Cost and Value Engineering Professional
Siemens
Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrives is if our people are thriving. That's why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you?
Transform the everyday with us.
Cost and Value Engineering (CVE) plays a critical role in increasing product competitiveness and profitability by driving cost optimization, design-to-value initiatives, and supplier productivity improvements. In this role, you will collaborate across engineering, procurement, and product teams to influence product design and sourcing strategies. You will also strengthen global CVE capabilities while delivering measurable business and financial impact.
You'll make a difference by:
- Driving cost and value engineering initiatives using cost analysis, target costing, and design-to-value strategies to deliver measurable savings
- Performing bottom-up cost modeling and analysis to identify cost drivers across systems, subsystems, and components
- Leading cross-functional collaboration with R&D, procurement, manufacturing, and quality teams to influence product design and sourcing decisions
- Identifying cost reduction opportunities and developing actionable strategies aligned to business objectives and product roadmaps
- Facilitating cost optimization workshops, benchmarking activities, and supplier innovation initiatives across global teams
- Developing and enhancing CVE methods, tools, and best practices to expand organizational capabilities and knowledge sharing
- Developing and deploying AI-driven solutions, analytics tools, and digital applications to automate workflows, enhance data insights, and support cost optimization and engineering decision-making
- Bachelor's degree in Engineering, Supply Chain, Business, or a related field
- 7+ years of experience with the following:
- Cost engineering, strategic procurement, supply chain, or manufacturing environments including cost modeling tools such as Teamcenter Product Cost Management, aPriori, or similar solutions
- Engineering knowledge across components and materials including electronics, machined parts, casting, plastics, cables, and connectors
- Cross-functional project leadership including cost reduction initiatives, design-to-cost programs, and supplier collaboration
- Data-driven decision making using advanced analytics, AI-driven modeling, and digital costing tools to identify cost drivers and optimize sourcing strategies
- Experience developing and deploying AI-based solutions, tools, or applications to automate workflows, enhance data visualization, and support engineering and business decision-making
- Ability and willingness to travel domestically and internationally up to 25%
- Legally authorized to work in the United States on a continual and permanent basis without company sponsorship.
- Advanced degree in Engineering, Business, or Supply Chain Management
- Experience leveraging AI, predictive analytics, or digital engineering tools to improve cost optimization and operational decision-making
- Experience building automation tools, digital platforms, or web-based applications to enhance engineering or business workflows
- Knowledge of low and medium voltage systems, components, and manufacturing processes
- Experience working in a global, cross-cultural environment; additional language skills such as Spanish or German are a plus
You'll Benefit From
Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here:
The pay range for this position is 91,463 - 156.794 annually with a target incentive of 10% of the base salary. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location. Equal Employment Opportunity Statement
Siemens is an Equal Opportunity Employer encouraging inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.
EEO is the Law
Applicants and employees are protected from discrimination on the basis of race, color, religion, sex, national origin, or any characteristic protected by Federal or other applicable law.
Reasonable Accommodations
If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form by clicking on this link Accommodation for disability form. If you're unable to complete the form, you can reach out to our AskHR team for support at View phone number on click.appcast.io. Please note our AskHR representatives do not have visibility of application or interview status. Pay Transparency
Siemens follows Pay Transparency laws.
California Privacy Notice
California residents have the right to receive additional notices about their personal information. To learn more, click here. Criminal History
Qualified applications with arrest or conviction records will be considered for employment in accordance with applicable local and state laws.
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