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Component Engineer Jobs in Michigan (NOW HIRING)

Develop component cost estimates for new programs, including: * Early-phase cost engineering estimates * Detailed "should-cost" calculations using a bottom-up manufacturing approach * Provide idea ...

Staff Engineer, Engineering - Individual Contributor Technical Responsibilities: Conduct or design ... Conduct advanced problem solving, identify potential solutions, and evaluate them against component ...

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Develop component cost estimates for new programs, including: Early ‐ phase cost engineering estimates, Detailed "should ‐ cost" calculations using a bottom ‐ up manufacturing approach

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... component technical solution cost drivers with suppliers for variable cost & tooling COMMODITY ... Engineering community • Develop the cost structure for component standardization plans • ...

Own engineering release of subsystem design including component and module CAD (Computer Aided Design), Drawings, and BOMs (Bill of Materials). * Develop and capture knowledge required to deliver ...

Develop component cost estimates for new programs, including: * Early-phase cost engineering estimates * Detailed "should-cost" calculations using a bottom-up manufacturing approach * Provide idea ...

Own engineering release of subsystem design including component and module CAD (Computer Aided Design), Drawings, and BOMs (Bill of Materials). * Develop and capture knowledge required to deliver ...

MeC offers his consultancy services in Cost Engineering to determinate the cycle times and costs of ... Responsibilities include, but are not limited to: 1) component variable costs and tooling for all ...

MeC offers his consultancy services in Cost Engineering to determinate the cycle times and costs of ... Responsibilities include, but are not limited to: 1) component variable costs and tooling for all ...

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Component Engineer information

See Michigan salary details

$22

$46

$66

How much do component engineer jobs pay per hour?

As of Jul 12, 2026, the average hourly pay for component engineer in Michigan is $46.74, according to ZipRecruiter salary data. Most workers in this role earn between $37.69 and $54.28 per hour, depending on experience, location, and employer.

What is a Component Engineer job?

A Component Engineer is responsible for selecting, evaluating, and managing electronic and mechanical components used in product designs. They ensure component availability, reliability, and compliance with industry standards. Their role involves working closely with design, procurement, and manufacturing teams to optimize component selection for cost and performance. Component Engineers also help mitigate risks related to obsolescence and supply chain disruptions by identifying alternative parts and manufacturers.

What are the key skills and qualifications needed to thrive in the Component Engineer position, and why are they important?

To thrive as a Component Engineer, you need a solid background in electrical or mechanical engineering principles, with a relevant bachelor’s degree and experience in component selection and analysis. Familiarity with PLM (Product Lifecycle Management) systems, CAD tools, and industry standards such as RoHS and IPC is commonly required, and certifications like Six Sigma can be advantageous. Strong analytical skills, attention to detail, and the ability to communicate effectively with cross-functional teams help set you apart. These capabilities are crucial for ensuring high-quality, cost-effective component choices that meet both engineering specifications and compliance requirements.

What are the typical daily responsibilities of a Component Engineer?

As a Component Engineer, your daily responsibilities typically involve selecting and qualifying electronic or mechanical components, maintaining the approved parts list, and ensuring component compliance with industry standards and regulations. You’ll collaborate closely with design, procurement, and quality assurance teams to resolve issues related to part obsolescence, sourcing, and cost optimization. Reviewing technical documentation, analyzing failure data, and providing design support are also regular parts of the role. This position offers a dynamic mix of hands-on technical work and cross-functional communication within a fast-paced engineering environment.

What are the most commonly searched types of Component Engineer jobs in Michigan? The most popular types of Component Engineer jobs in Michigan are:
What cities in Michigan are hiring for Component Engineer jobs? Cities in Michigan with the most Component Engineer job openings:
What are popular job titles related to Component Engineer jobs in MI? For Component Engineer jobs in MI, the most frequently searched job titles are:
Vehicle Cost Engineer

Vehicle Cost Engineer

TRG

Auburn Hills, MI • On-site

Full-time

Re-posted 25 days ago


Job description

The Cost Engineer role develops detailed cost estimates for components and tooling using an activity-based costing approach. This role works directly with bills of material, drawings and physical samples to understand how parts are made and to estimate the associated component, manufacturing and investment costs.
In this position, you will use established methods and processes to analyze costs, provide guidance to internal teams and support cost convergence activities. You will collaborate with global engineering, purchasing, finance and supplier teams to ensure competitive and transparent cost structures from early concept through serial production.
Multiple roles are being fulfilled within this job posting for all component scopes within the vehicle structure (Body, Interior, Chassis, Engine Adaptation, Electrical Components and Systems, Powertrain). Position fulfillment to utilize applicant background and experience as paired to internal role needs. Organization Success in this role requires curiosity, agility and a collaborative mindset within a fast-paced, global environment.
RESPONSIBILITIES
  • Develop component cost estimates for new programs, including:
  • Early-phase cost engineering estimates
  • Detailed "should-cost" calculations using a bottom-up manufacturing approach
  • Provide idea generation and cost support during vehicle development to help achieve cost targets (Design-to-Cost)
  • Support purchasing during supplier negotiations by completing gap analyses of supplier cost breakdowns (Piece Price, ED&D, Tooling)
  • Contribute to benchmarking and value optimization activities, including serial life should-cost assessments
  • Collaborate closely with internal global team, Engineering, Buyers and Suppliers
  • Provide global cost comparison analysis in partnership with the broader Cost Engineering community

REQUIREMENTS
  • Bachelors Degree in Engineering or a related technical field
  • 5+ years of experience in the automotive industry or related technical field
  • Strong English verbal and written skills to support role job key deliverables
  • Ability to manage a high volume of parts and varying levels of complexity
  • Proficiency with Microsoft PowerPoint, Excel and Word
  • Ability to work effectively across multiple levels of the organization, functions and global regions

PREFERRED REQUIREMENTS
  • Familiarity with cost model structures and activity-based costing for component development
  • Experience in within one or multiple areas: Design Responsible Engineering, Manufacturing, Component Tool development or Component Purchasing

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