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Cost Engineer 0546

  • Location: Cranfield
  • Salary: £24.97 - 24.97 per hour per hour
  • Job Type:Contract

Posted about 1 month ago

  • Sector: Automotive
  • Function: Engineering
  • Contact: Rachel Meacham
  • Contact Email:
  • Contact Phone: 01384 446112
  • Duration: contract
  • Start Date: asap
  • Expiry Date: 01 September 2022
  • Job Ref: 62090

Role: Cost Engineer - JP00000546

Location: Cranfield / Hybrid working

To start ASAP - 12 months assignment


Inside IR35

Deliverables / KPIs / SLAs

  • Generate cost reduction opportunities
  • Gather, manipulate then interrogate cost data
  • Analyse ideas from other vehicles and regions
  • Find gaps by cost analysis and benchmarking
  • Identify and promote ideas with high saving potential
  • Manage cost Reduction idea sharing within the company
  • Develop a network of contacts to get new ideas
  • Lead cross functional cost reduction projects
  • Plan & organise events with clear structure and objectives
  • Engage with affected business areas of Design, Purchasing, Manufacturing
  • Follow up the development of opportunities
  • Set milestones and clear reporting of achievement and pending actions
  • Maintain best practice systems and processes for the regional business.
  • Assist engineers to find data to support cost reduction projects (volume/mix/logistics/Other Regions cost)
  • Develop enhancements to systems and processes.
  • Expert trainer for cost systems, processes and idea generation


The Cost Reduction Promotion and Strategy function is in charge of planning and managing the lifecycle cost reduction business for all R&D projects in Europe.

The responsibilities include working with specialist design engineers to:

  • Identify new cost reduction opportunities and support delivery of existing cost reduction projects.
  • Provide expert support to the engineers regarding sources of data, systems and processes.
  • To lead cost reduction projects at a company level supporting the central Promotion & Strategy function
  • Expert trainer for cost systems, processes and idea generation
  • Periodic remote working may be required in-line with Co. policy.
  • Infrequent national and international travel to may be required

Qualifications, Skills and Training Requirements

  • Ideally qualified with an engineering degree or equivalent experience
  • Understanding of all vehicle components, systems and the vehicle development processes
  • Specific knowledge of BIW and Exterior Trim parts would be an advantage but not essential
  • Detailed knowledge of component manufacturing and cost drivers
  • Confident, inquisitive and challenging mind-set to find opportunities
  • Excellent analytical skills and attention to detail
  • Strong PC skills with Excel, MS PowerPoint and MS Word are essential
  • Self-motivated and disciplined to work diligently without close supervision, conduct routine work on time
  • Strong interpersonal skills and excellent communication skills
  • Ability to travel if required
  • Driving licence
  • Languages: English - fluent
  • Training will be provided ion in house specific systems and processes.

To apply for this role please send your CV to

Your CV will be forwarded to Jonathan Lee Recruitment, a leading engineering and manufacturing recruitment consultancy established in 1978. The services advertised by Jonathan Lee Contracts are those of an Employment Business.