Production Cost Engineer

Bestlogic Staffing; Farmington (CT); On-site; USD 70,000 - 90,000; Full time

Job summary

Bestlogic Staffing is seeking a Production Cost Engineer in Farmington, Connecticut. You'll be responsible for analyzing and improving production costs across multiple lines, serving as a key interface between functions to drive cost reduction initiatives.

This role includes conducting cost analyses, leading stakeholder meetings, and supporting project engineers with localized project evaluations. An ideal candidate has a Bachelor's in Engineering or Business and experience in manufacturing environments.

Qualifications

• 1–3 years of experience in manufacturing cost engineering or related fields.
• Experience with variance analysis and manufacturing KPIs.
• Strong project management skills and leadership experience.

Responsibilities

• Analyze and improve manufacturing cost benchmarks.
• Lead monthly cost review meetings with stakeholders.
• Support project engineers with cost analyses for projects.

Skills

Manufacturing cost engineering

Cost benchmarking

Project management

Analytical skills

Advanced Excel

Communication skills

Education

Bachelor's degree in relevant engineering or business

Tools

SAP

Power BI

Job description

The Production Cost Engineer is responsible for analyzing, benchmarking, and improving manufacturing costs across multiple production lines. This role acts as a key interface between production, engineering, controlling, and global lead plants to ensure cost transparency, identify cost drivers, and execute cost-reduction initiatives. The position supports both day‑to‑day cost monitoring and long‑term cost strategy, including localization and process improvement projects.

Cost Analysis, Benchmarking & Target Setting

• Review and analyze monthly group production cost reports; identify cost variances, root causes, and corrective actions.
• Perform benchmark analyses of assembly hours and fabrication costs against lead plants.
• Define cost and time deltas vs. lead plants and develop project‑based action plans to close gaps.
• Define and maintain cost‑per‑hour targets for fabrication processes; lead initiatives to achieve target levels.
• Review manufacturing overhead (MOH) calculations monthly with Controlling; summarize key changes, drivers, and risks.

Stakeholder Coordination & Reporting

• Lead monthly cost review meetings with each lead plant to review production costs, cost measures, and project status.
• Facilitate cross‑functional meetings with stakeholders responsible for cost measures and project execution.
• Support and coordinate cost‑measure investigations, including data collection, analysis, and follow‑up actions.
• Provide monthly or quarterly cost and project performance updates to senior leadership covering all assigned product lines.

Project Engineering Support & Project Management

• Support project engineers with cost analyses for localization projects, including business‑case evaluations and financial impact assessments.
• Plan, manage, and execute concurrent improvement, cost‑saving, and localization projects ensuring on‑time delivery and realized financial benefits.
• Develop and maintain structured project plans with scope, timelines, risk analyses, and cost strategies; monitor and report progress to senior leadership.

Experience

• 1–3 years in manufacturing cost engineering, production engineering, or process improvement, preferably in sheet metal fabrication environments.
• Experience in cost benchmarking, variance analysis, and manufacturing KPI management.
• Strong project management skills; experience leading cross‑site projects and stakeholder meetings.
• Advanced Excel skills (PivotTables, Power Query); SAP and Power BI experience preferred.
• Strong analytical, organizational, and communication skills; willingness to work on the shop floor and travel occasionally.

Education

Bachelor's degree in Industrial Engineering, Mechanical Engineering, Manufacturing Engineering, Business Administration (operations focus), or equivalent.

BestLogic Staffing is proud to be an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, or any other characteristic protected by law.

Your Right to Work In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.