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Lead Cost Engineer.

Summary

Lead a team of cost engineers, build should-cost and TCO models, analyze supplier costs, and guide sourcing decisions for industrial equipment.

Job Title

Lead Cost Engineer.

Job Category

Engineering

Job Description

Key Responsibilities

  • Lead, mentor, and develop a team of Cost Engineers.
  • Create and manage Should-Cost and Total Cost of Ownership (TCO) models.
  • Analyze supplier cost structures and support fact-based negotiations.
  • Conduct product cost breakdown and competitive cost analysis.
  • Review engineering drawings, BOMs, and manufacturing processes to identify cost drivers.
  • Support Make vs. Buy decisions and New Product Development (NPD) programs.
  • Partner with Engineering, Sourcing, Procurement, and Product Development teams globally.

Required Skills & Experience

  • 5+ years of experience in Cost Engineering, Manufacturing, Supply Chain, or Engineering Operations.
  • Strong understanding of product costing, cost modeling, and supplier cost analysis.
  • Ability to interpret engineering drawings and manufacturing processes.
  • Excellent analytical, negotiation, and stakeholder management skills.
  • Prior team leadership or supervisory experience preferred.

Preferred Qualifications

  • Experience in Should-Cost Modeling, TCO analysis, and strategic sourcing.
  • Strong financial and statistical analysis capabilities.
  • 2+ years of people management experience preferred.

Job Type

Permanent

Time Type

Full time

Work Hours

42.5

Travel Required

Location

HY India Pune

Address

2nd Floor, 45 Icon, Building A, Baner Road, Baner

Post Code

411045

Field-Based

No

Relocation Assistance Available

No

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