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Cost Engineer

Aston Martin

Stratford-upon-Avon

On-site

GBP 35,000 - 50,000

Full time

Today
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Job summary

A luxury automotive manufacturer in Stratford-upon-Avon is seeking a Cost Engineer to provide support in cost calculations and benchmarking for vehicle projects. Responsibilities include conducting competitor studies, refining designs for cost-effectiveness, and maintaining accurate data throughout product development. The ideal candidate will have advanced Excel skills, analytical mindset, and practical manufacturing experience.

Qualifications

  • Willingness to learn
  • Practical experience in manufacturing
  • Good written and verbal communication skills

Responsibilities

  • Conduct competitor benchmarking studies.
  • Creation of cost calculations for products.
  • Supporting Engineering in cost-effective design.

Skills

Competitor benchmarking studies
Costing exercises
Advanced Excel skills
Technical drawing reading
Problem analytical skills

Tools

CAD Reviewer Software - Siemens Teamcenter/VIS Mockup
Microsoft Office Suite
Job description
Overview

A primary support function to the business, providing target costs for all the new and existing vehicle projects utilizing expertise, logic & a robust data driven approach.

Responsibilities
  • Conducting competitor benchmarking studies.
  • Participating in Tear Down studies & costing exercise on key commodities or components.
  • Creation of cost calculations of all responsible products for piece & tooling, to support cost target setting activities.
  • Supporting Engineering to refine designs in a more cost-effective manufacturing process.
  • Cost calculation to Quote evaluation - Where are the differences between the target and the quotation & why?
  • Supporting the Procurement Department, on technical challenges, when discussing quotes with the vendors.
  • Maintaining data accuracy during the product development and revising the cost calculation in-line with change/maturity.
  • Proficient level of IT skills, especially in the Microsoft Office suite, advanced Excel skills would be advantageous.
  • Quality Engineering or Manufacturing Engineering background.
  • Broad Engineering & Manufacturing knowledge inclusive of component design.
  • Solid understanding of a Vehicle architecture & its subsequent systems.
  • Excellent problem analytical & critical thinking skills.
  • Able to use CAD Reviewer Software - Siemens Teamcenter/VIS Mockup.
  • Must have the ability to read a technical drawing.
  • Strong financial acumen.
  • Teamwork mindset essential.
Qualifications / Skills
  • Willingness to learn
  • Tenaciousness
  • Practical experience within a manufacturing environment
  • Analytical & logical mindset
  • Exceptional numerical skills
  • Good written & verbal communication skills

The Cost Engineering team is responsible for setting & achieving vehicle material & investment cost targets. Providing detailed cost calculations for Piece & Tooling to the wider business, influencing technical solutions & design, to achieve profitable growth.

The post holder will be required to comply with all policies and procedures issued by and on behalf of Aston Martin Lagonda ltd

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