Honda Motors

Senior Cost Planning Engineer

Honda Motors • $95K — $115K *
Raymond, OH 43067In-Person
Manufacturing & Automotive
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a STEM field required.
  • 5+ years of experience in automotive product development preferred.
  • Strong technical knowledge of part materials and manufacturing processes essential.
  • Instinctive understanding of manufacturability for design assessments needed.
  • Expertise in CATIA for detailed design and proposals required.
  • Proficient in Microsoft Excel and PowerPoint for data analysis and presentations.
  • Effective communication skills with the ability to collaborate in a fast-paced environment.

Responsibilities

  • Analyze cost estimates to ensure accuracy for proposal support.
  • Utilize benchmarking data to enhance competitive proposals.
  • Manage stakeholder collaboration for accurate cost estimates.
  • Monitor cost maturation regularly and address discrepancies promptly.
  • Conduct comparative analysis of Honda parts against OEM competitors.
  • Benchmark related themes impacting cost and establish business cases.
  • Perform additional duties as requested.

Benefits

  • Onsite working environment with potential for one remote workday per week with approval.
Full Job Description
Job Purpose

  • To achieve HDMA business targets, it is critically important to determine whether a given part/system design is cost competitive and a reasonable value for the money.
  • The Cost Coordinator performs a key role by analysing and assembling data to construct materials to support the proposals or arguments being made by the Cost Planning Engineer, e.g.
    1. Review the accuracy of cost estimates generated or received
    2. Harvest the benchmarking database and pull relevant examples adjusting appropriately for conditions in order to enhance Honda's proposal.
    3. Allocate Cost and Investment appropriately so changes from old to current cost condition can be explained.
    4. Accurately upload part data to the Ahead system so the Category and Unit can be rolled up efficiently resulting in a highly credible cost report.


Key Accountabilities

  • Cost-Planning Coordination:
    • Manage collaboration with all stakeholders (design- purchasing-supplier) to gain consensus on part-by-part cost estimates, track the cost maturation in real time, identify gaps and address them by organizing follow-up discussions. Regularly monitor that strategies are being applied consistently with the assumptions necessary to achieve the cost target. Collaborate with the Cost Planning Engineer to drive all cost activity to completion according to schedule.
  • Analysis:
    • Compare Honda parts' Cost/Performance positioning vs. other OEM competitors. Where gaps exist, determine the characteristics driving the cost differences and identify opportunities for improvement. Envision the total story - why the gap exists, and what should we do about it. Persuade others while enhancing the argumentation so that a compelling case can be made.
  • R-themes support:
    • For Themes that significantly impact cost or investment, perform benchmarking of the competitive field and study the functionality and cost effectiveness of similar solutions. Establish a business case for the proposal, ensure that the target is reasonable and achievable or raise a concern if the business merit does not exist. Consult with and inform the Cost Engineer in this task.
  • Perform other related duties as assigned or requested.


Qualifications, Experience, and Skills

  • Minimum educational qualifications
    • The qualifying candidate mush have a college level Bacheleors degree in a STEM field.
  • Minimum relevant work experience:
    • At least 5 or more years of relevant experience, ideally in product development in automotive sector
  • Other Job-specific skills:
    • Demonstrable technical expertise in part materials and manufacturing processes
    • Understanding of manufacturability of a particular design.
    • Must have advanced CATIA skill for construction, layout and proposal making.
    • Must ahve good Mircosoft Excel and Powerpoint for analysis, reporting and presentations.
    • Must have good interpersonal communication skills and be able to work in a in a fast-paced cross-functional environment.


Workstyle

  • This is an onsite job. One remote workday a week may be possible with prior departmental approval.

About Honda Motors

Honda Motors is a leading manufacturer of automobiles, motorcycles, and power equipment. The company was founded in 1948 by Soichiro Honda and has since grown to become one of the largest automotive companies in the world. Honda Motors is known for its innovative designs and commitment to sustainability, with a focus on developing environmentally friendly vehicles. The company operates in over 30 countries and has a strong presence in the United States, Japan, and Europe.
Learn more about Honda Motors
Size
204,035 employees
Market Cap
$41.8 billion
Industry
Manufacturing & Automotive
Net Income
$414.5 billion
Founded
1948
5 Year Trend
+0.8%
Revenue
$13,004.8 billion
NASDAQ
HMC
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Honda Motors

More Manufacturing & Automotive Jobs

Find similar Senior Cost Planning Engineer jobs:

NationwideRaymond, OH