Cost Engineer
Indexed description
Essential Functions and Activities:
- Initiate, analyze and drive Design-to-Cost trackers for NPD projects.
- Perform should-cost modelling for fabricated components.
- Make similar-to estimates for new component designs based on library of existing components.
- Perform labor-time studies and establish standard times for new installations.
- Perform Value Analysis / Value Engineering (VAVE) activities to generate cost reduction ideas through identification of process and product efficiencies that will reduce overall costs.
- Establish cost tracking and analysis for costed BOMs outside and inside ERP systems.
- Support Procurement in analysis and review of supplier cost breakdowns to drive cost reduction opportunities through negotiations with suppliers.
- Support competitive vehicle benchmarking to provide input for future model development and target costs.
- Perform analysis on best manufacturing approach for new components based on material, volume etc.
- Identify cost reduction opportunities.
- All other duties as assigned.
- Demonstrated experience interpreting engineering drawings into should-cost modelling tools
- Demonstrated systems experience: Excel, JD Edwards (or equivalent), CAD, PDM
- Practical knowledge of Value Analysis / Value Engineering (VAVE) techniques and strong financial awareness
- Minimum associate’s degree in engineering or supply chain with background in manufacturing, Bachelors preferred
- Medical, Dental, Vision, 401(k)
- Company paid life insurance
- 10 company paid holidays
- Vacation and personal time
Create a free Caio profile to unlock more results and save your role and location preferences.
Unlock free search