Director Cost Engineering

Job Description

TrueValue Hub is an AI-native B2B SaaS solution for direct material sourcing for manufacturing companies. We help manufacturing companies save cost on their direct material procurement, and reduce sourcing cycle time, and new product introduction time to market. We provide detailed cost insights of custom design parts for buyers and suppliers, a secure collaboration platform, and a marketplace to collaborate on cost.

We are seeking a highly experienced and results-driven Director of Cost Engineering to lead the cost engineering track for the casting category. The ideal candidate will possess experience in different casting processes (Sand Casting, HPDC, LPDC, GDC, Investment Casting, Permanent Mold costing, etc.). This senior-level role will oversee the casting module&aposs development, calibration, and automation to drive accuracy and efficiency. The candidate should understand the cost estimation methodologies and calculations for the casting category, macro and micro economic factors, and supply chain dynamics impacting the casting industry. The ideal candidate will bring extensive expertise across multiple industry segments in cost engineering and casting processes and shop floor experience.

Responsibilities:

Leadership and Strategy:

- Develop and implement a comprehensive cost engineering strategy for the casting category, addressing multiple casting methods and industry requirements.
- Lead a global team of cost engineers, providing mentorship and technical direction, ensuring delivery of accurate, detailed costing analyses and actionable recommendations for the clients.
- Lead client engagements for accurate and timely delivery of client initiatives and programs.
- Collaborate with cross-functional teams, product development/engineering, and lead client engagements for the casting category.

Costing and Analysis:

- Drive cost evaluations for various casting processes, including sand casting, investment casting, die casting, and permanent mold casting.
- Develop and maintain detailed cost models in our costing solution tailored to industry-specific requirements, such as automotive, aerospace, industrial, appliances, and medical industries.
- Identify key cost drivers and provide actionable insights for cost reduction through VA/VE, alternate manufacturing processes and material selection, and process improvements.

Process Improvement:

- Implement cost engineering best practices across different casting methods to enhance efficiency, quality, and cost transparency.
- Champion accuracy, automation, and continuous improvement in True ValueHub solution for casting module.

Industry Collaboration:

- Monitor industry trends and technological advancements in casting to identify opportunities for solution enhancements and efficiency.
- Act as a casting cost engineering expert, advising on strategic decisions and market positioning.

Qualifications:

Education:

- Bachelors degree in Engineering, Materials Science, or a related field; Masters degree preferred.

Experience:

- Minimum of 12+ years of experience in cost engineering, with a focus on casting processes across multiple industries.
- Proven expertise in various casting methods, including sand, HPDVC, LPDC, GDC, investment, die, and permanent mold casting.
- At least 5 years of leadership experience in a cost engineering or related role.

Technical Skills:

- Comprehensive knowledge of casting materials, techniques, and cost drivers.
- Proficiency in cost modeling tools, software, and data analysis.
- Familiarity with industry standards and certifications in casting processes (e.g., ASME, ASTM, ISO).

Leadership Skills: Strong ability to inspire, guide, and develop teams.

Analytical Skills: Exceptional problem-solving and data-driven decision-making abilities.

Communication: Outstanding verbal and written communication skills to effectively influence stakeholders at all levels.

Key Competencies:

- Strategic thinking and multi-industry knowledge.
- Ability to adapt to diverse casting technologies and applications.
- Strong business acumen with expertise in cost structures and market trends.
- Collaborative mindset and interpersonal skills.

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