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Cost Engineer

Want to join us on our exciting journey?

Volvo Cars is on an exciting journey, redefining the automotive experience by innovating to make people’s lives less complicated. We offer you a once-in-a-lifetime chance to make an impact in a company with unique opportunities to grow and make a true difference.


Job Summary:      


The Cost Engineer with an expertise in castings is an internal and external challenger in terms of cost and content (value for money). The focus areas are cost-optimized design solutions and competitive cost, from concept phase until end of production. The cost engineer actively provides fact-based input to secure best price/optimized cost. 


Principal Responsibilities:


·         Manage a portfolio of die casting and machining systems/parts in line with the overall strategy to cover and maximise impact of total spend from early engineering phases until end of production.   

·         Develop innovative cost models for both piece price and tooling within the die casting commodity. Also, apply and perform value analysis methodology by integrating and analyzing complex and diverse information sources. 

·         Challenge VCC organisation and Suppliers to use state of the art Manufacturing Process, Tool Concepts and Material Selection for die cast and machining parts and systems.

·         Identify shortcomings in supplier manufacturing processes and total value chains. Suggest and negotiate appropriate improvements with the purpose to increase the overall effectiveness. 

·         Analyze and evaluate proposed (by suppliers) costs for technical changes, claims related to volume, raw material etc., and challenging the organization based on the results. 

·         Develop and/or deliver a plan for how to challenge the suppliers in collaboration with the cross functional team. 

·         Uncover emerging issues or needs, identifying potentials and barriers for cost effective tool concepts and manufacturing technologies in the development/engineering phase. 

·         Develop cost engineering best practices and interpret and apply this to achieve specified outputs, then monitor implementation of those procedures within the organization. 

·         Recommend changes to processes, standards and practices that would improve operational support. 

  • Act as a mentor for die casting expertise within the Procurement Team

Job Specifications:



  • Technical University degree. Relevant education or equal qualifications.
  • Tool Engineering Expertise / Journeyman’s Card from Dept. of Labor strongly preferred
  • Experience in bottoms up cost calculations for piece price and tooling
  • Minimum of 10 years of relevant working experience in casting cost engineering.
  • Knowledge TCPCM / Schmale is strongly preferred.



Behavioural competencies are observable behaviours and skills that matter most for the success at work. These behaviour patterns enable employees to make a meaningful impact. 

Volvo Core Competencies 

·         Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives. 

·         Drives results: Consistently achieves results, even under tough circumstances.  

·         Self-development: Actively seeking new ways to grow and be challenged using both formal and informal development channels.  

·         Builds trust: Gains the confidence and trust of others through honesty, integrity, and authenticity.  


Role Competencies, to be focused 

·         Ensures accountabilityHolds self and others accountable to meet commitments 

·         Plans and aligns: Plans and prioritises work to meet commitments aligned with organisational goals.  

·         Manages complexity: Makes sense of complex, high quantity, and sometimes contradictory information to effectively solve problems. Quickly determines the most critical data and focuses analysis there, recognises subtle symptoms that indicate    problems, probes deeply for root causes and uses systematic methods for problem solving. 

·         Optimizes work processesKnows the most effective and efficient processes to get things done, with a focus on continuous improvement. 

·         Customer focus: Builds strong customer relationships and delivers customer-centric solutions 

·         CourageSteps up to address difficult issues, saying what needs to be said. 


Other competencies that is recommended to be developed in the role. 

·         Communicates effectively: Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences. 

·         Business Insight. Applies knowledge of business and the marketplace to advance the organization's goals. 

·         Persuades: Uses compelling arguments to gain the support and commitment of others. 


Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.



Who are we?

Everything we do starts with people. Our purpose is to provide freedom to move, in a personal, sustainable and safe way. We are committed to simplifying our customers’ lives by offering better technology solutions that improve their impact on the world and bringing the most advanced mobility innovations to protect them, their loved ones and the people around them. 

Volvo Cars’ continued success is the result of a collaborative, diverse, and inclusive working environment. The people of Volvo Cars are committed to making a difference in our world. Today, we are one of the most well-known and respected car brands, with over 40,000 employees across the globe. We believe in bringing out the best in each other and harnessing the true power of people. At Volvo Cars your career is designed around your talents and aspirations so you can reach your full potential. Join us on a journey of a lifetime as we create safety, autonomous driving and electrification technologies of tomorrow.

Charleston, SC, US

Job requisition ID:  59891

Nearest Major Market: Charleston South Carolina
Nearest Secondary Market: South Carolina

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