Lead Cost Engineer
Current• Work with cross functional teams to create comprehensive costs for new development items. This entails the estimation of tool plans (including injection mold layout approximation and the calculation of tool sizes), quoting of purchased components, and labor estimates.• Create engineering concept layouts, rough CAD models, tool plans, and costs on established products that do not receive full product-engineering support.• Review product designs, including plastic part design and tool plans, to optimize products and promote cost efficiency without sacrificing product quality.• Maintain updated product costs and BOMs at each development lifecycle, ensuring appropriate assumptions are carried through, in order to track costs and BOM details while identifying opportunities for continual improvements.• Work with global cross functional teams to ideate and implement cost reduction plans for over-cost projects.• Participate in Process Improvement Kaizens and Value Engineering Sprints to drive product and process efficiency.• Spearhead the creation of new tools, calculators (using Visual Basic and Excel), and development processes for more efficient and accurate costing.• Recruit, interview, and manage interns for the Summer Intern program.