Senior Costing Engineer - Mechanical, Electro-mechanical, Electronics

Bangalore, India
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True ValueHub is an AI and big-data-driven B2B SaaS solution for manufacturing companies. We help manufacturing companies understand the true cost of manufacturing custom-designed products and components across the globe and reduce their sourcing cycle time and new product introduction time to market. We provide detailed cost insights of custom design parts for buyers and suppliers, a secure collaboration platform, and a marketplace to collaborate on cost. We are an early-stage startup with with several large enterprise pilot clients.

We seek experienced Senior Should Costing Engineers with expertise in various mechanical categories (injection molding, sheet metal, fabrication, casting and machining, forging, and extrusion processes) to join our cost engineering team. The ideal candidate will possess in-depth knowledge of one or more categories, including shop floor experience, a detailed understanding of the cost estimation methodologies and calculations for the category, macro and micro economic factors, and supply chain dynamics impacting the cost of the category. The Senior Should Costing Engineer will be responsible for calibrating True ValueHub costing tool and analyzing and evaluating the manufacturing costs associated with the client’s components and products, specifically focusing on the categories listed above.

Responsibilities
  • Perform detailed cost analysis of mechanical component sand products throughout the manufacturing lifecycle utilizing True ValueHub costing engine.
  • Calibrate True ValueHub’s costing engine. Develop and maintain cost estimation models, when required, databases, and tools to support accurate and efficient costing analysis.
  • Analyze product designs and manufacturing processes to identify cost drivers and areas for cost reduction, applying zero-based costing principles.
  • Stay updated on industry trends, market conditions, and emerging technologies in the manufacturing sector to inform cost estimation strategies.
  • Analyze and report on cost estimation results, including cost breakdowns, cost variance analysis, and cost reduction initiatives.
  • Lead client cost optimization projects and initiatives to drive continuous improvement in manufacturing processes and cost efficiency.
  • Provide guidance and mentorship to junior should costing engineers, sharing best practices and knowledge
Requirements
  • Minimum of five years of experience in should costing, cost estimation, or cost engineering roles within the manufacturing industry. We value direct shop floor experience.
  • Bachelor’s degree in mechanical engineering or a related field. Master's degree is a plus.
  • Proficient in using should costing methodologies, tools, and software applications for accurate cost estimation.
  • Excellent analytical and problem-solving skills with the ability to interpret complex cost data and identify cost drivers.
  • Good communication and interpersonal skills, with the ability to present cost analysis findings and recommendations to stakeholders.
  • Proven ability to lead and drive cost optimization projects, delivering measurable results.
  • Strong attention to detail, organization, and time management skills
We value
  • Experience in Design-to-Cost (DTC) methodologies to optimize product designs for cost efficiency without compromising quality or performance.
  • Utilize CAD applications (e.g., SolidWorks, AutoCAD, PTC Creo) to analyze and validate design changes for cost reduction, ensuring manufacturability and functionality.
  • Expertise in zero-based costing methodologies and experience applying them to optimize product costs and manufacturing processes.
True ValueHub is an Equal Opportunity Employer and all qualified applicants will receive  consideration for employment without regard to race, color, religion, gender, sexual orientation, national origin, genetic information, age, disability, veteran status, or any other legally protected basis.
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How does the trial work? 
1. Select 10 - 15 parts representative of your sourcing portfolio.
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2. Book a session with True ValueHub solution expert to configure the engine to your supply chain needs.
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3. Review detailed output with cost insights, identified savings opportunities and prioritized steps to realize these savings.
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By submitting this form, you are agreeing to our Terms of Use & Privacy Policy. I also agree that True ValueHub, Inc. may communicate with me via email, text, or phone, which may be autodialed.
Thank you! Your submission has been received!
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