Cost Engineer

  • merkdataservices
  • Wilton, CT
  • 06/17/2020
Full time Construction

Job Description

The majority of the job is virtually making parts on our software to determine the optimal cost of the parts. You will report on the roll-up of the cost of each assembly. You will also meet with Design Engineers influencing the design based on the cost aspect. Finally, you will work with Purchasing to visit suppliers to negotiate technical costs.


Mechanical Engineering degree, or equivalent manufacturing experience.


8+ years of experience for practices of high end precision manufacturing of high precision mechanics & mechatronic assembly.
Thorough understanding and experience with the more advance manufacturing process’ like 5 Axis CNC Milling, CNC Turning, Laser/E-Beam welding, additive (3D printing) manufacturing, precision mechanics in vacuum, manufacturing automation / robotization, optical assemblies, manufacturing flow, etc.
Knowledge of manufacturability of raw material manufacturing like stainless steel, titanium, casting, extrusion, high end plastics, etc.
Understand supplier and supply chain (advanced) manufacturing capabilities and preferable their financial value stream and costs. Working in design teams,supplier account teams and suppliers.
Determine manufacturing strategies and create product costing of designs for high end precision parts and complex modules based on optimum serial and volume manufacturing effects.
Experience with manufacturing complex components and assemblies and a general understanding of costs.
Drive down Cost of parts and assemblies by influencing design on manufacturability & costs.
Creation of Manufacturing Process Flows for manufacturability and cost calculations based on those flows.
Collaborate with: Development & Engineering competences, Sourcing and Supply Chain Engineering.
Understand high precision, low volume, high mix manufacturing strategies – not high volume manufacturing

Personal skills

Drive faster learning curve effects and cost down.
Comfortable negotiating technical cost with suppliers (i.e. milling times, setup analysis, tooling, etc.)
Has excellent analytical and simulation skills for product costs and supplier Factory Standard Cost scenario’s.
Professional communication and convincing skills. Experiences on reporting cost validations, opportunities and risks.
Proactive member of design and supplier account teams.
Support and mentor designers with regard to design for manufacturing.

Context of the position

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The employee is required to move around the campus.
The employee may occasionally lift and/or move up to 20 pounds.
Will require travel dependent on company needs.
Can work under deadlines.
Can work in an open office environment.
Must be able to read and interpret data, information, and technical documents. Must be comfortable using metric units and understand ISO standards
Can observe and respond to people and situations and interact with others encountered in the course of work.
Can learn and apply new information or skills.