Cost Engineer

Intellectt Inc; Foster City (CA); On-site; USD 130,000 - 180,000; Full time

Job summary

Intellectt Inc. seeks an experienced Should Costing Engineer in Foster City, CA to drive product cost optimization and manufacturing cost analysis. You will lead should-cost modeling, BOM development, and value engineering initiatives across mechanical and electrical components.

The ideal candidate has 7–10 years of experience with DFM/ DFA, VA/VE, and proficiency in costing tools like BDI and A-priori. Familiarity with Creo and 3D CAD is preferred as you partner with multiple teams to cut costs

Qualifications

• Bachelor’s degree in Mechanical, Manufacturing, Industrial, or Electrical Engineering.
• 7–10 years of relevant industry experience.
• Experience in Should Costing, Cost Engineering, DFM/DFA, and VA/VE.

Responsibilities

• Develop should-cost models and cost targets for mechanical and electrical components.
• Apply Design for Manufacturing (DFM) and Design for Assembly (DFA) principles to optimize product designs.
• Perform cost analysis for castings, stamped parts, extrusions, injection-molded components, PCBs, harnesses, motors, and batteries.
• Conduct competitive benchmarking, product teardown analysis, and manufacturing cost assessments.
• Support Value Analysis/Value Engineering (VA/VE) and identify cost-reduction opportunities.
• Prepare should-cost reports to support procurement and supplier negotiations.
• Collaborate with engineering, manufacturing, procurement, finance, and leadership teams.
• Track product costs, report project updates, and communicate cost risks and opportunities.

Skills

Should Costing

Cost Engineering

DFM/DFA

VA/VE

BOM development

Education

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

Tools

BDI/Boothroyd Dewhurst

A-priori

Creo

Job description

We are seeking an experienced Should Costing Engineer to drive product cost optimization, manufacturing cost analysis, and value engineering initiatives. The ideal candidate will have strong expertise in should-cost modeling, DFM/DFA, VA/VE, and manufacturing processes across mechanical and electrical components.

Key Responsibilities

• Develop should-cost models and cost targets for mechanical and electrical components.
• Apply Design for Manufacturing (DFM) and Design for Assembly (DFA) principles to optimize product designs.
• Perform cost analysis for castings, stamped parts, extrusions, injection-molded components, PCBs, harnesses, motors, and batteries.
• Conduct competitive benchmarking, product teardown analysis, and manufacturing cost assessments.
• Support Value Analysis/Value Engineering (VA/VE) and identify cost-reduction opportunities.
• Prepare should-cost reports to support procurement and supplier negotiations.
• Collaborate with engineering, manufacturing, procurement, finance, and leadership teams.
• Track product costs, report project updates, and communicate cost risks and opportunities.

Required Qualifications

• Bachelor’s degree in Mechanical, Manufacturing, Industrial, or Electrical Engineering.
• 7–10 years of relevant industry experience.
• Experience in Should Costing, Cost Engineering, DFM/DFA, and VA/VE.
• Proficiency in BDI (Boothroyd Dewhurst), A-priori, or similar costing tools.
• Ability to interpret engineering and manufacturing drawings.
• Working knowledge of BOM development and application.
• Strong understanding of manufacturing cost analysis and cost-reduction techniques.
• Familiarity with 3D CAD software; Creo is preferred.
• Proficiency in Microsoft Office.

Preferred Skills

• Manufacturing processes: casting, stamping, injection molding, extrusion, and PCBA.
• Mechanical and electrical component costing.
• Supplier cost analysis, competitive benchmarking, and teardown analysis.
• Automotive, engine, or powertrain component experience.

Benefits

Eligible employees may have access to benefits offered by Intellectt Inc. in accordance with the applicable benefit plans and eligibility requirements.

Intellectt Inc. is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state, or local law