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Astemo Ltd. · 1 day ago

Cost Engineer - J0049132

Greenfield, IN

Full-time

Hybrid

Mid Level

Astemo Ltd. is seeking a Cost Engineer to provide cost modeling and should-cost expertise for their xEV Business Unit. This role involves creating and analyzing supplier component costs, implementing cost databases, and collaborating with various teams to ensure competitive pricing while maintaining product quality.

AutomotiveAutonomous VehiclesIndustrial ManufacturingManufacturingTransportation

Responsibilities

The Cost Engineer is responsible for creating, analyzing, and validating supplier component material costs and targets

Lead the creation of detailed should-cost models for supplier components within the xEV Business Unit, providing data-driven insights for critical decision-making

Serve as the technical expert in should-cost modeling and Value Analysis / Value Engineering (VAVE), identifying cost reduction strategies

Working within the Business Unit Procurement team, the Cost Engineer will generate detailed material cost estimates, including piece price and production tooling estimations

Analyze, organize, and understand large amounts of data

Comprehend manufacturing processes, including regional differences in manufacturing assumptions

Occasionally travel to supplier facilities for enhanced costing collaboration and support

Solve unique and sometimes complex problems using data-driven analysis to identify solutions, establish next steps, and manage open items

Support should-cost and clean sheet analysis to Global Direct Purchasing Gr. for supporting negotiation, sourcing, new project part costing within the xEV BU

Collaborate with xEV Design Engineering and BU Purchasing to provide should-cost analysis for supporting supplier VEC, new product material costing

Create cooperation conditions between Hitachi Astemo Engineering and suppliers to use their best competences, knowledge, expertise, for supporting our product development

Build component should-cost database of component level parts to support prompt estimation and response to customer RFI/RFQ

Improvement of supplier competitiveness and operational performance through corporative on site Gemba workshop

Ability to lead change, resolve conflicts, and influence without direct authority

Qualification

Cost modeling methodsCost EngineeringProcurement experienceAnalytical skillsProject ManagementCommunication & PresentationHigh AccountabilityFluent in English/JapaneseCollaboration & TeamworkProblem Solving

Required

BS/MS degree in relevant technical discipline

Professional knowledge of cost modeling methods and tools

Ability to read and understand design/manufacturing drawings and technical specifications

The candidate will need to travel to suppliers and/or Hitachi locations as required. Some international travel may also be required

Preferred

Procurement, Design, or Engineering experience in EV Motor, Inverter, or Drive Unit manufacturing

Fluent in English/Japanese helpful

Company

Astemo Ltd.

In January 2021, Hitachi Automotive Systems, Keihin, Showa, and Nissin Kogyo completed a business merger and began their journey as the global mega-supplier “Hitachi Astemo”.

Founded in 2021