Cost Engineer ICE Engine
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Stellantis
Lake Angelus, MI (In Person)
Full-Time
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Job Description
Cost Engineer (Propulsion - Ice Engine) develops direct material costs and tooling investments for vehicle specific components using activity-based costing methodology while working from bill of materials, drawings and/or samples. Cost Engineer responsibilities will include utilizing Stellantis component cost methodologies and processes to develop, analyze, and provide guidance for cost convergence to internal stakeholders. Cost Engineer will assist the worldwide teams with technical cost evaluation services to estimate component costs for projects in advanced through serial life cycle phases. An ability to be agile, curious, and an engaging cross functional teammate is required to support cost evaluation activities within a global organization.
Key deliverables:
Development of component costs for new programs ("cost engineering estimate" at initial concept; "should cost calculation" through bottom-up approach for new & modified purchased components based on the 'how it's made' manufacturing process)Provide Engineering support during vehicle development phase for target achievement (Design to Cost)Development of tooling costs for new programsProvide purchasing support during supplier negotiations through gap analysis of supplier's price breakdown detailSupport of the Global Cost Initiative and World Wide Component Cost comparisons/studiesSupport of Benchmarking and Value Optimization (VO) activities including support of serial life should cost requestsThe CE works closely with Engineering, Buyer, other internal department functions, Finance and supplier representativesKey responsibilities include but not limited to:
Research relevant market trends, industrial standards, and innovationsPerform Competitive Benchmarking and suggest value optimization ideas to programs to ensure the competitiveness of Stellantis solutionsIdentify potential cost optimization opportunities and support company technical cost reduction activities. This may include periodic Supplier visits to maintain & improve internal know-how of manufacturing processes & best practicesProvide global component cost comparison analysis by working within the Cost Engineering community
Working knowledge of component development and the steps required to deliver a solutionFamiliarity with Cost Model elements and how to apply Activity Based Costing to component cost developmentCost Engineer (Propulsion - Ice Engine) develops direct material costs and tooling investments for vehicle specific components using activity-based costing methodology while working from bill of materials, drawings and/or samples. Cost Engineer responsibilities will include utilizing Stellantis component cost methodologies and processes to develop, analyze, and provide guidance for cost convergence to internal stakeholders. Cost Engineer will assist the worldwide teams with technical cost evaluation services to estimate component costs for projects in advanced through serial life cycle phases. An ability to be agile, curious, and an engaging cross functional teammate is required to support cost evaluation activities within a global organization.
Key deliverables:
Development of component costs for new programs ("cost engineering estimate" at initial concept; "should cost calculation" through bottom-up approach for new & modified purchased components based on the 'how it's made' manufacturing process)Provide Engineering support during vehicle development phase for target achievement (Design to Cost)Development of tooling costs for new programsProvide purchasing support during supplier negotiations through gap analysis of supplier's price breakdown detailSupport of the Global Cost Initiative and World Wide Component Cost comparisons/studiesSupport of Benchmarking and Value Optimization (VO) activities including support of serial life should cost requestsThe CE works closely with Engineering, Buyer, other internal department functions, Finance and supplier representativesKey responsibilities include but not limited to:
Research relevant market trends, industrial standards, and innovationsPerform Competitive Benchmarking and suggest value optimization ideas to programs to ensure the competitiveness of Stellantis solutionsIdentify potential cost optimization opportunities and support company technical cost reduction activities. This may include periodic Supplier visits to maintain & improve internal know-how of manufacturing processes & best practicesProvide global component cost comparison analysis by working within the Cost Engineering communityAt Stellantis, we assess candidates based on qualifications, merit, and business needs. We welcome applications from all people without regard to sex, age, ethnicity, nationality, religion, sexual orientation, disability, or any characteristic protected by law. We believe that diverse teams reflect our identity as a global company, enabling us to better address the evolving needs of our customers and care for our future. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled.
Key deliverables:
Development of component costs for new programs ("cost engineering estimate" at initial concept; "should cost calculation" through bottom-up approach for new & modified purchased components based on the 'how it's made' manufacturing process)Provide Engineering support during vehicle development phase for target achievement (Design to Cost)Development of tooling costs for new programsProvide purchasing support during supplier negotiations through gap analysis of supplier's price breakdown detailSupport of the Global Cost Initiative and World Wide Component Cost comparisons/studiesSupport of Benchmarking and Value Optimization (VO) activities including support of serial life should cost requestsThe CE works closely with Engineering, Buyer, other internal department functions, Finance and supplier representativesKey responsibilities include but not limited to:
Research relevant market trends, industrial standards, and innovationsPerform Competitive Benchmarking and suggest value optimization ideas to programs to ensure the competitiveness of Stellantis solutionsIdentify potential cost optimization opportunities and support company technical cost reduction activities. This may include periodic Supplier visits to maintain & improve internal know-how of manufacturing processes & best practicesProvide global component cost comparison analysis by working within the Cost Engineering community
Basic Qualifications:
Bachelor of Science degree in Industrial/Manufacturing Engineering or related scientific fieldA minimum of 5 years of experience in the Auto industryExcellent communication skills and ability to create high quality presentation materials and reports for presentation to management levelsMust demonstrate a high level of organization and ability to track a high number of part numbers and part complexityProficient in MS Office suite of tools including PowerPoint, Excel and WordAbility to interface with all levels of the enterprise, across multiple organizations and regionsFamiliarity to ICE Engine design, components, and manufacturing processesPreferred Qualifications:
Master of science degree in Industrial/Manufacturing Engineering preferred.Working knowledge of component development and the steps required to deliver a solutionFamiliarity with Cost Model elements and how to apply Activity Based Costing to component cost developmentCost Engineer (Propulsion - Ice Engine) develops direct material costs and tooling investments for vehicle specific components using activity-based costing methodology while working from bill of materials, drawings and/or samples. Cost Engineer responsibilities will include utilizing Stellantis component cost methodologies and processes to develop, analyze, and provide guidance for cost convergence to internal stakeholders. Cost Engineer will assist the worldwide teams with technical cost evaluation services to estimate component costs for projects in advanced through serial life cycle phases. An ability to be agile, curious, and an engaging cross functional teammate is required to support cost evaluation activities within a global organization.
Key deliverables:
Development of component costs for new programs ("cost engineering estimate" at initial concept; "should cost calculation" through bottom-up approach for new & modified purchased components based on the 'how it's made' manufacturing process)Provide Engineering support during vehicle development phase for target achievement (Design to Cost)Development of tooling costs for new programsProvide purchasing support during supplier negotiations through gap analysis of supplier's price breakdown detailSupport of the Global Cost Initiative and World Wide Component Cost comparisons/studiesSupport of Benchmarking and Value Optimization (VO) activities including support of serial life should cost requestsThe CE works closely with Engineering, Buyer, other internal department functions, Finance and supplier representativesKey responsibilities include but not limited to:
Research relevant market trends, industrial standards, and innovationsPerform Competitive Benchmarking and suggest value optimization ideas to programs to ensure the competitiveness of Stellantis solutionsIdentify potential cost optimization opportunities and support company technical cost reduction activities. This may include periodic Supplier visits to maintain & improve internal know-how of manufacturing processes & best practicesProvide global component cost comparison analysis by working within the Cost Engineering communityAt Stellantis, we assess candidates based on qualifications, merit, and business needs. We welcome applications from all people without regard to sex, age, ethnicity, nationality, religion, sexual orientation, disability, or any characteristic protected by law. We believe that diverse teams reflect our identity as a global company, enabling us to better address the evolving needs of our customers and care for our future. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled.
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