Cost and Value Engineer (f/m/d) - NPI (New Product Involvement) - Mechanical

at  Innomotics GmbH

We are looking for a Cost and Value Engineer (f/m/d) – NPI (New Product Involvement) – Mechanical to join our team at Innomotics.

15,000 AND COUNTING.

Are you looking for the stability of an established global player with the lean, innovative spirit of a mid-size hidden champion? That’s us! Are you looking to shape entire industries with a future-proof portfolio of more sustainable, energy efficient solutions? Deal, let’s go!

This position is responsible for early involvement during new product development as a cost and value engineer for mechanical commodities in High Voltage Motors, Low Voltage motors and few other businesses like Medium Voltage Drives, Low Voltage Motors as and when required.

Work scope is to focus on creating cost transparency, defining target costs, total Cost of product/supplied good, finding cost saving measures, suggesting design changes for best competitive position of Innomotics’ products in market by competitor analysis (benchmarking).

• Responsible for generation of cost transparency at design stage itself- Cost Analysis and Optimization(CAO).
• Coordinate and collaborate with cross-functional teams to ensure that Design to Cost (DtC), Design to Value (DtV), and Eco-Robust-Design principles are considered early in the product development phase. Work closely with product designers and engineers to optimize product designs for cost efficiency and sustainability.
• Challenge requirements and propose design options and changes in system / components architecture (Dtx measures) to R&D and evaluate the related cost impact. - Promote and drive Standardization and Harmonization to leverage pooling potentials
• Conduct CVE Sprints / workshops for new products to generate design to cost, design to value, robust eco design ideas.
• Evaluation of new ideas and monitor for implementation along with procurement engineers.
• Provide target cost for new products/ components.
• Competitor analysis (benchmarking) – preparation of competitors BOM in reverse engineering way, along with cost position and design changes impact
• Ensure early involvement of right supplier along with procurement engineering (PE), create cost baseline and support in negotiating contracts or component costs.
• Be an active member of CVE community within Innomotics to create cost models to avoid repetitive work, finding innovative way to create cost transparency and be first to transfer knowledge within community.

Your profile.

• You have completed a university degree in a relevant field (e.g. Mechanical, (industrial) Engineering).
• You have gained long-term relevant working experience in in product development, systems engineering, production engineering, procurement engineering or cost and value engineering for mechanical commodities.
• You can demonstrate a successful track record in defining and implementing improvement measures.
• You have handled cost and value engineering activities, worked in manufacturing or process engineering, strategic sourcing, procurement.
• You have handled mechanical commodities like casting, machining, cabinets, sheet metal parts, large steel fabrication, motor and drives assembly process etc
• You are a team player and like to coordinate diverse teams.
• You are good at listening, analyzing, presenting, and persuading and you are a self-driven and target oriented person.
• You have gained intercultural experiences in your previous assignments.
• You are fluent in English. A good knowledge of German would round up your profile.