Cost Engineer

About the role

Responsibilities

• Assist in conducting cost analysis across the supply chain — procurement, manufacturing, transportation, and distribution — in support of BOM cost roll-up and forecasting activities
• Help build and maintain should-cost and cost models to evaluate the impact of different scenarios on overall BOM cost, working under the guidance of the Cost Engineering Program Manager
• Research and track market trends for key cost drivers (raw material prices, labor costs, logistics rates) and summarize findings to support forecasting and cost planning
• Support the team’s capacity management process by helping compile and maintain supply and production capacity data across commodities
• Help develop and maintain a cost/capacity tracking database or dashboard (e.g., Smartsheet, Quickbase, Tableau, Power BI, or equivalent) to support cost reduction and capacity visibility efforts
• Prepare clear, data-driven reports and visuals to communicate cost and capacity metrics and project progress to stakeholders
• Collaborate with cross-functional teams — procurement, engineering, commodity management, and finance — to collect and validate cost and capacity data
• Support the tracking of cost-savings initiatives, providing status updates and reporting to the team as needed
• Assist in maintaining project tracking so cost and capacity data stays current and accurate
• Support supplier engagement efforts to understand cost structures, identify cost-saving opportunities, and maintain pricing transparency
• Participate in ad-hoc projects and process-improvement initiatives as assigned

Requirements

• Bachelor’s degree in Engineering, Supply Chain Management, or a related field
• 0–3 years of relevant experience (internships, co-ops, or full-time experience in cost analysis, supply chain, or a related analytical role)
• Strong analytical skills with proficiency in spreadsheet-based data analysis (Excel, Google Sheets); comfort working with BOM or cost data
• Excellent written and verbal communication skills, with the ability to work effectively across teams
• Detail-oriented with strong organizational skills and the ability to manage multiple tasks simultaneously
• Eagerness to learn, take feedback well, and take on new challenges in a fast-paced, evolving environment
• Familiarity with ERP systems or supply chain planning software
• Exposure to PLM systems (e.g., Enovia or equivalent) or willingness to learn one
• Foundational understanding of supply chain principles — logistics, procurement, and inventory management
• Prior internship or project experience in cost analysis, data analysis, capacity planning, or supply chain
• Experience with dashboard or database tools (e.g., Tableau, Power BI, Smartsheet, Quickbase) is a plus
• Experience using AI-powered tools (e.g., Claude or similar large language model platforms) to speed up analysis or reporting is a plus