Director Cost Engineering - Forging
Posted Updated
Description
True ValueHub is an AI-native B2B SaaS solution for manufacturing companies. We help manufacturing companies save costs on direct material procurement. Our AI engine provides visibility into the true cost of manufacturing products and components globally and reduces sourcing cycle time and new product introduction time to market. We provide detailed total landed cost insights for buyers and suppliers and a secure collaboration platform. Our award-winning technology has been rated as a leading solution in our segment.
We are seeking a highly experienced and results-driven Director of Cost Engineering to lead the cost engineering track for Metal Forming. The ideal candidate will possess experience in different Metal Forming processes (Hot Forging Closed Die, Hot Forging open Die, Cold Forging Closed Die, Cold Heading, Ring Rolling, Roll Forging, Upset Forging, Tooling for Forging process with Heat Treatment and Machining). This senior-level role will oversee the Metal Forming module's development, calibration, and automation to drive accuracy and efficiency. The candidate should understand the cost estimation methodologies and calculations for different Metal Forming category, macro and micro economic factors, and supply chain dynamics impacting the Metal Forming industry. The ideal candidate will bring extensive expertise across multiple industry segments in cost engineering and Metal Forming processes and shop floor experience.
Responsibilities:
Leadership and Strategy:
- Develop and implement a comprehensive cost engineering strategy for the Metal Forming category, addressing multiple Metal Forming 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 Metal Forming category.
Costing and Analysis:
- Drive cost evaluations for various Metal Forming processes, including Tooling, Machining, Heat Treatment and related process for Forging.
- 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 Metal Forming methods to enhance efficiency, quality, and cost transparency.
- Champion accuracy, automation, and continuous improvement in True ValueHub solution for Metal Forming module.
Industry Collaboration:
- Monitor industry trends and technological advancements in Metal Forming to identify opportunities for solution enhancements and efficiency.
- Act as a Metal Forming cost engineering expert, advising on strategic decisions and market positioning.
Qualifications:
Education:
- Bachelor’s degree in Engineering, Materials Science, or a related field; Master’s degree preferred.
Experience:
- Minimum of 20–25+ years of experience in cost engineering, with a focus on Metal Forming processes across multiple industries.
- Proven expertise in various Metal Forming , including Tooling, Machining, Heat Treatment and related process for Forging.
- At least 5 years of leadership experience in a cost engineering or related role.
Technical Skills:
- Comprehensive knowledge of Metal Forming materials, techniques, and cost drivers.
- Proficiency in cost modeling tools, software, and data analysis.
- Familiarity with industry standards and certifications in Metal Forming 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 Metal Forming technologies and applications.
- Strong business acumen with expertise in cost structures and market trends.
- Collaborative mindset and interpersonal skills.