Cost Engineer

brunswick; Fond du Lac (WI); On-site; USD 72,000 - 115,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Paid vacation

401k matching

Health Savings Account

Well-being program

Product discounts

Job summary

Mercury Marine, a division of Brunswick Corporation, is seeking a Cost Engineer in Fond du Lac, Wisconsin to develop analytical cost models and establish target costs for new product designs and changes. You will review supplier quotes and support Buyers in negotiations to drive cost reduction.

Ideal candidates have 3–5 years of cost engineering experience, proficiency with costing software (BDI/APriori), and the ability to read manufacturing drawings. Travel up to 10% is required.

Qualifications

• Bachelor's degree in Mechanical, Manufacturing, Industrial or Electrical Engineering.
• 3-5 years of industry experience.
• Proficient in BDI (Boothroyd Dewhurst Inc), A-priori or related costing software.
• Ability to read and understand manufacturing drawings.
• Working knowledge of a Bill of Material, its development and application.
• Practical knowledge of VA/VE techniques and strong financial awareness.
• Functional understanding of 3D CAD software (Creo Preferred).
• Proficient in Microsoft Office.
• Travel up to 10%.

Responsibilities

• Provide guidance to Designers/Design Engineers for proposed new or modified designs to achieve required function at minimum cost.
• Apply design for assembly (DFA) and design for manufacturing (DFM) tools to analyze proposed new designs and propose potential improvements.
• Work with engineering on a Design to Target approach in early product development planning
• Develop cost targets for mechanical engine parts (Castings, Stamped parts, Extrusions, and injection molded) based on information ranging from sample parts, CAD models and engineering drawings.
• Develop cost targets for electrical engine parts (Harness, PCB, PCB assemblies, DC motors, Batteries) based on information ranging from schematics, CAD models and engineering drawings.
• Provide should-cost analysis reports to procurement team for supplier negotiation purposes.
• Do competitive benchmarking/ teardown analysis and develop should cost models.
• Participate in value analysis (VA) and value engineering (VE) activities and generate cost reduction ideas on current production products.
• Present project cost updates along with risks and opportunities to higher management on monthly basis.
• Be a resource of cost information on assigned projects for the entire organization (upper management, marketing, sales, engineering, financial, manufacturing, etc).
• Provide the organization with monthly cost reports and cost tracking of current product.

Skills

Cost estimation

Financial analysis

Reading drawings

Team collaboration

Communication

Education

Bachelor’s degree in Mechanical, Manufacturing, Industrial or Electrical Engineering

Tools

BDI/APriori

Creo

Job description

Are you ready for what's next?

Come explore opportunities within Brunswick, a global marine leader committed to challenging conventions and innovating next-generation technologies that transform experiences on the water and beyond. Brunswick believes "Next Never Rests™," and we offer a variety of exciting careers and growth opportunities within united teams defining the future of marine recreation.

Position Overview:

Mercury Marine is seeking a Cost Engineer to develop analytical cost models while working closely with component engineers. This individual will provide program teams with the target cost of new product design or design change proposal. Review Supplier quotes and assist Buyers in negotiation.

Key Responsibilities:

• Provide guidance to Designers/Design Engineers for proposed new or modified designs to achieve required function at minimum cost.
• Apply design for assembly (DFA) and design for manufacturing (DFM) tools to analyze proposed new designs and propose potential improvements.
• Work with engineering on a Design to Target approach in early product development planning
• Develop cost targets for mechanical engine parts (Castings, Stamped parts, Extrusions, and injection molded) based on information ranging from sample parts, CAD models and engineering drawings.
• Develop cost targets for electrical engine parts (Harness, PCB, PCB assemblies, DC motors, Batteries) based on information ranging from schematics, CAD models and engineering drawings.
• Provide should-cost analysis reports to procurement team for supplier negotiation purposes.
• Do competitive benchmarking/ teardown analysis and develop should cost models.
• Participate in value analysis (VA) and value engineering (VE) activities and generate cost reduction ideas on current production products.
• Present project cost updates along with risks and opportunities to higher management on monthly basis.
• Be a resource of cost information on assigned projects for the entire organization (upper management, marketing, sales, engineering, financial, manufacturing, etc).
• Provide the organization with monthly cost reports and cost tracking of current product.

Required Qualifications:

• Bachelor's degree in Mechanical, Manufacturing, Industrial or Electrical Engineering
• 3-5 years of industry experience
• Proficient in BDI (Boothroyd Dewhurst Inc), A-priori or related costing software
• Ability to read and understand manufacturing drawings
• Working knowledge of a Bill of Material, its development and application.
• Practical knowledge of VA/VE techniques and strong financial awareness
• Functional understanding of 3D CAD software (Creo Preferred)
• Proficient in Microsoft office.
• Travel up to 10%

Preferred Qualifications:

• In-depth knowledge of Manufacturing processes (Casting, Stamping, Injection molding, extrusion, PCBA) and compatible materials.
• Lean Six Sigma Green Belt Preferred

The anticipated pay range for this position is $72,000 to $115,300 annually. The actual base pay offered will vary depending on multiple factors including job- related knowledge/skills, relevant experience, business needs, and geographic location. In addition to base pay, this position is eligible for an annual discretionary bonus.

At Brunswick, it is not typical for an individual to be hired at or near the top end of the salary range for their role. Compensation decisions are dependent upon the specifics of the candidate's qualifications and the business context.

This position is eligible to participate in Brunswick's comprehensive and high-quality benefits offerings, including medical, dental, vision, paid vacation, 401k (up to 4% match), Health Savings Account (with company contribution), well-being program, product purchase discounts and much more. Details about our benefits can be found here .

Why Brunswick:

Whatever tomorrow brings, we'll be at the leading edge. As the clear leader in the marine industry, we're committed to our values and supporting our exceptional people. We offer and encourage growth opportunities within and across our many brands. In addition, we're proud of being recognized for making a splash with numerous awards !

About Mercury Marine:

Headquartered in Fond du Lac, Wisconsin, Mercury Marine® is the world's leading manufacturer of recreational marine propulsion engines. A division of Brunswick Corporation (NYSE: BC), Mercury provides engines, boats, services and parts for recreational, commercial and government marine applications. Mercury empowers boaters with products that are easy to use, extremely reliable and backed by the most dedicated customer support in the world. The company's industry-leading