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Sr Should Cost Engineer

Schneider Electric

Sr Should Cost Engineer

Schneider Electric

Monterrey, Mexico

·

On-site

·

Full-time

·

1w ago

Who are we?

As a global specialist in energy management, Schneider Electric takes on the challenge of transforming the way people and organizations use energy.

We make electricity available for both individuals and organizations, ensuring reliability and safety thanks to our wide range of electrical distribution, automation, and critical power & cooling solutions.

We provide energy‑efficiency technologies that help our customers achieve greater productivity while consuming fewer resources.

Today, industries, infrastructure, and buildings account for more than 70% of global energy consumption, and with our solutions, customers can reduce energy usage by up to 30%.

Schneider Electric continues to demonstrate strong performance and global scale.

In 2025, the company crossed €40 billion in annual revenues for the first time, achieving €40.2 billion with 8.9% organic growth, and has more than 140,000 employees in over 100 countries.

What are we looking for?

We are seeking a highly motivated and technically strong Senior Should Cost Engineer to enhance Schneider Electric’s cost competitiveness across the North America region.

In this role, you will conduct Should Cost analyses across fabricated components and raw material categories, enabling data‑driven negotiations, cost transparency, and continuous productivity improvement in addition to lead new Should Costing Digital platforms (NAM).

This role is based in Monterrey, Mexico, reporting operationally to the North America Procurement Director (Nashville, TN, USA), and dotted line with Sr Should Cost Manager (Apodaca, NL, MX).

In addition to collaborating in a global matrix with cross‑functional teams.

Responsibilities: Strategic Cost Leadership Develop, lead, and execute the Should Cost strategy for direct materials procurement strategies.

Create cost-saving road maps aligned with regional and category management strategies.

Provide insights and technical guidance as a strategic partner in sourcing and negotiation activities.

Function: as Subject Matter Expert for Digital Costing platforms and lead efforts towards successful adoption for NAM.

Advanced Cost Modeling & Analytics Conduct detailed Should Cost and Clean Sheet analyses for key categories such as stampings, sheet metal and plastics.

Build, calibrate, and refine cost models using analytics tools and engineering software (e.g., a Priori, Creo, Lantek, AI-enhanced platforms) Benchmark internal and external cost data to identify productivity opportunities.

Cross-Functional Partnership Work closely with Category Management, Procurement Management, and technical experts to drive gap analysis and implement corrective actions plans.

Lead training sessions, workshops, and capability-building initiatives to increase Should Cost adoption across the procurement organization.

Support Value engineering initiatives by driving cost optimization with key products and strategic suppliers.

Operational impact Enhance Should Cost and Clean Sheet coverage across categories Partner with procurement negotiators and collaborate with suppliers to achieve sustainable, fact-based cost reductions.

Contribute to margin expansion by lowering direct material costs through analytics-driven insights.

Qualifications: Self-driven / motivated individual with strong communication, collaboration and influence skill set. 5-10 Years of experience in Should Costing Engineering & Methodology analysis Strong Procurement and strategic sourcing background with proven track record of success.

Negotiating skills and experience working in a strategic environment.

Cost Structure Expert (Value Add, Raw Material, Labor Rates, Machine Rates, Overhead, SG&A) Demonstrated Should Cost calculation experience on Fabricated Components and Raw Material categories and certification on Engineering Software such as a Priori, Creo, Lantek, and others recent AI-enhanced platforms.

Strong Analytical Skills and Excel proficiency for large datasets, curiosity to innovate new formulas for better calculation.

Bachelor’s degree in Supply Chain, Engineering, or other related function from a recognized University.

Master degree is ideal.

Familiar with #Regression Analysis (#Minitab, R Studio).

Desired experience in Machine Learning basic foundation for Regression.

Schneider Electric offers a competitive total compensation and benefits package.

Let us learn about you!

Apply today.

Looking to make an IMPACT with your career?

When you are thinking about joining a new team, culture matters.

At Schneider Electric, our values and behaviors are the foundation for creating a great culture to support business success.

We believe that our IMPACT values – Inclusion, Mastery, Purpose, Action, Curiosity, Teamwork – starts with us. IMPACT is also your invitation to join Schneider Electric where you can contribute to turning sustainability ambition into actions, no matter what role you play.

It is a call to connect your career with the ambition of achieving a more resilient, efficient, and sustainable world.

We are looking for IMPACT Makers; exceptional people who turn sustainability ambitions into actions at the intersection of automation, electrification, and digitization.

We celebrate IMPACT Makers and believe everyone has the potential to be one.

Become an IMPACT Maker with Schneider Electric – apply today! €36 billion global revenue +13% organic growth 150 000+ employees in 100+ countries #1 on the Global 100 World’s most sustainable corporations You must submit an online application to be considered for any position with us.

This position will be posted until filled.

Schneider Electric aspires to be the most inclusive and caring company in the world, by providing equitable opportunities to everyone, everywhere, and ensuring all employees feel uniquely valued and safe to contribute their best.

We mirror the diversity of the communities in which we operate, and ‘inclusion’ is one of our core values.

We believe our differences make us stronger as a company and as individuals and we are committed to championing inclusivity in everything we do.

At Schneider Electric, we uphold the highest standards of ethics and compliance, and we believe that trust is a foundational value.

