INNIO Group · 3 months ago
Cost Engineer - Global Sourcing
INNIO Group is a leader in energy solutions, and they are seeking a Cost Engineer – Global Sourcing to join their Procurement Team. The role focuses on performing detailed cost analysis, implementing target costing strategies, and driving cross-functional cost optimization initiatives to enhance efficiency and effectiveness.
EnergyManufacturingOil and Gas
Responsibilities
Perform detailed cost analysis focused on suppliers and market trends to guide procurement decisions
Implement target costing strategies for new product development (NPD) and ongoing projects
Lead benchmarking studies and market assessments to identify competitive advantages
Support integration of new technologies into sourcing strategies
Drive cross-functional cost optimization initiatives to enhance efficiency and effectiveness
Champion the Design-to-Cost approach to optimize product costs
Conduct supplier visits to uncover and implement cost-saving opportunities
Prepare insightful reports and presentations for stakeholders
Qualification
Required
Bachelor's degree in Engineering, Business, or related field (or equivalent experience)
Several years of professional experience; prior manufacturing engineering experience is a plus
Strong understanding of manufacturing processes, component production, and assembly
Proven ability to calculate and analyze component costs
Exceptional analytical skills, initiative, and assertiveness combined with team spirit
Independent, structured work style with a high degree of reliability
Benefits
A dynamic, international work environment with cutting-edge technology.
Opportunities for professional growth and career development.
Competitive compensation and benefits.
A chance to contribute to global sustainability goals and shape the future of energy.
Company
INNIO Group
INNIO Group is a global producer of reciprocating gas engines for power generation and mechanical drive.
H1B Sponsorship
INNIO Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (4)
Funding
Current Stage
Late StageTotal Funding
unknown2018-06-25Acquired
Leadership Team
Recent News
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