Cost Engineering Associate

hysteryale; Pune District; On-site; INR 600,000 - 900,000; Full time

Job summary

Hysteryale in Pune is seeking a Cost Engineering Associate to create price calculations and prepare quotations for electronics components such as wire harnesses, battery packs, PCBs, and high voltage systems. The role drives early project cost estimations to inform decisions and supports design-to-cost initiatives.

You will lead value engineering efforts, negotiate with suppliers, and conduct cost audits to ensure accuracy and transparency in costing for operations and purchasing teams.

Qualifications

• Experience in price calculation for electronics components.
• Ability to perform cost analyses during early project stages.
• Understanding of design-to-cost methodologies.

Responsibilities

• Develop concrete cost price calculations for electronics components.
• Initiate and support cost-saving opportunities in electronics.
• Assess customer specifications for completeness and feasibility.
• Coordinate with operations, purchasing, suppliers and account teams.
• Determine optimal assembly and processing strategy with operations.
• Provide technical substantiation for cost calculations and reports.

Skills

Cost engineering

Target costing

Value engineering

Supplier negotiations

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 optimize 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