Should Costing / COST Engineering - Hyderabad

Axiscades Engineering Technologies

Hyderabad

On-site

INR 1,500,000 - 2,100,000

Full time

3 days ago
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Job summary

Axiscades Engineering Technologies in Hyderabad invites an experienced Team Lead Should Costing & Cost Engineering to lead cost modeling across Sheet Metal, Machining, Castings and assemblies. You will develop part- and assembly-level should-cost models, perform supplier analysis, support RFQ/RFPs, and drive cost-reduction initiatives with cross-functional teams.

The ideal candidate has hands-on manufacturing experience, strong knowledge of VAVE, and ability to build Excel costing tools and

Qualifications

  • Experience in Should Costing and Cost Engineering within manufacturing environments.
  • Strong knowledge of VAVE (Value Engineering) and process planning.
  • Experience with BOM, RFQ/RFP analysis and cost modeling.

Responsibilities

  • Lead a team of Cost Engineers and manage multiple should-costing projects.
  • Develop part-level and assembly-level should-cost models.
  • Perform cost analysis for sheet metal, fabrication, machining, castings and mechanical assemblies.
  • Analyze engineering drawings, BOMs and manufacturing requirements.
  • Develop optimal manufacturing process routes and work-center sequences.
  • Calculate raw material, labor, machine, tooling, overhead, finishing and assembly costs.
  • Calculate cycle times and Machine Hourly Rates (MHR).
  • Conduct VAVE and identify cost-reduction opportunities.
  • Perform teardown analysis and benchmarking against best practices.
  • Collaborate with Engineering, Procurement and PM teams to support RFQ/RFP and budgeting.

Skills

Should Costing
Cost Engineering
VAVE
Manufacturing Process Planning
Sheet Metal Fabrication
Machining & CNC
Heavy Engineering
Cost Estimation
Cost Modeling
BOM & RFQ/RFP Analysis
Cycle-Time
Machine Hourly Rate
Raw Material & Nesting
Supplier Cost Analysis
Cost Reduction
Teardown / Benchmarking

Job description

HI All,

WE ARE HIRING | TEAM LEAD SHOULD COSTING & COST ENGINEERING

Location: Hyderabad

Experience: 1520+ Years

Industry: Engineering / Manufacturing / Automotive / Aerospace / Heavy Engineering.

We are looking for an experienced Team Lead Should Costing & Cost Engineering with strong expertise in manufacturing processes, cost estimation, VAVE, process planning, and supplier cost analysis. The ideal candidate should have a strong combination of hands‑on manufacturing experience and cost‑engineering expertise, with the ability to develop detailed should‑cost models and provide cost‑reduction and sourcing recommendations.

Key Responsibilities
  • Lead a team of Cost Engineers and manage multiple should‑costing projects.
  • Develop part‑level and assembly‑level Should Cost Models.
  • Perform cost analysis for Sheet Metal, Fabrication, Machining, Castings and Mechanical Assemblies.
  • Analyze engineering drawings, BOMs and manufacturing requirements.
  • Develop optimal manufacturing process routes and work‑center sequences.
  • Calculate raw material, labor, machine, tooling, overhead, finishing and assembly costs.
  • Calculate cycle times and Machine Hourly Rates (MHR).
  • Conduct VAVE / Value Engineering and identify cost‑reduction opportunities.
  • Perform teardown analysis and manufacturing benchmarking.
  • Optimize raw‑material utilization, nesting, yield and manufacturing processes.
  • Identify alternative materials, processes and suppliers.
  • Provide supplier cost analysis and negotiation support to sourcing/commodity teams.
  • Support RFQ/RFP activities, project estimation, budgeting and scheduling.
  • Develop Excel‑based costing tools, templates and databases.
  • Prepare costing reports, case studies and management presentations.
  • Collaborate with Engineering, Procurement, Quality, Manufacturing and Project Management teams.
Required Skills
  • Should Costing / Cost Engineering
  • VAVE / Value EngineeringManufacturing Process Planning
  • Sheet Metal Fabrication
  • Machining & CNC Processes
  • Heavy Engineering
  • Cost Estimation & Cost Modeling
  • BOM & RFQ/RFP Analysis
  • Cycle-Time Calculation
  • Machine Hourly Rate Calculation
  • Raw Material & Nesting Optimization
  • Supplier Cost Analysis
  • Cost Reduction / Productivity Improvement
  • Teardown / Benchmarking.

Interested candidates please send resume at renuka.y@axiscades.in

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