Work Schedule Standard Mon-Fri Environmental Conditions Office About Company Thermo Fisher Scientific Inc NYSE TMO is the world leader in serving science with an annual revenue of approximately 40 billion Our Mission is to enable our customers to make the world healthier cleaner and safer Whether our customers are accelerating life sciences research solving sophisticated analytical challenges growing efficiency in their laboratories improving patient health through diagnostics or developing and manufacturing life-changing therapies we are here to support them Our distributed team delivers an outstanding combination of creative technologies purchasing convenience and pharmaceutical services through our industry-leading brands including Thermo Scientific Applied Biosystems Invitrogen Fisher Scientific Unity Lab Services Patheon and PPD Role Responsibilities Cost Analysis and Data Management Apply cost methodologies software models and tools to accurately prepare and maintain data ensuring precision and reliable cost models Design-to-Cost Approach Collaborate with the Design Engineering team to promote and integrate a design-to-cost approach using comprehensive statistical data Partner with the procurement and category teams to analyze cost breakdowns from vendors performing detailed gap analysis between costing and quotes to identify discrepancies and opportunities for savings Cost-Benefit Analysis and Supplier Evaluation Evaluate and select suppliers based on factors such as cost quality and reliability ensuring optimal choices for the company Advise and assist suppliers with alternative manufacturing processes to enhance efficiency and reduce costs Provide mentorship and guidance fostering a culture of continuous learning and development Develop and implement clear standard work procedures for performing and validating should cost of components and products Construct comprehensive should-cost models for entire products ensuring accuracy and thorough analysis Lead continuous improvement initiatives in cost estimation methodologies and processes driving innovation and efficiency Perform all job duties in alignment with the company s Code of Ethics Diversity and Inclusion policies and the 4-I Values Integrity Innovation Inclusion and Impact Skills and Proficiencies Educational Background Bachelor s degree in mechanical engineering Automobile Engineering or Mechatronics Engineering 10 yrs experience in Should Cost Analysis Validated Expertise in performing cost analysis for a range of mechanical commodities including machining sheet metal casting forging composites plastics rubber metal injection molding surface treatments and packaging Strong proficiency in various drawing standards such as ANSI ISO ASME DIN JIS and BS In-depth knowledge of surface treatments coatings and surface finish methods Costing Tools Mastery Expertise in using costing tools like Apriori DFMA Costimator NPV and TCO Skilled in handling CAD tools such as SolidWorks Creo and AutoCAD Problem-Solving Skills Ability to address problems creatively and analytically with strong attention to detail Demonstrating excellent interpersonal and critical thinking skills Consistent record in influencing multi-functional teams to drive decisions