Electrical and Electronics Should Cost Engineer
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Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Job Description Summary
We are looking for a highly analytical and technically proficient Should Costing Engineer with a strong foundation in electrical and electronics engineering and manufacturing processes. This role is critical in supporting design-to-cost initiatives by working closely with product engineering teams to influence cost-effective design decisions early in the development cycle. The ideal candidate will have deep knowledge of electrical and electronics components such as transformers reactors breakers switches and electronic modules and will be responsible for building accurate cost models based on engineering and manufacturing insights.Job Description
Key Responsibilities:
Collaborate with sourcing and engineering teams to support design-to-cost strategies during product development.
Analyze engineering drawings schematics and specifications to understand design intent and cost drivers.
Develop detailed cost models for electrical and electronics components including:
- Transformers
- Reactors
- Breakers
- Switches
- Electronic modules
Provide cost feedback and recommendations to optimize designs for manufacturability and cost efficiency.
Maintain cost benchmarks and databases for various manufacturing processes and materials.
Engage with sourcing and procurement teams to validate supplier quotes and support cost negotiations.
Participate in supplier discussions to ensure transparency and alignment on cost structures.
Prepare and present cost analysis reports to cross-functional stakeholders.
Maintain BOM cost records: Track and report product cost changes due to Commodity price movements Supplier cost updates Engineering design changes
Collaborate with Sourcing and Engineering to track costout ideas and savings realization. Identify and report delays risks or gaps against cost targets
Required Skills & Qualifications:
Bachelors degree in Electrical Engineering Electronics Engineering or related field.
8 years of experience in should costing cost engineering or product cost management.
Strong understanding of electrical and electronics design principles and manufacturing processes.
Proven experience in design-to-cost or value engineering initiatives.
Advanced proficiency in Microsoft Excel (formulas pivot tables data analysis).
Ability to interpret engineering drawings and schematics.
Experience in supplier engagement and cost breakdown validation.
Excellent analytical communication and interpersonal skills.
Preferred Qualifications:
Exposure to global sourcing and supplier markets.
Familiarity with cost estimation tools (e.g. aPriori) and ERP systems.
Experience working in cross-functional teams (engineering sourcing quality finance).
Additional Information
Relocation Assistance Provided: Yes
Required Experience:
IC
Key Skills
- Embedded Software
- Electrical Engineering
- System Design
- Firmware
- C/C++
- LabView
- PCB
- Sensors
- Signal Processing
- Matlab
- Fpga
- Assembly
About Company
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