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Costing Engineer /VAVE Engineer -Sheet metal/Plastics @ HCLTech

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 Costing Engineer /VAVE Engineer -Sheet metal/Plastics

Job Description

Role: Costing Engineer / VAVE Engineer

Qualification: Diploma / B.E. / B. Tech Mechanical

Total Experience: 1-8 Years

Requirement Date: Immediately to 30 days


Key Skills:

  • Sheet metal, plastic injection moulding, die casting, machining, aPriori, TcPCM, Excel-based templates, VAVE & Benchmarking, MS Office.

Key Purpose of the Job:

  • We are seeking a skilled Mechanical Should Costing Engineer to develop and manage cost models for mechanical components. The ideal candidate will have hands-on experience in manufacturing processes and cost estimation, with a strong ability to collaborate across engineering, sourcing, and supplier teams.

Roles and Responsibilities

  • Domain Knowledge: Telecom-Networking / Semiconductor/ Consumer Electronics, High volume manufacturing/ Automotive/ Heavy Engineering etc.
  • 1 to 8 years of experience in mechanical costing, manufacturing engineering, or supplier development.
  • Experience in product development, cost modeling, and supplier engagement.
  • Creating detailed should cost models for mechanical commodities including sheet metal, plastic, die-casting, and machined parts.
  • Analyze CAD models and BOMs to extract dimensional data and material specifications using tools like Creo and SolidWorks
  • Estimate material costs, primary and secondary process costs, and overheads for each component.
  • Identify and describe optimized manufacturing processes such as blanking, piercing, embossing, bending, machining, powder coating, anodizing, welding, and inspection.
  • Collaborate with commodity managers and purchasing teams to support supplier negotiations and cost gap analysis.
  • Participate in VAVE (Value Analysis/Value Engineering) and benchmarking exercises to identify cost-saving opportunities.
  • Document and present cost breakdowns including raw material, labor, machine hour rate (MHR), setter cost, profit margins, and inventory carrying costs
  • Support design optimization efforts by evaluating alternative materials and manufacturing methods (e.g., switching from aluminum to sheet metal for cost efficiency)

interested candidates, apply here or share your profile to ve*******p@hc****h.com with below details

Current CTC/Expected CTC/Notice period


Job Classification

Industry: IT Services & Consulting
Functional Area / Department: Production, Manufacturing & Engineering
Role Category: Engineering
Role: Product Engineer
Employement Type: Full time

Contact Details:

Company: HCLTech
Location(s): Chennai

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Keyskills:   Product Costing VAVE Should Costing Injection Moulding Sheet Metal TcPCM Benchmarking Plastic Cost Estimation Apriori

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₹ 6-13 Lacs P.A

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HCLTech

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