Hardware Cost Engineer: Optimize Cost and Supply Chain

Meta; Sunnyvale (CA); On-site; USD 168,000 - 234,000; Full time

Job summary

Meta Reality Labs is seeking a Product Cost Engineer to manage the financial health of hardware products from ideation to end of life. You will partner with Operations, Engineering, Product Management, Sourcing and Finance to drive budgets and supply chain continuity.

You will influence product architecture by supporting cross-functional decisions through trade-off analysis and establish cost targets early in development.

Qualifications

• BS or higher in Electrical Engineering, Mechanical Engineering, Manufacturing & Operations Engineering or equivalent experience.
• 5+ years of experience in product cost management roles in hardware technology products.
• Knowledge of Operations and Supply Chain with demonstrated effective communication skills.
• Experience adjusting to different communication styles and balancing non-cost variables.
• Problem solving, analytical and communication skills.

Responsibilities

• Support cross functional teams in active reporting and management of Total Cost per Unit including Materials, Capital Expenditures, Manufacturing Value Add (MVA), Warranty, Freight and others.
• Develop cost models to support cost and product category boundary decisions.
• Use cost models to drive supply chain and scalability strategies.
• Use your technical expertise to drive engineering and the supply chain team to meet program cost targets at a product and commodity level for your project.
• Engage Hardware teams at a technical level to identify and drive cost reduction opportunities.
• Track program actual costs versus targets to identify deltas and come up with corrective actions to bring the costs back on track.
• Outline, report and track all risks & opportunities related to product cost and drive them to closure.
• Lead cross-functional cost reviews to report actual versus target costs and risks and opportunities for your program.
• Actively participate in cross functional reviews to understand cost implications of operational, engineering and/or process changes.
• Work with both Sourcing and Engineering to align on Supplier Plan of Record (SPOR) to ensure low cost and stable supply.
• Ensure that best practices for cost management are shared across different teams.
• help create scalable processes documenting some of the best practices in the organization

Skills

Problem solving

Analytical skills

Communication skills

Education

Electrical Engineering

Mechanical Engineering

Manufacturing & Operations Engineering

Job description

Meta Reality Labs is seeking a Product Cost Engineer to manage the financial health of hardware products from ideation to end of life. You will partner with Operations, Engineering, Product Management, Sourcing and Finance to drive budgets and supply chain continuity.

You will influence product architecture by supporting cross-functional decisions through trade-off analysis and establish cost targets early in development.