Join Xylem in the global mission to #LetsSolveWater! As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.
Sr. Should Cost Engineer – Casting
This role is pivotal in developing disruptive technology and business solutions, particularly in expanding Xylem's India Technology Center. Reporting to the Sr. Manager, Centre of Excellence Group in Vadodara, the candidate will lead cost engineering efforts for optimal costing and coordination of material purchasing globally. They will provide financial acumen in the target-setting costing process, ensuring competitive supplier pricing, and contribute to Xylem's Value Engineering Center of Excellence by analyzing component and product costs. Key Stakeholders/Interactions will be with Global Commodity Managers, New Product Development/R&D Leaders, and Global Suppliers to drive cost engineering efforts and ensure strategic collaboration.
Essential Duties/Principal Responsibilities:
• Must possess knowledge of various casting manufacturing processes like sand casting, Investment casting, HPDC, GDC & lost foam casting.
• Analyzing elements of Product Cost Structure including Material cost, process costs, direct labor, bill of materials, overhead, SG&A, Profit
• Understanding of commodity global Market trends & historical datasets for casting category
• Costing Systems & global database maintenance: Time to time updating of process parameters such as raw material prices, Machine hour rates, Labor rates, Cost Trends, Freight & Taxes
• Uses best industry techniques and practices to establish fact based pricing positions, best value determinations and economic sourcing strategies.
• Supporting global category and commodity managers in deriving negotiation strategies & actual price negotiations
• Actively support New product program via providing should cost information for meeting target cost & monitoring the commercial gap closure with buyers.
• Lead VAVE, teardown and benchmarking projects using directional and other costing methodologies. Analyze the design features & suggest design change or ideas for cost reduction.
• Developing high level estimates for tooling and negotiation with tooling vendor.
• Areas of expertise include understanding of design & drawings, GD&T, various manufacturing process, tools and their process parameters, cost drivers, Process capabilities & fact based negotiation techniques.
• Plan and facilitate design reviews and workshop; working within cross-functional teams. Exert a shaping influence & drive project execution
Minimum Qualifications:
• Bachelor’s degree in Mechanical Engineering/Production Engineering.
• 3-5 years of experience in supply chain and manufacturing process planning in casting commodities, or
• Master’s degree in Mechanical Engineering/Production Engineering.
• 2-3 years of experience in supply chain and manufacturing process planning in casting commodities.
Key Technical Skills and Knowledge:
• Knowledge of various manufacturing process like sand casting, Investment casting, HPDC, GDC etc.
• Ability to identify material used, manufacturing process, etc. • Costing analysis or design-to-cost experience a plus
• Global insights of commercial database for major manufacturing processes
• Problem-solving and data analytical skills.
• Cost Gap Analysis (Supplier quote vs should cost) and capable of handling supplier negotiations.
• Knowledge of international & industry standards.
• Component development as per PPAP/APQP
• Proficiency in Creo a plus
• Project / Program Management skills
• Value Engineering Certification (SAVE) a plus
• Costing analysis or design-to-cost experience Xylem - India Technology Center • Interpersonal and communication skills with the ability to effectively manage tasks/priorities.
• Effective communication in English is must.
• Microsoft office package – Excel and PowerPoint. – Experienced user.
This role requires effective management of tasks and priorities along with strong problem-solving and analytical skills. Effective communication in English is essential.
Xylem is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of diversity, equity and inclusion in driving innovation and allowing us to compete more effectively around the world.