Cost Engineer

We are seeking a Cost Engineer to join our client (global leader in the automotive industry) and support product cost analysis, supplier evaluations, and value engineering initiatives.

This role will work cross-functionally with engineering, purchasing, and suppliers to evaluate manufacturing costs, develop should-cost models, and identify cost optimization opportunities throughout the product development lifecycle.

• Evaluate product designs for manufacturability and cost competitiveness.
• Develop and maintain piece cost and investment should-cost models using aPriori and other cost modeling tools.
• Support RFQ activities by analyzing supplier quotations and validating manufacturing costs.
• Perform cost analysis to support supplier negotiations and sourcing decisions.
• Track cost impacts resulting from engineering design changes.
• Identify value analysis/value engineering (VA/VE) opportunities and recommend cost reduction initiatives.
• Maintain cost tracking tools, reporting dashboards, and cost databases.
• Collaborate with engineering and purchasing teams to ensure product cost targets are achieved.
• Analyze engineering specifications, CAD models, BOMs, supplier quotations, project timing, and cost targets to provide accurate cost assessments.

• 3+ years of experience in cost engineering, manufacturing engineering, product costing, or a related field.
• Bachelor's degree in Engineering, Manufacturing, Supply Chain, or a related technical field (or equivalent experience).
• Strong understanding of manufacturing processes, including:
  Injection molding, Metal stamping and fabrication, Thermoforming, and Assembly processes
• Experience developing should-cost models and performing manufacturing cost analysis.
• Strong analytical skills with advanced proficiency in Microsoft Excel.
• Excellent communication and collaboration skills with cross-functional teams.

• Microsoft Excel
• Microsoft Power Point
• aPriori
• CAD Viewer (CATIA V6 or equivalent)

• Experience in the automotive industry.
• Familiarity with supplier cost evaluations and RFQ processes.
• Experience supporting sourcing decisions and supplier negotiations.
• Knowledge of value engineering (VA/VE) methodologies.

Raymond, OH (Hybrid – Approximately 4 days/week)

June 2026 – March 2027 (Potential for Extension)