Cost Engineer

Job Description

Job description :

• Bachelor degree in Mechanical / Electrical Engineering with 8 to 12 years of Automotive industry experience as Should costing engineer
• Develop should-cost estimates and projections for various automotive vehicle commodities such as lighting components, electrical motors, connectors, displays, wiring harnesses, PCBA-based electrical components, or semiconductor fabrication. Utilize information ranging from written assumptions, sample parts, CAD models, and engineering drawings.
• Performing should cost analysis thru aPriori
• Collect details and compile data to estimate all production costs considering raw materials, labor, and tooling for estimations or should-cost models.
• Interface with manufacturing plants and suppliers to ensure the most economical tooling, processing, and operations that contribute to profitable production.
• Provide guidance to design engineers for proposed new or modified designs to achieve the required function at minimum or target cost.
• Mentor team members on manufacturing and process cost expertise.
• Support competitive vehicle benchmarking to provide input for future model development and target costs.
• Conduct Value Analysis / Value Engineering (VAVE) activities to generate cost reduction ideas by identifying process and product efficiencies that decrease overall costs. Collaborate with stakeholders to achieve cost reduction targets.