Cost Engineering Specialist (PD40F7)

Magneti Marelli Parts & Services; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Magneti Marelli Parts & Services is seeking an Electronics Engineer to lead Value Analysis and Value Engineering initiatives across electronic products. You will identify cost-reduction opportunities, review designs, coordinate with design, sourcing, quality and manufacturing teams, and ensure product performance and compliance.

This role offers the chance to influence cost structures, work with cross-functional teams, and contribute to a safer, greener and more connected future for mobility.

Qualifications

• Bachelor’s degree in Electronics/Electrical Engineering.
• 3–8 years of experience in electronics hardware and component engineering.
• Knowledge of electronic components, PCBAs, BOM analysis, SMT, ICT, and production testing.
• Ability to read schematics, datasheets, and component specifications.
• Strong coordination, analytical and communication skills.

Responsibilities

• Review electronic hardware designs to identify cost optimization opportunities without compromising performance or quality.
• Identify, create feasibility reports and evaluate alternate low-cost electronic components with cross-functional teams.
• Analyze BOM cost and propose VA/VE ideas to optimize components and design efficiency.
• Work with R&D, Purchase, Quality, Production and Suppliers to implement cost-saving initiatives.
• Prepare cost-benefit analysis, technical justification, validation plans and implementation reports.
• Ensure changes follow ECN/ECR, PPAP, validation and quality approval processes.

Skills

Coordination

Analytical skills

Communication

Schematics reading

BOM analysis

Component engineering

Education

Bachelor’s degree in Electronics/Electrical Engineering

Job description

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Your next career opportunity with our organization starts here!

Embarking on a new role within Marelli means taking on new challenges and seizing the opportunity to make a bigger, better, bolder impact!

We’re pioneers of the future of mobility. Our story is built on innovation and manufacturing excellence. Every day, we drive change and co-create what comes next. Our purpose is simple yet ambitious: \"Let's push the boundaries together. We aspire to shape future mobility dreams and turn them into reality.\"

Joining the Marelli [Electronics] team means becoming a part of something bigger, a place where you can explore your potential, pioneer innovation, [Electronics].

As a global yet fast-evolving company, we are always looking to grow and evolve our talents.

About the Position:

We are looking for an Electronics Engineer responsible for Value Analysis and Value Engineering initiatives across electronic products. The role involves identifying cost-reduction opportunities through alternate component selection, hardware design review, process optimization, and cross-functional coordination while ensuring product quality, reliability and compliance.

Your Responsibilities will be:

• Review electronic hardware designs to identify cost optimization opportunities without compromising performance or quality.


• Identify, create feasibility report & evaluate alternate low-cost electronic components in coordination with design, sourcing, quality, and manufacturing teams.


• Analyze BOM cost and propose VA/VE ideas such as eliminating over-engineered components, optimizing specifications, and improving design efficiency. Support component benchmarking, lifecycle review, availability analysis, and supplier technical evaluation.


• Work with CFT teams including R&D, Purchase, Quality, Production, Testing, and Suppliers to implement approved cost-saving initiatives.


• Prepare cost-benefit analysis, technical justification, validation plans and implementation reports.


• Ensure changes follow ECN/ECR, PPAP, validation, and quality approval processes.

What Qualifications you will bring:

• Bachelor’s degree in Electronics/Electrical Engineering.


• 3-8 years of experience in electronics hardware, component engineering


• Knowledge of electronic components, PCBAs, BOM analysis, SMT process, ICT, and production testing.


• Ability to read schematics, datasheets, and component specifications.


• Strong coordination, analytical, and communication skills.

Take the next step:

Together, we will drive the world towards a safer, greener, and better-connected future.

Are you ready to make your mark, shape the future of the automotive industry, and drive the growth of the [Division] business?

About Us:

Marelli is one of the world’s leading global independent suppliers to the automotive sector, with a strong and established track record in innovation and manufacturing excellence. Our goal is to change the future of mobility by working with our customers and partners to create a safer, greener, and more connected world.

Our team supplies all major automotive manufacturers in Asia, Europe, and North and South America and the top racing teams in motorsport world championships. Our technology is purpose-driven and meticulously designed to deliver tangible value that truly matters to our customers.

Our business areas are automotive lighting and sensing, thermal solutions, electronics, green technology solutions, interior experience, propulsion solutions (e-powertrain and powertrain), ride dynamics, motorsport, and aftermarket business.

Within the walls of Marelli, we believe in enabling people to do their best work. Our cultural attributes - Drive Results, Accountable, Entrepreneurial, Inclusive, Innovative, and Aware - are the cornerstones of a new Marelli culture. Be part of it!

At Marelli, we believe in the importance of diversity and inclusion in our workplace. We are committed to nurturing talent in our diverse environment, and we take pride in our various employee resource groups, such as Marelli Women, Brains & Hearts Wellbeing, All Cultures, and Marelli's Rainbow. We believe these groups foster creativity and innovation through the unique perspectives of a multicultural community.

Marelli is a global, independent technology partner to the automotive industry, with a strongand established track record in innovation and manufacturing excellence.

Joining the Marelli team means becoming a part of something bigger, a place where you can explore your potential, pioneer innovation, and grow.

We believe in enabling people do their best work. Our cultural attributes - Drive Results, Accountable, Entrepreneurial, Inclusive, Innovative, and Aware - are the cornerstones of a new Marelli culture. Be part of it!

Discover our open positions and take the first step towards an exciting career in Marelli. Explore new horizons and unleash your potential. Join us today! Let's push the boundaries together. We aspire to shape future mobility dreams and turn them into reality.