Cost Engineer - Hybrid (Marine Propulsion)

Mercury Marine; Fond du Lac (WI); Hybrid; USD 74,000 - 106,000; Full time

Benefits offered by this job

Annual discretionary bonus

Comprehensive benefits package

Relocation assistance

Job summary

Mercury Marine, based in Fond du Lac, Wisconsin, seeks a Cost Engineer to develop analytical cost models, define target costs for new designs, review supplier quotes, and assist Buyers in negotiation. You will apply DFA/DFM methods and work with engineers on a Design to Target approach during early development.

You’ll develop cost targets for mechanical and electrical parts, provide should-cost reports to procurement, and support VA/VE activities to drive cost reductions across current products.

Qualifications

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

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 engineering

BOM reading

Creo CAD

DFM/ DFA

Cost targets

MS Office

Travel 10%

Education

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

Tools

BDI costing software

A-priori costing

Job description

Mercury Marine, based in Fond du Lac, Wisconsin, seeks a Cost Engineer to develop analytical cost models, define target costs for new designs, review supplier quotes, and assist Buyers in negotiation. You will apply DFA/DFM methods and work with engineers on a Design to Target approach during early development.

You’ll develop cost targets for mechanical and electrical parts, provide should-cost reports to procurement, and support VA/VE activities to drive cost reductions across current products.