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Cost Engineer 1

Garmin

Cost Engineer 1

Garmin

Olathe, Kansas

·

On-site

·

Full-time

·

1w ago

Overview We are seeking a full-time Cost Engineer 1 in our Olathe, KS location.

In this role, you will be responsible for partnering with Engineering, Operations, Sourcing and Supply Chain to achieve the lowest Total Cost of Ownership (TCO) and market leading Product Technology, Quality, Reliability and Cost of components / parts.

Essential Functions Team with Strategic sourcing, Engineering, Global Commodity Managers and suppliers to select the best component technology to achieve required functionality at the lowest TCO Communicate, suggest options and coordinate with multiple facilities to assist in the component selection Align the Product Life-Cycle with the Suppliers’ Technology Roadmaps to ensure supply Generate cost reduction ideas throughout the Product Life-Cycle from design to end-of-life Identify process/product efficiencies that will reduce overall costs, participate in price benchmarking, and thoroughly document work in an organized manner Support strategic sourcing efforts for various commodities and services within a matrix organization with emphasis on supporting electronic and electro-mechanical commodities Collaborate with Sourcing related to the creation of requests for information, requests for proposals, and requests for quotations and review responses Support strategic process improvements plans of continuous improvement and lean initiatives Drive supplier performance and metrics to achieve world-class levels in supplier Quality, Cost, Delivery and Service (QCDS) and may be responsible for planning own technical work Basic Qualifications Bachelor's Degree in Electrical Engineering or related Engineering degree Demonstrated knowledge in Cost Engineering or Component Engineering Excellent academics (cumulative GPA greater than or equal to 3.0 as a general rule) Demonstrated strong and effective verbal, written, and interpersonal communication skills Demonstrated capability for applying industry standards and procedures to develop, implement, and document operational processes and ability to learn how to use/apply tools Desired Qualifications Previous internship experience in an Electronics environment Outstanding academics (cumulative GPA greater than or equal to 3.5) Garmin International is an equal opportunity employer.

Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, veteran’s status, age or disability.

This position is eligible for Garmin's benefit program.

Details can be found here: Garmin Benefits
Essential Functions Team with Strategic sourcing, Engineering, Global Commodity Managers and suppliers to select the best component technology to achieve required functionality at the lowest TCO Communicate, suggest options and coordinate with multiple facilities to assist in the component selection Align the Product Life-Cycle with the Suppliers’ Technology Roadmaps to ensure supply Generate cost reduction ideas throughout the Product Life-Cycle from design to end-of-life Identify process/product efficiencies that will reduce overall costs, participate in price benchmarking, and thoroughly document work in an organized manner Support strategic sourcing efforts for various commodities and services within a matrix organization with emphasis on supporting electronic and electro-mechanical commodities Collaborate with Sourcing related to the creation of requests for information, requests for proposals, and requests for quotations and review responses Support strategic process improvements plans of continuous improvement and lean initiatives Drive supplier performance and metrics to achieve world-class levels in supplier Quality, Cost, Delivery and Service (QCDS) and may be responsible for planning own technical work
Basic Qualifications Bachelor's Degree in Electrical Engineering or related Engineering degree Demonstrated knowledge in Cost Engineering or Component Engineering Excellent academics (cumulative GPA greater than or equal to 3.0 as a general rule) Demonstrated strong and effective verbal, written, and interpersonal communication skills Demonstrated capability for applying industry standards and procedures to develop, implement, and document operational processes and ability to learn how to use/apply tools Desired Qualifications Previous internship experience in an Electronics environment Outstanding academics (cumulative GPA greater than or equal to 3.5) Garmin International is an equal opportunity employer.

Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, veteran’s status, age or disability.

This position is eligible for Garmin's benefit program.

Details can be found here: Garmin Benefits

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About Garmin

Garmin

Garmin manufactures marine, aviation, and consumer technologies suitable to run on positioning systems.

10,001+

Employees

Olathe

Headquarters

$13.2B

Valuation

Reviews

3.8

4 reviews

Work Life Balance

3.5

Compensation

3.2

Culture

4.0

Career

3.5

Management

3.0

75%

Recommend to a Friend

Pros

Good company culture

Relevant and interesting work

Well-known company reputation

Cons

Lower pay compared to competitors

Unclear management structure

Unfamiliar division assignments

Salary Ranges

27 data points

Junior/L3

Junior/L3 · Business Development

0 reports

$65,670

total / year

Base

-

Stock

-

Bonus

-

$55,819

$75,521

Interview Experience

2 interviews

Difficulty

2.5

/ 5

Duration

14-28 weeks

Offer Rate

50%

Experience

Positive 50%

Neutral 0%

Negative 50%

Interview Process

1

Technical Interview

Common Questions

Technical questions