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Cost Engineer
1 week ago
Responsibilities:
- Apply product development experience to support the customer Cost planning group with estimating the cost for new technology and cost down ideas for new platform development projects.
- Lead the cost activity for the systems and sub-systems assigned by collaborating between purchasing and design groups to ensure cost /investment targets are met.
- Schedule and conduct cost verification and evaluation meetings
- Able to analyze and understand supplier quotes and design specifications of the parts
- Create, maintain and track cost reduction ideas (VA) and ensure implementation.
- Continuous update and track cost and investment and analyze the changes. Ensure commonality between models/trims
- Generate cost and investment roll up reports
- Lead and support the engineering activities for large scale product development programs by investigating feasibility, performing design using 3-D modeling software, conduct layout review and 2D drawing creation as needed.
- Analyze and resolve complex problems with moderate to minimal guidance.
- Use best practices and knowledge of internal or external business issues to improve product and/or processes.
- Search new ways to increase overall efficiency, utilize up-to-date technology, and reduce design and parts costs.
- Travel to client sites required.
Requirements:
- Minimum Bachelor’s degree and 5+ years industry experience developing automotive systems - Electrical systems preferred
- Education with the following specialties preferred: Mechanical, Electrical, Mechanical Technology, Aerospace, Automotive, Manufacturing.
- Experience in ECU (Electronic Control Unit) is preferred
- Experience managing both technical requirements and cost targets through out the development.
- Experience using 3-D modeling software tools (CATIA V5 or V6) is good to have.
- Good understanding of DFM (Design for Manufacturing) for various electrical parts and cost implications.
- Project management experience managing projects, schedules, budgets and deliverables.
- Experience in cost reduction (VA) /benchmarking activities
- Experience in costing software like aPriori is a plus.
- The ability to work effectively in a cross functional group setting, including essential technical guidance to support Senior Management
- Strong written and verbal communication skills.
- Proficiency in MS office.
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