Should Costing Engineer

Fluence Energy, LLC

Bengaluru

On-site

INR 1,200,000 - 1,800,000

Full time

4 days ago
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Job summary

Fluence Energy, LLC is hiring a Should-Cost Engineer for our Bangalore, India office. This role focuses on developing and maintaining should-cost models for mechanical, electrical, and electro-mechanical products, leveraging aPriori and related tools to identify cost drivers and opportunities.

You will partner with Engineering, Procurement, Manufacturing, and Supply Chain to drive cost-out initiatives, support DTC/DFM decisions, and analyze BOMs for cost reduction while maintaining performance

Qualifications

  • Develop and maintain should-cost models for mechanical, electrical, and electro-mechanical products.
  • Use cost-engineering tools to establish fact-based product costs and identify key cost drivers.
  • Collaborate with cross-functional teams to drive cost-effective designs.

Responsibilities

  • Lead global cost-out initiatives across suppliers and CM partners.
  • Support Design-to-Cost, DFM/DFA and material selection decisions.
  • Analyze BOMs/MBOMs to identify cost drivers and savings opportunities.

Skills

Should-cost modeling
Cost engineering
aPriori
DFX / DFM

Tools

aPriori
BOM analysis

Job description

## Should Costing EngineerApply: In-Office (4 days in Office): India - Bangalore: Full time: Posted Yesterday: JR101686Fluence (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. Our solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of successful implementations across nearly 50 markets, we are transforming the way we power our world for a more sustainable future. For more information, please visit fluenceenergy.com.**Job Description:****Should-Cost Engineering Responsibilities*** Develop and maintain should-cost models for mechanical, electrical, and electro-mechanical products using manufacturing process, material, labor, tooling, overhead, yield, and volume assumptions.* Use aPriori and other cost-engineering tools to establish fact-based product costs and identify key cost drivers and cost-reduction opportunities.* Provide cost analysis during early product concept and architecture phases to support Design-to-Cost (DTC), DFM/DFA, material selection, process selection, and design trade-offs.* Analyse engineering drawings, GD&T, BOMs, and MBOMs to identify cost drivers related to materials, tolerances, part complexity, manufacturing processes, and assembly.* Develop clean-sheet cost estimates and benchmark supplier quotations against should-cost models to identify cost gaps and support supplier negotiations and sourcing decisions.* Partner with Engineering, DFX, NPI, Procurement, Manufacturing, Quality, and Supply Chain teams to drive cost-effective product designs without compromising performance, quality, reliability, or manufacturability.* Conduct cost analysis for sheet metal, machining, welding, casting, extrusion, injection molding, coating, electrical assemblies, and mechanical/electrical integration.* Lead and drive global cost-out initiatives across CMs and suppliers, partnering with Engineering, Procurement, Supply Chain, and Manufacturing to identify, quantify, negotiate, and implement sustainable cost-reduction opportunities across products and manufacturing locations.* Support Value Engineering / Value Analysis (VE/VA) initiatives and develop cost-reduction roadmaps for new and existing products.* Evaluate tooling, fixtures, equipment, manufacturing processes, and supplier capability to determine their impact on product cost and investment requirements.* Assess cost impacts of engineering changes, material substitutions, localization, process changes, and supplier changes.* Establish and track cost targets, cost-critical-to-quality (CTQ) factors, cost gaps, cost avoidance, and realized savings throughout the NPI lifecycle.* Continuously improve cost models using actual production data, supplier inputs, manufacturing cycle times, material pricing, yield, and lessons learned from prototype and production builds.* Develop standardized Design-to-Cost / DFX cost guidelines and databases to enable consistent cost decisions across product development programs.**Our Culture**At Fluence, our culture is the foundation that drives our ambitious growth strategy and fuels our mission to transform the future of energy. Our core cultural pillars empower us to innovate, collaborate, and lead with purpose, ensuring we continue to deliver unparalleled value to our customers and the world.**Unleash Voices**We believe every voice matters. We encourage openness, active listening, and decisive action to create a culture where everyone has the opportunity to contribute to our success. We foster an environment where diverse perspectives are heard and valued, driving innovation and progress.**Customer Fluent**Our customers are at the heart of everything we do. We’re committed to delivering exceptional value that exceeds expectations by understanding our customers' needs and adapting swiftly to meet them. Our deep focus on customer satisfaction drives us to continuously improve and innovate.**Infinite Impact**We are committed to creating the impossible. We push boundaries to deliver sustainable, game-changing solutions that shape a brighter, more energy-efficient future for all. Our team is passionate about making a lasting impact that will resonate for generations to come.**All In**We are all in for growth. Our teams are relentlessly focused on identifying and seizing opportunities that propel us forward. We embrace an ownership mindset, pushing ourselves and each other to accelerate progress and create lasting success.
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