Cost Optimization Engineer

7 days ago


Fort Mill, South Carolina, United States Schaeffler Group Full time

About Schaeffler Group

Schaeffler Group is a leading global technology company that has achieved success through its entrepreneurial spirit and long history of private ownership. As a partner to major automobile manufacturers, aerospace, and industrial sectors, we offer numerous development opportunities.

Your Key Responsibilities

  • Develop and execute cost optimization strategies for products and tools across supply chain processes in collaboration with sales and purchasing teams.
  • Create detailed cost breakdowns for products and tools, and provide support with cost analyses and customer visits.
  • Conduct cost analyses within RFQ processes and provide systematic cost optimization recommendations for products.
  • Drive supply chain-specific value and cost optimization programs, both internally and with suppliers.
  • Prepare and deliver training sessions, and provide active support, such as cost structure analyses and design-to-cost workshops.
  • Perform cost engineering and cost value analyses.
  • Collaborate in interdisciplinary and international teams.
  • Evaluate, calculate, and validate the purchase costs of purchased parts, including resources required for production.
  • Develop, identify, and implement cost reduction measures with a focus on technologies according to commodity allocation.
  • Participate in target pricing during the project and development phase.
  • Support buyers in cost negotiations with suppliers.
  • Support decision-making and awarding processes in purchasing.
  • Conduct benchmark analyses.
  • Plan, prepare, and implement cost workshops with suppliers.
  • Develop knowledge and further develop calculation tools.

About You

  • Bachelor's Degree in a related field.
  • Authorized to work in the US without employment VISA or other sponsorship.

Our Commitment

We value diversity and inclusion, and we believe that appreciating our differences inspires creativity and drives innovation. This approach contributes to sustainable value creation for our stakeholders and society as a whole. Together, we advance how the world moves.

We offer exciting assignments and outstanding development opportunities because we impact the future with innovation. We look forward to your application.

Our Commitment to Equality

Schaeffler Group is an equal employment opportunity/affirmative action employer. All qualified candidates will receive equal employment opportunities and consideration for employment without regard to unlawful consideration of race, color, sex, sexual orientation, gender identity, age, religion, national origin, disability, protected veteran status, or any other status protected by applicable law.

Job Details

Job Type: Engineer

Job Family: Supply Chain Management

Contract Type: Unlimited

Schedule: Full-Time



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