Cost Engineer Leader

2 weeks ago

Coventry, Coventry, United Kingdom Jaguar & Land Rove Full time

Innovative Cost Solutions for a Sustainable Future

About the Role

Jaguar Land Rover is seeking a highly skilled Senior Cost Engineer to join their finance team within the Powertrain and Propulsion Department. This exciting opportunity will empower the business to achieve cost-effective solutions through robust cost analysis, including 'Should Cost' estimates, vehicle cost target setting, Value Analysis/Value Engineering (VA/VE), design optimization, and supplier negotiations.

Key Responsibilities

  1. Deliver detailed and directional Should Costs (estimates) within Powertrain and Propulsion.
  2. Lead initiatives to identify commodity cost-saving opportunities within the JLR supply chain.
  3. Participate in supplier selection and strategy planning, driving commercial and lead technical negotiations to close cost gaps.
  4. Influence Product Development with Design-for-Manufacture/Cost advice and cost estimates.

Requirements and Expectations

  1. Experience in 'Should Cost Analysis' with all Cost Estimating duties, ensuring conformity to departmental procedures and processes, involving both detailed and directional costings.
  2. Value Analysis and Value Engineering (VAVE), providing expert technical and cost direction to Programme teams, including competitor benchmarking, cost down workshops, tear-down activities, cost target setting, and cost gap closure.
  3. Supplier Review - Use technical and commercial expertise to review, validate, and drive Best Practice in supplier processes, taking a lead role in supplier selection activities, Quotation Request (RFQ) production, Quotation analysis (QAF) review, process modeling, and verification.
  4. Cost Engineering Support - Undertake Value for Money (VFM) assessments for design changes, reviewing supplier claims for material and economic cost deviations, supplier QAF analysis, and assisting Product Development on cost impact of design alternatives.
  5. Cost Negotiation - Drive supplier negotiations, both within and in addition to cross-functional team activities at the tendering process, engineering design changes, and supplier claims.

Culture and Benefits

Jaguar Land Rover values diversity and inclusivity, offering a culture that welcomes all backgrounds. Hybrid working is available, providing employees with flexibility and choice. We believe in personal growth and development, encouraging applications from candidates who may not meet the full criteria.

JLR is committed to equal opportunity for all. We strive to create an environment where everyone can bring their authentic self to work and reach their full potential.

#WEAREJLR

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