The Global Operations Group brings information systems, facilities, supply chain, logistics, and high-volume manufacturing together to drive the engine of our global business operations. We help Lam deliver industry-leading solutions with speed and efficiency, while actively supporting the resilient and profitable growth of Lam's business.
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.
• 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
- 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
- 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
• 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
We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.
Lam Research ("Lam" or the "Company") is an equal opportunity employer. Lam is committed to and reaffirms support of equal opportunity in employment and non-discrimination in employment policies, practices and procedures on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status or any other category protected by applicable federal, state, or local laws. It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.
Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On-site Flex and Virtual Flex. ‘On-site Flex’ you’ll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.
Our Perks and Benefits
At Lam, our people make amazing things possible. That’s why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.
Skills Required
- Bachelor's degree in Mechanical Engineering, Manufacturing Engineering, or a related field, with 15 years of experience; equivalent alternatives include a master's degree with 12 years, a Ph.D. with 8 years, or equivalent experience without a degree.
- At least 8 years of experience in cost engineering, should-costing, manufacturing, product engineering, or supply chain engineering.
- Strong understanding of at least two manufacturing processes, such as machining, sheet metal, plastics, casting, or ceramics.
- Experience working directly with engineering teams on product design and understanding technical drawings.
- Supplier-facing experience, including RFQ support, cost validation, and negotiation.
- Experience with costing tools such as aPriori and strong manual costing capability.
- Experience leading cross-functional initiatives and influencing without authority.
- Strong communication skills and ability to translate complex cost analysis into actionable decisions.
- Demonstrated accountability and proactive problem-solving in ambiguous environments.
- Experience or deep knowledge of semiconductor fabrication, semiconductor equipment operations, or related industries.
- Strong background in Design for Cost and value engineering.
- Experience supporting new product introduction programs.
- Knowledge of program management methods and Product Development and Release procedures.
- Experience with NX CAD, Pro/ENGINEER Creo, aPriori, or SAP.
Lam Research Corporation Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Lam Research Corporation and has not been reviewed or approved by Lam Research Corporation.
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Parental & Family Support — Parental leave is described as 16 weeks fully paid for all new parents, with birth mothers averaging about 26 weeks total; adoption assistance and subsidized backup childcare are also included. These programs are consistently highlighted as standout elements of the package.
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Healthcare Strength — Medical options span PPO, CDHP, and HMO choices with company HSA funding, alongside dental and vision coverage. Coverage quality and breadth are emphasized, supported by wellbeing resources such as an EAP.
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Equity Value & Accessibility — An ESPP with a discount and look-back/reset features is highlighted, and many technical roles include RSUs and bonuses that lift total compensation. These equity mechanisms are frequently cited as meaningful components of total rewards.
Lam Research Corporation Insights
What We Do
Lam Research Corp. (NASDAQ:LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. The world's leading companies trust us as their valued partner because we bring together technology leadership, a strong values-based culture, and an unwavering commitment to prove our customers’ next big breakthrough. Our impact on the world can be seen all around us, as nearly every advanced chip today is built with our technology. Through collaboration, precision, and our commitment to delivery, we are transforming atomic-scale engineering and driving semiconductor breakthroughs that define the next generation. Lam Research Social Media Guidelines: By using or accessing this page, you agree to comply with LinkedIn’s Terms and Conditions. While we welcome participation and engagement, it is important to note that postings and/or comments by followers to Lam’s LinkedIn page do not necessarily reflect the opinions of Lam, nor does Lam confirm their accuracy. We expect that participants post content and commentary that is both relevant and respectful to this community as a whole. Lam reserves the right to remove any posts and/or comments that do not adhere to our guidelines and to block anyone who violates them repeatedly. Specifically, we do not tolerate these kinds of posts: • Abusive, harassing, stalking, threatening or attacking others • Defamatory, offensive, obscene, vulgar or depicting violence • Hateful in language targeting race/ethnicity, religion, gender, nationality or political beliefs • Fraudulent, deceptive, misleading or unlawful • Violations of any intellectual property rights • Spamming in nature • Commercial solicitation or solicitation of donations • Link baiting (embedding a link in your post to draw traffic to your own site) View Lam’s Online Privacy Notice Summary : https://www.lamresearch.com/privacy/
