Knowledge Analyst - Product Development (Electronics)

McKinsey & Company


Date: 11 hours ago
City: Chennai, Tamil Nadu
Contract type: Full time
Who You'll Work With

Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.

In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues—at all levels—will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you'll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won’t find anywhere else.

When you join us, you will have:

  • Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
  • A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
  • Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
  • World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.

Your Impact

You will be spending ~60-80 % of your time working onsite as part of consulting teams helping solve complex client problems in product development domain. This work includes and is not limited to rationalizing product design based on competitive teardown analysis and customer insights, helping client teams estimate product should cost based on zero base costing and hence design an optimized cost product. You will also work on new product development areas, reducing new product development time, rationalizing cost and quality attributes, carrying out surveys to understand improvement aspects of the organization to support efficient and effective product development, thereof building a sustainable R&D organization for our clients.

The remainder of the time will be spent on developing cutting-edge knowledge related to the Product Development (PD) domain and in delivering specialized remote services to clients.

You will focus on Product development & design in the Consumer Electronics space, bringing together your experience and expertise on topics such as product cost optimization, with emphasis on design optimization, identifying cost reduction opportunities at a system/component level, develop zero base cost models, propose modular solutions among others. You will also be expected to work on the product value chain to deliver end-to-end solutions for our clients.

You will also support development and maintenance of various practice knowledge initiatives by way of building McKinsey's knowledge on product development related topics. This is a cross- geography, cross-industry role and would work well for those who truly envision themselves growing into subject matter experts within the product development domain. This role entails extensive travel within and outside India to bring distinctive impact to our clients across the globe.

Your Qualifications and Skills

  • Bachelor’s degree in electronics, electrical, mechatronics, or a related field from a Tier 1 technology institute with a strong academic record; a postgraduate degree with a specialization in operations or related fields is a plus
  • 2 to 5 years of experience in electronics design (R&D), strategic sourcing, or supplier development within an electronics design house, consumer electronics, or home appliances company
  • Proven expertise in PCBA schematic/design, system architecture, component selection, testing, and development
  • Hands-on experience in design-led cost optimization, including material/specification changes, product design/architecture modifications, and other product value chain levers
  • Awareness of the latest industry trends and innovations, particularly in value enhancement and cost improvement
  • Exceptional problem-solving skills, with the ability to break down complex issues, identify root causes, and recommend practical solutions
  • Strong analytical capabilities, including the ability to conduct relevant analyses, gather critical information, and make logical assumptions when required
  • Ability to work collaboratively in a team environment and interact effectively with colleagues and clients at all levels
  • Flexibility and adaptability to thrive in dynamic, fast-paced, and unstructured environments, where priorities evolve constantly and methodologies are regularly challenged
  • Exhibit self-motivation and highly service-orientated work ethic
  • Excellent written and verbal communication skills in English, with the ability to convey complex ideas clearly and concisely

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