Should Cost Engineer - Mechanical & Electrical
Full-time
Purple Hires Inc
Job Summary
- Support Designers and Design Engineers in developing cost-effective product designs .
- Apply Design for Manufacturing (DFM) and Design for Assembly (DFA) principles.
- Develop cost targets and should-cost models for mechanical and electrical engine components.
- Support Value Analysis (VA), Value Engineering (VE), benchmarking, and cost reduction activities.
- Guide engineering teams on new and modified designs to achieve required functionality at minimum cost.
- Apply DFA/DFM tools and recommend design improvements.
- Support Design-to-Target activities during early product development.
- Develop cost targets for mechanical components:
- Castings
- Stamped parts
- Extrusions
- Injection-molded parts
- Develop cost targets for electrical components:
- Harnesses
- PCBs / PCB Assemblies
- DC Motors
- Batteries
- Prepare should-cost analysis reports for Procurement and supplier negotiations.
- Conduct competitive benchmarking and teardown analysis .
- Develop and maintain should-cost models .
- Participate in VA/VE activities and identify cost-reduction opportunities.
- Present monthly project cost updates, risks, and opportunities to management.
- Provide cost information to Engineering, Procurement, Manufacturing, Finance, Sales, and Management teams.
- Prepare monthly cost reports and product cost tracking .
- Bachelor's degree in Mechanical, Manufacturing, Industrial, or Electrical Engineering .
- 7 10 years of industry experience .
- Proficiency in BDI (Boothroyd Dewhurst), A-priori, or similar costing software .
- Ability to read and understand engineering/manufacturing drawings .
- Strong understanding of Bill of Materials (BOM) .
- Practical experience with VA/VE techniques .
- Strong financial and cost-analysis awareness.
- Working knowledge of 3D CAD , preferably Creo .
- Proficient in Microsoft Office .
- Willingness to travel up to 10% .
- Strong knowledge of:
- Casting
- Stamping
- Injection Molding
- Extrusion
- PCBA manufacturing
- Related materials
- Lean Six Sigma Green Belt preferred.
Vacancy posted 2 days ago
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