Value Engineer

RGBSI; Mumbai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

RGBSI is seeking a seasoned Costing Engineer in Mumbai to analyze BOM costs, perform product teardowns, and develop data-driven cost insights. You will translate financial analytics into actionable recommendations and influence cost optimization across manufacturing teams.

The role requires a mechanical or mechatronics background with 5+ years in product costing or manufacturing, plus experience with supplier ecosystems and data-driven decision making.

Qualifications

• Bachelor's degree in mechanical engineering or mechatronics.
• 5+ years in product costing or manufacturing.
• Experience with vertically integrated manufacturers or suppliers of consumer goods is desirable.
• Experience in competitor research and best-in-class competitor analysis.
• Experience handling big data and familiarity with data science concepts is a plus.

Responsibilities

• Costing using organization cost modeling tools to determine BOM costs and provide insights on manufactured costs per product.
• Teardown in an engineering lab and develop BOM by capturing dimensions and manufacturing process details.
• Communicate results with financial and value-based calculations, present findings and recommendations to technical and non-technical partners.
• Collaborate cross-functionally to provide product engineering guidance and foster trust with internal customers.

Skills

Cost analysis

Cross-functional collaboration

Data interpretation

Communication skills

Market intelligence

Education

Bachelor's in Mechanical or Mechatronics

Tools

Boothroyd Dewhurst DFM/DFMA

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.