Cost Engineer

We are seeking a Cost Engineer to join our client (global leader in the automotive industry) and support product cost analysis, supplier evaluations, and value engineering initiatives.

This role will work cross-functionally with engineering, purchasing, and suppliers to evaluate manufacturing costs, develop should-cost models, and identify cost optimization opportunities throughout the product development lifecycle.

Responsibilities

·       Evaluate product designs for manufacturability and cost competitiveness.

·       Develop and maintain piece cost and investment should-cost models using aPriori and other cost modeling tools.

·       Support RFQ activities by analyzing supplier quotations and validating manufacturing costs.

·       Perform cost analysis to support supplier negotiations and sourcing decisions.

·       Track cost impacts resulting from engineering design changes.

·       Identify value analysis/value engineering (VA/VE) opportunities and recommend cost reduction initiatives.

·       Maintain cost tracking tools, reporting dashboards, and cost databases.

·       Collaborate with engineering and purchasing teams to ensure product cost targets are achieved.

·       Analyze engineering specifications, CAD models, BOMs, supplier quotations, project timing, and cost targets to provide accurate cost assessments.

Required Qualifications

·       3+ years of experience in cost engineering, manufacturing engineering, product costing, or a related field.

·       Bachelor''s degree in Engineering, Manufacturing, Supply Chain, or a related technical field (or equivalent experience).

·       Strong understanding of manufacturing processes, including: Injection molding, Metal stamping and fabrication, Thermoforming, and Assembly processes

·       Experience developing should-cost models and performing manufacturing cost analysis.

·       Strong analytical skills with advanced proficiency in Microsoft Excel.

·       Excellent communication and collaboration skills with cross-functional teams.

Required Software

·       Microsoft Excel

·       Microsoft PowerPoint

·       aPriori

·       CAD Viewer (CATIA V6 or equivalent)

Preferred Qualifications

·       Experience in the automotive industry.

·       Familiarity with supplier cost evaluations and RFQ processes.

·       Experience supporting sourcing decisions and supplier negotiations.

·       Knowledge of value engineering (VA/VE) methodologies.

Location: Raymond, OH (Hybrid – Approximately 80% Onsite)
Duration: June 2026 – March 2027 (Potential for Extension)
Travel: Less than 5%