Should Costing Engineer - Electronics

Job description

This role involves leading cost engineering activities, developing detailed should-cost models, and driving value engineering initiatives across electronic components, PCB manufacturing, and EMS processes. The individual will collaborate with cross-functional and global teams to identify cost optimization opportunities, support localization strategies, and influence sourcing and business decisions through data-driven insights. The role also includes mentoring team members, managing stakeholder communication, and leading cost reduction and productivity initiatives. EDUCATION: Bachelor’s Degree / Diploma in Electronics Engineering or related technical discipline YEARS OF EXPERIENCE: 8 to 10 yrs. Minimum 3–4 years in Electrical / Electronics / Switchgear / EMS industry LOCATION: Bangalore ROLES AND RESPONSIBILITIES: • Ability to Interpret schematics, drawings, and specifications to understand product requirements • Perform teardown analysis and develop detailed BOMs for electronic products • Build should-cost models for PCBs, components, and box-build assemblies and find low cost BOM alternates • Estimate costs for materials, fabrication, assembly, testing, and overheads • Validate cost estimates across geographies and suppliers • Identify cost drivers and support target costing initiatives • Conduct competitive benchmarking for electronic products and assemblies • Analyze PCB manufacturing, EMS processes, and component selection • Lead cost estimation projects, VAVE initiatives, and support NPIs • Collaborate with global teams on localization, sourcing, and cost optimization initiatives. SKILLS / COMPETENCE: • Strong expertise in should-cost estimation and benchmarking for electronics • Good knowledge of PCB manufacturing, assembly processes, and EMS environments • Understanding of electronic components and basic circuit design principles • Experience in box-build assemblies and end-to-end product costing • Proficiency in developing Excel-based models • Strong understanding of product cost structures and key cost drivers • Experience in value engineering (VAVE) and cost productivity initiatives • Ability to develop detailed cost models, reports, and insights • Strong communication, presentation, and stakeholder influencing skills • Ability to collaborate across cultures and drive decisions using data-driven insights • Knowledge of logistics, supply chain operations, and localization strategies • Experience with digital cost platforms and sustainability-driven cost optimization