Job Title
Cost Engineering AssociateJob Category
EngineeringJob Description
As a Cost Engineer Electronics specialist, you are responsible for creating price calculations and technical preparation of quotations for electronic components such as
Wire Harness, battery packs, battery management systems, PCB’s, high voltage systems, electric motors etc.
You lead project cost estimations in the early innovation stage, providing crucial projections for informed decision-making. You drive sourcing activities for design-to-cost projects, ensuring cost-effectiveness and efficiency. Furthermore, you identify and lead Value Added/Value Engineering initiatives to optimize project costs. You contribute actively to negotiations with suppliers. You take the lead in cost audits to ensure accuracy and transparency.
You check the technical feasibility and determines the optimal one editing methodology. You report directly to the lead Cost Engineering.
Tasks & Responsibilities:
In this role you will develop concrete product improvements within our value engineering approach and target costing projects, and you’ll contribute to creating innovative product ideas.
• You are responsible for cost price calculation as a target for operations and purchasing for electronic components.
• You initiate and support cost saving opportunities on electronics commodity.
• You assess the customer specifications for completeness and feasibility;
• You communicate with internal operations, purchasing, suppliers and account teams.
• You determine the optimal assembly and processing strategy and coordinate it with the operation.
• You are responsible for the technical substantiation of a cost price calculation and associated reports for electronics commodity
Job Type
PermanentTime Type
Full timeWork Hours
42.5Travel Required
NoLocation
HY India PuneAddress
2nd Floor, 45 Icon, Building A, Baner Road, BanerPost Code
411045Field-Based
NoRelocation Assistance Available
NoHyster Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Hyster and has not been reviewed or approved by Hyster.
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Healthcare Strength — Core medical, dental, and vision coverage, plus onsite clinics at some locations, indicate strong healthcare provision. Wellness, counseling, and total health programs are also emphasized.
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Retirement Support — A 401(k) plan with company contributions and profit sharing supports long‑term savings. Retirement elements are part of the standard U.S. package for corporate and plant roles.
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Fair & Transparent Compensation — Base pay is often competitive for local manufacturing roles, with overtime opportunities boosting total earnings in production. Company materials highlight equitable compensation principles and periodic program reviews.
Hyster Insights
What We Do
Hyster® is a leader in materials handling, providing versatile and dependable lift truck solutions for robotics, telematics, electrification, parts, fleet management and forklift operator training that are specific for your industrial application. We manufacture a full line of electric, diesel and LPG forklifts – from warehouse models to high capacity and heavy duty container handlers – that are engineered to move products efficiently and elevate the productivity of your operation
