Senior Manager, Cost Engineer

Stanley Black and Decker Inc.; Towson (MD); Hybrid; USD 116,000 - 200,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k) + ESPP

Tuition reimbursement

Tool discounts

Job summary

Stanley Black & Decker Inc. seeks a Senior Manager, Cost Engineer for a hybrid role, combining on-site collaboration with remote work.

Lead enterprise cost engineering vision, establish standardized methodologies, and drive cost analytics integration into product development and sourcing to improve margins. You will collaborate with Global Procurement, category teams, and engineering leadership to identify opportunities and scale cost modeling across regions, ensuring governance and measurable

Qualifications

• Bachelor’s degree in Engineering or related field required; Mechanical, Manufacturing, Industrial, or similar discipline preferred.
• MBA or advanced technical/business degree preferred.
• 5+ years of experience in cost engineering, manufacturing, engineering, sourcing, or related technical/business functions, with increasing scope and leadership responsibility.
• Demonstrated experience leading should-cost modeling, cost analytics, value engineering, or design-to-cost initiatives in a manufacturing or product-driven environment.
• Experience scaling processes, tools, or analytical capabilities across multiple teams, business units, or regions.
• Proven success influencing cross-functional stakeholders across Engineering, Product Management, Sourcing, Operations, and Finance.
• Prior people leadership experience, including leading and developing technical teams.
• Experience in a global supply management or strategic sourcing environment preferred.

Responsibilities

• Define and lead the enterprise cost engineering vision, strategy, and roadmap to scale cost modeling capabilities across business units, product categories, and regions.
• Establish standardized methodologies, governance, and best practices for should-cost modeling, cost analytics, and cost transparency across the organization.
• Drive integration of cost engineering into product development, sourcing, portfolio planning, and margin improvement processes.
• Identify and prioritize high-impact opportunities where cost modeling can influence product strategy, design decisions, and sourcing outcomes.

Skills

Cost engineering

Should-cost modeling

Cost analytics

Value engineering

Design-to-cost

Cross-functional influence

Leadership

Global supply management

Education

Bachelor’s degree in Engineering or related field

MBA or advanced technical/business degree

Job description

Valley City, OH, United States

Remote

Towson, MD, United States

Full time

Senior Manager, Cost Engineer - Hybrid

This is a hybrid role with a minimum of 3 days on-site weekly is required

Valley City, OH -OR- Towson, MD, United States

Come make the world and accelerate your success.

It takes great people to achieve greatness. People with a sense of purpose and integrity. People with a relentless pursuit of excellence. People who care about making things better For Those Who Make The World™. Sound like you? Join our top-notch team of approximately 43,500 diverse and high-performing professionals globally who are making their mark on some of the world’s most beloved brands, including DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, and HUSTLER®.

The Job:

As a Senior Manager, Cost Engineer, you’ll be part of our Cost Engineering team working as a hybrid employee. You’ll get to:

Enterprise Cost Engineering Leadership

• Define and lead the enterprise cost engineering vision, strategy, and roadmap to scale cost modeling capabilities across business units, product categories, and regions.
• Establish standardized methodologies, governance, and best practices for should-cost modeling, cost analytics, and cost transparency across the organization.
• Drive integration of cost engineering into product development, sourcing, portfolio planning, and margin improvement processes.
• Identify and prioritize high-impact opportunities where cost modeling can influence product strategy, design decisions, and sourcing outcomes.

Supplier and Sourcing Support

• Collaborate with Global Procurement and category teams to identify strategic categories, suppliers, and components for cost modeling focus.
• Provide fact-based cost insights to support supplier negotiations, cost gap analysis, and sourcing strategy development.
• Strengthen negotiation readiness through should-cost analysis, market-informed assumptions, and executive-ready recommendations.
• Challenge supplier cost positions and identify opportunities for productivity, alternative sourcing, and total-cost improvement.

Value Engineering and Continuous Improvement

• Lead and expand cost engineering participation in VAVE, productivity, and cost optimization initiatives across the enterprise.
• Identify cost reduction opportunities through analysis of design, manufacturing processes, materials, and supply chain alternatives.
• Drive continuous improvement in cost engineering tools, processes, data quality, and organizational capability.
• Establish KPIs, reporting, and governance mechanisms to measure the maturity and impact of cost engineering across the enterprise.

The Person:

You love to learn and grow and be acknowledged for your valuable contributions. You’re not intimidated by innovation. Wouldn’t it be great if you could do your job and do a world of good? In fact, you embrace it. You also have:

• Bachelor’s degree in Engineering or related technical field required; Mechanical, Manufacturing, Industrial, or similar discipline preferred.
• MBA or advanced technical/business degree preferred.
• 5+ years of experience in cost engineering, manufacturing, engineering, sourcing, or related technical/business functions, with increasing scope and leadership responsibility.
• Demonstrated experience leading should-cost modeling, cost analytics, value engineering, or design-to-cost initiatives in a manufacturing or product-driven environment.
• Experience scaling processes, tools, or analytical capabilities across multiple teams, business units, or regions.
• Proven success influencing cross-functional stakeholders across Engineering, Product Management, Sourcing, Operations, and Finance.
• Prior people leadership experience, including leading and developing technical teams.
• Experience in a global supply management or strategic sourcing environment preferred.

