sourcing, negotiations, and cost-reduction initiatives across global, cross-functional teams.
• Prepare and present comprehensive analytical reports covering parts, assemblies, and finished products to support decision-making.
Maintain effective communication and coordination with internal stakeholders and external suppliers/vendors.
Qualification/s
• B.E/M. E Mechanical or similar domain
Minimum 3 years of experience in a Manufacturing / Process Engineering workplace such as Plastics, Sheet Metal, Machining, Casting, Forging, Mirror/Optics, Heat Treatment, or Surface Treatment (must have).
Essential Skill set/s:
• Proficiency in cost modeling tools such as Apriori, Costimator, or similar should-costing software.
• Experience in developing and applying Activity-Based Costing (ABC) methodologies to build detailed manufacturing cost models.
• Ability to establish and validate production cost estimates including tooling costs and process alternatives.
• Competence in breaking down manufacturing costs into key elements: Material, Labor, Overhead, Tooling & Yield / Scrap
• Ability to gather proposals, specifications, and technical documentation and convert them into structured cost estimates for new and existing products.
• Experience in analyzing supplier quotations and ensuring alignment with internal “should-cost” benchmarks.
• Strong ability to identify, quantify, and explain cost gaps between supplier pricing and internal estimates.
• Ability to investigate and drive cost reduction opportunities through detailed cost analysis and benchmarking.
Strong analytical and numerical skills with the ability to research, compile,
📌 Should Costing Engineer (Hyderabad)
🏢 TeizoSoft Private
📍 Hyderabad
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