About the rolethis position involves conducting thorough cost analyses for new products, identifying areas of improvement, and implementing changes to optimize costs. The ideal candidate will have strong analytical skills, excellent problem-solving abilities, and experience working with bills of material and routings.key responsibilities:conduct cost analysis for new products and identify opportunities for cost reduction.analyze product variances and implement corrective actions.evaluate the cost impact of temporary component substitutions and recommend alternative solutions.maintain accurate records of bills of material and routings for new or period-based products.review cost variance reports, bills of material, and system routings as required.collaborate with cross-functional teams to ensure seamless integration of cost optimization initiatives.develop and implement process improvements to increase efficiency and reduce costs.communicate key findings and recommendations to stakeholders through regular reporting.ensure that all cost optimization initiatives are aligned with business objectives.requirementsbachelor's degree in engineering or related field.minimum 2 years of experience in cost analysis, engineering, or a related field.strong analytical and problem-solving skills.excellent communication and collaboration skills.proficiency in data analysis tools and software.bilingual english / spanish preferred.the successful candidate will be a team player who is passionate about driving cost savings and improving operational efficiency.