Product Cost Management Engineer

3 weeks ago


Bengaluru, Karnataka, India Actalent Full time

Description:


• The Product Cost Leader oversees Product Cost Calculation for new offers, From Launching to Mature year of production.


• During new offer development project, ensures that the product cost forecast assumptions and input from architect, design, industrial team, purchasing, plants, hourly rates, supply chain, are properly compiled, accurately consolidated, and strongly challenged during all phases of the OCP process to reach Product Cost Target from marketing.


• Position in the project as an Expert and as Leader function

Skills:

Product costing, project management

Top Skills Details:

Product costing,project management

Additional Skills & Qualifications:


• Calculate the detailed cost of a new product as per Schneider Electric Methodology


• Make sure that cost evaluation of a new product is shared and accepted by the manufacturing plant


• follow up and update costs during project stage gates


• Compares different techno-industrial solutions and find out the best through ROI calculation


• Collect data from all Schneider electric sources ( Purchase, Finances, Mfg. Plants, Logistics, etc. ) including France and other countries and consolidate them.


• Brings challenges for cost reduction by fixing aggressive but achievable targets


• Perform value analysis on existing products and set targets to achieve productivity


• Estimates cost for parts of products localization of rebalancing

Highlights

1. 4 to 6 Years of Experience in Product Costing or in Project Management

2. Preferably BE / B Tech ( Mechanical / Industrialization )

3. Specialist in MS EXCEL and PPT ( Need )

4. Strong in Analytical Skills

PC software literacy


• Specialist in MS EXCEL and PPT ( Need )


• Power Query and VBA basic (Nice to have)


• SAP Basic (optional).


Language:


• Fluent in English

Background:


• Knowledge on Engineering / Industrial


• Purchasing & Finance Literacy

Experience Level:

4-6 Years

Diversity, Equity & Inclusion

At Actalent, diversity and inclusion are a bridge towards the equity and success of our people. DE&I is embedded into our culture through:

  • Hiring diverse talent
  • Maintaining an inclusive environment through persistent self-reflection
  • Building a culture of care, engagement, and recognition with clear outcomes
  • Ensuring growth opportunities for our people

Actalent is an equal opportunity employer.

About Actalent

Actalent is a global leader in engineering and sciences services. For more than 40 years, we've helped visionary companies advance their goals. Headquartered in the United States, our teams span 150 offices across North America, EMEA, and APAC—with four delivery centers in India led by 1,000+ extraordinary employees who connect their passion with purpose every day.

Our Bangalore, Hyderabad, Pune, and Chennai delivery centers are hubs of engineering expertise, with core capabilities in mechanical and electrical engineering, systems and software, and manufacturing engineering. Our teams deliver work across multiple industries including transportation, consumer and industrial products, and life sciences. We serve more than 4,500 clients, including many Fortune 500 brands. Learn more about how we can work together at



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