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Vertiv

Cost Engineer

Posted 16 Days Ago
Be an Early Applicant
Remote
Hiring Remotely in India
Mid level
Remote
Hiring Remotely in India
Mid level
Drives product cost reduction and continuous improvement across Product Management, Engineering, Procurement, Operations, and Finance. Responsibilities include benchmarking manufacturing sites and suppliers, setting and monitoring cost targets throughout new product development and product lifecycles, analyzing cost variances, and presenting data-backed recommendations. The role also supports efficiency and quality improvements through cross-functional and cross-regional collaboration.
The summary above was generated by AI

Cost Engineer: 

Responsibilities:

  • Identify and drive product cost improvement actions by working with a cross-functional team (notably Product Management, Engineering, Procurement, Operations and Finance)
  • Develop product cost comparisons to evaluate and benchmark manufacturing locations and suppliers
  • Prepare and deliver presentations on product cost targets, key cost drivers, and supporting cost reduction activities
  • Monitor product costs during the NPDI process and throughout the product lifecycle to identify and act on variances
  • Identify and pursue continuous improvement projects that deliver improved efficiency and/or quality
  • Other duties and responsibilities as assigned.


    Requirements: 

  • Bachelor’s degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred

  • 4-5 years’ experience in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing

  • Experience with new product development processes and activities is preferred

  • Demonstrated competence in problem solving, data analysis, & project management

  • Ability to develop and deliver effective presentations of insights and recommendations, supported by data analysis

  • Experience developing cross-functional and cross-regional relationships to achieve business objectives

  • Proficiency with Microsoft Office suite (Excel, PowerPoint, PowerBI), Smartsheet, and other business applications

  • Excellent communications skills – written & verbal 

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