Value Engineer I

Sears SeatingDavenport, IA

About The Position

The Value Engineer I is responsible for supporting various cross functional teams and projects related to new and existing product cost. The Value Engineer I is responsible for identifying opportunities for product improvement to eliminate waste and drive higher profit margins.

Requirements

  • Value Engineer I is responsible for supporting various cross functional teams and projects related to new and existing product cost.
  • Identifying opportunities for product improvement to eliminate waste and drive higher profit margins.
  • Lead strategic value engineering projects that support best total cost of product through quality, design, manufacturing process, and supply chain.
  • Lead the cross functional assessment of new project costs and capital investments.
  • Responsible for reporting and developing action items to support new product margins.
  • Prepare make / buy cost analysis and present to teams.
  • Conduct benchmarking events evaluating market value and should cost analysis.
  • Prepare reports for all levels of management as needed.
  • Develop and implement goals and initiatives consistent with company strategy.
  • Stay current and communicate inflationary market trends to senior management.
  • Create costed engineering BOM’s for cost comparisons.
  • Manage meetings with cross functional teams including customers and suppliers.
  • Create RFQ’s for supplier quotations and evaluate to make sure cost targets are achieved.
  • Audit system BOM for accuracy, and collaborate with engineering, manufacturing engineering, and supply chain to resolve discrepancies.
  • Participate in R & D development to incorporate new technology and innovative solutions.
  • Initiate Engineering Change Requests (ECR’s) to make changes to existing product to improve efficiency, quality, and cost.

Responsibilities

  • Lead strategic value engineering projects that support best total cost of product through quality, design, manufacturing process, and supply chain.
  • Lead the cross functional assessment of new project costs and capital investments.
  • Responsible for reporting and developing action items to support new product margins.
  • Prepare make / buy cost analysis and present to teams.
  • Conduct benchmarking events evaluating market value and should cost analysis.
  • Prepare reports for all levels of management as needed.
  • Develop and implement goals and initiatives consistent with company strategy.
  • Stay current and communicate inflationary market trends to senior management.
  • Create costed engineering BOM’s for cost comparisons.
  • Manage meetings with cross functional teams including customers and suppliers.
  • Create RFQ’s for supplier quotations and evaluate to make sure cost targets are achieved.
  • Audit system BOM for accuracy, and collaborate with engineering, manufacturing engineering, and supply chain to resolve discrepancies.
  • Participate in R & D development to incorporate new technology and innovative solutions.
  • Initiate Engineering Change Requests (ECR’s) to make changes to existing product to improve efficiency, quality, and cost.
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