Position Overview
The Lead Engineer – Value Analysis and Value Engineering (VA/VE) will be responsible for planning, leading, and executing VA/VE initiatives across multiple product lines. This role focuses on optimizing product design, driving cost reduction, and enhancing overall performance while ensuring compliance with quality, safety, and regulatory standards.
The position involves identifying value-improvement opportunities, collaborating closely with cross-functional teams (Design, Manufacturing, Supply Chain, Quality, and Procurement), and driving the implementation of cost-optimized solutions aligned with organizational objectives. The Lead Engineer will also play a key role in mentoring junior engineers, promoting best practices, and fostering a culture of continuous improvement, innovation, and value-driven engineering within the team.
Mandatory Skills:
- 6+ years experience in driving execution of development and implementation of VA/VE strategies and roadmaps to meet organizational objectives. Identify opportunities for value optimization by analysing product designs, manufacturing processes, and supply chains.
- 6+ years & Advanced proficiency in SolidWorks & CREO for complex assemblies, tolerance stack-up analysis, and design optimization.
- 6+ years experience in deep understanding of GD&T per ANSI Y14.5, tolerance analysis, and mechanical stress evaluation for high-precision components.
- Strong communication & interpersonal skills and ability to work in a fast-paced environment and manage multiple priorities.
Desired Skills:
- VA/VE Ideation: Develop and implement VA/VE strategies and roadmaps to meet organizational objectives. Identify opportunities for value optimization by analysing product designs, manufacturing processes, and supply chains.
- Project Execution: Collaborate with cross-functional teams, including design, manufacturing, procurement, and quality, to drive VA/VE projects from concept to implementation. Lead ideation sessions, root cause analysis, and brainstorming workshops to identify cost-reduction opportunities. Ensure timely execution of VA/VE projects while meeting quality, functionality, and compliance standards.
- Data Analysis and Reporting: Analyse product cost structures, identify cost drivers, and propose design or process changes for value enhancement. Prepare detailed reports summarizing VA/VE project results, including savings achieved and impact on performance.
- Prototyping and Validation: Work with suppliers and internal teams to develop prototypes for VA/VE initiatives. Ensure thorough validation and testing of changes to maintain product quality and compliance.
- Continuous Improvement: Drive a culture of innovation by promoting the use of advanced tools, methodologies, and best practices in VA/VE. Continuously monitor industry trends and emerging technologies for potential application in VA/VE projects.
- On-time project delivery while upholding utmost technical standards and quality standards for the deliveries within agreed budgets will be the key metrics of performance measurement.
- Contributing to the business through innovative ideas and through generating IP for the organization.
- Expertise/Proficient with CAD tools, DFMEA, PFMEA, and VA/VE tools (FAST,
Function Tree, etc.).
- Exposure to materials science, mechatronics, or related multidisciplinary engineering domains.
- Experience with conducting design reviews, value engineering workshops, and costbenefit analyses.
- Knowledge of industry standards (ISO, ASTM, UL, NSF etc.) and compliance requirements.
- Experience with Six Sigma, Lean Manufacturing, or similar process improvement methodologies.
- Certification: VAVE Certification from SAVE (Society of American Value Engineers) is an added advantage.
Opportunities for Growth
- Take ownership of complex, cross-functional VA/VE engineering and validation projects across multiple product lines, building strong technical and execution leadership.
- Develop deep expertise through exposure to diverse products, platforms, and valuedriven engineering challenges in a dynamic and innovation-focused environment.
- Strengthen leadership capabilities by improving VA/VE processes, driving data-based decision-making, and collaborating effectively with global and cross-functional teams.
- Progress into the role of Senior Lead Engineer, with increased technical ownership, strategic influence, and mentoring responsibilities, followed by advancement to Project Lead, with end-to-end project ownership, stakeholder management, and team leadership accountability based on performance and demonstrated leadership potential.
Required Qualifications
- Bachelor's or Master's degree in Mechanical engineering, Industrial Engineering, or a related field. 6 to 8 years of experience in VA/VE activities, cost optimization, or related engineering roles.
- A seasoned, result-oriented engineer who can work independently once given direction, has good rapport with coworkers, can listen, be creative, and is detailed oriented.
- Strong analytical and problem-solving abilities with keen attention to detail, accuracy, and flexibility to adapt quickly to changing business needs and project priorities.
- Excellent communication and interpersonal skills, with the ability to convey technical information clearly, collaborate effectively across functions, and work both independently and in team leadership roles.
- Maintains a good attitude, persistence, and drive focused on finding a way to accomplish the objectives.
- Willing to travel within or outside India as and when needed (about 10% of travelling per year)
