Cost Analyst, Electronics & Power Electronics
Dearborn, MI - USA
Job Summary
Develop piece cost and tooling estimates for assigned commodities which requires an extensive understanding of manufacturing cost structure and supply base capability.
Support cost target setting commercial pricing agreements and change control processes for forward and current model vehicle programs by delivering accurate estimates including detailed cost gap analysis.
Support vehicle teardowns benchmark standard methodologies and identify material cost reduction opportunities.
Actively support strategic commodity initiatives with relevant cost analyses
Develop and deliver executive level presentations to senior leadership in support of the cost analysis being performed in a clear concise and * convincing manner.
Ensure reasonable physical-based Best-In-Class assumptions for part manufacturing of their respective commodities and convincingly convey principles to stakeholders & partners.
Demonstrate strong understanding of differences between Activity Based Costing volume-based costing and Should technical guidance and variance explanations between ABC suppliers costing methodologies and Should Cost estimates.
Facilitate and participate on supplier plant visits preferably with Supply Chain and STA to support benchmarking data gathering training negotiations or other activities as needed to ensure physical-based cost estimates quantifiable gap analyses and viable cost reductions.
Provide negotiation support to Supply Chain as they engage senior supplier representatives to achieve material cost reductions.
Deliver robust cost estimates and analyses in support of Program Lifecycle TVM Benchmarking etc. as required to drive design and commercial cost reductions.
Support 4 day onsite requirement with occasional travel to both Ford and Supplier facilities
Bachelors degree required in related field (Engineering Business Finance etc)
5 years of business and/or finance experience with 3 years of manufacturing experience
3 years of experience in automotive component manufacturing processes
A Cost Estimator/Cost Analyst should possess experience in more than one of the following:
Electrical/Electronics/SMT
Metal Casting: Ferrous AL Mg
Machining
Plastic Injection Molding & Plastic Finishing
Stamping & Welded Assemblies
Demonstrated history of driving agile transformation in a costing environment.
Exceptional communication (oral & written) facilitation team building conflict resolution and collaboration skills in cross-functional diverse environments
Experience implementing advanced agile approaches utilizing data analytics and the use of AI to help modernize and improve efficiency
Persuasive storytelling abilities with the ability to instigate momentum in complex matrixed environments.
A hyper collaborative mindset and ability to partner with teams and leaders regardless of level.
Experience using Estimating Software to develop Optimal and Should Cost Estimates
Ability to construct and analyze manufacturing costs of components by reviewing drawings engineering specifications and functional requirements.
Ability to assess cost benefit analysis of different supplier manufacturing methods.
Ability to maintain data integrity and accuracy and use data to identify and solve problems
Bachelor of Science Engineering
Knowledge of GPDS timeline and Cost Estimating support provided at key milestones
Knowledge of Global Material Cost Strategies
Knowledge of Lean principles
Immediate medical dental vision and prescription drug coverage
Flexible family care days paid parental leave new parent ramp-up programs subsidized back-up child care and more
Family building benefits including adoption and surrogacy expense reimbursement fertility treatments and more
Vehicle discount program for employees and family members and management leases
Tuition assistance
Established and active employee resource groups
Paid time off for individual and team community service
A generous schedule of paid holidays including the week between Christmas and New Years Day
Paid time off and the option to purchase additional vacation time.
Required Experience:
IC
Key Skills
About Company
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