Should Cost Engineer

Master Lock; San Pedro Garza García; Presencial; USD 60,000 - 80,000; Jornada completa

Descripción de la vacante

A leading company in the manufacturing industry is seeking a Should Cost Engineer specializing in die casting and stamping. This role involves developing cost models, performing technical analysis, and collaborating across departments to optimize costs throughout the product lifecycle. Ideal candidates will have strong engineering backgrounds, experience with cost management tools, and advanced analytical skills.

Formación

• 5+ years in design engineering, production, operations, or manufacturing.
• 3+ years with cost model software, specifically aPriori.

Responsabilidades

• Generate and update should cost models.
• Monitor global commodities and predict cost impacts.
• Prepare detailed and customized cost reports.

Conocimientos

Value Engineering

Data Analysis

Cost Management

Technical Expertise

Educación

B.S. in Mechanical Engineering

M.S. in Engineering

Herramientas

aPriori

MS Excel

Tableau

Power BI

Descripción del empleo

Company Description

About Us

Fortune Brands began its journey as a publicly traded company (NYSE: FBHS or “Fortune Brands Home & Security, Inc.”) in 2011, as a successful spin-off from Fortune Brands, Inc. Since then, we have grown organically and through acquisitions, and have delivered strong financial performance. We have also proven our resilience and execution excellence. We outperformed and expanded in our categories through the housing market recovery, and executed our strategies through global disruptions, while refining our portfolio for the future.

On December 14, 2022, we completed the separation of our Cabinets business, enabling us to pursue our unique and exciting path for accelerating growth and productivity.

Today, we are a new company: Fortune Brands Innovations, Inc. (NYSE: FBIN). We are focused on driving our brand, innovation, and channel leadership, and winning in supercharged categories.

Why work with us?

You will gain the flexibility to balance your life at every stage with Total Rewards that support your physical, emotional, and financial well-being. We also support an inclusive and diverse culture where everyone is encouraged and empowered to be authentic, and where our differences and unique perspectives are a key strength.

In Fortune Brands Innovations, Inc., we're seeking a Should Cost Engineer / Die Casting, Stamping, Heavy Metal, to join our team in a highly collaborative and supportive environment. This role will be responsible for should cost model development and enhancement, detailed cost breakdown reports, and VAVE project implementation. The candidate will act as SME for all manufacturing processes required based on the component type. The should cost engineer will be a trusted source for component cost and manufacturing process assessment.

The candidate should demonstrate advanced skills in Value Engineering tools, component cost structure, and cost management software, such as aPriori. She/he needs to possess the ability to accurately should cost FBIN assemblies and components. The results of these analyses will be extensively used by FBIN teams (sourcing, engineering, manufacturing) to support and enable best cost during supplier negotiations. He/she will support key negotiation activities as required.

The should cost engineer will address product cost reduction and cost mitigation opportunities during all phases of the FBIN product lifecycle, i.e., NPI and product development. They will perform and guide feasibility studies and technical analyses for should cost projects.

Effectively report project status, needs, and roadblocks to business leaders to ensure completion.

Job Responsibilities

• Generate and update should cost models for all categories based on current business needs.
• Utilize deep technical expertise to develop and calibrate should cost models based on minimal manufacturing processes and benchmarking data.
• Establish relationships and work closely with sourcing, design engineering, manufacturing, supply chain, etc., to ensure assumptions and logic are correctly applied.
• Design to cost - analyze, assess, and implement cost optimization/avoidance ideas in collaboration with R&D teams.
• Monitor global commodities to predict deflation/inflation impacts based on cost model material/labor usage.
• Prepare detailed and customized cost reports.
• Support other Continuous Improvement initiatives.

Qualifications

• B.S. in Mechanical, Mechatronics, Manufacturing, or Industrial Engineering, or similar.
• M.S. in Engineering.
• 5+ years of experience in design engineering, production, operations, or manufacturing.
• 3+ years of experience with any cost model software tool, specifically aPriori. Experience in creating detailed cost models for various manufacturing processes.
• Strong knowledge of manufacturing processes such as machining, forging, castings, plastic injection, sheet metal, aluminum extrusion, packaging, and assembly.
• Deep understanding of component cost structure and finance concepts, including labor rates, machine rates, overheads, rejection %, SG&A, and profit.
• Strong skills in data analysis and management, with high proficiency in MS Excel, Tableau, and Power BI.
• Able to create scorecards and dashboards using large and dynamic datasets.