Costing Engineer

Katalyst CRO; Fond du Lac (WI); On-site; USD 85,000 - 120,000; Full time

Job summary

Katalyst CRO seeks a Cost Engineer to guide Designers and Engineers in achieving required function at minimum cost. You will apply DFA/DFM tools, participate in early product development planning, and develop cost targets for mechanical and electrical parts using CAD drawings and schematics.

Responsibilities include should-cost reports for procurement, benchmarking, VE/VA activities, and monthly cost updates across the organization. Travel up to 10% is required.

Qualifications

• Bachelor's degree in Mechanical, Manufacturing, Industrial or Electrical Engineering.
• 710 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 Materials, 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

DFA/DFM analysis

Design to Target

Should-cost analysis

VA/VE techniques

Cost reporting

Cost data sharing

Cost updates

Cross-functional collaboration

3D CAD understanding

Education

Bachelor's degree in Mechanical, Manufacturing, Industrial or Electrical Engineering

Tools

BDI (Boothroyd Dewhurst Inc)

A-priori costing software

Job description

• 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.

Job Description & Skill Requirement

• 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.

Required Qualifications

• Bachelor's degree in mechanical, Manufacturing, Industrial or Electrical Engineering.
• 710 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%.

Preferred Qualifications

• In-depth knowledge of Manufacturing processes (Casting, Stamping, Injection molding, extrusion, PCBA) and compatible materials.
• Lean Six Sigma Green Belt Preferred.