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Costing Engineer(PWT Domain)

Position Value

1.Understand latest and cost-efficient engineering solution through technical benchmark

2.Learn the engineering excellent practices from high-performance vehicle products across the world

3.Co-work with OEM or Tiers to attend in new product development phase

4.Communicate with global technical or costing experts

5.Utilize technical insights database

Responsibilities and duties

1.Complete and report relevant analysis reports according to customer requirements

2.Research and investigate cost parameters and technical parameters

3.Execute product cost calculation and provide cost optimization ideas or target cost

4.Timely coordinate to solve problems to ensure project normal delivery

KEY MEASURES & INDICATORS (main KPIs used in the role)

1.Generate analysis insights report as per the tasks assigned by manager and according to required quality standards

Qualifications and skills

1.More than 2 years experience/knowledge of HV Battery, HV Architecture or Transmission in the function of Product Development, Cost Engineering, Purchasing, SQE/STA, Lean Manufacturing or Value Engineering;

2.Experience on BOM cost calculation or VAVE from supplier chain, material and manufacturing process

3.English written & oral, overseas study experience is a plus

4.Bachelor or above degree in electronics, mechanical, industrial engineering or related area

5.Working experience in new forces/new power suppliers is preferred

6.Good communication skills and teamwork spirit

7.Strong adaptability and flexibility, innovative spirit

What You Should Know About Costing Engineer(PWT Domain), A2MAC1

Are you ready to take your career to the next level as a Costing Engineer in the innovative PWT Domain? Joining our dynamic team means diving deep into the world of engineering solutions that not only meet the highest standards but are also cost-efficient. Our company is committed to keeping pace with the latest trends in high-performance vehicle products, and we want you to be a part of that journey. As a Costing Engineer, your role will involve collaborating with OEMs and Tier-1 suppliers during the exciting new product development phase. You'll communicate with global technical and costing experts, utilizing a comprehensive technical insights database to inform your decision-making. With responsibilities that include analyzing customer requirements, investigating cost parameters, and executing precise product cost calculations, you'll have the opportunity to propose innovative ideas for cost optimization. We're looking for someone with over two years of experience in HV Battery, HV Architecture, or Transmission, and who's comfortable communicating in English, with an overseas study experience being a plus. If you have a Bachelor’s or higher in electronics, mechanical, industrial engineering, or a related field, along with a passion for teamwork and adaptability, we want you on our team. Let’s work together to ensure the successful delivery of our projects, making a meaningful impact in the cost engineering space!

Frequently Asked Questions (FAQs) for Costing Engineer(PWT Domain) Role at A2MAC1
What are the key responsibilities of a Costing Engineer at our company?

As a Costing Engineer in the PWT Domain, your key responsibilities will include completing and reporting insightful analysis that meets customer requirements, researching cost and technical parameters, executing product cost calculations, and providing innovative cost optimization recommendations. You will also collaborate with OEMs and Tier-1 suppliers, ensuring timely problem-solving to guarantee the normal delivery of projects.

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What qualifications do I need to become a Costing Engineer in the PWT Domain?

To be considered for the Costing Engineer position, candidates should have over two years of experience in areas like HV Battery, HV Architecture, or Transmission. A Bachelor’s degree in electronics, mechanical, industrial engineering, or a related field is required. Proficiency in English, strong communication skills, and experience with BOM cost calculations or VAVE processes are also essential.

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How important is teamwork for a Costing Engineer at our company?

Teamwork is crucial for a Costing Engineer in the PWT Domain. You will be working closely with internal teams and external partners, such as OEMs and suppliers, throughout the product development process. Effective communication and collaboration will enable you to coordinate efforts and solve problems efficiently, ensuring project success.

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What type of projects will I be involved in as a Costing Engineer?

In the role of Costing Engineer, you will engage in exciting projects related to the development of high-performance vehicle products. You'll work collaboratively on new product initiatives, analyzing costs, and developing strategies to optimize spending while maintaining high engineering standards.

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Is prior experience in new forces or new power suppliers necessary for the Costing Engineer position?

While not mandatory, prior experience in new forces or new power suppliers is preferred for the Costing Engineer role. This experience can provide valuable insights and knowledge that could enhance your contributions to the development of innovative vehicle technology solutions.

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Common Interview Questions for Costing Engineer(PWT Domain)
Can you describe your experience with HV Battery and its importance in product development?

When answering this question, highlight your relevant past experiences with HV Battery systems, discussing specific projects where you contributed to product development. Emphasize your understanding of how HV Batteries play a critical role in high-performance vehicles, and share examples of technical challenges faced and how you overcame them.

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How do you approach cost calculation for new products?

Your answer should outline a systematic approach to cost calculation. Discuss gathering all relevant cost parameters, analyzing Bill of Materials (BOM), considering manufacturing processes, and utilizing any software or tools. Highlight the importance of collaboration with suppliers for accurate cost estimation.

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What techniques do you use for cost optimization?

Discuss techniques such as Value Analysis/Value Engineering (VAVE), benchmarking against industry standards, and identifying alternative materials or processes. Share a specific instance where your optimization efforts led to significant savings, showcasing your analytical skills and initiative.

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How do you ensure effective communication with global technical experts?

Emphasize the importance of clear and concise communication. Discuss your strategies for engaging with global experts, such as adapting your communication style, leveraging digital collaboration tools, and actively listening to ensure understanding and alignment on project goals.

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Tell us about a time you faced a problem during a project and how you solved it.

Provide a specific example that demonstrates your problem-solving skills. Describe the context of the problem, the steps you took to analyze and address it, and the positive outcome that resulted. This shows your ability to remain adaptable and proactive in challenging situations.

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What do you find most challenging about being a Costing Engineer?

Identify a common challenge in the role, such as staying updated with rapidly changing technologies or managing multiple stakeholders. Discuss how you manage these challenges through research, continual learning, and effective time management strategies.

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How do you stay current with trends in engineering and cost efficiency?

Your response should convey your commitment to professional development. Mention attending workshops, reading industry publications, participating in forums, and networking with peers. This demonstrates that you are proactive and passionate about your field.

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What role does adaptability play in your work as a Costing Engineer?

Discuss how adaptable you are in various aspects of your work, such as adjusting plans based on changing project requirements or new information. Share a specific instance that illustrates your adaptability and flexibility in a project environment.

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How do you prioritize tasks when working on multiple projects?

Talk about your organizational skills and strategies for prioritization, such as using project management tools, deadline awareness, and stakeholder communication. Provide an example to show how effective prioritization led to successful project outcomes.

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What qualities do you think are essential for a Costing Engineer?

Emphasize qualities like analytical thinking, attention to detail, strong communication skills, and teamwork. Discuss how these qualities contribute to both individual success and the overall success of engineering projects, backing your claims with relevant experiences.

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A2Mac1 is the world leader in the competitive benchmarking industry for the automotive sector with more than 600 employees across 9 offices and benchmarking centers around the globe. Our competitive benchmarking services as well as our cost analys...

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Full-time, remote
DATE POSTED
December 30, 2024

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