Design to Cost Engineer

Abbott

3d•Onsite

About The Position

The Design to Cost Engineer will support the development of cost-effective product designs by creating analytical cost models, simulations, and prototypes. This role works under the guidance of senior engineers to evaluate design alternatives, identify cost-saving opportunities, and contribute to data-driven decision-making across the product lifecycle.

Requirements

Bachelor’s degree in Engineering or a related technical field
0–3 years of relevant experience (internships or co-ops applicable)
Strong analytical, modeling, and problem-solving skills
Basic project management and communication capabilities
Ability to work effectively under the direction of senior engineers or project leads

Nice To Haves

Exposure to cost modeling, value engineering, or cost analysis methodologies
Experience working in cross-functional teams (engineering, procurement, manufacturing)
Familiarity with data analysis or simulation tools
Interest in supplier cost analysis, benchmarking, or negotiations
Ability to clearly communicate technical findings to non-technical stakeholders

Responsibilities

Build, maintain, and refine cost models and simulations to support design decisions
Provide data-driven insights and design alternatives to engineering teams
Assist in identifying cost-reduction opportunities through modeling, benchmarking, and analysis
Collaborate with engineering, procurement, and manufacturing to gather inputs for model development
Document, present, and communicate findings to support stakeholder decision-making
Support Cost Forensic activities, including value engineering, benchmarking, supplier workshops, negotiations, and Statements of Work
Track and report basic performance metrics related to cost modeling initiatives