Cost Engineer 6

Lam Research•Tualatin, OR

4d•Hybrid

About The Position

As a Senior Cost Engineer at Lam, you will be a key interface between Product Group Engineering and Global Supply Chain, ensuring cost is designed into products early and effectively. As a trusted partner, you will enable product competitiveness by driving cost vs. performance vs. sourcing strategy trade-offs throughout the product lifecycle. In this role, you will utilize your deep expertise in should-cost analysis, Design for Cost (DFC) and Design for Manufacturing (DFM) along with your ability to lead complex, cross-functional initiatives across Engineering, Supply Chain, and suppliers to drive effective cost savings for Lam.

Requirements

Bachelor’s degree in Mechanical Engineering, Manufacturing Engineering, or related field with 15 years experience; or 12 years experience with a Master's degree; or 8 years experience with a Ph.D; or equivalent years experience in a similiar role without a degree.
8+ years of experience in: Cost engineering / should costing
8+ years of experience in: Manufacturing, product engineering, or supply chain engineering
Strong understanding of 2+ manufacturing processes (machining, sheet metal, plastics, casting, ceramics, etc.)
Experience working directly with engineering teams on product design; Technical drawing comprehension
Supplier-facing experience including RFQ support, cost validation, and negotiation
Experience with costing tools (e.g., aPriori) combined with strong manual costing capability
Proven experience leading cross-functional initiatives and influencing without authority
Strong communication skills—able to translate complex cost analysis into actionable decisions
Demonstrated accountability and proactive problem-solving in ambiguous environments

Nice To Haves

Experience in or deep knowledge of Semiconductor fabrication, Semiconductor Equipment Operations, or related industries
Strong background in Design for Cost (DFC) and value engineering
Experience supporting NPI programs
Knowledge of Program Management methods and experience in Product Development & Release (PDR) procedures
Experience with applications: NX CAD and/or ProE Creo, aPriori, SAP

Responsibilities

Lead should-cost modeling and DFC/DFM cost analysis for complex semiconductor components and assemblies
Perform deep technical analysis including teardown reviews, manufacturing process evaluation, and cost validation
Develop robust cost models using and serve as a technical authority for complex or ambiguous costing challenges
Lead cost engineering initiatives for NPI programs from concept through production ramp
Drive alignment across Engineering, Supply Chain, and suppliers on design trade-offs, feasible manufacturing strategies and material costs
Partner with sourcing and supplier teams to validate supplier cost structures, support negotiation strategies, and develop/improve cost models
Provide organizational and capability leadership through mentorship, best practice establishment and creation of reusable models, cost libraries, and commodity insights
Present to peer and executive levels on assessments, findings and recommendations