Should Cost Engineer- Medical Devices

Should Cost Engineer- Medical Devices

Should Cost Engineer- Medical Devices

Should Cost Engineer- Medical Devices

url to apply-


Pune, India

8-11 Years

 Not Specified

Job Description

Job Description :
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 & ExperienceAlternative Sourcing, Benchmark Analysis, Benchmarking, Competitor Analysis, Global Sourcing, International Sourcing, ISO 13485:2003- Quality in Medical Devices, Qualification Development, Qualification Testing, Supplier Evaluations, Supplier Qualification, Supplier Sourcing, Teardown, Shouldcosting, Benchmarking, • Working experience in both Assay and Medical devices • Would have working experience in IVD industries
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.



Job Details


IT/Computers - Software




Software Engineer/ Programmer


Alternative Sourcing Benchmark Analysis Benchmarking Competitor Analysis Global Sourcing International Sourcing Qualification Development Qualification Testing Supplier Evaluations Supplier Qualification supplier sourcing Teardown Shouldcosting Benchmarking