Product Cost Engineer

Burckhardt Compression AG.; Pune District; On-site; INR 2,500,000 - 6,000,000; Full time

Job summary

Burckhardt Compression AG in Pune, India seeks an experienced Value Engineering/Manufacturing Engineer to lead should-costing studies for castings, forgings and machined parts. You will build bottom-up cost models, develop MHR databases, and benchmark supplier quotes against internal models.

You will drive Design-to-Cost improvements, train teams, and collaborate with Engineering and Procurement. The role requires 8+ years in manufacturing engineering or VE and strong English fluency.

Qualifications

• Graduation / Post-Graduation in Mechanical Engineering or similar.
• At least 8 years' experience in manufacturing engineering and/or value engineering.
• Proven expertise in should-costing and cost-estimation tools (Excel, CostData, aPriori, Facton, Teamcenter Cost).
• Core: cycle-time calculation, Machine Hour Rate development, CAD interpretation, GD&T, tolerances, data analytics.
• Knowledge of Value Analysis/Value Engineering and international standards (API/ASME/ASTM).
• Basic know-how of Master Data and SAP transactions.
• MS Office and Power BI; AI tools knowledge; travel up to 20%.
• Fluent English with local language; technical vocabulary in both languages.

Responsibilities

• Lead should-cost studies for castings, machined and forged parts with stakeholders.
• Develop and maintain bottom-up should-cost models incl. materials, processes, tooling and overheads.
• Build MHR databases and cost libraries; benchmark supplier quotes against models.
• Validate manufacturing assumptions with Engineering; drive Design-to-Cost improvements.
• Train buyers and engineers on cost drivers; prepare final reports and presentations.
• Interface with Systems Division; drive VE and should-costing with suppliers.
• Prepare project charters, closures, KPIs and progress reports for management.

Skills

Should-costing

Data analytics

GD&T

Manufacturing tolerances

Excel

Power BI

English communication

Education

Bachelor’s or Master’s in Mechanical Engineering

Tools

CostData

aPriori

Facton

Teamcenter Product Cost Management

CAD

SAP

Job description

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• Lead Value Engineering studies on cast, machined and forged compressor parts and commodities, in close cooperation with Engineering, Product Management and Category Managers (Procurement).
• Develop and maintain detailed bottom-up should-cost models for castings, forgings and machined parts – covering raw material, process routing, cycle times, Machine HourRates (MHR), labour, energy, tooling, yield/scrap, overheads and profit structures – to define the cost baseline and identify use cases.
• Build and maintain MHR databases, commodity cost modules and cost libraries with documented assumptions.
• Benchmark supplier quotations against internal should-cost models and support fact-based cost negotiations.
• Validate manufacturing assumptions with Engineering.
• Assess manufacturing feasibility and drive Design-to-Cost / Design-for-Manufacturing (DFM) improvements across casting, machining and forging (e.g. material substitution, near-net-shape, process routing, tolerance and tooling optimisation).
• Train buyers and engineers on cost drivers.
• Establish close relationships and a safe environment with project stakeholders to discuss insights, align on targets and agree savings opportunities.
• Produce the documents required to present should-costing study results, including a final report with cost evaluation, recommendations and study finalisation.
• Provide clarifications and assistance to decision makers during the decision-making process.
• Prepare project charter, project closure, regular reports, KPI tracking and planning for the assigned projects.
• Report on progress and roadblocks to project stakeholders and the Value Engineering Global Manager.
• Attend follow-up sessions with Management when required.
• Support process implementation and interface definition across the Systems Division of Burckhardt Compression.
• Drive forward the Value Engineering and should-costing process with suppliers and 3rd parties.

Education, Experience and Languages:

• Graduation / Post-Graduation in Mechanical Engineering or similar.
• Atleast 8 years' experience in manufacturing engineering and/or value engineering, with in-depth hands‑on knowledge of casting (sand/investment), machining and forging processes.
• Proven expertise in should‑costing methodology and cost‑estimation tools (e.g. Excel, CostData, aPriori, Facton, Teamcenter Product Cost Management or equivalent).
• Core technical competencies: cycle‑time calculation, Machine Hour Rate (MHR) development, CAD drawing interpretation, GD&T and manufacturing tolerances, and data analytics.
• Solid knowledge of Value Analysis / Value Engineering methodology and international standards (e.g. API, ASME, ASTM); able to read technical drawings, GD&T and material specifications for cast, machined and forged parts.
• Basic know‑how of Master Data and SAP transactions.
• MS Office and Power BI.
• AI tools and AI Agent creation
• Ability to travel up to 20% of work schedule.
• Language: local language and fluent English; basic technical vocabulary in both languages.

Burckhardt Compression creates leading compression solutions for a sustainable energy future and the long‑term success of its customers. The Group is the only global manufacturer that covers a full range of reciprocating compressor technologies and services. Since 1844, its passionate, customer‑oriented and solution‑driven workforce has set the benchmark in the gas compression industry.