Cost Engineering Analyst III

Daimler Truck AG•Detroit, MI

10d•Hybrid

About The Position

Detroit Diesel Corporation seeks a Cost Engineering Analyst III based out of our office in Detroit, Michigan 48239. This is a hybrid position whereby the employee will work both from home and from the aforementioned office address. The employee must live within a reasonable commuting distance of the aforementioned office address. This position requires up to 10% domestic and international travel per year. This position will lead cost planning structures. Determine bottom-up target costs of REC (Reference Calculation). Responsible for maintaining detailed knowledge of parts in scope, related technologies, materials, and production processes. Participate in cost avoidance and reduction activities based on bottom-up cost calculation according to the global Cost Engineering methodology supported by available systems. Proactively assess gaps between prices, purchasing and engineering, and align next steps and track the progress to close cost gaps. Set up cost engineering strategies to achieve short, intermediary, and long term savings. Support Purchasing department in negotiations and directly discuss cost gaps with suppliers. Collaborate with Engineering department to promote designs and help to avoid costly product changes. Support the creation of cost targets with a bottom-up approach for product projects. Verify savings potentials by benchmarking complex powertrain parts. Engage in tear downs and cost driver analysis for internal and external parts. Represent CE Team in cross functional project team meetings and provide cost transparency for the project lead and cross functions.

Requirements

Bachelor’s degree in Mechanical, Electrical, or Industrial Engineering, or its equivalent.
10 years of experience in Automotive and/or heavy truck industry.
3 years in a Cost Engineering role.
1 year of group leader, project lead, or mentoring experience.
Experience with manufacturing process optimization.
Experience with Siemens calculation software for generating cost calculations.
10% domestic and international travel required.

Responsibilities

Lead cost planning structures.
Determine bottom-up target costs of REC (Reference Calculation).
Maintain detailed knowledge of parts in scope, related technologies, materials, and production processes.
Participate in cost avoidance and reduction activities based on bottom-up cost calculation according to the global Cost Engineering methodology supported by available systems.
Proactively assess gaps between prices, purchasing and engineering, and align next steps and track the progress to close cost gaps.
Set up cost engineering strategies to achieve short, intermediary, and long term savings.
Support Purchasing department in negotiations and directly discuss cost gaps with suppliers.
Collaborate with Engineering department to promote designs and help to avoid costly product changes.
Support the creation of cost targets with a bottom-up approach for product projects.
Verify savings potentials by benchmarking complex powertrain parts.
Engage in tear downs and cost driver analysis for internal and external parts.
Represent CE Team in cross functional project team meetings and provide cost transparency for the project lead and cross functions.

Benefits

annual bonus program
401k company contribution with company match up to 6% as well as non-elective company contribution of 3 - 7% depending on age
starting at 4 weeks paid vacation
13+ calendar holidays
8 weeks paid parental leave
employee assistance program
comprehensive healthcare plans and wellness programs
onsite fitness (at some locations)
tuition assistance and volunteer paid time off
short-term and long-term disability plans