Cost Engineer

General Motors Corporation; Warren (MI); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid work policy

3 days in-office

Job summary

General Motors in Warren, MI is seeking a Cost Engineer to develop and expand cost knowledge and modeling tools for ground up should-cost estimates of materials, tooling, and ED&D on assigned components. You will compare supplier quotes with models to drive data‑driven negotiations and pursue cost-saving opportunities.

You will work with Purchasing and Engineering to standardize costing methods, train others, and contribute to program profitability through rigorous cost analyses and benchmarking

Qualifications

• Bachelor's degree in Business, Finance, Engineering, Mechatronic Engineering, or related field.
• Three years of experience as Cost Engineer or related role.
• Experience with activity-based costing, ED&D, and tooling cost estimation.

Responsibilities

• Develop and improve cost models for materials, tooling, and ED&D.
• Evaluate supplier quotes against estimates to support negotiations.
• Identify cost reduction opportunities and drive VAVE activities.
• Collaborate with Purchasing and Engineering to optimize costs.
• Train teammates on cost estimation processes.

Skills

ABC Costing

Cost Modeling

Data Analytics

Negotiations

Benchmarking

Education

Bachelor's degree in Business/Engineering

Tools

Costing software

Job description

## Cost EngineerApply: Hybrid: Warren, Michigan, United States of America: Full time: Posted Today: JR-202620764**Job Description****DUTIES:** Develop, grow, and continuously improve cost knowledge and cost modeling tools to enable confident and consistent ground up should cost estimating of materials, vendor tooling and ED&D for assigned components and sub-systems. Understand the range of GM and competitor design solutions for assigned components to understand options and cost implications.Leverage expertise of manufacturing processes, cost knowledge, and cost model tools to develop timely estimates and compelling cost insights to support new vehicle program teams in developing business cases, establishing targeted costs, and improving profitability. Evaluate supplier quotes vs. estimated costs (sourcings, engineering changes, etc.), to extract pertinentinsights on gaps and support Purchasing to drive data driven negotiations with suppliers to close gaps and achieve best costs. Identify, advocate, and support pursuit of savings opportunities both designing out cost/VAVE and addressing commercial gaps (current and future business). Strengthen cross-functional collaboration with Purchasing and Engineeringpartners. Work on special projects and assignments as required or where opportunities exist to improve cost results for GM or to improve process effectiveness and efficiency. Support development of process and estimating standards for various levels of supplier automation. Train new Cost Engineers on activity-based costing and GM tools required to support. Hybrid Work Policy - 3 days In-office. 2 days remote - Must be able to report to local office.**REQUIREMENTS**: Bachelor's degree in Business, Finance, Engineering, Mechatronic Engineering, or related field of study and Three (3) years of experience as a Cost Engineer, Launch Engineer, Product Engineer, or related role. Three (3) years of experience with: Activity Based Costing including material piece cost, ED&D and tooling from design math and “black box” physical sample tear down; Manufacturing Process experience including injection molding, stamping, brazing, aluminum extrusion, SMT/electronics, casting, machining and general assembly for high volume automotive component applications; Automotive Component experience with a variety of components; Automotive Tier 1 Supplier Quote Analysis; Commercial Negotiations including material piece cost, ED&D and vendor tooling with international Tier 1 automotive component suppliers; Design to Cost/VAVE, Cost Optimization, and Benchmarking; Data Analytics; and Costing software, demonstrating command of it, and training other people.