Cost and Value Engineering Professional

Job Summary

We are seeking a Cost and Value Engineer to join our Siemens Smart Infrastructure team. This position is based at a Siemens facility in the United States.

About the Role

Cost and Value Engineering (CVE) is a critical function that drives cost optimization, design-to-value initiatives, and supplier productivity improvements. The Cost and Value Engineer will collaborate across engineering, procurement, and product teams to influence product design and sourcing strategies.

Responsibilities

• Drive cost and value engineering initiatives using cost analysis, target costing, and design-to-value strategies to deliver measurable savings
• Perform bottom-up cost modeling and analysis to identify cost drivers across systems, subsystems, and components
• Lead cross-functional collaboration with R&D, procurement, manufacturing, and quality teams to influence product design and sourcing decisions
• Identify cost reduction opportunities and develop actionable strategies aligned to business objectives and product roadmaps
• Facilitate cost optimization workshops, benchmarking activities, and supplier innovation initiatives across global teams
• Develop and enhance CVE methods, tools, and best practices to expand organizational capabilities and knowledge sharing
• Develop and deploy AI-driven solutions, analytics tools, and digital applications to automate workflows, enhance data insights, and support cost optimization and engineering decision-making

Requirements

• Basic Qualifications: Bachelor’s degree in Engineering, Supply Chain, Business, or a related field; 7+ years of experience with cost engineering, strategic procurement, supply chain, or manufacturing environments; prior experience with cost modeling tools like Teamcenter Product Cost Management, aPriori, or similar solutions; engineering knowledge across components and materials including electronics, machined parts, casting, plastics, cables, and connectors; cross-functional project leadership including cost reduction initiatives, design-to-cost programs, and supplier collaboration; data-driven decision making using advanced analytics, AI-driven modeling, and digital costing tools to identify cost drivers and optimize sourcing strategies; ability and willingness to travel domestically and internationally up to 25%
• Prior Experience: Advanced degree in Engineering, Business, or Supply Chain Management; experience leveraging AI, predictive analytics, or digital engineering tools to improve cost optimization and operational decision-making; experience building automation tools, digital platforms, or web-based applications to enhance engineering or business workflows; knowledge of low and medium voltage systems, components, and manufacturing processes; experience working in a global, cross-cultural environment; additional language skills such as Spanish or German are a plus

Qualifications

• Basic Qualifications: Bachelor’s degree in Engineering, Supply Chain, Business, or a related field; 7+ years of experience with cost engineering, strategic procurement, supply chain, or manufacturing environments; prior experience with cost modeling tools like Teamcenter Product Cost Management, aPriori, or similar solutions; engineering knowledge across components and materials including electronics, machined parts, casting, plastics, cables, and connectors; cross-functional project leadership including cost reduction initiatives, design-to-cost programs, and supplier collaboration; data-driven decision making using advanced analytics, AI-driven modeling, and digital costing tools to identify cost drivers and optimize sourcing strategies; ability and willingness to travel domestically and internationally up to 25%
• Prior Experience: Advanced degree in Engineering, Business, or Supply Chain Management; experience leveraging AI, predictive analytics, or digital engineering tools to improve cost optimization and operational decision-making; experience building automation tools, digital platforms, or web-based applications to enhance engineering or business workflows; knowledge of low and medium voltage systems, components, and manufacturing processes; experience working in a global, cross-cultural environment; additional language skills such as Spanish or German are a plus

Benefits

Competitive salary and benefits package including health insurance, retirement plans, and paid time off.

Pay

$91,463 annually

Schedule

Full-time position