Knowledge Analyst – Product Development, Auto

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 would spend a significant part (~70% to 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 clean sheet costing (and hence design a low cost product), working on new product development arena reducing new product development time, cost and quality attributes, carrying on survey to understand improvement aspects of the organization to support an efficient and effective product development and improving thereof to build a sustainable capability for the R&D organization for clients, etc.

The remaining time (~20% to 30%) 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 across industries.

You will be expected to work on various product development engagements, provide expert client service by way of product teardown analysis, supplier development recommendations, clean sheet costing, cost saving ideas/lever identification.

You will also be required to support development and maintenance of various practice knowledge initiatives (build Firm’s knowledge on product development related topics).

This is a global role (cross geography, cross industry) and would work well for those who truly envision themselves growing into ‘experts’ within the PD domain.

You will be based out of either Chennai or Gurugram, as part of Product Development Center of Competence (PD CoC) – Asia DtV Lab, a group of expert consultants with domain expertise in topics related to product development.

The team supports several dimensions of Product Development and Procurement (PDP) topics, like product development diagnostics for assessment of improvement opportunity, margin transformation support through product redesign and implementation of relevant solutions & frameworks, R&D process re-design for better time to market and cost of design, and reducing complexity by adopting modular product designs.

Your Qualifications and Skills

• 1 to 4 years of experience in parts or systems development in Engineering (R&D, Purchasing (vendor development) or development quality functions at Automotive OEM or Tier 1 (systems suppliers)
• Engineering degree (Mechanical, Automobile, Electrical, Production, Electronics). In addition to an Engineering degree, an MBA from a reputed B-School with specialization in Operations will be an added advantage
• Deep understanding of the foundations of product development and design and must demonstrate a strong business sense
• Hands-on experience in driving design led cost optimization exercises, leveraging material/specification change, product design/architecture changes, layout optimization, factor of safety optimization and other product value chain levers
• Knowledge of the manufacturing process of the product (OEM/Tier1/Tier 2)
• Knowledge of the latest industry trends / innovations from value enhancement and cost improvement perspective
• Knowledge / experience on product and process costing along with generating meaningful insights from design optimization exercises
• Excellent problem-solving skills, including the ability to disaggregate issues, identify root causes and recommend solutions
• Excellent analytical skills and ability to understand the relevant analysis required to prove a hypothesis and ability to gather information around it and make informed/logical assumptions where required
• Good written and verbal communication skills. Fluent in both written and spoken English; prior experience in a multi-national environment is desirable
• Ability to work collaboratively in a team environment, interact effectively with members from all levels in McKinsey and client organizations, with strong communication skills
• Flexibility, patience and understanding of fluid, demanding, and unstructured environments, where priorities evolve constantly, and methodologies are regularly challenged