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Siemens

Cost And Value Engineering Professional

2-7 Years
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Job Description

Key Responsibilities:

Cost Analysis & Optimization

  • Apply Cost Analysis and Optimization (CAO), Supply Chain Productivity Improvement (SPI), and Design-to-Cost (DtC) methods across the product lifecycle.
  • Compile feasible component costs for bottom-up target indication and cost split.
  • Propose alternative manufacturing scenarios and quantify potential savings for Procurement and cross-functional teams.

Design to Cost & Standardization

  • Calculate baseline costs and update component costs according to design maturity.
  • Challenge requirements and propose DtC measures to R&D, product management, and procurement.
  • Quantify the financial impact of proposed cost-saving measures.

Supply Chain Productivity Improvement (SPI)

  • Generate transparency in supplier processes, technologies, and costs.
  • Identify improvement potentials and support supplier negotiations.
  • Coach suppliers on lean and technology-driven supply chain optimization.

Cost & Value Models

  • Establish and maintain cost and value models, design rules, and benchmark data.
  • Ensure alignment with production processes, equipment, and supplier costs.

Digitalization & Automation

  • Identify opportunities for automation and implement solutions to improve efficiency and quality of cost analyses.
  • Manage CVE-related applications and dashboards for smart, rapid calculations and reporting.
  • Act as the primary contact for CVE software for colleagues and software providers.

Collaboration & Reporting

  • Coordinate with internal teams (R&D, product management, Procurement) and global CVE networks.
  • Prepare and present management reports, dashboards, and recommendations.
  • Stay updated on new software solutions, AI, and machine learning applications relevant to CVE.

Competencies & Skills:

  • Expertise in cost modeling, production technology, and supply chain optimization.
  • Proficient in MS Office and product cost management tools such as TCPM or TSET.
  • Knowledge of Python, SQL, big data analytics, and AI/ML is a plus.
  • Strong intercultural communication and presentation skills (English).
  • Ability to manage and lead cross-functional and global teams.

More Info

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Open to candidates from:
Indian

About Company

At Siemens India, we believe in transforming the everyday through innovation, technology, and sustainability. By pioneering digital transformation with AI, IoT, and automation, we optimize efficiency across industries.

Job ID: 130538981