Cost Engineer Manager

Stanley Black & Decker; Valley City (IL); Hybrid; USD 96,000 - 154,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k)

Employee Stock Purchase Plan

Tuition reimbursement

Discounts on tools and partner brands

Job summary

Stanley Black & Decker in Valley City, OH or Towson, MD, hybrid role, seeks a Cost Engineer Manager to drive cost modeling, savings, and supplier negotiation strategies. You’ll train engineers, lead VAVE events, and leverage DFMA/Cleansheet tools to develop accurate cost models.

You will work with cross-functional teams, apply lean principles, and contribute to continuous improvement in manufacturing costs and supplier negotiations.

Qualifications

• Bachelor’s degree in engineering or related technical field.
• 5+ years engineering experience in manufacturing/design of mechanical products.
• Experience in Global Supply Management environment.
• Lean and quality experience.
• Knowledge of machining, injection molding, packaging, die casting, forging, electronics assembly, and stamping.
• Cost estimating knowledge and ability to drive cost reductions.
• Ability to analyze data, identify cost drivers and develop cost options.
• Experience with CAD and PLM tools.
• Ability to challenge supplier costing and collaborate with sourcing.

Responsibilities

• Collaborate with Lead Category Managers to build roadmaps for future lines and components to cost model.
• Execute and manage cost modeling using SBD methods.
• Identify cost savings opportunities for supplier negotiations.
• Support development of negotiation strategies with fact-based arguments.
• Lead team efforts in VAVE events as core competency.
• Pursue continuous improvements in costing of sourced products/components.
• Educate stakeholders in should-cost methodology and negotiations.
• Utilize tools like apriori, DFMA, Cleansheet for cost analytics.
• Develop training modules for leaders and GSM team.
• Lead and upskill cost engineers.

Skills

Cost modeling

Roadmapping

Cost reduction

VAVE

Negotiation support

Team leadership

Data analysis

Lean manufacturing

Education

Bachelor’s degree in engineering

Tools

CAD

PLM

DFMA

Apriori

Cleansheet

Job description

Cost Engineer Manager - Hybrid

This is a hybrid role with a minimum of 3 days on-site weekly is required

Valley City, OH -OR- Towson, MD, United States

Come make the world and accelerate your success.

It takes great people to achieve greatness. People with a sense of purpose and integrity. People with a relentless pursuit of excellence. People who care about making things better For Those Who Make The World. Sound like you? Join our top-notch team of approximately 43,500 diverse and high-performing professionals globally who are making their mark on some of the world’s most beloved brands, including DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, and HUSTLER®.

The Job:

• Working closely with Lead Category Managers (LCM) to build roadmaps for future product lines and components to be cost modeled
• Execute and manage cost modeling by SBD cost modeling methods and outputs
• Identify cost savings opportunities and strategies to be used by LCMs in leveraging supplier negotiations
• Support development of negotiation strategies using fact-based arguments for use in negotiation decks
• Lead team efforts to participate in VAVE events as a part of team’s core competencies
• Pursue continuous improvements in the costing of sourced products/components and share analytical results with sourcing managers
• Train and educate relevant SBD stakeholders in should cost methodology and negotiations, with an emphasis on development of technical knowledge relevant to cost modeling
• Utilize the costing tools like apriori, DFMA, Cleansheet etc, in developing cost models and for cost analytics
• Develop training modules that will educate SBU leaders and the overall GSM team on cost modeling and its usefulness in supplier negotiations
• Lead and upskill team of cost engineers

The Person:

• Bachelor’s degree in engineering or other related technical field, preferably with a focus in Manufacturing / Mechanical Engineering
• 5+ years engineering experience, preferably focused on the manufacturing and/or design of mechanical products (particularly with a Design for Manufacturability focus)
• Experience working in the Global Supply Management Environment
• Lean and quality experience
• Strong understanding of various manufacturing technologies such as machining, injection molding, Packaging, die casting, forging, electronics assembly, Wire harness and stamping
• Cost Estimating Knowledge - Knowledgeable of typical sources and costs for common components
• Ability to apply technical knowledge toward cost reductions (Productivity) in area of expertise
• Ability to identify cost drivers and deep dive to prepare reports
• Ability to work with multiple sources of data and assumptions, generate effective cost options, and analyze resulting cost models to test and refine estimates
• Experience with Lean manufacturing and effects of manufacturing costs that are driven by product design
• Experience in CAD and PLM (Product Lifecycle Management software)
• Knowledge in sources of supply and potential suppliers in various categories
• Ability to challenge supplier costing and work with sourcing team to pursue cost gaps and search for opportunities

The Details:

You’ll receive a competitive salary and a great benefits plan, including:

• Medical, dental, life, vision, disability, 401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.
• Discounts on Stanley Black & Decker tools and other partner programs.

