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Manager, Value Engineering & Should-Cost Analysis (Hea Job/ 164)

For Leading Provider Of Innovative Genetic Analysis In Life Sciences
10 - 13 Years
Full Time
Up to 60 Days
Up to 34.35 LPA
1 Position(s)
Bengalore
Posted By : HeadPro Consulting
Posted 1 Day Ago

Job Skills

Job Description

Primary Responsibilities

  • Lead a team of cost analysts and drive global initiatives in should-cost modeling and value engineering across direct material categories (plastics, metals, electronics, assemblies).
  • Build organizational capability in cost modeling, parametric estimation, and design-to-value principles to influence product cost decisions and supplier negotiations.
  • Drive VAVE (Value Analysis / Value Engineering) workshops with cross-functional teams to identify product/process cost reduction and value improvement opportunities.
  • Oversee development and governance of parametric cost models using tools such as aPriori; ensure models are aligned with current manufacturing trends and global cost factors.
  • Collaborate closely with R&D, Engineering, Procurement, and Finance to shape cost-conscious product designs and supplier strategies during NPI and sustaining phases.
  • Institutionalize design-to-cost and design-for-manufacturing practices across development lifecycles.
  • Provide leadership in supplier clean-sheet negotiations and cost benchmarking; lead cost audits and deep-dive workshops with global suppliers.

People and Process Leadership

  • Coach and mentor a team of cost analysts; set clear goals, provide feedback, and build domain expertise.
  • Define standard operating procedures for should-cost analysis, value engineering reviews, and clean-sheet costing.
  • Act as the global point of contact for should-costing practices in specific categories or platforms.
  • Represent the cost/value engineering function in cross-functional forums, governance councils, and executive reviews.

Skills and Competencies

  • 10+ years of experience in cost engineering, value engineering, or sourcing analytics, preferably in a global manufacturing or MedTech environment.
  • Proven team leadership with ability to influence across technical and commercial stakeholders.
  • Strong analytical and modeling skills; hands-on experience with aPriori, SolidWorks/Creo, SAP, and PLM tools.
  • Expertise in manufacturing processes, cost drivers, and supply chain dynamics across global regions.
  • Experience in facilitating cost/value workshops, driving supplier cost discussions, and delivering executive-ready insights.
  • Strategic thinking with a bias for execution and continuous improvement.

Preferred Qualifications

  • Bachelor’s degree in Mechanical/Manufacturing Engineering, Industrial Engineering, or Supply Chain (Master’s preferred).
  • Certified in Value Analysis / Value Engineering or Lean Product Development.
  • Familiarity with DFX principles (DFM/DFA), cost accounting, and operations strategy.