Costing Engineer

Exalta Group•Bethlehem, PA

21h•Onsite

About The Position

The Costing Engineer is responsible for developing highly accurate, technically grounded cost estimates and temporary manufacturing routings for medical device components. This role bridges the gap between initial RFQ and full production by translating complex drawings and program requirements into executable process steps. The engineer will identify and categorize cost-saving opportunities as "pre-launch" or "post-launch" initiatives, ensuring that both speed-to-market and long-term profitability are optimized.

Requirements

Bachelor’s degree in Mechanical, Manufacturing, or Industrial Engineering.
5+ years of experience in high-precision CNC machining, specifically within the medical device industry.
Deep understanding of metrology and quality requirements for regulated manufacturing.
Proven ability to visualize and document a manufacturing sequence from raw material to finished, packaged product.
Expert-level Excel skills for complex data manipulation and cost modeling.
Experience with ERP/MRP systems, Microsoft Excel, and quoting software.
Ability to articulate technical cost drivers to Commercial Sales, Engineering, and executive leadership.

Responsibilities

Construct detailed, step-by-step technical routings for new programs, defining work centers, setup times, and run rates based on precision machining capabilities.
Analyze machine resource requirements and labor hours to ensure cost models reflect true production constraints.
Build detailed estimates for RFQs, including material, precision metrology, tooling, and specialized outside processing (e.g., passivation, anodizing).
Evaluate new programs for Design for Manufacturability (DFM) and process efficiency.
Categorize cost-reduction initiatives based on timeline and ROI: Pre-Launch (critical process optimizations to be implemented during the validation phase) and Post-Launch (continuous improvement and value engineering projects targeted for implementation after the initial ramp-up).
Analyze engineering drawings, GD&T, and material specifications for manufacturability and cost impact within a regulated (ISO 13485) framework.
Construct costings where no drawings or models exist based on prior or ‘as like’ SKU’s. Collaboration with R&D, Commercial Sales, Supply Chain, and external vendors.
Identify technical risks related to tight tolerances or complex geometries that may impact yield or delivery.
Partner with Production to perform "Estimate vs. Actual" audits, refining costing templates based on real-world run rates.
Launch NC and scrap rate targets: 3% or less.