Cost Engineering Analyst III

Tasks Inside the Role This position is responsible for leading cost planning structures. Posting Information We provide a scheduled posting end date to assist our candidates with their application planning. While this date reflects our latest plans, it is subject to change, and postings may be extended or removed earlier than expected. We Take Care of Our Team Position offers an annual salary of $144,419.00. Benefits include: - Annual bonus program - 401k company contribution with company match up to 6% as well as non-elective company contribution of 3 to 7% depending on age - Starting at 4 weeks paid vacation - 13+ calendar holidays - 8 weeks paid parental leave - Employee assistance program - Comprehensive healthcare plans and wellness programs - Onsite fitness (at some locations) - Tuition assistance and volunteer paid time off - Short-term and long-term disability plans What You Drive at DDC Detroit Diesel Corporation seeks a Cost Engineering Analyst III based out of our office in Detroit, Michigan 48239. This is a hybrid position where the employee will work both from home and from the aforementioned office address. The employee must live within a reasonable commuting distance of the office. This position requires up to 10% domestic and international travel per year. Responsibilities include: - Leading cost planning structures - Determining bottom-up target costs of REC (Reference Calculation) - Maintaining detailed knowledge of parts in scope, related technologies, materials, and production processes - Participating in cost avoidance and reduction activities based on bottom-up cost calculation according to the global Cost Engineering methodology supported by available systems - Proactively assessing gaps between prices, purchasing, and engineering, aligning next steps, and tracking progress to close cost gaps - Setting up cost engineering strategies to achieve short, intermediary, and long-term savings - Supporting the Purchasing department in negotiations and directly discussing cost gaps with suppliers - Collaborating with the Engineering department to promote designs and avoid costly product changes - Supporting the creation of cost targets with a bottom-up approach for product projects - Verifying savings potentials by benchmarking complex powertrain parts - Engaging in tear downs and cost driver analysis for internal and external parts - Representing the Cost Engineering Team in cross-functional project team meetings and providing cost transparency for the project lead and cross functions Knowledge You Should Bring - Bachelor’s degree in Mechanical, Electrical, or Industrial Engineering, or its equivalent - 10 years of experience in the Automotive and/or heavy truck industry - 3 years of experience in a Cost Engineering role - 1 year of group leader, project lead, or mentoring experience - Experience with manufacturing process optimization and Siemens calculation software for generating cost calculations - 10% domestic and international travel required Where We Work This position is open to applicants who can work in (or relocate to) the following location: Detroit, MI US. Relocation assistance is not available for this position. Schedule Type Hybrid (4 days per week in-office, 1 day remote). This schedule builds our #OneTeamBestTeam culture, provides an unparalleled customer experience, and creates innovative solutions through in-person collaboration. At Daimler Truck North America, we recognize our world is changing faster than ever before. By listening to the needs of today, we’re building to solve with cutting-edge solutions in sustainability and future driving technology across electric, hydrogen, and autonomous. These solutions, backed by years of innovative success and achievement, continue DTNA’s legacy as the undisputed industry leader. Our evolving brand portfolio is second to none, including Freightliner Trucks, Western Star, Demand Detroit, Thomas Built Buses, Freightliner Custom Chassis, and Financial Services. Together, we work as one team towards our envisioned future – building a cleaner, safer, and more efficient tomorrow for all. That is what we are working toward for all who keep the world moving. Additional Information - This position is not open for Visa sponsorship or to existing Visa holders - Applicants must be legally authorized to work permanently in the country the position is located in at the time of application - Final candidate must successfully complete a criminal background check - Final candidate may be required to successfully complete a pre-employment drug screen - Contractors, professional services, or other contingent workers should confirm with their local agency if they are eligible to apply for full-time positions - Equal Employment Opportunity for Disabled/Veterans Daimler Truck North America is committed to workforce inclusion and providing an environment where equal employment opportunities are available to all applicants and employees without regard to race, color, sex (including pregnancy), religion, national origin, age, marital status, family relationship, disability, sexual orientation, gender identity and expression (including transgender and transitioning status), genetic information, or veteran status. For an accommodation or special assistance with applying for a posted position, please contact our Human Resources department at 503-745-8982 or toll free 800-206-3369. For TTY/TDD enabled, call 503-745-2137 or toll free 866-355-6935. Qualifications Please see above for qualification details.