30+ days ago - req13466

Cost Engineer

Research & development

Other technical job categories

In a nutshell


Wilton - CT, US


Research & development


8+ years



Job Category

Other technical job categories


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. Our main headquarters are located in Veldhoven, the Netherlands, and we also have 18 office locations around the United States- including main offices in Wilton, CT, Chandler, AZ, San Jose, CA and San Diego, CA.

Job Mission

As a Cost Engineer, you will create more value and drive down the cost of goods at ASML in Wilton, CT. ASML is a world leader in the manufacture of advanced technology systems for the semiconductor industry.ASML’s corporate headquarters is in Veldhoven, the Netherlands. Manufacturing sites and research and development facilities are located in Connecticut, California and the Netherlands. Technology development centers and training facilities are located in the United States, Japan, Korea, the Netherlands, and Taiwan. Additionally, ASML provides optimal service to its customers via over 50 sales and service organizations in 16 countries. Founded in the Netherlands in 1984, the company is publicly traded on Euronext Amsterdam and NASDAQ under the symbol ASML.

Job Description

Do you have a background that is technical plus practical? Do you like looking at parts and/or assemblies and finding ways to improve their design? Do you have knowledge of a vast array of manufacturing processes and know the best way something should be manufactured? Would you like to develop a process for how a part or an assembly should be made and determine how much those parts and assemblies should cost?Do you have negotiation skills to work with suppliers, comparing their costs to what you think the parts should cost?

Then, come to ASML and join the Cost Engineering team. This is a technical job, not financial. You will be figuring out items such as set up time, milling time, turning time, EDM time, etc. You will be working in teams in multiple projects to bring down the cost of extremely high precision designs. You will work with other Cost Engineers, Purchasing, Design Engineers, Project Leads, Supplier Chain Engineers, etc.

The majority of the job is virtually making parts on our software to determine the optimal cost of the parts. You will report on the roll-up of the cost of each assembly. You will also meet with Design Engineers influencing the design based on the cost aspect. Finally, you will work with Purchasing to visit suppliers to negotiate technical costs.


Mechanical Engineering degree, or equivalent manufacturing experience.


8+ years of experience for practices of high end precision manufacturing of high precision mechanics & mechatronic assembly.
Thorough understanding and experience with the more advance manufacturing process’ like 5 Axis CNC Milling, CNC Turning, Laser/E-Beam welding, additive (3D printing) manufacturing, precision mechanics in vacuum, manufacturing automation / robotization, optical assemblies, manufacturing flow, etc.
Knowledge of manufacturability of raw material manufacturing like stainless steel, titanium, casting, extrusion, high end plastics, etc.
Understand supplier and supply chain (advanced) manufacturing capabilities and preferable their financial value stream and costs. Working in design teams,supplier account teams and suppliers.
Determine manufacturing strategies and create product costing of designs for high end precision parts and complex modules based on optimum serial and volume manufacturing effects.
Experience with manufacturing complex components and assemblies and a general understanding of costs.
Drive down Cost of parts and assemblies by influencing design on manufacturability & costs.
Creation of Manufacturing Process Flows for manufacturability and cost calculations based on those flows.
Collaborate with: Development & Engineering competences, Sourcing and Supply Chain Engineering.
Understand high precision, low volume, high mix manufacturing strategies – not high volume manufacturing

Personal skills

Drive faster learning curve effects and cost down.
Comfortable negotiating technical cost with suppliers (i.e. milling times, setup analysis, tooling, etc.)
Has excellent analytical and simulation skills for product costs and supplier Factory Standard Cost scenario’s.
Professional communication and convincing skills. Experiences on reporting cost validations, opportunities and risks.
Proactive member of design and supplier account teams.
Support and mentor designers with regard to design for manufacturing.

Context of the position

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The employee is required to move around the campus.
The employee may occasionally lift and/or move up to 20 pounds.
Will require travel dependent on company needs.
Can work under deadlines.
Can work in an open office environment.
Must be able to read and interpret data, information, and technical documents. Must be comfortable using metric units and understand ISO standards
Can observe and respond to people and situations and interact with others encountered in the course of work.
Can learn and apply new information or skills.

Other information

This position requires access to controlled technology, as defined in the 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 applicants who are immediately eligible to access controlled technology.

EOE AA M/F/Veteran/Disability

Internal Reference: #LI-KG1