Cost Engineer - Sourcing

About Us:

By combining a rich legacy in the power and gas compression space with pioneering technology, INNIO brings our customers affordable, reliable, and sustainable energy solutions for today—and tomorrow. We are helping to meet today’s energy needs with 64 GW of installed capacity and 48,000 of our powerful Jenbacher and Waukesha engines, which can be found in more than 100 countries. And, by harnessing our history of energy industry firsts along with the power of digital innovation, we will continue to deliver for the future. Welcome to a World of Innovation and Inspiration! Welcome to INNIO!

Work Structure:

- Based at our Houston, TX office in a hybrid capacity, with a combination of onsite & remote workdays.

- Willingness to travel to our global supplier base up to 20% of the time or more.

Position Overview:

We are looking for a Cost Engineer – Global Sourcing to strengthen our Procurement Team at INNIO. The Direct Materials Procurement Team at INNIO is responsible for all procurement activities and ensures the timely delivery of cost-effective materials that meet the highest quality standards. The INNIO Procurement Team is an essential part of the company and plays a critical role in ensuring that INNIO’s future products continue to exceed market and customer expectations.

Do you want to complement your manufacturing expertise with commercial know-how and also have a passion for cost optimization? Then you are exactly the person we are looking for!

Position Responsibilities:

- Develop and conduct cost analyses with a focus on suppliers and the market to enable informed procurement decisions.

- Implement target costing for procurement in new product initiatives (NPIs) as well as ongoing projects.

- Lead benchmarking initiatives and market assessments.

- Support the identification and integration of new technologies.

- Conduct cross-functional analyses to improve overall efficiency and effectiveness.

- Support and promote the Design-to-Cost approach to optimize product costs.

- Conduct supplier visits to identify and implement cost-saving potentials.

- Prepare reports and presentations for stakeholders.

Minimum Requirements:

- Bachelor’s Degree in Engineering, Business or related discipline with several years of professional experience (apprenticeship/technical college/university)

- Understanding of manufacturing processes in various areas of component manufacturing and assembly; prior manufacturing engineering experience a plus.

- Experience with component cost calculations.

- Excellent analytical skills, initiative, commitment, assertiveness, and team spirit.

- Independent and structured working style with absolute reliability.

#Waukesha