Cost Engineer Manager - HybridThis is a hybrid role with a minimum of 3 days on-site weekly is required
Valley City, OH -OR- Towson, MD, United StatesThe Job: 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 use in negotiation decks
- Lead team efforts to participate in VAVE events as a part of 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, with an emphasis on development of technical knowledge relevant to cost modeling
- Utilize the costing tools like apriori, DFMA, Cleansheet 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
The Person: 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. You also have:
- Bachelor's degree in engineering or other related technical field, preferably with a focus in Manufacturing / Mechanical Engineering
- 5+ years engineering experience, preferably focused on the 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 - Knowledgeable 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 in 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
The Details: You'll receive a competitive salary and a great benefits plan, including:
- Medical, dental, life, vision, disability, 401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.
- Discounts on Stanley Black & Decker tools and other partner programs.
And More: We want our company to be a place you'll want to be - and stay. Being part of our team means you'll get to:
- Grow: Be part of our global company with 20+ brands to grow and develop your skills along multiple career paths.
- Learn: Have access to a wealth of learning resources, including our digital learning portal.
- Belong: Experience an awesome place to work, where we have mutual respect and a great appreciation for a wide range of perspectives and experiences.
- Give Back: Help us continue to make positive changes locally and globally through volunteerism, giving back, and sustainable business practices.
What's more, you'll get that pride that comes from empowering makers, doers, protectors, and everyday heroes all over the world. We're more than the #1 tools company. More than a driving force in outdoor power equipment. More than a global leader in industrial. We're visionaries and innovators. As successful as we've been in the past, we have so much further to go. That's where you come in. Join us!
This role is not eligible for visa sponsorship (H1B, OPT/CPT, TN etc).
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The Salary range for this position is $95,600.00 - $153,900.00
- This is the lowest to highest annual full-time salary range we would pay for this role at the time of this posting. The salary offered within the range may vary depending on multiple factors including job level, geographic location, job-related knowledge, skills, qualifications, experience and in compliance with local wage requirements. Please note that salary is only one component of total rewards at Stanley Black & Decker.
- The salary range listed in this job posting reflects the range for the primary location specified. The salary range may vary for other locations.
- The successful candidate may be eligible for annual merit increases.
- Medical, dental, life, vision, disability,401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.
- Discounts on Stanley Black & Decker tool sand other partner programs.
