Value Engineering Manager

Bee5 Manpower Consulting
  • Mumbai
  • 10-15 lakh
  • 8-12 years
  • Views
  • 12 Apr 2017

  • Design

  • Capital Goods/Machinery
Job Description

Develop plans and lead Cost Engineering activities to execute dispenser programs/ equipment dispensing liquids and gases at lowest possible product production cost.
This position will primarily focus on cost reduction activities on new products and getting the right cost before launch.
Develop and utilize competitive component and/or system cost analysis to recommend robust cost effective solutions.
Articulate available estimates, cost drivers, and content tradeoffs to Dispenser Teams.
Drive cost effective decisions to meet program financial targets, while supporting the execution of class leading Dispenser for the customer with strong proven leadership skills and project aptitude.

Key Responsibilities:
Schedule and conduct cost development/ cost reduction/ cost containment/ gap closure activities as required by Cost Plan or requested by Program manager/Chief Engineer for equipments dispensing liquids and gases such as CNG, LNG, and LPG etc.
Work with product team leadership to develop and maintain cost plan with timing to appropriately support program product cost objectives and product content changes for all assigned programs.
Initiate review of RFQ for part cost and support sourcing reviews, Pre-RFQ and Update Recommendation.
Understand all the influencing labor, process and material cost drivers for all components within a dispenser, also recommend best approach.
Understand and recommend material process that can help for new products like Extrusion, Fabrication, Injection molding, soft tooling etc.
Lead milestone and other Leadership reviews with Cost, Benchmark information pertinent to program execution.
Maintain alignment between PE BOM, Sourcing and Product Cost target.
Participate and support design reviews, PPDRS and product cost performance metric results for costing plan.
Provide input to design engineering on learnings needed to balance between cost vs performance.
Reduce part count by increasing the reuse of sub-component parts.
Drive competitiveness, evaluate process and design cost efficiencies.
Maintain repository/ library of all the previous historical cost analysis done for both internal and competition.
Work cooperatively with the product team to determine program specific requirements.
experience in leading Cost Engineering activities to execute dispenser programs/ equipment dispensing liquids and gases.
Sound knowledge of Global Cost Engineering processes and procedures including costing evolution during the Product development cycle and accounting principles.
Solid expertise in Costing Analysis and Value Analysis.
Hands-on global sourcing, and expertise in costing of sheet metals, casting and value engineering.
Strong prioritization skills for projects with time constraints and adept at working with complex bill of materials.
Sound understanding and detailing of manufacturing processes, assembly techniques and related costing.
Detailed understanding of machining and other process tolerance vs cost impact, raw material cost and finish good conversion cost.
Ability to network and collaborate cross-functionally to enhance cost knowledge.
Sound knowledge of Root cause Analysis and ability to resolve complex problems.
Sound knowledge and expertise in should costing methodologies for product production cost.
Strong interpersonal skills and demonstrated commitment to teamwork and partnerships.
Must be willing and able to create and present information to leadership, and customers in a clear and concise manner.
Hands-on MS Office Suite

Engg. Costing Analysis, Value Analysis, Costing of Dispensing Machines, Sheet Metal, Casting, Extrusion, Fabrication, Soft Tooling, Engg. Cost Reduction, Product Costing, Cost Estimate, RFQ, Pre-RFQ, PE BOM, PPDRS, Product Cost Performance Metric

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Bee5 Manpower Consulting