Product Cost Engineer

Title Product Cost Engineer
Location Chicago, IL (Onsite)
Job Description:

Competencies:
Must Have:
aPriori tool knowledge
-Design for Cost approaches: New Product Introductions
-Detailed Cost Analysis (should costing) and Manufacturing Sequence of build to print Parts
-Manufacturing processes: Castings, Forgings, Sheet metal-Stampings, Machining, Others
-Minimum 7-10 years
--Performing should cost analysis thru aPriori
Good to Have:
-Computer Aided Design (CAD) Tools
-Influencing skills
-Communication
-Problem Solving
-Project Management
Key Responsibilities
In-depth Knowledge of Manufacturability / Producibility practices specific to Mechanical /Electrical/Electronics and other components
Perform technical calculations on parts and simple assemblies.
Cycle time calculations, MHR calculations- Cost analysis by cost element distributions
Product costing-for medical devices/equipment or parts
Perform Should cost analysis through aPriori tool, maintain database of RM and MHR
Identify simple cost reduction ideas.
Able to analyze manufacturing processes of a sub-assembly/part and generate process steps. Knowledge of latest manufacturing processes
Understanding of GD&T standards for proper application. Able to explain to suppliers how to interpret.