Job Title
Lead Cost Engineer.Job Category
EngineeringJob Description
Key Responsibilities
- Lead, mentor, and develop a team of Cost Engineers.
- Create and manage Should-Cost and Total Cost of Ownership (TCO) models.
- Analyze supplier cost structures and support fact-based negotiations.
- Conduct product cost breakdown and competitive cost analysis.
- Review engineering drawings, BOMs, and manufacturing processes to identify cost drivers.
- Support Make vs. Buy decisions and New Product Development (NPD) programs.
- Partner with Engineering, Sourcing, Procurement, and Product Development teams globally.
Required Skills & Experience
- 5+ years of experience in Cost Engineering, Manufacturing, Supply Chain, or Engineering Operations.
- Strong understanding of product costing, cost modeling, and supplier cost analysis.
- Ability to interpret engineering drawings and manufacturing processes.
- Excellent analytical, negotiation, and stakeholder management skills.
- Prior team leadership or supervisory experience preferred.
Preferred Qualifications
- Experience in Should-Cost Modeling, TCO analysis, and strategic sourcing.
- Strong financial and statistical analysis capabilities.
- 2+ years of people management experience preferred.
Job Type
PermanentTime Type
Full timeWork Hours
42.5Travel Required
Location
HY India PuneAddress
2nd Floor, 45 Icon, Building A, Baner Road, BanerPost Code
411045Field-Based
NoRelocation Assistance Available
NoSkills Required
- 5+ years of experience in Cost Engineering, Manufacturing, Supply Chain, or Engineering Operations.
- Strong understanding of product costing, cost modeling, and supplier cost analysis.
- Ability to interpret engineering drawings and manufacturing processes.
- Excellent analytical, negotiation, and stakeholder management skills.
- Prior team leadership or supervisory experience.
- Experience in Should-Cost Modeling, TCO analysis, and strategic sourcing.
- Strong financial and statistical analysis capabilities.
- 2+ years of people management experience.
Hyster 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
