Sr. Cost EngineerNew

Lucid Motors
Apply now

The opportunity

At Lucid, we are creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid’s proprietary technology and software-defined vehicle architecture, our award-winning vehicles bring our “Compromise Nothing™” approach to the global automotive market.

What you'll do

  • Develop Detailed Cost Estimates: Utilize Engineering BoM information, engineering drawings, computer-aided design (CAD) models, costing systems, and physical parts to generate precise piece price and tooling cost estimates inclusive of product, direct, and indirect costs.

  • Teardown and Analysis: Perform or support teardown of complex automotive components to analyze parts and develop a Bill of Materials (BoM). When detailed engineering data is not available, create cost estimates using physical parts and in-depth process knowledge.

  • Value Analysis and Engineering: Support Value Analysis and Value Engineering activities by identifying cost-saving opportunities within designs and manufacturing processes.

  • Supply Chain: Partner with Global Supply Managers (GSMs) to evaluate supplier pricing and cost structures, assess deviations between actual costs and cost estimates, identifying variances, opportunities for negotiation and cost reduction to achieve optimal sourcing outcomes.

  • Product Development & Engineering: Partner with engineering teams to utilize cost estimates and cost models to evaluate design choices, assess cost implications, and ensure alignment with budgetary constraints and target cost objectives.

  • Manufacturing Process Expertise: Knowledge and expertise of specific: manufacturing processes relevant to the automotive industry, including cycle time calculations, tooling requirements, and prototype and production cost drivers. Mechanical Expertise: Machining, Stamping (Progressive, Transfer, Stage, Hot Stamping), Injection Molding (Conventional, Over Molding, Multi-Shot, Insert, Compression, Reaction Foam, Structural Foam, Blow, and Gas Assisted), Casting (Die, Sand, and Investment), Forging, Extrusions, Roll Forming, etc.

What they're looking for

  • Electrical Expertise: Wiring and Harnesses, Printed Circuit Board Assemblies, Electro-Mechanical Systems (Motors, Actuators), Magnets, Power Electronics (IGBT’s, MOSFETs), Lighting (LED Manufacturing), Connectors and Terminals, Sensors, Cable and Conduit, etc.
  • Cost Modeling: Proven experience in developing and utilizing complex cost models, integrating engineering data, manufacturing process knowledge, and supplier quotations.
  • Engineering Design Understanding: Strong engineering skills to interpret CAD models, understand engineering design drawings, and extract key cost-related information for accurate cost estimation.
  • Cost Modeling Tool Proficiency: Experience utilizing cost modeling tools like aPriori, CostData, Siemens Product Cost Management, FACTON, or similar or indexes consulted to create cost models.