Role Description
Who we are
At UST, we help the world’s best organizations grow and succeed through transformation. Bringing together the right talent, tools, and ideas, we work with our client to co-create lasting change. Together, with over 30,000 employees in 30+ countries, we build for boundless impact—touching billions of lives in the process. Visit us at .
Summary
UST is seeking an experienced Should Costing Engineer – Mechanical to develop accurate cost models for mechanical components, assemblies, and products across Electronics Manufacturing Services (EMS), Industrial, Automotive, Consumer Electronics, and Medical Devices. The location is flexible (customer site or Global Engineering Center). You will work closely with sourcing, commodity management, suppliers, design engineering, and manufacturing teams, analyzing mechanical drawings, CAD models, manufacturing processes, BOMs, and supplier quotations to establish benchmark should-cost estimates, identify cost optimization opportunities, support supplier negotiations, and drive value engineering initiatives.
The Opportunity
- Develop detailed should-cost models for mechanical components and assemblies.
- Analyze 2D drawings, 3D CAD models, BOMs, and technical specifications.
- Estimate costs for sheet metal components, machined parts, castings, forgings, plastic injection molded parts, die cast components, and welded assemblies.
- Perform manufacturing feasibility and process analysis.
- Compare supplier quotations with should-cost estimates and identify cost gaps.
- Support strategic sourcing and supplier negotiations.
- Drive VA/VE (Value Analysis & Value Engineering) initiatives.
- Conduct cost reduction workshops with suppliers and engineering teams.
- Analyze material utilization, cycle time, tooling, labor, overheads, and logistics costs.
- Create cost benchmarking databases and market intelligence reports.
- Collaborate with Design, Procurement, Commodity Managers, and Suppliers to optimize product costs.
- Typical components in scope include chassis and enclosures, sheet metal cabinets, heat sinks, structural frames, brackets and mounts, plastic housings, die cast parts, CNC machined components, electromechanical assemblies, and industrial equipment assemblies.
What You Need
- 5–10 years of experience in mechanical should costing (8–15 years for senior engineer positions).
- Strong understanding of manufacturing processes and cost engineering.
- Hands-on experience with supplier cost analysis and negotiations.
- Familiarity with global sourcing and commodity management.
Required Skills
- Manufacturing Processes: Machining, CNC operations, sheet metal fabrication, injection molding, casting and forging, welding and assembly processes.
- Mechanical Engineering: GD&T; interpretation and tolerance stack-up analysis.
- Costing Tools: aPriori, SEER, Siemens Teamcenter Costing, DFMA, and advanced Excel modeling.
- CAD Tools: SolidWorks, Creo, Siemens NX, AutoCAD.
- Cost Modeling: Material cost estimation, labor cost estimation, process costing, tooling cost analysis, Cost Breakdown Structure (CBS), and cost benchmarking.
Desired Skills
- Experience in EMS, Automotive, Aerospace, or Industrial Products.
- aPriori Certified Skilled.
- Lean Manufacturing knowledge.
- Six Sigma Green Belt.
- Data analytics and Power BI.
- Exposure to AI/ML-based cost analytics.
Qualification
- Bachelor’s or Master’s degree in Mechanical Engineering.
What We Believe We’re proud to embrace the same values that have shaped UST since the beginning. Since day one, we’ve been building enduring relationships and a culture of integrity. And today, it's those same values that are inspiring us to encourage innovation from everyone, to champion diversity and inclusion and to place people at the centre of everything we do.
Humility We will listen, learn, be empathetic and help selflessly in our interactions with everyone.
Humanity Through business, we will better the lives of those less fortunate than ourselves.
Integrity We honour our commitments and act with responsibility in all our relationships.
Equal Employment Opportunity Statement UST is an Equal Opportunity Employer. We believe that no one should be discriminated against because of their differences, such as age, disability, ethnicity, gender, gender identity and expression, religion, or sexual orientation. All employment decisions shall be made without regard to age, race, creed, colour, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law. UST reserves the right to periodically redefine your roles and responsibilities based on the requirements of the organization and/or your performance.
- To support and promote the values of UST.
- Comply with all Company policies and procedures
Skills Cost Accounting, Cost Benchmarking, Procurement, Value Engineering, Value Engineering, Welding, Mechanical Design, Procurement, Manufacturing Processes, GD&T;, Cost Benchmarking
📌 Lead I - Engineering Design (Hyderabad)
🏢 UST
📍 Hyderabad