Exciting Opportunity for Value Engineering Lead_ RTP, North Carolina

About the role

Execute VAVE/Cost Reduction/Cost Optimization projects. Coordinate with internal & external stakeholders & Cross functional teams. Participate in internal & external meetings and reviews. Conduct peer reviews. Ensure milestone deliveries as per project schedule and with quality. Update project status and any important info/issue to relevant stakeholders in timely manner. Ensure successful completion of project with customer review and acceptance/feedback.

Requirements

• Bachelor's degree in mechanical engineering or equivalent
• 8-12 years of Electromechanical Product and Supply Chain experience
• Experience or awareness of VAVE (Value Engg.) methodology
• Product overview and understanding of scope, constraints, expectations, Mfg region, Annual volume etc.
• Costed BOM Analysis (Multi-level BOM)
• Physical/Digital Product Teardown (Stripping down product to lowest level i.e., child-part level)
• Understanding functions of each part/sub-assembly, features and associated costs
• Conduct brainstorming/ideation sessions for generating cost reduction ideas
• Ideas screening and ranking - Remove duplicate/impractical ideas and rank remaining ideas on certain parameters
• Technical evaluation of ideas (design/material/process change etc.)
• Cost saving estimation for ideas - Savings per part and annualized savings
• Ability to study 3D Models and 2D drawings and other Engg. data
• Ability to study and analyze Design requirements, Materials, Manufacturing Processes and identify Cost drivers
• Hands on Design/CAD experience in parts made by Sheet Metal/Casting/Molding/Fabrication/Machining etc.
• Good understanding about above manufacturing processes
• Good communication and presentation skills
• Good in MS Excel (Data analysis, Charts, Pivot Tables, VLOOKUP etc.)

Qualifications

• Experience with tools like FAST diagram, functional block diagram, Pareto charts, 5Why technique etc. will be an added benefit
• VAVE Training and Certification will be an added benefit

Location: RTP, North Carolina - 100% onsite