Cost Engineer

As a Cost Engineer, you will be responsible for identifying cost savings opportunities, leading cost down initiatives, and maintaining/updating cost records (for use by the Sales Team). You will work directly with Sales Engineers, Sourcing Managers, R&D engineers, and our Manufacturing team.

Job Duties and Responsibilities:

  • Drive cost saving initiatives based on your analysis of supply plans, cost history, and “total installed costs”
  • Manage the implementation of your cost savings initiatives and ensure that all associated groups implement the required changes
  • Update costs in our cost database by analyzing spend reports, supplier data, market trends and Vanderlande Product Data Books
  • Create cost records for brand new equipment – this will require an understanding of the mechanical and electrical equipment needed to build and install our systems
  • Perform should cost analysis of current and proposed designs
  • Review costs, gather data, and analyze the manufacturing times/costs within our Factory
  • Prepare presentation materials for pricing meetings
  • Create process maps for existing processes
  • Design and implement (new and improved) processes
  • Review, manage, and update cost data in the ERP system (JD Edwards)

Required Education and Experience:

  • Bachelor’s Degree in Engineering, Finance, Economics, Mathematics, Business or related field
  • Minimum of 5 years of relevant experience with developing and managing pricing or cost estimating
  • Experience with Manufacturing and Supply Chain processes

Preferred Qualifications:

  • Experience with the material handling industry
  • Experience with logistical processes and system design
  • Supervisory or leadership experience

Knowledge-Skills-Abilities (Competencies):

  • Expert level Excel Skills - Required
  • Familiarity with Sheet Metal Manufacturing, Machining, Welding, Injection Molding, Casting, Extrusions, Panel Wiring, etc. - Preferred
  • Hands on experience building/working on mechanical/electrical equipment (as a hobby or professionally) - Preferred
  • Intermediate skills with programing (VBA, SQL) - Preferred
  • Basic knowledge of databases
  • Basic knowledge of 3D Modeling and design
  • Strong networking skills to build constructive cross-functional relationships with an international team
  • Works well in multi-disciplinary team
  • Excellent English verbal and written communication skills. Must be able to read and understand Engineering Terminology.
  • Ability to lead change in a dynamic environment

pune, MH, IN