Cost Engineer

Position Overview

Mercury Marine is seeking a Cost Engineer to develop analytical cost models while working closely with component engineers.

Key Responsibilities

• Provide guidance to Designers/Design Engineers for proposed new or modified designs to achieve required function at minimum cost.
• Apply design for assembly (DFA) and design for manufacturing (DFM) tools to analyze proposed new designs and propose potential improvements.
• Work with engineering on a Design to Target approach in early product development planning.
• Develop cost targets for mechanical engine parts (Castings, Stamped parts, Extrusions, and injection molded).
• Develop cost targets for electrical engine parts (Harness, PCB, PCB assemblies, DC motors, Batteries).
• Provide should-cost analysis reports to procurement team for supplier negotiation purposes.
• Do competitive benchmarking/teardown analysis and develop should cost models.
• Participate in value analysis (VA) and value engineering (VE) activities and generate cost reduction ideas on current production products.
• Present project cost updates along with risks and opportunities to higher management on monthly basis.
• Be a resource of cost information on assigned projects for the entire organization (upper management, marketing, sales, engineering, financial, manufacturing, etc).
• Provide the organization with monthly cost reports and cost tracking of current product.

Required Qualifications

• Bachelor’s degree in Mechanical, Manufacturing, Industrial or Electrical Engineering
• 3-5 years of industry experience
• Proficient in BDI (Boothroyd Dewhurst Inc), A-priori or related costing software
• Working knowledge of a Bill of Material, its development and application
• Practical knowledge of VA/VE techniques and strong financial awareness
• Functional understanding of 3D CAD software (Creo Preferred)
• Proficient in Microsoft office

Preferred Qualifications

• In-depth knowledge of Manufacturing processes (Casting, Stamping, Injection molding, extrusion, PCBA) and compatible materials
• Leverage of Lean Six Sigma Green Belt

The anticipated pay range for this position is $72,000 to $115,300 annually.

Benefits

• Comprehensive and high-quality benefits offerings, including medical, dental, vision, paid vacation, 401k (up to 4% match), Health Savings Account (with company contribution), well-being program, product purchase discounts and much more.

About Mercury Marine

Headquartered in Fond du Lac, Wisconsin, Mercury Marine® is the world’s leading manufacturer of recreational marine propulsion engines. A division of Brunswick Corporation (NYSE: BC), Mercury provides engines, boats, services and parts for recreational, commercial and government marine applications. Mercury empowers boaters with products that are easy to use, extremely reliable and backed by the most dedicated customer support in the world. The company’s industry-leading brand portfolio includes Mercury outboard engines, Mercury MerCruiser® sterndrive and inboard packages, Mercury propellers, Mercury inflatable boats, Mercury SmartCraft® electronics, Land 'N' Sea marine parts distribution and Mercury and Quicksilver® parts and oils.