Value Engineer
1 week ago
KEY RESPONSIBILITIES
50% Should Costing Use Home Depot 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.
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