SI

Cost And Value Engineering Professional

Siemens
Mumbai2-6 LPA Posted 29 Oct 2025
FULL TIME
Big Data Analytics
Sql
Automation
Python

Job Description

Key Responsibilities:

Cost Analysis & Optimization

  • Apply Cost Analysis and Optimization (CAO), Supply Chain Productivity Improvement (SPI), and Design-to-Cost (DtC) methods across the product lifecycle.
  • Compile feasible component costs for bottom-up target indication and cost split.
  • Propose alternative manufacturing scenarios and quantify potential savings for Procurement and cross-functional teams.

Design to Cost & Standardization

  • Calculate baseline costs and update component costs according to design maturity.
  • Challenge requirements and propose DtC measures to R&D, product management, and procurement.
  • Quantify the financial impact of proposed cost-saving measures.

Supply Chain Productivity Improvement (SPI)

  • Generate transparency in supplier processes, technologies, and costs.
  • Identify improvement potentials and support supplier negotiations.
  • Coach suppliers on lean and technology-driven supply chain optimization.

Cost & Value Models

  • Establish and maintain cost and value models, design rules, and benchmark data.
  • Ensure alignment with production processes, equipment, and supplier costs.

Digitalization & Automation

  • Identify opportunities for automation and implement solutions to improve efficiency and quality of cost analyses.
  • Manage CVE-related applications and dashboards for smart, rapid calculations and reporting.
  • Act as the primary contact for CVE software for colleagues and software providers.

Collaboration & Reporting

  • Coordinate with internal teams (R&D, product management, Procurement) and global CVE networks.
  • Prepare and present management reports, dashboards, and recommendations.
  • Stay updated on new software solutions, AI, and machine learning applications relevant to CVE.

Competencies & Skills:

  • Expertise in cost modeling, production technology, and supply chain optimization.
  • Proficient in MS Office and product cost management tools such as TCPM or TSET.
  • Knowledge of Python, SQL, big data analytics, and AI/ML is a plus.
  • Strong intercultural communication and presentation skills (English).
  • Ability to manage and lead cross-functional and global teams.
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