Cost Engineer

  • Location

    Bedford, Bedfordshire

  • Sector:


  • Job type:


  • Salary:


  • Contact:

    Shannon Wade

  • Contact email:

  • Salary high:


  • Salary low:


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  • Published:

    11 months ago

  • Expiry date:


  • Startdate:


  • Consultant:


Cost Engineer - R00010610
Cranfield, Bedford

A Cost Engineer is required with strong project management and analytical skills.

This company based in Cranfield requires a Cost Engineer with understanding of all vehicle components, systems and development process for a new contract role. As a Cost Engineer you will be required to:

  • Generate cost reduction opportunities through analysis and benchmarking
  • Gather, manipulate then interrogate component cost data
  • Gather and analyse ideas from other regions
  • Identify gaps and opportunities by expert cost analysis and benchmarking
  • Generate cost reduction opportunities through the analysis of the material content
  • Gather already available data from design & quality assurance activities
  • Interrogate component content from CAD/drawing data
  • Perform physical checks on selected parts as necessary
  • Analyse manufacturing processes for selected parts
  • Validate actual material content vs. declared content and identify gaps
  • Support buyers negotiations and follow through on delivery of savings
  • Generate cost reduction opportunities through cross-company activities
  • Engage with affected business areas of Design, Purchasing, Manufacturing
  • Plan & organise events with clear structure and objectives to generate opportunities
  • Lead and manage projects to deliver savings from the opportunities found
  • Select the best opportunities for detailed study
  • Manage the development progress with Product Development teams
  • Set milestones and clear reporting of achievement and pending actions
  • Share findings and best practice with other regions

The Cost Engineer should have the following skills or experience:

  • Ideally qualified with an engineering degree or equivalent experience
  • Understanding of all vehicle components, systems and the vehicle development processes
  • Processes knowledge: Stamping, forging, casting, machining, injection molding
  • Self-motivated, organised & disciplined to work diligently to deadlines
  • Excellent analytical skills and attention to detail
  • Confident, inquisitive and challenging mindset to find opportunities
  • Strong interpersonal skills and excellent communication skills
  • Strong PC skills with Excel, MS PowerPoint and MS Word are essential
  • CAD experience is desirable but can be learned on the job
  • Languages: English - fluent, (Spanish French or Russian useful but not essential)

If you have any questions about the Cost Engineer role or would like to apply, please contact Shannon Wade at Jonathan Lee Recruitment on 01268 889262

Unfortunately candidates requiring visa sponsorship CANNOT be considered for this role. To apply you MUST have either an EU/UK passport or a Visa that does not require sponsorship

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