Global Connect Technologies
Cost Engineer
Location: Redmond, WA
Salary: $111,000.00-$164,000.00 (city postings shown; negotiate based on experience)
Job description overview: Responsible for providing cost guidance and analysis across mechanical and electrical components, applying DFA/DFM tools, and supporting cost reduction initiatives throughout the product lifecycle.
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 molded) 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 schematics, CAD models and engineering drawings.
Provide should-cost analysis reports to 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 on a monthly basis.
Serve as a resource of cost information on assigned projects for the organization (upper management, marketing, sales, engineering, financial, manufacturing, etc.).
Provide the organization with monthly cost reports and cost tracking of current products.
Promote diversity of thought and experiences; identify essential skillsets while acknowledging development opportunities for others.
Required Qualifications
Bachelor’s degree in Mechanical, Manufacturing, Industrial or Electrical Engineering
3-5 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 Materials, its development and application
Practical knowledge of VA/VE techniques and strong financial awareness
Functional understanding of 3D CAD software (Creo preferred)
Proficient in Microsoft Office
Travel up to 10%
Preferred Qualifications
In-depth knowledge of manufacturing processes (casting, stamping, injection molding, extrusion, PCBA) and compatible materials
Employment details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Consulting
Industries: IT Services and IT Consulting
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Salary: $111,000.00-$164,000.00 (city postings shown; negotiate based on experience)
Job description overview: Responsible for providing cost guidance and analysis across mechanical and electrical components, applying DFA/DFM tools, and supporting cost reduction initiatives throughout the product lifecycle.
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 molded) 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 schematics, CAD models and engineering drawings.
Provide should-cost analysis reports to 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 on a monthly basis.
Serve as a resource of cost information on assigned projects for the organization (upper management, marketing, sales, engineering, financial, manufacturing, etc.).
Provide the organization with monthly cost reports and cost tracking of current products.
Promote diversity of thought and experiences; identify essential skillsets while acknowledging development opportunities for others.
Required Qualifications
Bachelor’s degree in Mechanical, Manufacturing, Industrial or Electrical Engineering
3-5 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 Materials, its development and application
Practical knowledge of VA/VE techniques and strong financial awareness
Functional understanding of 3D CAD software (Creo preferred)
Proficient in Microsoft Office
Travel up to 10%
Preferred Qualifications
In-depth knowledge of manufacturing processes (casting, stamping, injection molding, extrusion, PCBA) and compatible materials
Employment details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Consulting
Industries: IT Services and IT Consulting
#J-18808-Ljbffr