QG
Hiring companyQuest Global
Verified today
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