Cyient is a global engineering and technology solutions company.As a Design, Build, and Maintain partner for leading organizations worldwide, we take solution ownership across the value chain to help clients focus on their core, innovate, and stay ah
Cyient is a global engineering and technology solutions company.As a Design, Build, and Maintain partner for leading organizations worldwide, we take solution ownership across the value chain to help clients focus on their core, innovate, and stay ahead of the curve. We leverage digital technologies, advanced analytics capabilities, and our domain knowledge and technical expertise, to solve complex business problems. With over 15,000 employees globally, we partner with clients to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Our industry focus includes aerospace and defence, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy. Job Description In this Role, you have the opportunity to As a Shouldcost Engineer. Optimized TCO (cost, quality, availability) are assured in product and business creation and through their full life cycle utilizing DFX. Drives early supplier involvement and identifies cost drivers to influence design decision making and achieve target costing Collaborate with Supplier Quality in the new supplier/component release process including compliance and sustainability aspects. Drive concept savings in new product development in close cooperation with Marketing, Quality, SCM and development Provides shouldcost assessments for newly proposed products. Drives the Supplier Selection Process together with the Commodity Teams Aligns needs with competitive landscape and technology roadmaps Up to date with developments in a major commodity market and the business context relevant to that market. Lead change Excellent Problem Solving Skills. Able to lead complex Cost Engineering and product introduction Projects Able to lead complex Cost Engineering activities, manage reporting of results of complex assignments to steering boards. You are Responsible For Evaluate supply base trends with respect to manufacturing systems and processes and act on the subsequent data to achieved measured results. Authoritative expert in the cost drivers Set up the right procurement set / supply chain processes for world class supply chain Stimulates significant impact on the bottom line of a Business. Improvements in total cost improvement in addition to BoM cost improvement. Understanding the principles of Value Engineering Cost calculations and cost reduction advice for individual components in assigned products. Participates in Cost down projects and manages reporting of results. Participates in project based Cost Engineering activities, manage reporting of results within the project teams Analyze and anticipate cost trends, develop and review cost forecasts, translate into implications for the business. KPIs include BOM savings, procurement strategy for new products, productivity ideas and drive these with different stakeholders. Supports all NPIs, new cost savings ideas and new procurement processes. To Succeed in this Role, you should have the following Skills and Experience: Bachelor’s degree in a relevant technical discipline is required, Master’s degree is preferred 8+ years consistent professional track record Experience in DfX, Value Engineering, LEAN or Six Sigma Experience in working across New Product Introduction Process Experience in initiating and driving cost down projects Knowledge of costing toolset (Should Costing, NPV, TCO) in projects Ability to think strategically and delivers results Understanding and ability to challenge blue prints and specifications Experience in international and multidisciplinary project teams is preferred An outstanding teammate who is both dedicated and cooperative easily gains trust and support of peers encourages collaboration and challenges constructively Ability to travel up to 10% of the time. Skills & Experience Component Development, Component Obsolescence, Supplier Sourcing, Teardown, Shouldcosting, Benchmarking Cyient is an Equal Opportunity Employer. Cyient recruits, employs, trains, compensates, and promotes regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, veteran status, and other protected status as required by applicable law. We are proud to be a diverse and inclusive company where our people can focus their whole self on solving problems that matter.
- Salary Range 50,000 to 60,000
- Salary payable Per Month