Should Costing Engineer

Fluence (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. Our solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of successful implementations across nearly 50 markets, we are transforming the way we power our world for a more sustainable future. For more information, please visit fluenceenergy.com.

Job Description:

Should-Cost Engineering Responsibilities

• Develop and maintain should-cost models for mechanical, electrical, and electro-mechanical products using manufacturing process, material, labor, tooling, overhead, yield, and volume assumptions.
• Use aPriori and other cost-engineering tools to establish fact-based product costs and identify key cost drivers and cost-reduction opportunities.
• Provide cost analysis during early product concept and architecture phases to support Design-to-Cost (DTC), DFM/DFA, material selection, process selection, and design trade-offs.
• Analyse engineering drawings, GD&T, BOMs, and MBOMs to identify cost drivers related to materials, tolerances, part complexity, manufacturing processes, and assembly.
• Develop clean-sheet cost estimates and benchmark supplier quotations against should-cost models to identify cost gaps and support supplier negotiations and sourcing decisions.
• Partner with Engineering, DFX, NPI, Procurement, Manufacturing, Quality, and Supply Chain teams to drive cost-effective product designs without compromising performance, quality, reliability, or manufacturability.
• Conduct cost analysis for sheet metal, machining, welding, casting, extrusion, injection molding, coating, electrical assemblies, and mechanical/electrical integration.
• Lead and drive global cost-out initiatives across CMs and suppliers, partnering with Engineering, Procurement, Supply Chain, and Manufacturing to identify, quantify, negotiate, and implement sustainable cost-reduction opportunities across products and manufacturing locations.
• Support Value Engineering / Value Analysis (VE/VA) initiatives and develop cost-reduction roadmaps for new and existing products.
• Evaluate tooling, fixtures, equipment, manufacturing processes, and supplier capability to determine their impact on product cost and investment requirements.
• Assess cost impacts of engineering changes, material substitutions, localization, process changes, and supplier changes.
• Establish and track cost targets, cost-critical-to-quality (CTQ) factors, cost gaps, cost avoidance, and realized savings throughout the NPI lifecycle.
• Continuously improve cost models using actual production data, supplier inputs, manufacturing cycle times, material pricing, yield, and lessons learned from prototype and production builds.
• Develop standardized Design-to-Cost / DFX cost guidelines and databases to enable consistent cost decisions across product development programs.

Our Culture

At Fluence, our culture is the foundation that drives our ambitious growth strategy and fuels our mission to transform the future of energy. Our core cultural pillars empower us to innovate, collaborate, and lead with purpose, ensuring we continue to deliver unparalleled value to our customers and the world.

Unleash Voices

We believe every voice matters. We encourage openness, active listening, and decisive action to create a culture where everyone has the opportunity to contribute to our success. We foster an environment where diverse perspectives are heard and valued, driving innovation and progress.

Customer Fluent

Our customers are at the heart of everything we do. We’re committed to delivering exceptional value that exceeds expectations by understanding our customers' needs and adapting swiftly to meet them. Our deep focus on customer satisfaction drives us to continuously improve and innovate.

Infinite Impact

We are committed to creating the impossible. We push boundaries to deliver sustainable, game-changing solutions that shape a brighter, more energy-efficient future for all. Our team is passionate about making a lasting impact that will resonate for generations to come.

All In

We are all in for growth. Our teams are relentlessly focused on identifying and seizing opportunities that propel us forward. We embrace an ownership mindset, pushing ourselves and each other to accelerate progress and create lasting success.