Should Cost Engineer

Reposted 2 Days Ago
Be an Early Applicant
Shanghai, Shanghai Municipality, Shanghai, CHN
In-Office
Mid level
Automotive • Hardware • Other
Future of automotive technology. Garrett Advancing Motion Turbocharger, Electric & Hybrid, Software, Aftermarket, Racing
The Role
The Should Cost Engineer is responsible for cost estimation, developing Should Cost models, updating databases, and supporting negotiation efforts to close gaps between supplier quotations and cost estimates.
Summary Generated by Built In
Local Job Title:Should Cost Engineer Primary Manager:Alexandru SavinFunction:M&PM Matrix Manager:N/ASub-function/Department:Should Cost HRG:Bristena MoldoveanGlobal Job Code:TBC Employee Name:TBCTO BE FILLED IN BY MANAGER1. Position Summary:
Create 2 – 5 sentences to describe the main purpose of the job. Indicate what is done and why (outcomes)Cost estimation of Garrett purchased components               2. Key Job Areas of  Responsibilities
Identify main areas of responsibilities. Add rows if needed.Describe the list of activities/tasks related to the job and Area of Responsibility2.1. 1. Define and update Should Cost models for existing products and New Growth Vectors
2. Validate new Should Cost models for existing products and NGV
3. Define and report cost drivers for existing and new components
4. Update Should Cost database with market information.
5. Support development of different costing tools (bottom-up, historical, comparison, etc …)
 2.2. 8. Map competiveness reports for his/her family of components by Suppliers / Regions / Process Technology.
9. Map Actual sourcing price versus plan of competitiveness.
10. Project target prices of his / her family of components on Strap period in accordance with Commodity Strategy.
11. Update Cost Plan for his/her family of components for.
 2.3. 13. Define standard costs for baseline components
14. Support trade –off curves performance/costs  NGV (Motor-Gearbox)
15. Guide engineering on cost levels for different designs / processes. Supports engineering workshops as delegate ShC member.
16. Propose target price for components during PQF (bottom-up and historical prices)
17. Set should cost sourcing target
18. Support negotiation to reduce gap between supplier quotation and Should Cost
19. Support VE initiative by running Should Cost analyse on the components                3. Education / Qualifications 
Minimum requirements required for employee to do the jobBachelor and/or Master Degree in electrical/electronic engineering or mechanical engineering
                4. Experience
Minimum requirements (years & domain) required for employee to do the job
- Knowledge of project management tools and techniques
- Familiar with automotive costing tools: Easykost, Siemens PLM software, Apriori etc.
- Minim 3 years experience in a similar role               5. Key Skills and Knowledge
Minimum requirements required for employee to do the jobFamiliar with the key processes of automotive electronics production, proficient in the characteristics and manufacturing process of automotive power electronic components (active/passive components, PCB, PCBA etc.)
- Proficient in high-speed motor processing technology and key manufacturing equipment, including winding, insulation treatment,  
  envelope, dipping, potting, dynamic balancing etc.
- Proficient in casting, welding, stamping, turning and milling, wire cutting, CNC and other conventional machining processes or supplier quality management, 
- Able to work in a cross functional team and multicultural environment
- Understand and communicate high-level project status, while resolving low-level detail issues
- Integrate diverse project activities, understanding the inter-relationships between tasks and ensuring consistency and alignment
- Integrative thinker 
- Global mindset5.1. Accountable for managing staff Directly ?No← Click here5.2. Accountable for managing staff as a Matrix Manager?No← Click here5.3. Total Span of Control 
(all levels beneath included)0← State the number or the range (eg: 3-5 employees)5.4. Highest Level of Organization AccountabilitySBE← Click here

Skills Required

  • Bachelor and/or Master Degree in electrical/electronic engineering or mechanical engineering
  • Knowledge of project management tools and techniques
  • Familiar with automotive costing tools: Easykost, Siemens PLM software, Apriori
  • Minimum 3 years experience in a similar role
  • Familiar with key processes of automotive electronics production

Garrett Compensation & Benefits Highlights

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

  • Fair & Transparent Compensation Pay is considered fair or above average in several teams and markets, with comments highlighting “fair pay for job” and “above average pay.” Core engineering compensation in the U.S. is characterized as competitive in certain locations, albeit based on directional data.
  • Leave & Time Off Breadth Time-off programs include “unlimited” PTO at some locations and a defined holiday schedule, with many describing positive experiences using time away. Other sites reference straightforward vacation/PTO programs within a globally guided framework.
  • Retirement Support A 401(k) with a company match is a standard element of the U.S. package and is consistently referenced. This provides a conventional foundation for retirement savings within the total rewards mix.

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The Company
Plymouth, Michigan
5,001 Employees
Year Founded: 2018

What We Do

Garrett Motion is an automotive technology leader, serving vehicle manufacturers worldwide for more than 65 years. Garrett’s cutting-edge technology enables vehicles to become cleaner, more efficient and connected. The company’s broad offering of gas and diesel turbocharging applications, electric boosting and fuel cell technologies and automotive software solutions empowers the transportation industry to redefine and further advance motion.

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