Hybrid Cost Engineering Manager: Lead Costing & Savings

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

Benefits offered by this job

Discounts on Stanley Black & Decker...

Tuition reimbursement

Job summary

Stanley Black & Decker, Inc. is seeking a Cost Engineer Manager for a hybrid role based in Valley City, OH or Towson, MD. You will lead cost modeling initiatives, develop roadmaps with Lead Category Managers, and drive supplier negotiations with fact-based analyses.

You’ll oversee a team of cost engineers, train stakeholders in should-cost methods, and apply DFMA, Cleansheet and other tools to analyze and reduce costs across multiple product lines.

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 manufacturing technologies such as machining, injection molding, packaging, die casting, forging, electronics assembly, wire harness and stamping.
• Cost estimating knowledge.
• Ability to apply technical knowledge toward cost reductions in area of expertise.
• Ability to identify cost drivers and prepare reports.
• Experience with CAD and PLM.
• Ability to challenge supplier costing and work with sourcing team to pursue cost gaps and opportunities.

Responsibilities

• Working closely with Lead Category Managers 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 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 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.

Skills

5+ years engineering experience

Lean manufacturing

Cost reductions

Cost drivers analysis

Data analysis

Global supply management

Manufacturing engineering

Education

Bachelor's degree in engineering or related technical field

Tools

CAD

PLM

Job description

Stanley Black & Decker, Inc. is seeking a Cost Engineer Manager for a hybrid role based in Valley City, OH or Towson, MD. You will lead cost modeling initiatives, develop roadmaps with Lead Category Managers, and drive supplier negotiations with fact-based analyses.

You’ll oversee a team of cost engineers, train stakeholders in should-cost methods, and apply DFMA, Cleansheet and other tools to analyze and reduce costs across multiple product lines.