General information

Job Title
Senior Cost Engineer
Ref #
11387
Date
Thursday, February 17, 2022
Country
United Kingdom
Location
Woking
Business area
Purchasing
Department
Purchasing Business Office & Special Operations
Position level
Qualified Senior
Working time
Full Time
Contract type
Permanent
Working pattern
9am - 6pm Monday to Friday

Description & Requirements

Background

No restraints. No limitations. We don’t simply push boundaries. We completely rethink them. McLaren Automotive exists to create breath-taking performance road cars.

With innovation at the core of all we do, every challenge starts with the same question. How can we do it better? This restless spirit runs right through McLaren Automotive. And the search for perfection is evident in everything we do.

Purpose of Role

As our Cost Engineer you will participate in the design release, supplier sourcing strategy and negotiations in a wide range of commodities, industries, and be immersed in the engineering solutions leading the automotive community to new standards of quality. You will Influence the vehicle’s foundation by providing best manufacturing practices and feedback to the development team to ensure design to cost philosophy is inherit early in the vehicle’s DNA.

You will help to develop the function to grow in alignment with the growth and rapidly changing McLaren business by introducing tools, templates and expertise that ensure optimal cost benchmarks are an effective tool in the negotiation with sourcing suppliers.

You will be part of the sourcing and negotiation team, participating in front-line technical negotiations & internal reporting, being responsible for a set of commodities and accountable for the deliverables for a set of suppliers.

Principal Accountabilities

  • Support the business delivering detailed cost targets for sourcing strategy on future programs, as well as supporting on-going negotiations on current production vehicles, identifying key cost drivers and prioritising key discussion point with suppliers.
  • Mandatory knowledge of creating cost estimates from base, without the aid of proprietary calculation software, having a scientific and demonstrable approach to the costing methodology assumptions.
  • Support ad-hoc requests for cost breakdown verification and high-level costing for engineering changes.
  • Lead categorising suppliers in the business by creating a map of supplier capabilities and capacities to ensure sourcing is done on Best-In-Class industry actors.
  • Ensure productivity targets are defined with incumbent suppliers and negotiate along with the commodity team to guarantee its delivery.
  • Lead lean manufacturing and productivity optimisation studies; resulting in actions to guarantee incumbent suppliers adhere to best manufacturing practises and process flow.
  • Maintain and improve upon internal databases for materials, labour & facilities; tracking economic changes over time, ensuring up to date market data with verifiable sources.
  • Develop and improve upon internally created tools and calculation templates to ensure consistency on the delivered estimates and guarantee continuity of costing practises.
  • Create and present training material on manufacturing processes and commodities for new cost engineers, buyers and any other stakeholders involved.
Knowledge, Skills and Experience

  • Carbon fibre composites experience preferred but not essential.
  • Ability to work in highly competitive and driven environment.
  • Have a structured approach and organised mindset to problem resolution.
  • Comprehension of engineering designs and supplier quotations, being able to deduce misalignment on manufacturing processes and inconsistencies with market data.
  • Proficiency using CAD system’s visualisation software, identifying component materials, GD&T dimensional tolerances and be able to infer manufacturing process flow.
  • Tailor costing assumptions based on low-volume scenarios, highly specialised manufacturing and limited industry participants.
  • Ability create side-by-side quotation comparisons and waterfalls, identifying key cost drivers, explaining cost gaps and prioritising areas of focus during supplier negotiations.
  • Advanced knowledge of Microsoft Office Suite, with emphasis on datasets and calculation templates (Excel) & creating clear and visual reports to guide business stakeholders with punctual results (PowerPoint).
  • Preferred knowledge on lean manufacturing, Kaizen and movement studies.
Personal Attributes

We recognise that we can only achieve our vision with the dedication and collaboration of our world class employees.  It is our aim to become the employer of choice within the global automotive industry.

 At McLaren Automotive we are constantly looking to improve. To become the employer of choice we are always looking to develop our employee offerings. We currently offer a range of benefits to employees at all levels of the business including Private Healthcare, Contributory Pension Scheme, Life Assurance and Personal Lease Car Scheme. We also offer a range of discounts with our partner organisations.