EDS Cost Estimating Engineer

Job Description

We are the movers of the world and the makers of the future. We get up every day, roll up our sleeves and build a better world -- together. At Ford, we’re all a part of something bigger than ourselves. Are you ready to change the way the world moves?

Responsibilities

• Develop piece cost and tooling estimates for assigned commodities which requires an extensive understanding of manufacturing cost structure and supply base capability.
• Support teardowns, benchmark standard methodologies, and identify material cost reduction opportunities.
• Actively support strategic commodity initiatives with relevant cost analyses
• 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.
• Ensure reasonable, physicals-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 Cost”. Provide technical guidance and variance explanations between Activity Based Costing, 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 physicals-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, Team Value Management, Benchmarking, etc., as required to drive design and commercial cost reductions.
• Contribute your extensive expertise to the Cost Estimating team as we continuously refine our chosen agile framework and modern ways of working
• Earn and maintain your status as the agile and modern ways of working subject matter expert through continuous learning and application of your knowledge to solve tough, complex issues
• Be a trusted advisor to senior leaders as they continuously refine their organizations for the present and future
  
  
  

Qualifications

• Bachelor’s degree required - Must possess either an Engineering undergraduate degree with 3+ years of business and/or finance experience, or an undergraduate degree in Finance/Business with 3+ years of manufacturing experience
• 3+ years of experience in automotive component manufacturing processes
• Proficiency in data management
• 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 enabling you to promote your ideas at the highest levels, gain alignment, generate excitement, and instigate momentum in complex matrixed environments.
• A hyper collaborative mindset and ability to partner with teams and leaders regardless of level.
• Learning agility, tenacity, grit, and a persistent sense of urgency with a bias for action (even in ambiguous and fluid situations)
• A Cost Estimator/Cost Analyst should possess experience in more than one of the following:
• Electrical (must)
• Specialty Cables/Electronics/SMT
• Metal Stamping
• Plastic Injection Molding
• Blow Molding, Plastic Extrusion
• Experience using Estimating Software to develop Optimal Cost Estimates and Should Cost Estimates such as FACTON, Apriori, Siemens systems
• Ability to construct and analyze manufacturing costs of End Item Part Numbers and Components by reviewing schematics, drawings, 3D models, engineering specifications, and functional requirements
• Demonstrate a proven grasp of business concepts as well as quantitative and critical thinking skills
• 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
• Strong collaboration and leadership skills
• Clear, concise, and persuasive communication skills with strong Microsoft Excel, PowerPoint, and Word capabilities
• Proven programming experience (Python is a plus)
• Proactive with the ability to balance multiple tasks
  
  

The following skills and experiences are Preferred qualifications for this role:

• 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 (value stream maps, takt time, etc.) preferred
  
  
  

Join our Ford Cost Estimating Team and be at the forefront of shaping innovative solutions as we create tomorrow!

About Us

At Ford Motor Company, we believe freedom of movement drives human progress. With our incredible plans for the future of mobility, we have a wide variety of opportunities for you to accelerate your career and help us define tomorrow’s transportation.

About The Team

Ford Product Development is utilizing Design Thinking & User Experience methods to deliver breakthrough products and services that will delight our customers. Our employees are laser-focused on bringing innovative, exciting, and sustainable ideas to life. From autonomy and electrification, to smart mobility technologies, our Product Development teams around the world are working together with excitement to make smart vehicles for a smart world.