Value Engineer

RGBSI; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

RGBSI Bengaluru invites an experienced costing engineer to lead product costing efforts, conduct BOM analyses, and support cost reduction initiatives across new product development.

You will perform engineering cost modeling, teardown investigations, and present insights to both technical teams and business partners, aligning cost strategies with manufacturing realities.

Qualifications

• Bachelor’s degree in mechanical engineering or mechatronics engineering.
• 5+ years’ working experience in product costing or manufacturing and/or new product development.
• Experience with vertically integrated manufacturers and/or suppliers who develop consumer products is desirable.
• Experience in big data and familiarity with data science principles/practices is a plus.

Responsibilities

• Costing: use organization cost modeling tools to determine BOM costs and provide insights on manufactured costs per product.
• Teardown: perform product teardown in an engineering lab and develop BOM by capturing dimensions and manufacturing details.
• Communicating results: conduct financial and value-based calculations, summarize findings in presentations, and communicate insights to technical and non-technical stakeholders.
• Business collaboration: provide product engineering guidance and foster cross-functional trust and collaboration.

Skills

Costing and cost modeling

Product teardown

Financial analysis

Cross-functional collaboration

Data analysis basics

Presentation skills

BOM / Bills of Materials

Measuring instruments

Excel

DFM/DFMA software

Education

Bachelor’s degree in mechanical or mechatronics engineering

Tools

Boothroyd Dewhurst DFM/DFMA costing software

Excel

PowerPoint

Job description

KEY RESPONSIBILITIES

50% Should Costing Use organization cost modeling tools to determine the bill of material costs as to provide insight to the manufactured costs on product basis.

20% Product Teardown Perform teardown in an engineering lab environment and develop bill of materials by capturing dimensional parameters and manufacturing process details of product components and entire assemblies.

20% Communicating Results Conduct financial and value-based calculations, summarize the findings from cost analytics for the business in presentation format and communicate the insights and recommendations to both technical/non-technical business partners. Present recommendations and influence execution of recommendation.

10% Business Collaboration – Provide product engineering guidance and knowledge/evaluations. Effectively develop trust and collaboration with internal customers and cross-functional teams.

Bachelor’s degree in mechanical engineering or mechatronics engineering.

5+ years’ working experience in product costing or manufacturing and/or new product development.

Experience working with vertically integrated manufacturers and/or working directly with suppliers who develop consumer product goods is desired.

Work experience in competitor research and Best-in-Class competitor analysis.

Experience in handling big data and familiarity with data science principles/practices is a plus.

KEY REQUIREMENTS

Good working knowledge of various materials comprising of metal/ plastic/ ceramic/ glass/ wood/ textiles.

Understanding of different manufacturing process and process cost calculations

Knowledge on Printed Circuit boards manufacturing and costing is a plus.

Product manufacturing/assembly and understanding of Bills of Materials.

Proficient in using the measuring instruments - calipers, micrometer, and scales

Ability to use Boothroyd Dewhurst DFM/DFMA costing software.

Proficient with Microsoft Office Suite - Excel and PowerPoint.

Familiarity with industry practices to track global commodity and labor data.

Ability to develop and apply mathematical/statistical techniques is a plus.

Ability to understand market intelligence reports, customer personas, and industry trends.

Analyze/assess findings, generate insights through reports, dashboards and presentations.

Ability to convey complex or technical ideas/processes in easy-to-understand terms to diverse audiences.

Ability to assimilate large cost data sets and summarize analytics into business insights and presentations.

Strategic mindset and action oriented.

Ability to work in cross-functional team environment.

Excellent written and verbal communication skills.