Calculates bottom-up costs of future and series parts based on technical specifications, engineering design proposal, Siemens NX 3D modeling, or part teardowns.
Considers materials, manufacturing process, labor, variable and fixed costs according to both global and regional inputs within aggregate specific guidelines.
Calculates part cost targets in New Product Development and acts as consultant to Engineering for design to target.
Supports Procurement with strategy and supplier negotiation by analyzing price breakdowns, bill of materials and cost structures from suppliers to support gap analysis.
Supports or leads specific commodities in the Lead Cost Engineering global platform.
Proposes cost avoidance and cost down measures for design, material, production process.
Present cost saving initiatives to upper management, commodity teams and suppliers.
Estimates and evaluates part tooling cost based on business case.
Conducts product benchmarking, evaluates alternative technologies, analyzes processes at suppliers and leads cost down workshops.
Represent Cost Engineering in cross functional project teams, supports supplier onsite assessments (OSA).

Bachelors in Engineering, supply chain management, or operations management or related field or 6 years of relevant experience in lieu of degree
1-2 years of experience working with technical designs or commercial negotiations or related field
Willingness to travel occasionally to support global workshops, supplier negotiations and OSAs is required
Passionate about manufacturing technology and enjoys continuously learning
Microsoft Office skills (Word/excel/Powerpoint) are required
Experience with procurement negotiation and value analysis.

annual bonus program
401k company contribution with company match up to 6 % as well as non-elective company contribution of 3
7% depending on age
starting at 4 weeks paid vacation
15 calendar holidays
8 weeks paid parental leave
employee assistance program
comprehensive healthcare plans and wellness programs
onsite fitness (at some locations)
tuition assistance and volunteer paid time off
short-term and long-term disability plans

Cost Engineering Analyst II

Key skills