Costing Engineer - Innovation Ventures
Core
Develop cost estimates, models, and value engineering analyses to support product development and ensure cost targets are met while maintaining quality.
Role type
Costing Engineer (Product Development)
Builds
Product cost models, cost intelligence, and scalable costing methodologies for consumer toys and entertainment products.
Domain
Consumer goods / Toy manufacturing / Product Development
Required skills
Product costing, BOM analysis, manufacturing process knowledge, cost driver identification, value analysis/value engineering (VA/VE), supplier cost evaluation, cost modeling, Microsoft Excel proficiency.
Preferred skills
Knowledge of plastics, injection molding, tooling, consumer product manufacturing.
Responsibilities
Develop and maintain product cost estimates from concept through production; Prepare cost analyses to support design decisions and supplier negotiations; Evaluate product, tooling, packaging, and manufacturing costs for optimization; Partner with Product Development and Design teams to balance cost, quality, and performance; Participate in Value Analysis / Value Engineering (VA/VE) activities; Support cost publishing and reporting at key project milestones; Collaborate with suppliers and manufacturing partners to understand cost drivers; Assist in developing scalable cost estimation tools and knowledge repositories.
Seniority
Entry-level to Mid-level, hands-on IC