Cost Engineering Analyst III

Responsibilities

• Calculates bottom‑up costs of future and series parts based on technical specifications, engineering design proposal, 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
• Presents cost saving initiatives to upper management, commodity teams and suppliers
• Estimates and evaluates part tooling cost based on business case
• Verifies incoming supplier development costs versus specification needs
• Conducts product benchmarking, evaluates alternative technologies, analyzes processes at suppliers and leads cost down workshops

• Engineering degree and 5-7 years of relevant experience or 8 years of experience in lieu of degree
• Requires working knowledge of related disciplines, passionate about manufacturing technology and enjoys continuously learning
• Uses analytical thought to independently solve complex problems with minimal guidance and identify solutions
• Willingness to travel occasionally to support global workshops, supplier negotiations and OSAs is required (NAFTA region and globally)
• Experience in NX and SMARAGD/Platon preferred
• Experience with procurement negotiation and value analysis