We are seeking a detail-oriented and analytical Cost Down Engineer to join our dynamic team. The Cost Down Engineer will be responsible for identifying and implementing cost-saving initiatives without compromising product quality and performance. This role involves working closely with cross-functional teams to analyze manufacturing processes, materials, and product designs to reduce costs and improve efficiency.
Job Descriptions
Identify opportunities for cost reduction through analysis of production processes, materials, and product designs
Develop and implement process improvements to enhance efficiency, reduce waste, and lower production costs
Collaborate with the procurement team to identify cost-effective suppliers and negotiate better terms and prices for materials and components
Conduct value engineering analyses to ensure that products are manufactured at the lowest possible cost while maintaining quality and functionality
Perform benchmarking studies to compare costs with industry standards and identify best practices
Ensure all cost reduction activities comply with company policies, industry standards, and regulatory requirements
Job Requirements
Bachelor’s degree in Engineering, Industrial Engineering, Manufacturing Engineering, or a related field.
Years of experience in cost reduction, process improvement, or a related engineering role
Strong analytical skills and problem-solving abilities to identify cost-saving opportunities
Proficiency in cost analysis tools and methodologies
Knowledge of Lean Manufacturing, Six Sigma, or other process improvement methodologies is a plus
Experience with CAD software and product design tools is advantageous
Familiarity with manufacturing processes and supply chain management
If this role speaks to you, please send your resume to the quick apply button at the bottom of this page.