Costing Engineer

Katalyst HealthCares and Life Sciences

$88K — $105K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Mechanical, Manufacturing, Industrial, or Electrical Engineering
  • 7-10 years of industry experience
  • Proficient in BDI, A-priori, or similar costing software
  • Ability to read and understand manufacturing drawings
  • Working knowledge of Bill of Material development
  • Practical knowledge of VA/VE techniques
  • Functional understanding of 3D CAD software (Creo preferred)
  • Proficient in Microsoft Office

Responsibilities

  • Guide Designers and Engineers for new or modified designs to optimize function and cost
  • Apply DFA and DFM tools for design analysis and improvement suggestions
  • Collaborate with engineering on Design to Target in early product development
  • Develop cost targets for mechanical and electrical engine parts using various sources
  • Provide should-cost analysis reports for supplier negotiations
  • Conduct competitive benchmarking and teardown analysis to create should-cost models
  • Participate in value analysis and engineering to identify cost reduction opportunities
  • Present project cost updates and risks to upper management monthly
  • Offer cost information resources across the organization for assigned projects

Benefits

  • Travel up to 10%
  • Exposure to cross-functional teams across the organization
  • Opportunity to work on innovative design projects
  • Potential for professional growth within the engineering team
Full Job Description
Job Description & Skill Requirement:
  • Provide guidance to Designers/Design Engineers for proposed new or modified designs to achieve required function at minimum cost.
  • pply design for assembly (DFA) and design for manufacturing (DFM) tools to analyze proposed new designs and propose potential improvements.
  • Work with engineering on a Design to Target approach in early product development planning.
  • Develop cost targets for mechanical engine parts (Castings, Stamped parts, Extrusions, and injection molded) based on information ranging from sample parts, CAD models, and engineering drawings.
  • Develop cost targets for electrical engine parts (Harness, PCB, PCB assemblies, DC motors, Batteries) based on information ranging from schematics, CAD models, and engineering drawings.
  • Provide should-cost analysis reports to procurement team for supplier negotiation purposes.
  • Do competitive benchmarking/teardown analysis and develop should-cost models.
  • Participate in value analysis (VA) and value engineering (VE) activities and generate cost reduction ideas on current production products.
  • Present project cost updates along with risks and opportunities to higher management on monthly basis.
  • Be a resource of cost information on assigned projects for the entire organization (upper management, marketing, sales, engineering, financial, manufacturing, etc).
  • Provide the organization with monthly cost reports and cost tracking of current product.

Required Qualifications:
  • Bachelor's degree in mechanical, Manufacturing, Industrial or Electrical Engineering.
  • 7-10 years of industry experience.
  • Proficient in BDI (Boothroyd Dewhurst Inc), A-priori or related costing software.
  • bility to read and understand manufacturing drawings.
  • Working knowledge of a Bill of Material, its development and application.
  • Practical knowledge of VA/VE techniques and strong financial awareness.
  • Functional understanding of 3D CAD software (Creo Preferred).
  • Proficient in Microsoft Office.
  • Travel up to 10%.

Preferred Qualifications:
  • In-depth knowledge of Manufacturing processes (Casting, Stamping, Injection molding, extrusion, PCBA) and compatible materials.
  • Lean Six Sigma Green Belt Preferred.

Similar Jobs

More Jobs at Katalyst HealthCares and Life Sciences

  • Equipment Engineer
    $95K — $115K *
    Summit, NJ 07901 (Union County)
    Pharmaceuticals & Biotech
    In-Person
  • MES Engineer
    $80K — $95K *
    Tallahassee, FL 32303 (Leon County)
    Pharmaceuticals & Biotech
    In-Person
  • Senior Quality Specialist
    $95K — $115K *
    Wilmington, DE 19805 (New Castle County)
    Pharmaceuticals & Biotech
    In-Person
  • Senior Supplier Quality Engineer - Casting
    $90K — $110K *
    Oshkosh, WI 54901 (Winnebago County)
    Manufacturing & Automotive
    In-Person
  • R&D Engineer
    $95K — $115K *
    Albuquerque, NM 87121 (Bernalillo County)
    Pharmaceuticals & Biotech
    In-Person

More Manufacturing & Automotive Jobs

Find similar Costing Engineer jobs: