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Product Cost Engineer


Job Location:

Pune - India

Monthly Salary: Not provided by the employer
Posted: 17 October 2026 (4 hours ago)
Application Deadline: 14 January 2027
Vacancies: 1 Vacancy

Job Summary

Main responsibilities and tasks:

  • Lead Value Engineering studies on cast machined and forged compressor parts and commodities in close cooperation with Engineering Product Management and Category Managers (Procurement).
  • Develop and maintain detailed bottom-up should-cost models for castings forgings and machined parts covering raw material process routing cycle times Machine HourRates (MHR) labour energy tooling yield/scrap overheads and profit structures to define the cost baseline and identify use cases.
  • Build and maintain MHR databases commodity cost modules and cost libraries with documented assumptions.
  • Benchmark supplier quotations against internal should-cost models and support fact-based cost negotiations.
  • Validate manufacturing assumptions with Engineering.
  • Assess manufacturing feasibility and drive Design-to-Cost / Design-for-Manufacturing (DFM) improvements across casting machining and forging (e.g. material substitution near-net-shape process routing tolerance and tooling optimisation).
  • Train buyers and engineers on cost drivers.
  • Establish close relationships and a safe environment with project stakeholders to discuss insights align on targets and agree savings opportunities.
  • Produce the documents required to present should-costing study results including a final report with cost evaluation recommendations and study finalisation.
  • Provide clarifications and assistance to decision makers during the decision-making process.
  • Prepare project charter project closure regular reports KPI tracking and planning for the assigned projects.
  • Report on progress and roadblocks to project stakeholders and the Value Engineering Global Manager.
  • Attend follow-up sessions with Management when required.
  • Support process implementation and interface definition across the Systems Division of Burckhardt Compression.
  • Drive forward the Value Engineering and should-costing process with suppliers and 3rd parties.

Education Experience and Languages:

  • Graduation / Post-Graduation in Mechanical Engineering or similar.
  • Atleast 8 years experience in manufacturing engineering and/or value engineering with in-depth hands-on knowledge of casting (sand/investment) machining and forging processes.
  • Proven expertise in should-costing methodology and cost-estimation tools (e.g. Excel CostData aPriori Facton Teamcenter Product Cost Management or equivalent).
  • Core technical competencies: cycle-time calculation Machine Hour Rate (MHR) development CAD drawing interpretation GD&T and manufacturing tolerances and data analytics.
  • Solid knowledge of Value Analysis / Value Engineering methodology and international standards (e.g. API ASME ASTM); able to read technical drawings GD&T and material specifications for cast machined and forged parts.
  • Basic know-how of Master Data and SAP transactions.
  • MS Office and Power BI.
  • AI tools and AI Agent creation
  • Ability to travel up to 20% of work schedule.
  • Language: local language and fluent English; basic technical vocabulary in both languages.

Burckhardt Compression creates leading compression solutions for a sustainable energy future and the long-term success of its customers. The Group is the only global manufacturer that covers a full range of reciprocating compressor technologies and services. Since 1844 its passionate customer-oriented and solution-driven workforce has set the benchmark in the gas compression industry.


Required Experience:

IC


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Reciprocating Compressors - Compressor Services

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