Cost Value Engineering Expert - Mechanical

Job Description

A Snapshot of Your Day Each day, you ll dive into should cost analysis, collaborate with multi-functional teams, and deliver full supplier transparency to ensure we secure the best value for our customers. You ll play a pivotal role in enhancing profitability and competitiveness, supporting design-to-cost initiatives, and ensuring new products are developed at optimal cost without compromising quality. Your expertise will directly impact our ability to win bids and deliver innovative, cost-effective solutions. If you re ready to lead, innovate, and make a measurable difference, this is your opportunity to shine. How You ll Make an Impact Deliver should cost analysis and ensure full transparency of supplier offers to identify the most competitive options. Create and gather new cost-out ideas for the Siemens Energy portfolio, participating in multi-functional workshops. Track and manage product CVE initiatives in cost tracking software (PRIOneer) to ensure accurate reporting. Support proposal teams by ensuring all relevant cost measures are considered for the most cost-effective solutions. Facilitate and participate in meetings at all levels, including executive leadership, to drive cost and value engineering initiatives. Apply powerful methods such as TcPCM, aPriori Should Costing, MLPP, and CBD to achieve cost transparency for third-party scopes. Lead innovation teams and champion design for manufacturing methodologies to support product development at optimal cost. What You Bring You hold a BS in Mechanical, Electrical, Electronics, Chemical, or Petroleum Engineering. You have at least 5 years of proven experience in roles such as Application Engineer, Maintenance Engineer, Process Engineer, Design Engineer, or Product Engineer. You are determined, proactive, and willing to really commit to achieve results. You bring extensive knowledge of how design, technical, automation, sourcing, and logistics decisions impact cost and schedule. You are proficient in MS Office Suite and have solid expertise in Design-to-Value, Design-to-Cost, customer value, and cost analysis. Experience with turbomachinery or rotating equipment and associated auxiliary systems is a plus. About the Team You ll join a collaborative, forward-thinking team dedicated to enhancing the competitiveness and profitability of Siemens Energy s Industrial Application business. The team works closely with sales, proposal, and R&D teams to drive cost-out projects from idea creation to full implementation. We value open communication, innovation, and a shared commitment to delivering high-quality, cost-effective solutions for our customers. Who is Siemens Energy? At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the worlds electricity generation. Our distributed team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation. Find out how you can make a difference at Siemens Energy: https: / / www.siemens-energy.com / employeevideo Our Commitment to Diversity Rewards/Benefits Employees are eligible for Remote Working arrangements up to 2 days per week. All employees are automatically covered under the Medical Insurance. Company paid considerable Family floater cover covering employee, spouse and 2 dependent children up to 25 years of age. Siemens Energy provides an option to opt for Meal Card to all its employees which will be as per the terms and conditions prescribed in the company policy as a part of CTC, tax saving measure Flexi Pay empowers employees with the choice to customize the amount in some of the salary components within a defined range thereby optimizing the tax benefits. Accordingly, each employee is empowered to decide on the best Possible net income out of the same fixed individual base pay on a monthly basis.