Principal Should Cost Engineer (Remote)

Overview

Principal Should Cost Engineer on a team designing, building and operationalizing a should cost capability that provides cost transparency to the sourcing team for supplier negotiations across RTX products and commodities.

What you'll do

• Lead cost modeling and benchmarking activities spanning complex assemblies and parts.
• Use aPriori significantly, along with home-grown regression models and models still to be developed.
• Should cost components and assemblies, translating engineering drawings and models into costed elements (material, labor, OH, tooling, logistics).
• Develop and maintain cost roll-ups and drivers at appropriate levels of granularity to support negotiations.
• Create assumptions and cost driver logic.
• Use historical data to create forward-looking models when should costing software is not available.
• Validate and calibrate models at appropriate intervals.
• Train new users of software or models and help upgrade standard work.
• Conduct should cost assessments on parts using aPriori.

What you'll need

• A degree in Science, Technology, Engineering or Mathematics (STEM) and minimum 8 years prior relevant experience, or an Advanced Degree in a related field and minimum 5 years of experience, or in absence of a degree, 12 years of relevant experience.
• Experience with should costing or designing to cost.
• Experience with engineering drawing, reading, and interpretation.
• Experience with SAP or other ERP system.

Nice to have

• Programming experience (VB, SQL, Python).
• Experience in aerospace/defense procurement or engineering.
• Experience with big data sets or data analytics.

Details

• Remote role, primarily offsite (from home); some onsite presence may be discussed by the manager if within a reasonable commute of an RTX site.
• Candidates may be asked to attend select interview steps in person at an RTX office.
• U.S. citizenship is required.
• Occasional, minimal travel with Supply Chain managers.
• U.S.-based role; pay structure and benefits apply if the successful candidate resides in a U.S. territory.
• No security clearance required.