- Posted a month ago
- Over 50 applicants have applied
Job Description
JOB PURPOSE
This role will involve analyzing existing products, identifying cost-saving opportunities, enhancing performance, and ensuring compliance with industry standards while maintaining product quality and functionality. The engineer will work cross-functionally with design, manufacturing, procurement, and quality teams to implement innovative cost-reduction strategies.
KEY RESPONSIBILITIES
P roduct development & VA/VE
- Lead value engineering initiatives in consumer lighting products to optimize cost, material efficiency, and performance.
- Use simulation tools for design validation and use the same for design optimization .
- Analyze product designs and identify opportunities to reduce costs through design modifications, material substitutions, and process improvements.
- Collaborate with cross-functional teams, including design, manufacturing, supply chain, and quality, to implement cost-effective solutions without compromising performance and compliance.
- Conduct benchmarking of competitive products and industry trends to identify potential cost-saving techniques.
- Utilize Design for Manufacturing (DFM) and Design for Assembly (DFA) principles to improve manufacturability and assembly efficiency.
- Work closely with suppliers to explore alternative materials and components that offer better cost-effectiveness.
- Develop and validate prototypes to test design changes for cost optimization.
- Ensure all modifications meet regulatory and industry standards (UL, CE, RoHS, etc.).
- Document engineering changes and maintain records of value engineering projects.
- Provide technical expertise in cost analysis, feasibility studies, and risk assessments for proposed design modifications.
- Support continuous improvement initiatives and drive innovation in product design and development.
More Info
Key Skills
About Company
Bajaj Electricals Limited is a globally renowned Indian Consumer Appliances and Lighting Solutions company (its Power Transmission and Distribution projects business has been demerged to form Bajel Projects Limited). Headquartered in Mumbai with a turnover of INR 4641 crores (FY 23-24), it is a part of the $100 bn multinational conglomerate Bajaj Group founded by Shri Jamnalal Bajaj. The Company was established in 1938 and has stood the test for almost 85 years. It continues to enjoy consumer trust across various sectors it operates in and remains at the forefront of developing modern, technologically superior and aesthetic products and solutions.
Bajaj Electricals’ business portfolio spans Consumer Products (Appliances, Fans, Cookware) and Lighting Solutions (Consumer and Professional Lighting). They are a front runner in the industry with their key brand offerings comprising BAJAJ, Nirlep, Morphy Richards and Nex. They have an expansive network of 18 branch offices, 660+ distributors, and 2 lakh retail outlets across India, combined with over 620 consumer care centres reaching 19,000 pin codes, fortifying their dominant presence in the consumer products sector. Under their Lighting Solutions business, they offer a wide range of innovative LED lamps and fixtures, including panels and battens, to consumers and are known for their prowess