Cost Model Analyst

Job Overview

We are seeking a highly skilled Cost Modeling Analyst to join the Digital Data Networks Business Unit at TE Connectivity India Pvt. Ltd. In this role, you will be responsible for developing and maintaining robust cost models that support new product development and drive cost improvement initiatives. The ideal candidate will have a strong background in should-cost modeling, data analytics, and manufacturing cost estimation, with hands-on experience in key connector industry processes such as stamping, plating, molding, and assembly.

Required Skill & Responsibilities

Required Skills : 

B.Tech in Mechanical, Electrical, or Electronics Engineering.
8–12 years of experience in cost modeling and analysis, preferably in the connectors or electronics manufacturing industry
Proficiency in costing software (aPriori, TcPCM, Excel)
Strong understanding of manufacturing processes: stamping, molding, plating, and assembly.
Solid foundation in cost estimation methodologies, data analytics, and reporting.
Excellent analytical thinking, problem-solving, and communication skills.Proven ability to work in a collaborative, cross-functional environment.

Cost Modeling Development:
•    Develop and maintain should-cost models for connector and cable products using tools such as aPriori, TcPCM, and Excel.
•    Build cost structures that include direct materials, labor, overhead, and other relevant cost components.
•    Support design-to-cost and value engineering initiatives by providing cost insights during product development.
Data Analysis and Validation:
•    Analyze BOMs, supplier quotations, purchase history, and manufacturing process data to derive accurate cost estimates.
•    Validate cost model assumptions through back testing, sensitivity analysis, and expert reviews.
•    Ensure data integrity and consistency across cost modeling tools and reports.
Cost Optimization and Collaboration:
•    Identify cost drivers and recommend opportunities for cost reduction and efficiency improvements.
•    Collaborate with engineering, procurement, finance, and operations teams to align cost models with business goals.
•    Provide actionable insights to optimize product design and manufacturing processes.
Reporting and Communication:
•    Prepare and present cost analysis reports to stakeholders, highlighting key trends, risks, and recommendations.
•    Communicate complex cost modeling concepts to non-financial audiences in a clear and actionable manner.

Competencies