30+ days ago - req10349

Sr. Cost Architect

Research & Development

Other technical job categories

In a nutshell


Veldhoven, Netherlands


Research & Development


8+ years



Job Category

Other technical job categories



Job Mission

-Under the umbrella of Product Lifecycle Management, Value Engineering provides a structured approach to increase ASML profitability by improving the Value of our products for our customers and/or reducing its Cost.

Job Description

-The Cost Architect will operate from the Value Engineering program and be present in projects or programsthat require an extra focus on cost because of impact or risk. The cost architectwill work with technical teams to determine actual cost estimates of building blocks, and compare these costs with cost targets. Regular cost roll-up and reporting on building block level, purchasing level, project level and on Functional cluster level will create an increased cost awareness and sense of urgency to drive costs down.
Main Responsibilities:
-Create Cost breakdown in engineering documents on Building Block level (EPS, engineering performance specification / EDS, engineering design specification)
-Create Cost SDR (system design rational) documentation that is the underpinning of costs in new or changed designs
-Introduce Cost Monitoring in projects,report to Cost project leader, and program manager
-The Cost Architect manages interface towards sourcing
-Analyze Cost Drivers
-Raise Cost opportunities
-Follow up plan for Cost initiatives
-BB level Cost spec and actual monitoring
-Provide teams with target costs
-Connect Cost impact from Quality and Leadtime


-Bachelor or Master in Physics, Mechanical Engineering, Electronic Engineering, Mechatronics, Industrial Engineering or similar. Affinity with costs.


-Minimum 5 years’ experience in product architecture, product design and industrialization
-Experience in cost structure analysis, product cost optimization and cost driver analysis
-Ideally familiar with RequisitionLocal engineering and cost engineering methods and techniques

Personal skills

-Excellent analytical skills
-Show cost awareness
-Good knowledge of database tools and reporting tools (Excel, Access, SAP, Spotfire)
-Personal engagement, good communication skills.

Behavioral preferences:
-Detail oriented
-Practical focus

Context of the position

This position reports to the Group Lead RequisitionLocal engineering.

Other information

Our Offer:
High quality people are a key asset to our company. To recognize that, we offer highly competitive compensation and benefits packages to attract and retain the very best people and let them share in the success that they build. Our rewards philosophy is to attract and retain specific professional knowledge and competencies within the company by offering a competitive package in local markets where ASML is active.