Cost Engineer

Parker Hannifin; Woburn (MA); On-site; USD 71,000 - 117,000; Full time

Benefits offered by this job

Participation in Annual Incentive Plan

Job summary

Parker Hannifin is seeking a Cost Engineer in the United States to support quotes, cost estimation, and manufacturing feasibility studies. You will maintain item masters, assess changes to BOMs, and ensure cost targets are met across division products.

This role emphasizes collaboration with engineering, manufacturing, and sales teams. The position requires a Bachelor’s degree in engineering and 0–2+ years in manufacturing, with experience in mechanical design or Inventor highly valued.

Qualifications

• 0-2+ years’ experience in a manufacturing environment required.
• Mechanical design, Inventor experience or any other preferred.
• Must have excellent communication and computer skills.
• Product Data Management software experience preferred, Enovia.
• Must be a US Citizen or have US Permanent Resident Status.

Responsibilities

• Develop timely and accurate cost data and technical information for new and existing products.
• Develop product structures/manufacturing methods for new and existing products.
• Assess customer Requests for Quote for feasibility and Quality Note implications.
• Create item masters for new products and maintain item masters for existing products.
• Ensure Engineering Change Order and Management of Change processes have been followed before implementing changes to Bills of Material and Item Masters.
• Provide cost data for customer quotes within defined service level agreement times (Quote P75).
• Review and ensure effective use of materials, tools, equipment and production personnel to reach target cost/price for all division products.
• Act as engineering liaison and provide guidance to customers regarding design concepts and specifications to best utilize division equipment and manufacturing capacity.
• Release new products to the actual production runs.
• Up-front involvement with business units on manufacturing approach required to reach target cost/price.
• Provide advice and counsel on technical issues.
• Interact with customers and suppliers, as well as manufacturing, engineering and sales personnel on daily basis.
• Other duties may be assigned

Skills

Communication

Computer Skills

Mechanical Design

Inventor

Education

Bachelor’s Degree in Engineering

Tools

Enovia

Job description

Org Marketing Statement

Parker Hannifin, a Fortune 250 company, is solving the world’s greatest engineering challenges and driving the future of electronics technology. Parker Chomerics is part of a world leader in the development and manufacture of high-quality products that enable engineering breakthroughs for a cleaner and more sustainable world, including thermal interface materials, EMI shielding solutions, electrical grounding products, and conductive and non-conductive injection molded plastics.

Org Marketing Statement

Parker Hannifin, a Fortune 250 company, is solving the world’s greatest engineering challenges and driving the future of electronics technology. Parker Chomerics is part of a world leader in the development and manufacture of high-quality products that enable engineering breakthroughs for a cleaner and more sustainable world, including thermal interface materials, EMI shielding solutions, electrical grounding products, and conductive and non-conductive injection molded plastics.

Building on 100 years in business, we strive to balance evolving our business while strengthening the communities we operate in and prioritizing our employees’ well-being. We are committed to maintaining an inclusive, caring, and friendly work environment, and we support career advancement through continued education, skill development, and regional and global advancement opportunities. If you’re looking for a fast-paced, collaborative environment where you can be at the cutting edge of engineering solutions, we can’t wait to meet you.

Position Summary

The Cost Engineer position is collaborative and team oriented. The team will work to perform routine customer quotation support actions, including performing engineering investigations to determine manufacturing feasibility and cost estimates for new and existing products. The Cost Engineer position is responsible for controlling and maintaining product item master records as well as reviewing manufacturing capabilities and standards to drive effective design and part development.

Responsibilities

• Develop timely and accurate cost data and technical information for new and existing products.
• Develop product structures/manufacturing methods for new and existing products.
• Assess customer Requests for Quote for feasibility and Quality Note implications.
• Create item masters for new products and maintain item masters for existing products.
• Ensure Engineering Change Order and Management of Change processes have been followed before implementing changes to Bills of Material and Item Masters.
• Provide cost data for customer quotes within defined service level agreement times (Quote P75)
• Review and ensure effective use of materials, tools, equipment and production personnel to reach target cost/price for all division products.
• Act as engineering liaison and provide guidance to customers regarding design concepts and specifications to best utilize division equipment and manufacturing capacity.
• Release new products to the actual production runs.
• Up-front involvement with business units on manufacturing approach required to reach target cost/price.
• Provide advice and counsel on technical issues.
• Interact with customers and suppliers, as well as manufacturing, engineering and sales personnel on daily basis.
• Other duties may be assigned

Qualifications

• Bachelor’s Degree in an Engineering discipline required.
• 0-2+ years’ experience in a manufacturing environment required.
• Mechanical design, Inventor experience or any other preferred.
• Must have excellent communication and computer skills.
• Product Data Management software experience preferred, Enovia
• Must be a US Citizen or have US Permanent Resident Status.

Conditions of Employment

This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.

Competitive Compensation

Pay, Benefits, Work Schedule

• Pay Range: $70890 to $117300 annually
• Participation in Annual Incentive Program

Benefit & Retirement Plans

Parker Offers Competitive Benefit Programs, Including

• Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
• 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
• Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
• Career development and tuition reimbursement.
• Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
• Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
• Paid Time Off and Company-Paid Holidays.

Equal Employment Opportunity

Parker is an Equal Opportunity and Aff… Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.

(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission

Drug Tests

Drug-Free Workplace

In accordance with Parker’s policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.