Should Cost Engineer (Electronics)

Eaton Corporation

  • Pune, Maharashtra
Should Cost Engineer (Electronics)
Job Posted : May 19th, 2022

Job Description

  • Subject matter expert in should costing of Electronics Parts like PCB & PCBA
  • Good knowledge of Manufacturing process of Electronics components & Manufacturing process
  • Should have knowledge of costing of Plastic, Stamping, Machining & casting parts.
  • Build part and product costing models using internal and external sources of information to support Electronics category goals
  • Be the single point of contact for Commodity leaders to drive Total Cost of Ownership of Electronics products.
  • Act as a Subject matter expert and validate cost estimates based on experience and ensure first time right.
  • Have close coordination with technology, manufacturing, sourcing, product management and suppliers
  • Build the category Strategy roadmap & plan of action to maximize cost outs
  • Establish & maintain a strong knowledge management database which can be leveraged for Sourcing decisions.
  • Supporting to bridge the gaps between the Commodity leads and the teams and drive as one team.
  • Drive the Supplier Negotiations to support Category managers and successfully realize the savings.
  • Shall be responsible for cost out conversion using the Should cost tool and also shall be responsible for ideating many VAVE ideas and getting cost out on the same too.
  • Ensure regular governance with the stakeholders to identify the gap and provide support to ensure that the opportunities identified are realized into savings
  • Should be strong in Data analytics skill to get meaningful decisions made out of numbers
  • Manage at a project level, initiatives requiring multiple cost inputs
  • Work collaboratly and be able to communicate effectively globally
  • Ensure projects meet their financial & operational goals (KPIs) viz cost out, cost avoidance, productivity gain and on time & accurate deliveries.
  • Establish robust capability monitoring mechanism for all the critical process and product parameters.
  • Partner with Engineering for should cost analysis on NPI & VAVE Projects Also, lead various initiatives in initiating VAVE ideas by the team to be submitted till approval and implementation
  • Drive digital tools & customize digital platforms to enhance productivity.
  • Good exposure to data analytics, process automations, macros, etc.
  • Should increase category coverage to manage Eaton’s Top Spend

Qualification And Experience:-

  • Education level required
  • Bachelor’s in Electronics/Electrical Engineering OR Masters
  • BE with 6-10 years of experience OR Masters with 7-9 years of experience in Manufacturing Industry.

Technical knowledge:-

  • Should cost experience of minimum 3-6 years

Soft skills:-

  • Good communication and networking skills
  • Problem solving skills
  • A strong work ethic, motivation to succeed and the ability to influence


  • Pune, Maharashtra.

Company Overview:-

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries.