Cost Engineering Analyst - Product Development

Qualifications

  • Master's degree with a technical focus
  • Professional experience in cost engineering/target costing/production engineering/product development
  • Deep technical knowledge with demonstrated aptitude for analytics
  • Interest in product designs, technical solutions, efficient supply chains
  • Ability to work collaboratively in a team environment
  • Ability to work effectively with people at all levels in an organization
  • Ability to communicate complex ideas effectively – both verbally and in writing – in English and the local office language(s)
  • Willingness to travel

Who You'll Work With

You'll work with our Product Development Practice in Wroclaw, focusing on McKinsey's Cleansheet Solution.

Our Product Development practice is committed to helping clients develop products and services that fit market needs, are produced with attractive margins, provide platforms for add-on offerings, and enhance the reputation of the brand for future business growth. We provide measurable performance improvements to our clients across a range of product development challenges.

McKinsey's cost engineering experience is provided via an easy-to-use target cost calculation software called Cleansheet Solution. Whether they make aircraft seats, optical switches, pizzas, or diapers – companies in almost any industry can benefit from Design-to-Value (DtV) and cost modeling. With the focus on the cost-benefit ratio, DtV strengthens customer value while helping cut time to market – in some cases, by up to 50 percent – and dramatically reducing product costs. Cleansheet Solution makes it easier to establish cost transparency, analyze the cost drivers, calculate the target cost, and reap these benefits.

What You'll Do

You will develop concrete product improvements within our value engineering approach and target costing projects and you'll contribute to creating innovative product ideas.

You will work jointly with our clients on putting these changes into practice. You'll also work in our Design-to-Value laboratories by physically dissasembling and redesigning products. Along with working on client projects, you will have the opportunity to contribute to our way of working, our knowledge and skills and thus continually expand your expertise.

Cleansheet Solution is a set of tools, databases, a hotline and overall advisory support for target costing. The core element of the tool's infrastructure is a standardized costing application linked to repositories of cost data and supporting applications, which assist in performing subtasks that can simplify costing calculations. The tool contains McKinsey's regularly updated database on costs for materials, equipment, and labor. The database leverages our insights into different industries and the knowledge of distinctive institutions, such as the global McKinsey Sourcing Centers, to provide the information required for calculating a wide range of Cleansheets.

#LI-POST


Meet Some of McKinsey's Employees

Danielle B.

Partner

Danielle is one of the leaders of McKinsey’s business with retail and consumer clients. She oversees client projects and helps her teams and her clients utilize McKinsey’s resources.

Fope F.

Senior Associate

Fope helps lead a small team that works for McKinsey clients, helping them address business challenges and strategic questions. Though based in the NYC office, she travels frequently so she can be in-person with her clients.


Back to top