Value Engineer

RGBSI; Hyderabad; On-site; INR 700,000 - 1,100,000; Full time

Job summary

RGBSI Hyderabad is seeking a cost engineering professional to lead Should-Cost analyses, teardown activities, and BOM development for consumer products. You will communicate financial insights to both technical and non-technical stakeholders and work closely with suppliers and internal teams.

The role requires a mechanical engineering or mechatronics background with 5+ years in product costing, manufacturing, or new product development.

Qualifications

• Bachelor's degree in mechanical engineering or mechatronics.
• 5+ years of experience in product costing or manufacturing and/or new product development.
• Experience with cost modeling and BOMs; familiarity with supplier interactions is a plus.

Responsibilities

• 50% Should Costing: Use organization cost modeling tools to determine BOM costs and inform manufactured costs on a product basis.
• 20% Product Teardown: Perform teardown in an engineering lab and develop BOM by capturing dimensions and manufacturing details of components and assemblies.
• 20% Communicating Results: Present financial and value-based analyses to technical and non-technical partners, summarize insights and recommendations.
• 10% Business Collaboration: Provide product engineering guidance and foster cross-functional collaboration and trust.

Skills

Costing

Product costing

Mechatronics

Mechanical engineering

DFM/DFMA

Data analysis

Excel

Education

Bachelor's degree in mechanical engineering or mechatronics engineering

Tools

Boothroyd Dewhurst DFM/DFMA software

MS 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.