Cost Engineering Associate

Hyster-Yale Materials Handling, Inc.; Pune District; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Hyster-Yale Materials Handling, Inc. in HY India Pune is seeking a Cost Engineering Associate to lead cost price calculations and early-stage costings for electronic components such as wire harnesses, battery packs, PCBs and high voltage systems.

You will drive cost reduction through value engineering and design-for-cost initiatives. The role involves coordinating with operations, purchasing, suppliers and account teams to validate specifications, justify methods, and produce substantiated cost

Qualifications

• You are responsible for cost price calculation as a target for operations and purchasing for electronic components.
• You initiate and support cost saving opportunities on electronics commodity.
• You assess the customer specifications for completeness and feasibility.
• You communicate with internal operations, purchasing, suppliers and account teams.
• You determine the optimal assembly and processing strategy and coordinate it with the operation.
• You are responsible for the technical substantiation of a cost price calculation and associated reports for electronics commodity.

Responsibilities

• Develop concrete product improvements within our value engineering approach and target costing projects.
• Contribute to creating innovative product ideas.

Job description

Job Title Cost Engineering Associate

Job Category Engineering

Job Description

As a Cost Engineer Electronics specialist, you are responsible for creating price calculations and technical preparation of quotations for electronic components such as Wire Harness, battery packs, battery management systems, PCB’s, high voltage systems, electric motors etc. You lead project cost estimations in the early innovation stage, providing crucial projections for informed decision‑making. You drive sourcing activities for design‑to‑cost projects, ensuring cost‑effectiveness and efficiency. Furthermore, you identify and lead Value Added/Value Engineering initiatives to optimise project costs. You contribute actively to negotiations with suppliers. You take the lead in cost audits to ensure accuracy and transparency. You check the technical feasibility and determines the optimal one editing methodology. You report directly to the lead Cost Engineering.

Tasks & Responsibilities

In this role you will develop concrete product improvements within our value engineering approach and target costing projects, and you’ll contribute to creating innovative product ideas.

• You are responsible for cost price calculation as a target for operations and purchasing for electronic components.
• You initiate and support cost saving opportunities on electronics commodity.
• You assess the customer specifications for completeness and feasibility;
• You communicate with internal operations, purchasing, suppliers and account teams.
• You determine the optimal assembly and processing strategy and coordinate it with the operation.
• You are responsible for the technical substantiation of a cost price calculation and associated reports for electronics commodity

Job Type

Permanent

Time Type

Full time

Work Hours

42.5

Travel Required

No

Location

HY India Pune

Address

2nd Floor, 45 Icon, Building A, Baner Road, Baner Post Code 411045

Field-Based

No

Relocation Assistance Available

No

Company Overview

No Hyster-Yale Materials Handling, Inc., is a global leader dedicated to advancing the materials handling industry. We design, engineer, manufacture, sell and service a comprehensive line of lift trucks, attachments and power and technology solutions, marketed primarily under the Hyster® and Yale® brand names. As one of the largest lift truck manufacturers, Hyster-Yale is not only committed to transforming the way the world moves materials from Port to Home, but also delivering optimal solutions that meet our customers’ needs while ensuring outstanding customer care. Our achievements are driven by our people, our strong culture and commitment to our values, which are founded on a philosophy of integrity, respect and excellence. At Hyster-Yale, you can feel the loyalty from the inside out.