Fortune Brands began its journey as a publicly traded company (NYSE: FBHS or “Fortune Brands Home & Security, Inc.”) in 2011, as a successful spin-off from Fortune Brands, Inc. Since then, we have grown organically and through acquisitions, and have delivered strong financial performance. We have also proven our resilience and execution excellence. We outperformed and expanded in our categories through the housing market recovery, and executed our strategies through global disruptions, while refining our portfolio for the future. On December 14, 2022, we completed the separation of our Cabinets business, enabling us to pursue our unique and exciting path for accelerating growth and productivity. Today, we are a new company: Fortune Brands Innovations, Inc. (NYSE: FBIN). We are focused on driving our brand, innovation, and channel leadership, and winning in supercharged categories. Why work with us? You will gain the flexibility to balance your life at every stage with Total Rewards that support your physical, emotional, and financial well-being. We also support an inclusive and diverse culture where everyone is encouraged and empowered to be authentic, and where our differences and unique perspectives are a key strength. In Fortune Brands Innovations, Inc., we're seeking a Should Cost Engineer / Die Casting, Stamping, Heavy Metal to join our team in a highly collaborative and supportive environment. This role will be responsible for should cost model development and enhancement, detailed cost breakdown reports, and VAVE project implementation. The candidate will act as SME for all manufacturing processes required based on component types. The should cost engineer will be a trusted source for component cost and manufacturing process assessment. The candidate will demonstrate advanced skills in Value Engineering tools, component cost structure, and cost management software, e.g., aPriori. She/he needs to possess the ability to accurately should cost FBIN assemblies and components. The results of these analyses will be extensively used by FBIN teams (sourcing, engineering, manufacturing) to support and enable best cost during supplier negotiations. He/she will support key negotiation activities as required. The should cost engineer will address product cost reduction and cost mitigation opportunities during all phases of the FBIN product lifecycle, i.e., NPI and product development. They will perform and guide feasibility studies and technical analyses for should cost projects. Effectively report project status, needs, and roadblocks to business leaders to ensure completion. Job Description - Generate and update should cost models for all categories based on current business needs. - Utilize deep technical expertise in developing and calibrating should cost models based on minimum required manufacturing processes and benchmarking data. - Establish relationships and work closely with sourcing, design engineering, manufacturing, supply chain, etc., to ensure assumptions and logic are correctly applied. - Design to cost - analyze, assess, and implement cost optimization/avoidance ideas in collaboration with R&D; areas. - Constantly monitor the impact of global commodities to predict deflation/inflation based on cost model material/labor usage. - Prepare customized and detailed cost reports. - Support other continuous improvement initiatives. Qualifications - B.S. in Mechanical, Mechatronics, Manufacturing, or Industrial Engineering or similar. - M.S. in Engineering. - 5+ years of experience in design engineering, production, operations, or manufacturing. - 3+ years of experience with any cost model software tool, specifically with aPriori. Experienced in creating detailed cost models for different manufacturing processes. - Strong experience and deep knowledge of manufacturing processes such as machining, forging, casting, plastic injection, sheet metal, aluminum extrusion, packaging, and assembly. - Strong understanding of component cost structure and finance concepts, including labor rates, machine rates, overheads, rejection %, SG&A;, and profit. - Strong skills in data analysis and management, with high proficiency in MS Excel, Tableau, Power BI. - Able to create scorecards and dashboards using large and constantly changing data sets. #J-18808-Ljbffr