Value Engineer

KEY RESPONSIBILITIES

50% Should Costing Use cost modeling tools to determine the bill of material costs as to provide insight to the manufactured costs on product basis.

20% Product Teardown – Perform teardown in an engineering lab environment and develop bill of materials by capturing dimensional parameters and manufacturing process details of product components and entire assemblies.

20% Communicating Results – Conduct financial and value-based calculations, summarize the findings from cost analytics for the business in presentation format and communicate the insights and recommendations to both technical/non-technical business partners. Present recommendations and influence execution of recommendation.

10% Business Collaboration – Provide product engineering guidance and knowledge/evaluations. Effectively develop trust and collaboration with internal customers and cross-functional teams.

Bachelor’s degree in mechanical engineering or mechatronics engineering.

5+ years’ working experience in product costing or manufacturing and/or new product development.

Experience working with vertically integrated manufacturers and/or working directly with suppliers who develop consumer product goods is desired.

Work experience in competitor research and Best-in-Class competitor analysis.

Experience in handling big data and familiarity with data science principles/practices is a plus.

KEY REQUIREMENTS

Good working knowledge of various materials comprising of metal/ plastic/ ceramic/ glass/ wood/ textiles.

Understanding of different manufacturing process and process cost calculations

Knowledge on Printed Circuit boards manufacturing and costing is a plus.

Product manufacturing/assembly and understanding of Bills of Materials.

Proficient in using the measuring instruments - calipers, micrometer, and scales

Ability to use Boothroyd Dewhurst DFM/DFMA costing software.

Proficient with Microsoft Office Suite - Excel and PowerPoint.

Familiarity with industry practices to track global commodity and labor data.

Ability to develop and apply mathematical/statistical techniques is a plus.

Ability to understand market intelligence reports, customer personas, and industry trends.

Analyze/assess findings, generate insights through reports, dashboards and presentations.

Ability to convey complex or technical ideas/processes in easy-to-understand terms to diverse audiences.

Ability to assimilate large cost data sets and summarize analytics into business insights and presentations.

Strategic mindset and action oriented.

Ability to work in cross-functional team environment.

Excellent written and verbal communication skills.