Costing Engineer

Costing Engineer - 6-month contract position based in Foster City, California.

Responsibilities

• Provide guidance to designers and design engineers on proposed new or modified designs to achieve required function at minimum cost.
• Apply design for assembly (DFA) and design for manufacturing (DFM) tools to analyze proposed new designs and propose potential improvements.
• Work with engineering on a Design to Target approach in early product development planning.
• Develop cost targets for mechanical engine parts (castings, stamped parts, extrusions, and injection molded components) based on sample parts, CAD models, and engineering drawings.
• Develop cost targets for electrical engine parts (harness, PCB, PCB assemblies, DC motors, batteries) based on schematics, CAD models, and engineering drawings.
• Provide should-cost analysis reports to the procurement team for supplier negotiation purposes.
• Conduct competitive benchmarking and teardown analysis; develop should-cost models.
• Participate in value analysis (VA) and value engineering (VE) activities and generate cost reduction ideas for current production products.
• Present project cost updates, risks, and opportunities to senior management on a monthly basis.
• Serve as a cost information resource for assigned projects across the organization, including upper management, marketing, sales, engineering, finance, and manufacturing.
• Provide monthly cost reports and cost tracking for current products.

Qualifications

• Required

• Bachelor's degree in mechanical, manufacturing, industrial, or electrical engineering.

• 7-10 years of industry experience.

• Proficiency in BDI (Boothroyd Dewhurst Inc), A-priori, or related costing software.

• Ability to read and understand manufacturing drawings.

• Working knowledge of bill of material (BOM) development and application.

• Practical knowledge of VA/VE techniques and strong financial awareness.

• Functional understanding of 3D CAD software (Creo preferred).

• Proficiency in Microsoft Office.

• Ability to travel up to 10%.

• Preferred

• In-depth knowledge of manufacturing processes (casting, stamping, injection molding, extrusion, PCBA) and compatible materials.

• Lean Six Sigma Green Belt certification.