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Hiring companyQuest Global

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Senior Cost Value Engineer

Bengaluru, Karnataka, India Full-time

About the role

Quest Global's Cost Value Engineering (CVE) function drives cost transparency and optimization for externally purchased materials, components, and systems in the Power generation product portfolio. As a Senior Cost Value Engineer for Gas & Steam turbine components, you will lead projects from cost transparency and should-cost definition to optimization, collaborating with interdisciplinary teams and external suppliers. You will also actively participate in commodity circles to align cross-functional priorities and implement commodity-specific strategies. This full-time role is based in Bengaluru, Karnataka, India.

What you’ll do

  • Act as a team member in CVE and Procurement, collaborating closely to gain cost transparency and foster cooperation between Commodity Management and Engineering
  • Engage closely with suppliers to understand their strengths and weaknesses, facilitating informed decision-making
  • Collaborate with suppliers to improve their processes and enhance cost efficiency
  • Utilize theoretical Cost Structure Analysis (CSA) to negotiate and align with suppliers' individual situations
  • Understand and actively support the Commodity/Supplier Strategy, ensuring alignment with organizational objectives
  • Ensure cost transparency aligns with the planned negotiation of commodities to optimize resource allocation
  • Assess scaling effects on bundling at suppliers to drive standardization and efficiency
  • Apply and share knowledge on manufacturing processes and materials for the Acoustics commodity, including large size components, steel structures, sheet metals, and welding processes

What you’ll bring

  • Bachelor's degree or higher in a combined technical/commercial field or a technical discipline
  • Long-term professional experience in the Energy business, engineering, R&D, Manufacturing, Project Management, and/or Supply Chain
  • Relevant technical product knowledge in Core Commodities
  • Proficiency in IT tools relevant to cost analysis and engineering, such as TcPCM
  • Strong communication and teamwork skills with demonstrated experience in global cross-functional project teams
  • Professional fluency in English
  • Ability to conduct detailed analysis of supplier-specific cost structures to identify cost reduction opportunities
  • Ability to develop and implement effective cost-out measures in close alignment with cross-functional teams

Nice to have

  • Experience in gas/steam turbine and/or generator core commodities
  • Experience in system Design to Cost (DtC) and VA/VE in different industries
  • Experience in technical and cost optimization for new developments
  • Conversational German

Skills

Cost Structure AnalysisTcPCMDesign to CostVA/VECost TransparencyManufacturing ProcessesSupplier StrategyCross-functional Collaboration

Education

Bachelor’s degree or higher in a combined technical/commercial field or a technical discipline