Principal Supplier Value Engineer
$103.2k - $129kWestinghouse Electric Company LLC
Principal Supplier Value Engineer
Are you interested in being part of an innovative team that supports Westinghouse's mission to provide clean energy solutions? At Westinghouse, we recognize that our employees are our most valuable asset and we seek to identify, attract and recruit the most qualified talent while recognizing and encouraging the value of diversity in the global workplace.
About the role: As a Principal Supplier Value Engineer, you will develop should cost estimates for complex structures and equipment. These structures and equipment include AP1000, AP300, and eVinci. You will develop custom cost prediction algorithms specific to the nuclear industry which will be used as data points for negotiations with suppliers to reduce cost for materials, labor and other fabrication considerations. You will report to the Manager, Value Engineering and work remote. 100% Remote role.
Key Responsibilities:
- Gather data from several sources, cleans and amalgamates it.
- Use statistical and mathematical modeling and programming skills to analyze large volumes of data.
- This analysis helps develop libraries of algorithms to predict cost data, including materials, manufacturing operations, test operations, quality management operations, and other processes.
- These processes are necessary to establish a cost estimate for a variety of nuclear components and services.
- Use the cost libraries to build should cost estimates by leading product teams and suppliers to identify the cost driving parameters needed for the cost model.
- Support category management and supplier negotiation teams to use should cost analysis in playbook negotiations which will lead to business awards tied to Long-term Agreements (LTA).
- Collaborate with external and your partners to identify component and process cost drivers, establish should cost estimates and identify cost reduction opportunities.
- Maintain Should Costing knowledge by researching and tracking industry trends, best practices, applicable indices, and competitive offerings to identify opportunities for innovation, competitive advantage, and increased overall productivity.
- Develop a productive working relationship with teams: Engineering, Operations, Quality, and Procurement.
- Identify, secure and manage 3rd party suppliers to develop the Should Costing Program.
Qualifications:
- Bachelor's degree in engineering.
- Master's degree in engineering, Supply Chain Management, Operations Research, or Mathematics and Statistics preferred.
- 10+ years of experience in either should cost estimating, manufacturing process planning, mathematics and statistics.
- SAVE international certification preferred.
We are committed to transparency and equity in all of our people practices. The base salary range for this position, which is dependent upon experience, qualifications and skills, is estimated to be $103,200 to $129,000 per year.
Why Westinghouse? Our benefits package is tailored to meet the diverse needs of our employees, while also promoting wellness and career growth. The following are representative of what we offer:
- Comprehensive Medical benefits which could include medical, dental, vision, prescription coverage and Health Savings Account (HSA) with employer contributions options
- Wellness Programs designed to support employees in maintaining their health and well-being including Employee Assistance Program providing support for our employees and their household members
- 401(k) with Company Match Contributions to support employees' retirement
- Paid Vacations and Company Holidays
- Opportunities for Flexible Work Arrangements to promote work-life balance
- Educational Reimbursement and Comprehensive Career Programs to help employees grow in their careers
- Global Recognition and Service Programs to celebrate employee accomplishments and service
- Employee Referral Program
Westinghouse Electric Company is the global nuclear energy industry's first choice for safe, clean, and efficient energy solutions. We enable our delivery of this vision by living our value system: Safety and Quality Integrity and Trust Customer Focus and Innovation Speed and Passion to Win Teamwork and Accountability.
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