Cost and Value Engineer

8 - 10 years

3 - 10 Lacs

Posted:5 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Drive the integration of state-of-the art Cost and Value Engineering in the business processes
  • Fosters cross-functional mindset change towards cost and value awareness
  • Establish transparency in cost and value of products, systems and solutions and contribute improvement proposals to support PLM in Target Costing, R&D/Engineering in Design to Value, SCM in Supply Chain Productivity Improvement, Procurement in negotiations along the PLM / PM process
  • Contribute to the competitiveness and profitability of products and solutions through the application of Cost and Value Engineering levers and methods
  • Support the setting of competitive and at the same time achievable targets based on the assessment of customer requirements, competitors products, and solutions and on a clear judgment on our own and our suppliers capabilities
  • Support definition and optimization of product architecture and component specifications to ensure an adequate product and solution design
  • Support building the appropriate supply chain by making the right supplier selections, offshoring or onshoring decisions, respectively, and applying make or buy appropriately
  • Support achieving optimal commercial conditions by feeding our negotiations with precise information on our suppliers actual and expected costs
  • Foster a CVE network and company-wide knowledge exchange and contribute expertise to the network.

We dont need superheroes, just super minds:

  • Excellent communication and social skills to collaborate effectively with internal customers and suppliers
  • Strong analytical skills to identify key cost drivers.
  • Significant experience in should costing tools and methods
  • Experience in optimization of cost and value improvement opportunities
  • Experience in heavy industrial manufacturing processes.Strong preference for experience in modeling and analyzing costs of machined parts, large steel fabrications and acoustics.
  • Strong in Microsoft Excel and proficiency in Microsoft Office software
  • Flexibility to travel to external suppliers and factory locations
  • Working experience with multi-cultural professionals and teams
  • 8+ years of relevant professional experience within a global company, including 5+ years in Engineering
  • Proficient command of English language in writing and speaking
  • Bachelors or Masters degree in Engineering

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