Cost and Value Engineer

Siemens

8 - 10 years

3 - 10 Lacs

Gurgaon Haryana India

Posted:1 week ago| Platform: Foundit logo

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Skills Required

Supplier Manufacturing Process Engineering Communication Skills

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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