Cost Engineer

General Motors; Warren (MI); Hybrid; USD 90,000 - 130,000; Full time

Job summary

General Motors is seeking a Cost Engineer to develop and improve cost knowledge, models, and tools for ground-up should-cost estimates of materials, tooling, and ED&D on assigned components.

You will work with Purchasing and Engineering teams to analyze quotes, close gaps, and drive data-driven negotiations with suppliers while identifying savings opportunities.

Qualifications

• Bachelor's degree in Business, Finance, Engineering, Mechatronic Engineering, or related field.
• Three (3) years of experience as a Cost Engineer, Launch Engineer, Product Engineer, or related role.
• Experience with activity-based costing, ED&D and tooling cost for automotive components.

Responsibilities

• Develop, grow, and improve cost knowledge and cost modeling tools for should-cost estimates.
• Evaluate supplier quotes vs. estimated costs to identify gaps and support negotiations.
• Collaborate with Purchasing and Engineering to drive data-driven cost reductions.
• Identify savings opportunities and pursue cost out initiatives (VAVE).
• Support development of costing standards and train others on GM tools.

Skills

Activity Based Costing

ED&D Costing

Tooling Costing

Automotive Component Costing

Tier 1 Negotiations

Cost Benchmarking

Data Analytics

Costing Software

Education

Bachelor's degree in Business, Finance, Engineering, Mechatronic Engineering, or related field

Tools

Costing software

Job description

Job DescriptionDUTIES: 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.#LI-DNIAbout GMOur vision is a world with Zero Crashes, Zero Emissions and Zero Congestion and we embrace the responsibility to lead the change that will make our world better, safer and more equitable for all.Why Join UsWe believe we all must make a choice every day – individually and collectively – to drive meaningful change through our words, our deeds and our culture. Every day, we want every employee to feel they belong to one General Motors team.Benefits OverviewFrom day one, we're looking out for your well-being–at work and at home–so you can focus on realizing your ambitions. Learn how GM supports a rewarding career that rewards you personally by visiting Total Rewards resources .Non-Discrimination and Equal Employment Opportunities (U.S.)General Motors is committed to being a workplace that is not only free of unlawful discrimination, but one that genuinely fosters inclusion and belonging. We strongly believe that providing an inclusive workplace creates an environment in which our employees can thrive and develop better products for our customers.All employment decisions are made on a non-discriminatory basis without regard to sex, race, color, national origin, citizenship status, religion, age, disability, pregnancy or maternity status, sexual orientation, gender identity, status as a veteran or protected veteran, or any other similarly protected status in accordance with federal, state and local laws.We encourage interested candidates to review the key responsibilities and qualifications for each role and apply for any positions that match their skills and capabilities. Applicants in the recruitment process may be required, where applicable, to successfully complete a role-related assessment(s) and/or a pre-employment screening prior to beginning employment. To learn more, visit How we Hire .AccommodationsGeneral Motors offers opportunities to all job seekers including individuals with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, email us or call us at 1-800-865-7580. In your email, please include a description of the specific accommodation you are requesting as well as the job title and requisition number of the position for which you are applying.