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Product Cost Engineer I

Komatsu · Peoria, Illinois, US

Join Komatsu and Be Part of Something Big! Job Overview The Product Cost Engineer partners with Engineering, Manufacturing, Supply Chain, and Finance to deve...

Job description

Join Komatsu and Be Part of Something Big! Job Overview: The Product Cost Engineer partners with Engineering, Manufacturing, Supply Chain, and Finance to develop accurate, data-driven product cost models and drive cost reduction across the product lifecycle. This role owns costed Bills of Material (BOMs) and routings, performs should-cost and variance analyses, and supports design-to-cost, sourcing, and continuous improvement initiatives. The position provides cost transparency and structured analysis that enables fact-based decision-making across product development, operations, and procurement. Key Job Responsibilities: Product Cost Modeling & Estimating: · Develop, validate, and maintain detailed product cost models including material, labor, overhead, scrap/yield, freight, tooling, and outside processing. · Create and maintain accurate costed Bills of Material (BOMs) and manufacturing routings; ensure alignment with ERP/MRP master data. · Perform bottoms-up and should-cost analyses for new designs, supplier quotes, and make/buy decisions. · Evaluate alternative design and manufacturing scenarios to identify the most cost-effective solutions. Design-to-Cost & Cost Reduction: · I...