Our Trust Charter is our Code of Conduct and demonstrates our commitment to ethics, safety, sustainability, quality and cybersecurity, underpinning every aspect of our business and our willingness to behave and respond respectfully and in good faith to all our stakeholders.

You can find out more about our Trust Charter here Schneider Electric is an Equal Opportunity Employer.

It is our policy to provide equal employment and advancement opportunities in the areas of recruiting, hiring, training, transferring, and promoting all qualified individuals regardless of race, religion, color, gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status, or any other legally protected characteristic or conduct.

Who are we?

As a global specialist in energy management, Schneider Electric takes on the challenge of transforming the way people and organizations use energy.

We make electricity available for both individuals and organizations, ensuring reliability and safety thanks to our wide range of electrical distribution, automation, and critical power & cooling solutions.

We provide energy‑efficiency technologies that help our customers achieve greater productivity while consuming fewer resources.

Today, industries, infrastructure, and buildings account for more than 70% of global energy consumption, and with our solutions, customers can reduce energy usage by up to 30%.

Schneider Electric continues to demonstrate strong performance and global scale.

In 2025, the company crossed €40 billion in annual revenues for the first time, achieving €40.2 billion with 8.9% organic growth, and has more than 140,000 employees in over 100 countries.

What are we looking for?

We are seeking a highly motivated and technically strong Senior Should Cost Engineer to enhance Schneider Electric’s cost competitiveness across the North America region.

In this role, you will conduct Should Cost analyses across fabricated components and raw material categories, enabling data‑driven negotiations, cost transparency, and continuous productivity improvement in addition to lead new Should Costing Digital platforms (NAM).

This role is based in Monterrey, Mexico, reporting operationally to the North America Procurement Director (Nashville, TN, USA), and dotted line with Sr Should Cost Manager (Apodaca, NL, MX).

In addition to collaborating in a global matrix with cross‑functional teams.

Responsibilities: Strategic Cost Leadership Develop, lead, and execute the Should Cost strategy for direct materials procurement strategies.

Create cost-saving road maps aligned with regional and category management strategies.

Provide insights and technical guidance as a strategic partner in sourcing and negotiation activities.

Function: as Subject Matter Expert for Digital Costing platforms and lead efforts towards successful adoption for NAM.

Advanced Cost Modeling & Analytics Conduct detailed Should Cost and Clean Sheet analyses for key categories such as stampings, sheet metal and plastics.

Build, calibrate, and refine cost models using analytics tools and engineering software (e.g., a Priori, Creo, Lantek, AI-enhanced platforms) Benchmark internal and external cost data to identify productivity opportunities.

Cross-Functional Partnership Work closely with Category Management, Procurement Management, and technical experts to drive gap analysis and implement corrective actions plans.

Lead training sessions, workshops, and capability-building initiatives to increase Should Cost adoption across the procurement organization.

Support Value engineering initiatives by driving cost optimization with key products and strategic suppliers.

Operational impact Enhance Should Cost and Clean Sheet coverage across categories Partner with procurement negotiators and collaborate with suppliers to achieve sustainable, fact-based cost reductions.

Contribute to margin expansion by lowering direct material costs through analytics-driven insights.

Qualifications: Self-driven / motivated individual with strong communication, collaboration and influence skill set. 5-10 Years of experience in Should Costing Engineering & Methodology analysis Strong Procurement and strategic sourcing background with proven track record of success.

Negotiating skills and experience working in a strategic environment.

Cost Structure Expert (Value Add, Raw Material, Labor Rates, Machine Rates, Overhead, SG&A) Demonstrated Should Cost calculation experience on Fabricated Components and Raw Material categories and certification on Engineering Software such as a Priori, Creo, Lantek, and others recent AI-enhanced platforms.

Strong Analytical Skills and Excel proficiency for large datasets, curiosity to innovate new formulas for better calculation.

Bachelor’s degree in Supply Chain, Engineering, or other related function from a recognized University.

Master degree is ideal.

Familiar with #Regression Analysis (#Minitab, R Studio).

Desired experience in Machine Learning basic foundation for Regression.

Schneider Electric offers a competitive total compensation and benefits package.

Let us learn about you!

Apply today.

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About Schneider Electric

Schneider Electric

Schneider Electric SE is a French multinational corporation that specializes in energy technology, covering electrification, automation, and digitalization for industry and homes.

10,001+

Employees

Rueil-Malmaison

Headquarters

Reviews

4.0

45 reviews

Work Life Balance

3.6

Compensation

4.3

Culture

4.2

Career

4.5

Management

3.5

84%

Recommend to a Friend

Pros

Cutting-edge technology stack and interesting technical challenges

Competitive compensation packages with equity

Strong engineering culture with focus on code quality

Cons

Some legacy systems that need modernization

Work-life balance can be challenging during product launches

Fast-paced environment with tight deadlines

Salary Ranges

3 data points

Principal/L7

Senior/L5

Principal/L7 · Principal Data Scientist

0 reports

$211,000

total / year

Base

-

Stock

-

Bonus

-

$179,350

$242,650

Interview Experience

3 interviews

Difficulty

2.7

/ 5

Duration

14-28 weeks

Offer Rate

33%

Experience

Positive 33%

Neutral 67%

Negative 0%

Interview Process

1

Application Review

2

Technical/Hiring Manager Interview

3

HR Screen

4

Final Interview Round

5

Offer

Common Questions

Technical Knowledge

Behavioral/STAR

Past Experience

Culture Fit