Cost Out VAVE Engineer

Position: Senior Mechanical Cost Out VAVE Engineer I / II

Experience:

Location:

Qualification:

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Role Description

This is a full-time on-site role for a Cost Out Engineer located in Hyderabad. The Cost Out Engineer / Mechanical Engineer focused on cost out project execution on existing products through teardown, idea generation (Redesign, material change, modularization, standardization etc..) and implementation and will be responsible for identifying cost-saving opportunities, evaluating and analyzing design and process changes, conducting value engineering and value analysis (VE/VA) activities, and collaborating with cross-functional teams. The role involves continuously improving product design and manufacturing processes to optimize cost efficiency while ensuring quality and compliance with industry standards.

Preferred Profile with below Key Responsibilities and Key Skills:

• Perform VAVE study and identify cost out opportunities which are quality neutral. Perform cost benefit analysis and finalize annualized savings for given project.
• Execute cost out opportunity mining exercises within Mechanical domain by spend - pareto analysis, should cost, competitor benchmarking, tear down etc.
• Mechanical Engineering skills including design, analysis, and CAD software proficiency
• Expertise in Cost Reduction and Analysis, Value Analysis/Value Engineering (VA/VE)
• Experience with Manufacturing Processes (Sheetmetal, Plastics Design, Castings), Process Optimization and Lean methodologies
• Strong Analytical and Problem-Solving skills
• Effective Communication and Collaboration skills
• Knowledge of industry standards and regulatory compliance
• Bachelor’s degree in Mechanical Engineering or related field
• Previous experience in a similar role within relevant industries is a plus.