What are the responsibilities and job description for the Cost Engineer - Global Sourcing position at INNIO?
Join INNIO’s Procurement Team and help shape the future of energy solutions!
At INNIO, our Direct Materials Procurement Team plays a critical role in delivering cost-effective, high-quality materials that power our innovative products. We are seeking a Cost Engineer – Global Sourcing who combines technical expertise with commercial acumen and a passion for cost optimization. If you thrive on analyzing data, driving efficiency, and influencing strategic decisions, this is your opportunity to make a real impact.
What You’ll Do
- Perform detailed cost analysis focused on suppliers and market trends to guide procurement decisions.
- Implement target costing strategies for new product development (NPD) and ongoing projects.
- Lead benchmarking studies and market assessments to identify competitive advantages.
- Support integration of new technologies into sourcing strategies.
- Drive cross-functional cost optimization initiatives to enhance efficiency and effectiveness.
- Champion the Design-to-Cost approach to optimize product costs.
- Conduct supplier visits to uncover and implement cost-saving opportunities.
- Prepare insightful reports and presentations for stakeholders.
What We’re Looking For
- Education: Bachelor’s degree in Engineering, Business, or related field (or equivalent experience).
- Experience: Several years of professional experience; prior manufacturing engineering experience is a plus.
- Strong understanding of manufacturing processes, component production, and assembly.
- Proven ability to calculate and analyze component costs.
- Exceptional analytical skills, initiative, and assertiveness combined with team spirit.
- Independent, structured work style with a high degree of reliability.
Why INNIO?
At INNIO, we are committed to powering a cleaner, more sustainable future. Our innovative energy solutions help customers reduce emissions and improve efficiency worldwide. We foster a culture of collaboration, diversity, and continuous learning, where every team member has the opportunity to make an impact.
What we offer:
- A dynamic, international work environment with cutting-edge technology.
- Opportunities for professional growth and career development.
- Competitive compensation and benefits.
- A chance to contribute to global sustainability goals and shape the future of energy.
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Keywords:
Cost Engineer jobs, Global Sourcing careers, Procurement jobs, Cost Analysis roles, Target Costing positions, Manufacturing Engineering jobs, Design-to-Cost, Supplier Cost Optimization, Benchmarking, Energy Solutions careers, INNIO jobs.