Cost Engineer

Introduction to the Job

ASML brings together the most creative minds in science and technology to develop lithography machines that are key to producing faster, cheaper, more energy-efficient microchips. We design, develop, integrate, market and service these advanced machines, which enable our customers - the world’s leading chipmakers - to reduce the size and increase the functionality of their microchips, which in turn leads to smaller, more powerful consumer electronics.

As a Cost Engineer (CE) within Development & Engineering, you will be operating in a fast paced and multidisciplinary development environment. Using your personal and technical skills, you will work closely with suppliers ,sourcing, and ASML development team to lead value creation and drive Cost of Goods reduction for Wilton’s new products across multiple projects. These new products will include high precision mechanical and mechatronic systems, electrical, optical, opto-mechanical, sub-systems and components. You will need to utilize your knowledge of raw materials, manufacturing process flows, capabilities, and setup, machining (milling, turning, EDM, etc) time, and advance manufacturing techniques to create and assess value and cost down opportunities.

Roles and responsibilities

As a cost engineer within D&E, you will play a key role in new product development and maturity activities, including:

• Estimate new design manufacturing costs for complex parts and assemblies and prepare cost estimates to support the development of new products in a fast paced, highly technical environment to ensure cost of goods remain in line with budget.
• Drive down Cost of Goods (Parts & modules) by influencing design on manufacturability & costs.
• Provide adequate transparency in Product Costing for both Technical costs and Business uplifts.
• Create more value and cost down opportunities through deepen assessments of Factory Standard Costs and simulate Supplier & Supply Chain Costs
• Make parts virtually on our software to determine the optimal cost of the parts and assemblies.
• Meet with design engineers and influence the design using your knowledge of optimal manufacturing practices.
• Be comfortable negotiating Technical cost with suppliers to drive down high volume part costs (i.e. milling times, setup analysis, tooling, …)
• Work with Sourcing and Procurement in visiting suppliers to validate and negotiate technical costs.
• Collaborate with Development & Engineering, competences, and use the estimated manufacturing cost to influence solution down selection.
• This position is located on-site in Wilton, CT.  It requires onsite presence to attend in-person work-related events, trainings and meetings and to further ensure teamwork, collaboration and innovation.

Education and experience

Degree in Mechanical Engineering, Industrial Engineering, Manufacturing Engineering, Electrical Engineering, Optics (or similar)

• BS with minimum of 8 years work experience.
• MSc with minimum 6 years work experience.

Based on education level as outlined above, relevant work experience must have taken place in a high-tech environment in the field of process development, design engineering, manufacturing or a combination including experience with:

• 3 or more years of direct experience in the practice of high-end precision manufacturing of high precision mechanics and mechatronics assembly with qualification
• Understanding of manufacturing techniques including 5 axis CNC machining, EDM, bonding and joining, materials, coatings, additive manufacturing, automation/robotization, and precision measurement
• Knowledge of manufacturability of raw material manufacturing like stainless steel, titanium, casting, extrusion, high end plastics, etc..
• Experience with manufacturing complex components and assemblies and a general understanding of costs.
• Experience in electrical components, including designing boards and cables, experience in PCB visual and functional testing, manufacturing processes experience: detailed knowledge of manufacturing techniques for cables/connectors, PCB Assembly, programmable logic and electrical rack/cabinet assembly is a plus.
• Specific experience with costing, quoting, estimating, and value chain mapping
• Understanding of supplier and supply chain (advanced) manufacturing capabilities and preferable their financial value stream and costs.
•  Proven ability to drive down Cost of parts and assemblies by influencing design on manufacturability and costs.
• Creation of manufacturing process flows for manufacturability and cost calculations based on those flows
• Technical improvement projects in supply chain operations
• Value Engineering and cost-reduction projects
• Working closely with suppliers on technical aspects, process development, manufacturing flow

Skills

• Proven ability to perform effectively in a demanding environment with changing workloads.
• Result driven-demonstrate ownership and accountability.
• Demonstrate open, clear, concise and professional communication.
• Work according to a strict set of procedures within the provided timelines.
• Strong negotiation skills during interactions with suppliers and other ASML sectors. Ability to initiate, influence and steer without formal authority.
• Excellent written and verbal communication skills in English

Other information

• This position is located on-site in Wilton, CT.  It requires onsite presence to attend in-person work-related events, trainings and meetings and to further ensure teamwork, collaboration and innovation.
• A flexible workplace arrangement may be available to employees working in roles conducive to remote work (up to two days a week). 
• Business demands will require travel (~20% but could be more during escalation situations and at with notice)

This position requires access to controlled technology, as defined in the United States Export Administration Regulations (15 C.F.R. § 730, et seq.). Qualified candidates must be legally authorized to access such controlled technology prior to beginning work. Business demands may require ASML to proceed with candidates who are immediately eligible to access controlled technology.

Diversity and inclusion

ASML is an Equal Opportunity Employer that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity. We recognize that diversity and inclusion is a driving force in the success of our company.

Need to know more about applying for a job at ASML? Read our frequently asked questions.

Request an Accommodation

ASML provides reasonable accommodations to applicants for ASML employment and ASML employees with disabilities.  An accommodation is a change in work rules, facilities, or conditions which enable an individual with a disability to apply for a job, perform the essential functions of a job, and/or enjoy equal access to the benefits and privileges of employment. If you are in need of an accommodation to complete an application, participate in an interview, or otherwise participate in the employee pre-selection process, please send an email to [email protected] to initiate the company’s reasonable accommodation process.

Please note: This email address is solely intended to provide a method for applicants to initiate ASML’s process to request accommodation(s). Any recruitment questions should be directed to the designated Talent Acquisition member for the position.