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Design to Cost EngineerAbbott • Chicago, Illinois, United States
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Design to Cost Engineer

Abbott
  • US
    Chicago, Illinois, United States
  • US
    Chicago, Illinois, United States
Jetzt Bewerben

Über

Abbott Design To Cost Engineer Opportunity The Design to Cost Engineer will support the development of cost‑effective product designs by creating analytical cost models, simulations, and prototypes. This role works under the guidance of senior engineers to evaluate design alternatives, identify cost‑saving opportunities, and contribute to data‑driven decision‑making across the product lifecycle.
What You’ll Work On:
Build, maintain, and refine cost models and simulations to support design decisions
Provide data‑driven insights and design alternatives to engineering teams
Assist in identifying cost‑reduction opportunities through modeling, benchmarking, and analysis
Collaborate with engineering, procurement, and manufacturing to gather inputs for model development
Document, present, and communicate findings to support stakeholder decision‑making
Support Cost Forensic activities, including value engineering, benchmarking, supplier workshops, negotiations, and Statements of Work
Track and report basic performance metrics related to cost modeling initiatives
Required Qualifications
Bachelor’s degree in Engineering or a related technical field
3 years of relevant experience (internships or co‑ops applicable)
Strong analytical, modeling, and problem‑solving skills
Basic project management and communication capabilities
Ability to work effectively under the direction of senior engineers or project leads
Preferred Qualifications
Exposure to cost modeling, value engineering, or cost analysis methodologies
Experience working in cross‑functional teams (engineering, procurement, manufacturing)
Familiarity with data analysis or simulation tools
Interest in supplier cost analysis, benchmarking, or negotiations
Ability to clearly communicate technical findings to non‑technical stakeholders
Benefits include:
Career development with an international company where you can grow the career you dream of.
Free medical coverage for employees via the Health Investment Plan (HIP) PPO
An excellent retirement savings plan with high employer contribution
Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit – an affordable and convenient path to getting a bachelor's degree.
A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives.
The base pay for this position is $61,300.00 – $122,700.00. In specific locations, the pay range may vary from the range posted.
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  • Chicago, Illinois, United States

Sprachkenntnisse

  • English
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