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Manager Procurement Principal Cost Engineer

Job in Raritan, Somerset County, New Jersey, 08869, USA
Listing for: Scorpion Therapeutics
Full Time position
Listed on 2026-05-31
Job specializations:
  • Engineering
    Systems Engineer, Electrical Engineering, Manufacturing Engineer, Electronics Engineer
Salary/Wage Range or Industry Benchmark: 90000 - 120000 USD Yearly USD 90000.00 120000.00 YEAR
Job Description & How to Apply Below

Core Responsibilities

  • Lead electronics-related sourcing cost engineering; provide SME across PCBAs, cable harnesses, sensors, connectors, actuators/motors, electromechanical assemblies, and passive/active components.
  • Build/own should-cost models (BOM + process routing) to support strategic sourcing, RFPs, contract renewals, and complex negotiations.
  • Convert BOM/routing/test/yield inputs into cost structures (materials, labor, overhead, NRE, test) and identify cost levers.
  • Partner with Procurement leadership on should-cost targets and engagement guidelines.
  • Collaborate with R&D/NPD on DFM/DFT, should-cost modeling, and cost-tradeoff analyses to reduce lifecycle cost while meeting quality/regulatory needs.
  • Support suppliers/CMs to calibrate assumptions, assess capacity/footprint constraints, and structure value delivery plans (cost/yield/efficiency/vertical sourcing).
  • Lead supplier benchmarking and use analytics/AI to scale models, automate scenarios, and improve time to insight.
  • Train/coaching Procurement and stakeholders on electronics cost engineering and using should-cost models in negotiations.
Required Qualifications / Skills
  • 10+ years in manufacturing, cost engineering, sourcing/quoting/sales engineering with focus on electronics and EMS.
  • Bachelor’s degree (required);
    Master’s in Electrical/Electronic, Manufacturing, Industrial or related (preferred).
  • Hands‑on EMS/component experience (SMT, through‑hole, reflow/wave, coating/potting/box build, cable harness assembly).
  • Demonstrated should‑cost/BOM modeling for PCBAs, harnesses, sensors, connectors, electromechanical subassemblies; deep knowledge of electronics cost drivers.
  • Commercial/financial acumen; strong communication; influence senior stakeholders.
Preferred
  • Production/process engineering in EMS;
    Lean Six Sigma (GB/BB); regulated industry/design controls familiarity; IPC standards familiarity.
  • Advanced Excel; PLM/ERP/BOM systems; EDA/PCB (Gerber/IPC) familiarity; SQL/Python/R and Tableau/Power BI.
Benefits (time off)
  • Vacation 120 hours/yr;
    Sick time 40 hours/yr (CO 48; WA 56);
    Holiday pay incl. Floating Holidays 13 days/yr;
    Work/Personal/Family 40 hours/yr;
    Parental leave 480 hours/yr;
    Bereavement 240 hours (immediate) / 40 (extended) per yr;
    Caregiver leave 80 hours (52-week rolling) / 10 days;
    Volunteer 32 hours/yr;
    Military spouse time‑off 80 hours/yr.
Location / Travel
  • West Chester, PA;
    Cincinnati, OH;
    Raritan, NJ; or Irvine, CA; up to 15% travel.
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