The Details:

You’ll receive a competitive salary and a great benefits plan, including:

• Medical, dental, life, vision, disability, 401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.
• Discounts on Stanley Black & Decker tools and other partner programs.

And More:

We want our company to be a place you’ll want to be – and stay. Being part of our team means you’ll get to:

• Grow: Be part of our global company with 20+ brands to grow and develop your skills along multiple career paths.
• Learn: Have access to a wealth of learning resources, including our digital learning portal.
• Belong: Experience an awesome place to work, where we have mutual respect and a great appreciation for a wide range of perspectives and experiences.
• Give Back: Help us continue to make positive changes locally and globally through volunteerism, giving back, and sustainable business practices.

What’s more, you’ll get that pride that comes from empowering makers, doers, protectors, and everyday heroes all over the world. We’re more than the #1 tools company. More than a driving force in outdoor power equipment. More than a global leader in industrial. We’re visionaries and innovators. As successful as we’ve been in the past, we have so much further to go. That’s where you come in. Join us!

This role is not eligible for visa sponsorship (H1B, OPT/CPT, TN etc).

The Salary range for this position is $115,800.00 - $199,800.00

• This is the lowest to highest annual full-time salary range we would pay for this role at the time of this posting. The salary offered within the range may vary depending on multiple factors including job level, geographic location, job-related knowledge, skills, qualifications, experience and in compliance with local wage requirements. Please note that salary is only one component of total rewards at Stanley Black & Decker.
• The salary range listed in this job posting reflects the range for the primary location specified. The salary range may vary for other locations.
• The successful candidate may be eligible for annual merit increases.
• Medical, dental, life, vision, disability,401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.
• Discounts on Stanley Black & Decker tool sand other partner programs.

We Don’t Just Build The World, We Build Innovative Technology Too.

Joining the Stanley Black & Decker team means working in an innovative, tech-driven and highly collaborative team environment supported by over 43,500 professionals in 60 countries across the globe. Here, you’ll get the unique chance to impact some of the world’s most iconic brands including STANLEY TOOLS, DEWALT, CRAFTSMAN, MAC TOOLS and Black + Decker. Your ideas and solutions have the potential to reach millions of customers as we work together to write the next chapter in our history. Come build with us and take your career to new heights.

Who We Are

We’re the World’s largest tool company. We’re industry visionaries. We’re solving problems and advancing the manufacturing trade through innovative technology and our Industry 4.0 Initiative. We are committed to ensuring our state-of-the-art “smart factory” products and services provide greater quality to our customers & greater environmental and social value to our planet. We are unique in that we have a rich and storied history dating back to 1843, but that hasn't stopped us from evolving into a vibrant, diverse, global growth company.

What You’ll Also Get

Career Opportunity: Career paths aren’t linear here. Being part of our global company with 60+ brands gives you the chance to grow and develop your skills along multiple career paths.

Benefits & Perks

You’ll get a competitive salary and a comprehensive benefits plan that includes medical, dental, life, vision, wellness program, disability, retirement benefits, Employee Stock Purchase Plan, Paid Time Off, including paid vacation, holidays & personal days, and tuition reimbursement. And, of course, discounts on Stanley Black & Decker tools and products and well as discount programs for many other vendors and partners.

Learning & Development:

Our lifelong learning philosophy means you’ll have access to a wealth of state-of-the-art learning resources, including our Lean Academy and online university (where you can get certificates and specializations from renowned colleges and universities).

Diverse & Inclusive Culture:

We pride ourselves on being an awesome place to work. We respect and embrace differences because that’s how the best work gets done. You’ll find we like to have fun here, too.

Purpose-Driven Company:

You’ll help us continue to make positive changes in the local communities where we work and live as well as in the broader world through volunteerism, giving back and sustainable business practices.

EEO Statement:

All qualified applicants to Stanley Black & Decker are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran’s status or any other protected characteristic.

If you require reasonable accommodation to complete an application or access our website, please contact us at [phone] or at [e-mail] . Due to volume, we cannot respond to unrelated inquiries about the status of a completed application or resetting an account password.

Know Your Rights: Workplace discrimination is illegal (eeoc.gov) (http://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf)

This employer participates in the Work Opportunity Tax Credit (WOTC) program. Applicants may be asked to voluntarily provide information to determine eligibility. Any information provided will be kept confidentially other than as required to make the necessary WOTC disclosures and in accordance with applicable laws.

For the builders and protectors, for the makers and explorers, for those shaping and reshaping our world through hard work and inspiration, Stanley Black & Decker provides the tools and innovative solutions you can trust to get the job done—and we have since 1843.