Eaton

Power management leader for electrical systems

Engineer – Cost Engineering Center - Supply Chain Management

Procurement & SourcingConfirmed live in the last 24 hours

Full-timePune, Maharashtra, IndiaNo salary listedIn-person

About the Job

Requirements

Bachelor’s degree in engineering with 6–10 years of experience in should costing, or a master’s degree with 4–6 years of experience.
Strong knowledge of one or two commodities, such as machining, forging, sheet metal, or mechanical assemblies, and subject-matter expertise in at least one commodity.
Proficiency in Design for Manufacturing analysis, procurement processes, PPAP, GD&T, and different types of raw materials and commodities.
Knowledge of statistical tools such as regression analysis for target costing.
Expert-level ability with at least one should-costing tool, such as Costimator, aPriori, Facton, or PriceSystems.
Hands-on experience using CAD tools such as AutoCAD, ProE, or SolidWorks.
Strong data analytics skills, including the ability to derive meaningful decisions from data and work accurately with data analysis.
Strong knowledge of Microsoft Office tools, including Word, Excel, and PowerPoint.
Ability to communicate clearly and effectively in person, by email, and over the phone, including verbal and written business communication and presentation skills.
Ability to execute activities autonomously with minimal direction and handle multiple tasks while responding promptly to deadlines.
Strong business acumen, including an understanding of how markets work, and negotiation skills.
Knowledge of 3D printing, design thinking, Internet of Things, commodity strategies, and fact packs/gap analysis.
Strong sense of urgency, customer focus, and decision-making ability.

Responsibilities

Build part and product costing models using internal and external information sources.
Run relevant software models to generate cost estimates.
Validate cost estimates using experience and in collaboration with subject-matter experts.
Analyze the total cost of ownership of products.
Prepare reports and presentations using data analysis, including presentations to senior leadership.
Strengthen relationships with commodity managers and stakeholders.
Build organizational capabilities by training and coaching developing talent in should costing.
Coordinate closely with technology, manufacturing, sourcing, product management, and suppliers.
Establish and maintain a knowledge-management database to support sourcing decisions and should-cost analysis.
Ensure projects meet financial and operational goals, including cost reduction, cost avoidance, productivity gains, and timely and accurate delivery.
Communicate globally with supply chain teams about opportunities aligned with commodity and category strategies.
Partner with Engineering on should-cost analysis for new product introduction and value analysis/value engineering projects.
Manage project-level initiatives requiring input from multiple cost sources.

What you’ll do:

The should cost engineer will be responsible for the development of part and product cost estimates working within a specialized team within the Supply Chain Management shared services center. The work will be process based, will deploy analytical models, and will involve close collaboration with business stake holders and subject matter experts.
"1. Build part and product costing models using internal and external sources of information
2. Run relevant software models to generate cost estimates
3. Validate cost estimates based on experience and working with subject matter experts
4. Should have worked in analysing Total Cost of Ownership of products.
5. Reporting and Analytics – Should have good experience on data analysis, report preparation and presentation to senior leadership."

Qualifications:

Bachelor’s in engineering with 6-10 years of experience in Should Costing OR Masters with 4-6 years of experience

Skills:

"• Must have strong knowledge of one or two of commodities like Machining, Forging, Sheet Metal, Mechanical Assemblies.
* Should be SME for one or more commodities
• Proficient in Design for Manufacturing Analysis (DFM), procurement processes, PPAP and GD&T, different types of raw materials & commodities
• Knowledge of statistical tools like Regression analysis etc. for target costing
• Should be an expert user of one of the should costing tool (Costimator, aPriori, Facton, PriceSystems)
• Hands on experience of using CAD tools (AutoCAD, ProE, SolidWorks)
• Strengthening relationship with commodity managers and stakeholders
• Build organizational capabilities by Training, Coaching to budding talents with Should cost
• Have close coordination with technology, manufacturing, sourcing, product management, and suppliers
• Establish & maintain a strong knowledge management database that can be leveraged for Sourcing decisions
• Ensure projects meet their financial & operational goals (KPIs) viz cost out, cost avoidance, productivity gain and on time & accurate deliveries.
• Communicates with the Supply Chain teams globally regarding opportunities in alignment with commodity/category strategies
• Partner with Engineering for should-cost analysis on NPI & VAVE Projects
• Should have hands-on experience in creating a robust knowledge management database for should cost
• Should be strong in Data analytics skill to get meaningful decisions made out of numbers
• Manage at a project level, initiatives requiring multiple cost inputs
• Work collaboratly and be able to communicate effectively globally
• Strong knowledge of MS Office tools (Word, Excel and PowerPoint)
• Ability to communicate clearly & effectively in person, via e-mail and over phone
• Executing activities and working autonomously with minimal direction
• Strong business acumen: Understanding how markets work
• Negotiation Skills
• 3D Printing
• Design Thinking
• Analytical Skills
• IoT
• Aptitude for Technology
• Commodity Strategies
• Fact pack/Gap analysis"
"• Verbal & Written Communicaton
• An individual with a strong sense of urgency
• An individual with a strong customer focus
• Accurate working with data analysis
• Hands-on to work with multiple tasks
• Quick response to deadlines
• Presentation Skills
• Business Communication
• Decision Making
• Drives Result"

About the Company

Eaton

Power management leader for electrical systems

Eaton designs and sells electrical power management products and services for data centers, utilities, aerospace, and other industries. It provides hardware like switches, circuit breakers, transformers, and distribution equipment, plus software and services to monitor, protect, and optimize power flow from generation to end use. It combines an end-to-end power management portfolio with a long history of acquisitions to be a broad, globally integrated provider. Its goal is to enable reliable, efficient, and safe electrification across industries by improving energy management and resilience.

Company size: 10,001+
Company stage: IPO
Headquarters: Dublin, Ireland
Founded: 1911

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