- Los Angeles, California, United States
- Full-time · Senior
- $80K–$130K per year
- 5–7 years
The Senior Cost Engineer will evaluate product designs, materials, manufacturing processes, and supplier quotations to develop accurate product cost estimates and identify opportunities to improve production and cost efficiencies.
Compensation
Salary range: $80,000 - $130,000 (DOE)
Responsibilities
- Review product cost breakdowns to confirm that materials, quantities, unit costs, labor rates, tooling, packaging, and other cost components are accurate and reasonable
- Develop and maintain internal product cost estimates throughout the product development and commercialization process
- Evaluate product designs, materials, specifications, and manufacturing processes to identify cost drivers and opportunities to improve cost efficiency and manufacturability
- Analyze factory and supplier quotations for inaccurate, incomplete, or unreasonable cost assumptions and communicate findings to the appropriate internal teams
- Perform cost comparisons, cost-benefit analyses, and other financial evaluations to support product and development decisions
Requirements
- Bachelor’s degree in Industrial Engineering
- Manufacturing Engineering
- Mathematics
- Economics
- Finance