Cost Engineer

Posted 21 Days Ago
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Auburn Hills, MI, USA
In-Office
Senior level
Automotive
The Role
The Cost Engineer develops direct material costs and tooling investments for NVH and Soft Trim components, utilizing activity-based costing methodology and collaboration across global teams to support cost evaluations and optimization activities.
Summary Generated by Built In
Job Summary & Responsibilities

CTPC Cost Engineer Interiors (CEI/TON)  develops direct material costs and tooling investments for “NVH and SOFT TRIM”  components using activity-based costing methodology while working from bill of materials, drawings and/or samples. 

Cost Engineer responsibilities will include utilizing Stellantis component cost methodologies and processes to develop, analyze, and provide guidance for cost convergence to internal stakeholders.  The CEI/TON Cost Engineer will assist the worldwide teams with technical cost evaluation services to estimate component costs for projects in advanced through serial life cycle phases.

Ability to be agile, curious, and an engaging cross functional teammate is required to support cost evaluation activities within a global organization.

 

Key deliverables:

  • Development of component costs for new programs (“cost engineering estimate” at initial concept; “should cost calculation” through bottom-up approach for new & modified purchased components based on the ‘how it’s made’ manufacturing process)
  • Provide Engineering support during vehicle development phase for target achievement (Design to Cost)
  • Development of tooling costs for new programs.
  • Provide purchasing support during supplier negotiations through gap analysis of supplier’s price breakdown detail
  • Provide Engineering with support during the vehicle development phase for target achievement (Design to Cost)
  • Support of the Global Cost Initiative and World Wide Component Cost comparisons/studies.
  • Support of Benchmarking and Value Optimization (VO) activities including support of serial life should cost requests.
  • The CE works closely with Engineering, Buyer, other CTPC functions, Finance and supplier representatives.
  • For CEI/TON, the CE should have understanding of thermoforming, compression molding, and cutting processes (Die Cutting and/or Waterjet cutting), including the related tooling cost evaluation.

Key responsibilities include but not limited to:

  • Research relevant market trends, industrial standards, and innovations
  • Perform Competitive Benchmarking and suggest value optimization ideas to programs to ensure the competitiveness of Stellantis solutions
  • Identify potential cost optimization opportunities and support company technical cost reduction activities. This may include periodic Supplier visits to maintain & improve internal know-how of manufacturing processes & best practices
  • Provide global component cost comparison analysis by working within the Cost Engineering community
Preferred Qualifications

Basic Qualifications:

  • Bachelor’s degree in Engineering, Business or a related field
  • Minimum of 5 years of experience in the automotive industry, advanced manufacturing or related industries
  • Strong English verbal and written skills to support role job key deliverables
  • Proficiency with Microsoft PowerPoint, Excel, and Word
  • Ability to work effectively across multiple levels of the organization, functions, and global regions
  • Knowledge of manufacturing processes for NVH components and Carpet, Inner Dash, Outer Dash, Silencers, Load Floor, including DMC evaluation.

  

Preferred Qualifications:

  • Master of science degree in Industrial/Manufacturing Engineering preferred.
  • Familiarity with Cost Model elements and how to apply Activity Based Costing to component cost development
  • Experience in production facilities along with knowledge of how NVH component (Carpet, Inner Dash, Outer Dash, Silencers, Load Floor) are made.

 

Skills Required

  • Bachelor's degree in Engineering, Business or a related field
  • Minimum of 5 years of experience in the automotive industry
  • Strong English verbal and written skills
  • Proficiency with Microsoft PowerPoint, Excel, and Word
  • Knowledge of manufacturing processes for NVH components

Stellantis Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Stellantis and has not been reviewed or approved by Stellantis.

  • Pay Growth & Progression Contract-driven increases lifted hourly wages roughly 25% over 4.5 years and restored cost-of-living adjustments, pushing top rates near $42 per hour by the end of the agreement. Union hourly positions appear to have benefited most since the 2023 deal.
  • Affordable Benefits UAW-represented hourly workers pay no premiums and about 3% of total healthcare costs while receiving comprehensive medical, dental, vision, and wellness coverage. This creates materially lower out-of-pocket costs for represented hourly roles.
  • Retirement Support Post-2007 hourly hires receive a 10% employer 401(k) contribution and legacy workers saw defined-benefit improvements with retiree bonuses. Salaried roles also cite a 401(k) with employer match and contribution up to a maximum of 8%.

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The Company
HQ: Amsterdam
104,031 Employees

What We Do

Our storied and iconic brands embody the passion of their visionary founders and today’s customers in their innovative products and services: they include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall and mobility brands Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which we operate.

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