Should Costing Engineer

Should Costing Engineer

Location: San Jose, California (Onsite)

Experience: 7-10 Years

Education: B.E. in Mechanical Engineering

Job Summary:

We are seeking a highly experienced Should Costing Engineer with strong expertise in automotive or manufacturing industries. The ideal candidate will be responsible for performing component-level cost analysis, manufacturing cost breakdowns, and supplier negotiation support for engineering parts and assemblies.

Key Responsibilities:

• Develop should cost models for automotive and manufacturing components
• Perform target costing and cost benchmarking for new parts
• Analyze supplier quotations and prepare detailed negotiation reports for commodity teams
• Identify key cost drivers, savings opportunities, and optimization strategies
• Perform manufacturing process selection, machine planning, and cycle time calculations
• Evaluate machine hourly rates (MHR), overheads, and profit margins
• Conduct cost mapping for engineering parts and assemblies
• Support supplier negotiations with data-driven cost breakdowns
• Read and interpret engineering drawings and GD&T
• Work with cross-functional teams including engineering, sourcing, and supply chain

Required Skills & Qualifications:

• Bachelor's degree in Mechanical Engineering (Mandatory)

• 7-10 years of experience in Should Costing / Cost Engineering

• Strong experience in automotive, tractor, off-highway (T&OH), or manufacturing industries

• Hands-on knowledge of manufacturing processes:

• Sheet Metal (must have)

• Plastics (must have)

• Machining, Rubber, Assemblies

• Strong understanding of:

• Machine selection

• Cycle time calculation

• Cost drivers and estimation techniques

• MHR (Machine Hour Rate), overheads, profit modeling

• Experience in GD&T and engineering drawing interpretation

• Experience with ERP/SAP systems

Preferred Skills:

• Hands-on experience with should costing tools:

• aPriori

• Costimator

• TcPCM

• Strong analytical and negotiation skills

• Experience in supplier cost breakdown and sourcing support

Additional Information:

• Onsite role in San Jose, CA
• Must have strong manufacturing cost engineering background
• Automotive or related industry experience is highly preferred