Cost Engineer: Target Cost & Value Engineering (Hybrid)

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

Benefits offered by this job

Medical, dental, vision

Paid vacation

401k up to 4% match

Health Savings Account with company

Product purchase discounts

Job summary

Brunswick Corporation, based in Fond du Lac, Wisconsin, seeks a Cost Engineer to develop analytical cost models, set target costs for new designs, and support supplier negotiations.

You will apply DFA/DFM, create cost targets for mechanical and electrical parts, and present monthly cost updates to management. This role demands 3–5 years of engineering costing experience and travel up to 10%.

Qualifications

• Bachelor’s degree in Mechanical, Manufacturing, Industrial or Electrical Engineering.
• 3–5 years of industry experience.
• Proficient in BDI (Boothroyd Dewhurst Inc), A-priori or related costing software.
• Ability to read and understand manufacturing drawings.
• Working knowledge of a Bill of Material, its development and application.
• Practical knowledge of VA/VE techniques and strong financial awareness.
• Functional understanding of 3D CAD software (Creo Preferred).
• Proficient in Microsoft Office.
• Travel up to 10%.

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 estimation

Reading drawings

3D CAD comprehension

Financial awareness

Education

Bachelor’s in Mechanical/Manufacturing/Industrial or Electrical Eng

Tools

BDI Boothroyd Dewhurst

A-priori costing software

Creo CAD

MS Office

Job description

Brunswick Corporation, based in Fond du Lac, Wisconsin, seeks a Cost Engineer to develop analytical cost models, set target costs for new designs, and support supplier negotiations.

You will apply DFA/DFM, create cost targets for mechanical and electrical parts, and present monthly cost updates to management. This role demands 3–5 years of engineering costing experience and travel up to 10%.