Thermo Fisher Scientific seeks a Mechanical Engineer III to lead cost engineering and should-cost analysis for complex mechanical components and assemblies. The role involves developing data-driven cost models, partnering across engineering and procurement functions, and identifying value improvement opportunities through design-to-cost principles.

Responsibilities

- Develop detailed should-cost and clean-sheet cost models for mechanical components and complete products
- Analyze cost drivers including materials, manufacturing processes, tooling, labor, and logistics
- Partner with Design Engineering and Procurement to embed design-to-cost principles and support supplier negotiations
- Evaluate alternative materials, manufacturing processes, and sourcing scenarios to improve cost competitiveness
- Lead continuous improvement of costing methodologies, databases,



and analytical processes

Requirements

- Bachelor's degree in Mechanical, Automobile, Mechatronics Engineering, or related discipline
- 10+ years of experience in should costing, cost engineering, or value engineering
- Demonstrated experience developing detailed cost models for mechanical components and processes
- Deep manufacturing knowledge across CNC, sheet metal, casting, forging, plastics, and related processes
- Proficiency with cost modeling tools such as aPriori, DFMA, or Costimator
- Ability to interpret engineering drawings, GD&T;, tolerances, and CAD platforms
- Solid analytical and communication skills to influence cross-functional teams

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