Cost Engineer Lead - 73084

This position is for a Cost Innovation Leader (TR) in the Infra Innovation Cost team at Samsung Austin Semiconductor. The role involves collaborating with various departments to improve cost metrics, analyzing data to identify cost reduction opportunities, and leading cross-functional projects to achieve cost savings. The Cost Innovation Leader will also be responsible for communicating analysis results, supporting engineering team functions, and driving improvements in cost management processes. The position requires proficiency in project management, forecasting, inventory management, and other business functions that impact cost.

• Demonstrate effective collaboration with Infra Departments to improve cost metrics
• Data collection, analysis, and collaborative improvements of Infra performance in cost reduction of outside services, spare parts, repairs & maintenance, and other projects in the field of supply chain, cost, and resource efficiency
• Participate and Manage TFTs activities to improve cost savings
• Collaborate with engineering, procurement, finance, support group, and executives to ensure compliance to external and internal cost savings standards
• Lead the deployment of medium to large-scale projects that are cross-functional in nature and have visibility to company executives
• Analyze and make recommendations to help improve cost savings indices for each department’s business processes and programs
• Communicate the results of analysis, drive improvements and share with peers, managers, and executives
• Study opportunities and drive implementation with the unit parts, including 2nd source qual, lifetime extension, usage reduction, repair loops, price negotiations, etc.
• Project management, Daily/Weekly/Monthly Cost reporting, and status updates
• The position will require an extensive amount of time working directly with and supporting the engineering team functions
• The role will include membership on teams that involve Cost Per Move (CPM) reduction, SCM, and other related projects/task force teams
• Expectation is to have proficiency in project management, forecasting, repair loops, second sourcing, inventory management, department budgets, or other related systems or business functions that impact cost
• Support improvements to modeling and forecasting performance of expenses
• Perform analysis and mentor Infra Engineers to perform analysis of Cost related items that identify key issues affecting performance as well as develop/implement plans/actions to close GAPs
• Lead efforts for automation and standardization for cost management for all Infra Departments
• Mentor cost members and Infra members
• Hire

• Effective collaboration with Infra Departments to improve cost metrics
• Data collection, analysis, and collaborative improvements of Infra performance in cost reduction
• Participate and manage TFTs activities to improve cost savings
• Compliance to external and internal cost savings standards
• Deployment of medium to large-scale projects with visibility to company executives
• Analysis and recommendations to improve cost savings indices
• Communication of analysis results and driving improvements
• Study opportunities and drive implementation with unit parts
• Project management, cost reporting, and status updates
• Extensive time working directly with and supporting the engineering team functions
• Membership on teams involving cost reduction and related projects/task force teams
• Proficiency in project management, forecasting, repair loops, second sourcing, inventory management, department budgets, or other related systems or business functions that impact cost
• Support improvements to modeling and forecasting performance of expenses
• Analysis and mentoring of Infra Engineers on cost-related items
• Automation and standardization for cost management for all Infra Departments
• Mentoring of cost members and Infra members
• Hiring

• Competitive salary and benefits package
• Opportunities for career growth and advancement
• Training and development programs
• Mentorship and coaching for professional growth
• Strong communication and teamwork skills
• High level of self-motivation
• Complex problem-solving skills
• Proficiency in project management
• Knowledge of Microsoft Office products
• Experience in high volume, high product mix fab environment
• Ability to meet deadlines and work in a fast-paced environment
• Punctuality and flexibility in working onsite and remotely