Purchasing Cost Engineer jobs in United States
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LER TechForce ยท 2 days ago

Purchasing Cost Engineer

positionTroy, MI
timeFull-time
remoteOnsite
senioritySenior Level
date7+ years exp

LER TechForce is seeking a Purchasing Cost Engineer with a focus on Electronics. This role is responsible for leading cost estimation activities, maintaining cost models for purchased components, and collaborating with various teams to ensure competitive sourcing and program decisions.

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H1B Sponsor Likelynote

Responsibilities

Building and maintaining component cost model for mechanical and electrical components as well as component tooling
Identify cost savings opportunities within purchased commodities by proactively analyzing cost drivers and partnering with the Commodity Buyer team to achieve cost reductions
Serve as the lead for all TCO submissions for purchased components across all customer RFQ
Collaborate with Engineering, Manufacturing and Quality on new product designs, and investigate new technical partners as needed for support development with a strong focus on early supplier involvement for new products and customer quotes
Support the Commodity Buyer team for sourcing activities on new awarded programs
Monitor raw material and component industry trends for early detection of cost opportunities and risks

Qualification

Cost estimationCost model developmentRFQ processesNegotiation acumenFinancial analysisTechnical abilityVA/VE methodologiesCross-functional collaborationCampfire softwareInterdisciplinary teamworkWorking under pressure

Required

Bachelor Degree in Business, Finance, Purchasing, Supply Chain Mgmt, Engineering or related business emphasis
Work requires at least 7+ years related work experience
5+ years of experience in building and maintaining purchased component & tooling cost models for mechanical and electronic components
Experience in identifying and supporting cost savings negotiations
Experience preparing and presenting cost reports & analysis to Senior Management levels
Technical ability, preferably with electronics
Expertise with RFQ processes and benchmarking costs
Experience working cross functionally with Product Engineering, Finance, Supply Chain, Purchasing and Manufacturing to validate supplier costs
Experience in areas similar to ADAS, EV/HEV, HUD's
Experience coordinating with project management
Experience working with interdisciplinary teams and remote team
Experience with VA/VE methodologies and processes
Experience and knowledge in financial analysis, including forecasting & budget management
Experience negotiating and operating in different cultures and working under pressure

Preferred

MBA or advanced degree is a plus
Automotive Industry Tier 1 preferred
5+ years in a manufacturing environment (preferred)
Negotiation acumen preferred
Knowledge of Campfire software (preferred)

Company

LER TechForce

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LER TechForce is an engineering recruiting firm.
dateFounded in 2001
location
Columbus, Indiana, USA
people-size201-500 employees
web-link
https://www.lertechforce.com

H1B Sponsorship

LER TechForce 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
2025 (93)
2024 (84)
2023 (71)
2022 (72)
2021 (73)

Funding

Current Stage
Growth Stage

Leadership Team

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Janene Stotts
Managing Partner/CEO
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Recent News

PR Newswire
LER TechForce to Acquire Resource Solution Division from Siemens' Altair Business Unit to Advance Workforce Innovation and Customer Success
2026-01-05
Company data provided by crunchbase