And More:

We want our company to be a place you’ll want to be – and stay. Being part of our team means you’ll get to:

• Grow: Be part of our global company with 20+ brands to grow and develop your skills along multiple career paths.

• Learn: Have access to a wealth of learning resources, including our digital learning portal.
• Belong: Experience an awesome place to work, where we have mutual respect and a great appreciation for a wide range of perspectives and experiences.
• Give Back: Help us continue to make positive changes locally and globally through volunteerism, giving back, and sustainable business practices.

What’s more, you’ll get that pride that comes from empowering makers, doers, protectors, and everyday heroes all over the world. We’re more than the #1 tools company. More than a driving force in outdoor power equipment. More than a global leader in industrial. We’re visionaries and innovators. As successful as we’ve been in the past, we have so much further to go. That’s where you come in. Join us!

This role is not eligible for visa sponsorship (H1B, OPT/CPT, TN etc).

The Salary range for this position is $95,600.00 - $153,900.00

• This is the lowest to highest annual full-time salary range we would pay for this role at the time of this posting. The salary offered within the range may vary depending on multiple factors including job level, geographic location, job-related knowledge, skills, qualifications, experience and in compliance with local wage requirements. Please note that salary is only one component of total rewards at Stanley Black & Decker.
• The salary range listed in this job posting reflects the range for the primary location specified. The salary range may vary for other locations.
• The successful candidate may be eligible for annual merit increases.
• Medical, dental, life, vision, disability,401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.
• Discounts on Stanley Black & Decker tool sand other partner programs.

We Don’t Just Build The World, We Build Innovative Technology Too.

Joining the Stanley Black & Decker team means working in an innovative, tech-driven and highly collaborative team environment supported by over 43,500 professionals in 60 countries across the globe. Here, you’ll get the unique chance to impact some of the world’s most iconic brands including STANLEY TOOLS, DEWALT, CRAFTSMAN, MAC TOOLS and Black + Decker. Your ideas and solutions have the potential to reach millions of customers as we work together to write the next chapter in our history. Come build with us and take your career to new heights.

Who We Are

We’re the World’s largest tool company. We’re industry visionaries. We’re solving problems and advancing the manufacturing trade through innovative technology and our Industry 4.0 Initiative. We are committed to ensuring our state-of-the-art “smart factory” products and services provide greater quality to our customers & greater environmental and social value to our planet. We are unique in that we have a rich and storied history dating back to 1843, but that hasn't stopped us from evolving into a vibrant, diverse, global growth company.

What You’ll Also Get

Career Opportunity: Career paths aren’t linear here. Being part of our global company with 60+ brands gives you the chance to grow and develop your skills along multiple career paths.

Benefits & Perks

You’ll get a competitive salary and a comprehensive benefits plan that includes medical, dental, life, vision, wellness program, disability, retirement benefits, Employee Stock Purchase Plan, Paid Time Off, including paid vacation, holidays & personal days, and tuition reimbursement. And, of course, discounts on Stanley Black & Decker tools and products and well as discount programs for many other vendors and partners.

Learning & Development:

Our lifelong learning philosophy means you’ll have access to a wealth of state-of-the-art learning resources, including our Lean Academy and online university (where you can get certificates and specializations from renowned colleges and universities).

Diverse & Inclusive Culture:

We pride ourselves on being an awesome place to work. We respect and embrace differences because that’s how the best work gets done. You’ll find we like to have fun here, too.

Purpose-Driven Company:

You’ll help us continue to make positive changes in the local communities where we work and live as well as in the broader world through volunteerism, giving back and sustainable business practices.

EEO Statement:

All qualified applicants to Stanley Black & Decker are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran’s status or any other protected characteristic.

If you require reasonable accommodation to complete an application or access our website, please contact us at [phone] or at [e-mail]. Due to volume, we cannot respond to unrelated inquiries about the status of a completed application or resetting an account password.

Know Your Rights: Workplace discrimination is illegal (eeoc.gov)