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Should Costing Engineer

Job in Foster City, San Mateo County, California, 94420, USA
Listing for: Katalyst-Healthcares-
Full Time position
Listed on 2026-10-18
Job specializations:
  • Engineering
    Manufacturing Engineer, Product Engineer, Mechanical Engineer
Salary/Wage Range or Industry Benchmark: 120000 - 160000 USD Yearly USD 120000.00 160000.00 YEAR
Job Description & How to Apply Below
Roles & Responsibilities :
  • Provide guidance to Designers/Design Engineers for proposed new or modified designs to achieve required function at minimum cost.
  • Apply Design for Assembly (DFA) and Design for Manufacturing (DFM) tools to analyze proposed new designs and propose potential improvements.
  • Work with engineering on a Design to Target approach in early product development planning.
  • Develop cost targets for mechanical engine parts (Castings, Stamped Parts, Extrusions, and Injection Moulded) based on information ranging from sample parts, CAD models, and engineering drawings.
  • Develop cost targets for electrical engine parts (Harness, PCB, PCB Assemblies, DC Motors, Batteries) based on information ranging from schematics, CAD models, and engineering drawings.
  • Provide should-cost analysis reports to the procurement team for supplier negotiation purposes.
  • Conduct competitive benchmarking/teardown analysis and develop should-cost models.
  • Participate in Value Analysis (VA) and Value Engineering (VE) activities and generate cost reduction ideas on current production products.
  • Present project cost updates along with risks and opportunities to higher management monthly.
  • Be a resource of cost information on assigned projects for the entire organization, including upper management, marketing, sales, engineering, financial, and manufacturing.
  • Provide the organization with monthly cost reports and cost tracking of current products.
Education & Experience:
  • Bachelor's degree in mechanical, Manufacturing, Industrial, or Electrical Engineering.
  • 7–10 years of industry experience.
  • Proficient in BDI (Boothroyd Dewhurst Inc.), A-priori, or related costing software.
  • Ability to read and understand manufacturing drawings.
  • Working knowledge of a Bill of Material (BOM), its development, and application.
  • Practical knowledge of VA/VE techniques and strong financial awareness.
  • Functional understanding of 3D CAD software (Creo Preferred).
  • In-depth knowledge of manufacturing processes including Casting, Stamping, Injection Moulding, Extrusion, and PCBA, and compatible materials.
  • Lean Six Sigma Green Belt preferred.
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