Cost Engineer - Auburn Hills
2 days ago
Job description
Powertrain Cost Engineer (Transmission & Driveline) develops direct material costs and tooling investments for Powertrain system specific components using activity-based costing methodology while working from bill of materials, drawings and/or samples. Cost Engineer responsibilities will include utilizing Stellantis component cost methodologies and processes to develop, analyze, and provide guidance for cost convergence to internal stakeholders. The Powertrain system Cost Engineer will assist the global teams with technical cost evaluations to estimate component costs for projects in advanced through serial life cycle phases.
An ability to be agile, curious, and an engaging cross functional teammate is required to support cost evaluation activities within a global organization.
Key deliverables:
- Development of component costs for new programs ("cost engineering estimate" at initial concept; "should cost calculation" through bottom-up approach for new & modified purchased components based on the 'how it's made' manufacturing process)
- Provide Engineering support during vehicle development phase for target achievement (Design to Cost)
- Development of tooling costs for new programs
- Provide purchasing support during supplier negotiations through gap analysis of supplier's price breakdown detail
- Support of the Global Cost Initiative and Worldwide Component Cost comparisons/studies
- Support of Benchmarking and Value Optimization (VO) activities including support of serial life should cost requests
Key responsibilities include but not limited to:
- Research relevant market trends, industrial standards, and innovations
- Identify potential cost optimization opportunities and support company technical cost reduction activities. This may include periodic Supplier visits to maintain & improve internal know-how of manufacturing processes & best practices
Basic Qualifications:
- Bachelor of Science degree in Industrial/Manufacturing Engineering or related scientific field
- A minimum of 5 years of experience in the Auto industry
- Ability to read drawings and make manufacturing and financial assumptions
- Excellent communication skills and ability to create high quality presentation materials and reports for presentation to management levels
- Must demonstrate a high level of organization and ability to track a high number of part numbers and part complexity
- Proficient in MS Office suite of tools including PowerPoint, Excel and Word
- Ability to interface with all levels of the enterprise, across multiple organizations and regions
- Basic knowledge related to manufacturing processes (Turning, Milling, Welding, Assembly, etc.,)
- Ability to use financial numbers (CAPEX, interest rates, etc.,) and apply them to part manufacturing.
Preferred Qualifications:
- 10 years of cost estimating experience in the manufacturing industry.
- Working knowledge of component development and the steps required to deliver a solution
- Familiarity with Cost Model elements and how to apply Activity Based Costing to component cost development
- High level of knowledge related to manufacturing processes (Turning, Milling, Welding, Assembly, etc.,)
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