Cost Planning Engineer

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Job Description - Cost Planning Engineer

What Makes a Honda, is Who makes a Honda
Honda has a clear vision for the future, and its a joyful one.

We are looking for individuals with the skills, courage, persistence, and dreams that will help us reach our future-focused goals.
At our core is innovation. Honda is constantly innovating and developing solutions to drive our business with record success.

We strive to be a company that serves as a source of power that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize the joy and freedom of mobility by developing new technologies and an innovative approach to achieve a zero environmental footprint.
We are looking for qualified individuals with diverse backgrounds, experiences, continuous improvement values, and a strong work ethic to join our team.
If your goals and values align with Hondas, we want you to join our team to Bring the Future!

About this Position:

To achieve HDMA business targets, it is critically important to determine whether a given part/system design is cost competitive and a reasonable value for the money.
The Cost Planning Engineer deeply understands the Design Category's cost situation. This position can identify concerns with cost accuracy or efficiency and suggest options for cost reduction and optimization. The Cost Planning Engineer has sufficient technical background to understand the cost drivers to be able to judge reasonableness of cost/investment in a given part or system.

Responsibilities include:

Expertise:

Demonstrate ability to generate an accurate cost estimate from given part characteristics and manufacturing process.

Regularly consult with Design, Purchasing and Supplier to understand latest application of technology and purchasing strategies and their impact to Cost.

Utilize experience, logic, comparative analysis to generate proposals for design cost optimization.

Utilize experience to identify areas where consolidation and bundling can improve sourcing cost structure and share insights with Purchasing team.
Verification:

Verify reasonableness of cost targets received by carefully examining the logic and assumptions that were used in creating them.

Raise awareness if target cannot be logically validated but prepare alternative solution with appropriate justification in such cases.

Once established, develop a reasonable path to achieve said part-by-part targets and verify that the design is maturing in that direction.

Propose creative solutions as needed to balance the overall unit when certain parts cannot realize the target.
Correlation activity:

Lead all cost discussion events at the layout check, drawing check and the correlation events. Provide leadership and guidance at each event; Demonstrate insights to help resolve difficulties.

Summarize the results and report it at the Group Maru-Q event.
Department Verification:

Attend and support any discussion for parts cost / investment.
R-themes support:

For Research Themes that are cost-related, provide the business viewpoint for the new technology or strategy being proposed.

Consult with procurement and review quotes for accuracy to ensure business benefit.
Performs other related duties as assigned or requested.

Who we are seeking:

Required Experience:
8+ years of experience combining product development and design team leadership.
Required Education:
Bachelors degree in engineering field.
Other job-specific skills:
Technical expertise in part materials and manufacturing process.
Ability to determine if a design is optimized for cost / investment.
Basic use of CATIA (not expert), Excel, PowerPoint for analysis and reporting.
Works well in a Team setting or independently in a fast-paced environment.
Additional Position Factors:
Travel:

Average of 1-2 times annually.

Varies based on project demands / responsibilities.
Overtime: OT expected but varies based on project demands / responsibilities

At Honda, you will play a key role in our journey to become a company that society wants to exist now, and in the future. Your endless curiosity will drive innovation and your courageous spirit will challenge the status quo.

We believe having a workforce made up of diverse thinkers and innovators makes us a better Honda.

Respect for each other and respect for diversity each and every day drives our associates to contribute at the highest level and work effectively in a team environment.

We make the dream of mobility a reality with our innovative and high-quality products. Together, we Bring the Future to our customers, associates, and communities.

We are Honda!

Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.

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