Product Cost Engineer - Power Conversion Technology

If you are enthusiastic about driving positive change and eager to shape the future of technology in a dynamic, international environment, we invite you to join our Research and Development team.

We are Prodrive Technologies

We are dedicated to creating meaningful technologies that make the world work. Through our innovative solutions, we contribute to building a future where everyone can thrive, resources are optimized, and connectivity brings people together.

Prodrive Technologies is a pioneering company at the forefront of electronics and mechatronic systems design and manufacturing. We are committed to delivering innovative solutions across diverse industries, including automotive, healthcare, semiconductor, and renewable energy.

About the role

We are currently seeking a highly skilled and motivated Product Cost Engineer to join our dynamic team in Eindhoven. The Product Cost Engineer will play a crucial role in managing the costs of new and existing products within our Power Conversion Technology program, collaborating closely with stakeholders from Sales, Project Management, Development, Sourcing, and Product Lifecycle Management. This role offers an exciting opportunity to drive cost optimization initiatives and contribute to the success of our power conversion projects and products.

Key responsibilities

• Collaborate with Sales, Development, Purchasing, and Product Manufacturing to achieve optimal product and project costs, ensuring competitiveness in the market.
• Monitor the actual cost of goods sold (COGS) status and implement strategies to optimize costs throughout the product lifecycle.
• Develop and execute cost strategies, achieving target costs and assessing the impact of changes on cost during new product introduction (NPI) and product lifecycle management.
• Conduct should-cost analyses to drive value optimization in factory and sourcing processes.
• Identify opportunities for cost savings, such as value engineering, and collaborate with Product Manufacturing, Sourcing, and Development to pursue savings initiatives.
• Provide support to Sales and Sourcing teams during negotiations and discussions with customers and suppliers.
• Present and report product cost status to the Project Director and other stakeholders as necessary.

Profile

• Bachelor's and/or Master's degree in a technical and/or business-oriented field (e.g., Industrial Engineering, Supply Chain Management, Business Economics, Electrical Engineering) or equivalent combination of education and experience.
• Proven experience in engineering and/or supply chain management within a business-to-business technical environment is essential.
• Strong time management skills with the ability to multitask, prioritize, and meet deadlines effectively.
• Comfortable navigating ambiguity with a pragmatic approach and a focus on achieving results.
• Excellent team player with strong communication and influencing skills, capable of engaging with stakeholders at various levels within the organization.
• Proficiency in SAP and Microsoft Office applications.
• Excellent written and verbal communication skills in English; proficiency in Dutch is a plus.

The Prodrive Technologies Mindset

Responsibility

You don’t just go to work, you feel responsible for your project

Flexible

You decide when, where and how much you want to work

Manufacturing

You like to think about manufacturability when designing

Initiative

You don’t sit and wait, you have a hands-on mentality

What we offer

• Perfect environment for those eager to develop themselves and take full responsibility for a project.
• Many opportunities for personal and professional development, along with the flexibility to explore diverse roles across various projects.
• A young and dynamic culture which stimulates innovative thinking and taking initiatives.
• Personal budget just for you to learn new things. Your growth is our priority.
• Flexibility of a 24/7 work environment with provided lunch, dinner, and access to our company gym.
• Personalized development plan to craft your future.
• You will receive essential tools if these are necessary to perform your job (i.e. iPhone and laptop).
• On-campus sports facilities enable you to incorporate exercise seamlessly into your work routine.
• A performance-driven salary that grows with your accomplishments.
• Unlock the opportunity to become a shareholder and entrepreneur within the company.
• Travel allowance based on the days you are actually at Prodrive Technologies.
• Work-life balance with at least 33 vacation days per year.
• Access a retirement plan.

Application steps

• Your journey with us starts with a swift review of your application by one of our recruiters.
• In some cases, if we see a potential fit, you will receive an exclusive link to our online aptitude test to assess if you’re up for the challenge.
• We will schedule a personal interview not only to determine if your skills match the job, but also to see if there is a spark between you and Prodrive Technologies.
• To complete the application journey we will send you a suitable offer and once you sign, we can welcome you to the Prodrive Technologies family.