Cost Engineering Analyst III

Daimler Truck AG

• $144K *
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Mechanical, Electrical, or Industrial Engineering, or equivalent
  • 10 years of experience in the Automotive and/or heavy truck industry
  • 3 years of experience in a Cost Engineering role
  • 1 year of leadership, project lead, or mentoring experience
  • Experience with manufacturing process optimization and Siemens calculation software

Responsibilities

  • Lead cost planning structures for the company
  • Determine target costs using a bottom-up approach
  • Maintain knowledge of parts, technologies, and production processes
  • Participate in cost avoidance and reduction activities
  • Assess and align gaps between prices, purchasing, and engineering
  • Support Purchasing in negotiations regarding cost gaps
  • Engage in cost driver analysis and benchmarking of parts

Benefits

  • Annual bonus program
  • 401k with company match up to 6% and non-elective contribution of 3-7%
  • 4 weeks paid vacation plus 13+ holidays
  • 8 weeks paid parental leave
  • Comprehensive healthcare plans and wellness programs
  • Tuition assistance and volunteer paid time off
  • Onsite fitness at some locations
  • Short-term and long-term disability plans
Full Job Description

Inside the Role

This position is responsible for leading cost planning structures.

Posting Information

We provide a scheduled posting end date to assist our candidates with their application planning. While this date reflects our latest plans, it is subject to change, and postings may be extended or removed earlier than expected.

Position offers an annual salary of $144,419.00.

Benefits include annual bonus program; 401k company contribution with company match up to 6% as well as non-elective company contribution of 3 - 7% depending on age;starting at 4 weeks paid vacation; 13+ calendar holidays; 8 weeks paid parental leave; employee assistance program; comprehensive healthcare plans and wellness programs; onsite fitness (at some locations); tuition assistance and volunteer paid time off; short-term and long-term disability plans.

What You Drive at DDC

  • Detroit Diesel Corporation seeks a Cost Engineering Analyst III based out of our office in Detroit, Michigan 48239. Note, this is a hybrid position whereby the employee will work both from home and from the aforementioned office address. Hence, the employee must live within a reasonable commuting distance of the aforementioned office address. Note, this position requires up to 10% domestic and international travel per year. This position will lead cost planning structures. Determine bottom-up target costs of REC (Reference Calculation). Responsible for maintaining detailed knowledge of parts in scope, related technologies, materials, and production processes. Participate in cost avoidance and reduction activities based on bottom-up cost calculation according to the global Cost Engineering methodology supported by available systems. Proactively assess gaps between prices, purchasing and engineering, and align next steps and track the progress to close cost gaps. Set up cost engineering strategies to achieve short, intermediary, and long term savings. Support Purchasing department in negotiations and directly discuss cost gaps with suppliers. Collaborate with Engineering department to promote designs and help to avoid costly product changes. Support the creation of cost targets with a bottom-up approach for product projects. Verify savings potentials by benchmarking complex powertrain parts. Engage in tear downs and cost driver analysis for internal and external parts. Represent CE Team in cross functional project team meetings and provide cost transparency for the project lead and cross functions.

Knowledge You Should Bring

  • Bachelor6s degree in Mechanical, Electrical, or Industrial Engineering, or its equivalent.
  • 10 years of experience in Automotive and/or heavy truck industry.
  • Experience must include 3 years in a Cost Engineering role and 1 year of group leader, project lead, or mentoring experience. Must have experience with: manufacturing process optimization and Siemens calculation software for generating cost calculations.
  • 10% domestic and international travel required.


#LI-DNI

Where We Work

This position is open to applicants who can work in (or relocate to) the following location(s)-

Detroit, MI US. Relocation assistance is not available for this position.

Schedule Type:

Hybrid (4 days per week in-office / 1 day remote). This schedule builds our #OneTeamBestTeam culture, provides an unparalleled customer experience, and creates innovative solutions through in-person collaboration.

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