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    Lead Cost Engineer - Greenville, United States - Hyster-Yale Material Handling, Inc.

    Hyster-Yale Material Handling, Inc.
    Hyster-Yale Material Handling, Inc. Greenville, United States

    3 weeks ago

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    Description
    Job Title
    Lead Cost Engineer

    Job Family
    Job Description
    What starts with

    YOU , moves the world
    Hyster-Yale Group, Inc. (HYG), a world-class manufacturer of industrial lift trucks, has an outstanding opportunity for an exceptional and talented

    Lead Cost Engineer

    at our Greenville, NC Headquarters office . Here at (HYG) we are always looking for new talent with curiosity and drive to join our team. We offer a variety of career opportunities in engineering, manufacturing, sales, marketing, finance and more.

    What you will do:


    The Lead Cost Engineer will be responsible for managing the development and sourcing of new products from concept to launch.

    The ideal candidate will have exposure with costing principles, procurement, and product design to enable the individual to work cross-functionally with various project teams and suppliers to ensure parts are sourced at the lowest cost at the right supplier.

    Act as a Liaison between product design and the supply base to ensure designs are manufacturable and that parts are sourced with suppliers that match their core competencies.

    Have exposure to multiple types of manufacturing processes and understand how these processes are applied to a given part design.

    They will have a passion for understanding how things are manufactured at how to procure parts at a fair cost.


    Who you are:


    An energetic, highly motivated leader who can work in a fast-paced environment and will have a positive influence as a leader.

    Responsible for working with preferred suppliers on new projects assuring proper agreements are in place. (i.e., project development agreement, non-disclosure agreements)
    Assure parts are sourced with preferred supply base. Work with Strategic Sourcing Manager on alternate sourcing solution, where capability is not available in the preferred supplier list.
    Develop proactive escalation plans to avoid project derailment.

    What you will need:
    Bachelors Degree in Industrial / Mechanical / Manufacuring Engineering, Industrial Technology, or a related discipline
    5+ years of successful Engineering operations / Manufacturing / Project Management experience
    Skills, Experience & Abilities

    The incumbent must be a strong communicator, with diverse groups of people throughout HYG's global operations, under stressful conditions, and must have good organizational skills regarding work priorities and project-management requirements.

    MS Office
    Strong Project management skills

    Must be able to influence critical elements and activities within the project and be capable of reporting "unpopular" and / or controversial positions to project and procurement management.

    Diplomacy and negotiation skills must always be exercised, even in difficult situations.

    This individual must be capable of effectively handling multiple projects and being able to provide detailed cost-benefit analysis to back sourcing decisions made in support of the projects being managed.

    Demonstrated ability to develop target costs, identify key cost drivers and to use tools and methods in tracking and validating part costs.

    Skill in negotiating and communicating with suppliers and internal stakeholders
    Ability to read and understand engineering drawings and specifications.
    Competence in the using Microsoft applications.
    Ability to work independently.
    Strong communication, and interpersonal skills.
    Supplier Engagement
    Take leadership role in developing part should costs and negotiating with suppliers to achieve targets.

    Engage preferred suppliers on new projects new part development and ensure proper agreements are in place (e.g., development agreements, and non-disclosure agreements).


    Development Center Support:


    Act as a liaison between the supplier and product design to ensure designs are manufacturable and designed at the lowest cost.

    Lead should-cost activities utilizing standard costing methodology
    Manage part design changes with suppliers from initial sourcing through start of production.
    Develop and validate target costs for components utilizing data such as quotes, competitive benchmark data or should-cost analysis.
    Sourcing Activities
    Manage procurement/sourcing activities with strategic suppliers in accordance with defined cost targets, budgets, and project timelines. Provide status updates to leadership.
    Develop supplier risk management strategies for new product launches.
    Manage procurement of components during all phases of development.
    Project Management
    Communicate global project strategies and risk mitigation plans to Product Engineering, Manufacturing, and Supply Chain, and Supplier Quality Engineering.
    Develop proactive escalation and mitigation plans as necessary to achieve project objectives.
    Provide recommendations in support of product development gated review processes.
    Create and manage project budgets for supplier tooling, prototype parts, and additional procured components.

    Who we are:


    HYG designs, engineers, manufactures, markets, and services a complete range of application-tailored lift trucks, attachments and fuel cell solutions that are transforming the way the world moves materials.

    As a global leader in the Materials Handling industry, HYG have been building relationships with our customers, suppliers, dealers, and employees for over 90 years.


    What we offer:
    Hyster-Yale Group offers competitive pay, tuition reimbursement, supportive work environment, hybrid work option, and opportunities for growth and development


    A full benefits package:
    paid time off; medical, dental, vision, and life insurance, employer-sponsored profit sharing and 401(k).
    #LI-TE1
    #HYBRID
    Job ID
    0869

    Employment Type
    Full time

    Work Hours
    40

    Travel Required
    Primary Location
    HYG US Greenville, NC (Plant)

    Address
    5200 Martin Luther King Jr Hwy

    Zip Code
    27834

    Field-Based
    No

    Relocation Assistance Available
    No


    We are an equal opportunity employer with an excellent benefit package including medical, dental and life insurance, 401(k) and profit sharing.

    EOE/Minorities/Females/Veterans/Disabled
    #J-18808-Ljbffr
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