Cost Engineer Manager

Cost Engineer Manager – Hybrid

Valley City, OH – or – Towson, MD, United States.

Hybrid role requiring minimum 3 days on-site weekly.

As a Cost Engineer Manager, you’ll be part of our Cost Engineering team working as a hybrid employee. You’ll get to:

• Working closely with Lead Category Managers (LCM) to build roadmaps for future product lines and components to be cost modeled
• Execute and manage cost modeling by SBD cost modeling methods and outputs
• Identify cost savings opportunities and strategies to be used by LCMs in leveraging supplier negotiations
• Support development of negotiation strategies using fact-based arguments for negotiation decks
• Lead team efforts to participate in VAVE events as part of the team’s core competencies
• Pursue continuous improvements in the costing of sourced products/components and share analytical results with sourcing managers
• Train and educate relevant SBD stakeholders in should cost methodology and negotiations, emphasizing technical knowledge for cost modeling
• Utilize costing tools like Apriori, DFMA, Clean sheet, etc., in developing cost models and for cost analytics
• Develop training modules that will educate SBU leaders and the overall GSM team on cost modeling and its usefulness in supplier negotiations
• Lead and upskill team of cost engineers

You love to learn and grow and be acknowledged for your valuable contributions. You’re not intimidated by innovation. Wouldn’t it be great if you could do your job and do a world of good? In fact, you embrace it.

• Bachelor’s degree in engineering or related technical field, preferably with a focus in Manufacturing / Mechanical Engineering
• 5+ years engineering experience, preferably focused on manufacturing and/or design of mechanical products (particularly with a Design for Manufacturability focus)
• Experience working in the Global Supply Management Environment
• Lean and quality experience
• Strong understanding of various manufacturing technologies such as machining, injection molding, packaging, die casting, forging, electronics assembly, wire harness, and stamping
• Cost estimating knowledge – knowledge of typical sources and costs for common components
• Ability to apply technical knowledge toward cost reductions (productivity) in area of expertise
• Ability to identify cost drivers and deep dive to prepare reports
• Ability to work with multiple sources of data and assumptions, generate effective cost options, and analyze resulting cost models to test and refine estimates
• Experience with lean manufacturing and effects of manufacturing costs that are driven by product design
• Experience in CAD and PLM (Product Lifecycle Management software)
• Knowledge of sources of supply and potential suppliers in various categories
• Ability to challenge supplier costing and work with sourcing team to pursue cost gaps and search for opportunities

Salary range: $95,600 – $153,900.

• Medical, dental, life, vision, disability, 401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement.
• Discounts on Stanley Black & Decker tools and other partner programs.

This role is not eligible for visa sponsorship (H1B, OPT/CPT, TN etc.).

All qualified applicants to Stanley Black & Decker are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran’s status or any other protected characteristic.

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