Procurement Engineer

nGenium Ltd; Oxford; Hybrid; GBP 125,000 - 150,000; Full time

Job summary

A global engineering organisation is seeking a Cost Value Engineer to provide technical analysis and support procurement and engineering teams. Offering a 12-month fixed-term contract in Oxford, the role involves cost optimisation projects and requires strong engineering and procurement experience. It includes a hybrid work model after an initial onsite period.

Qualifications

• Degree or equivalent in Mechanical or Industrial Engineering (HNC or BEng).
• Strong understanding of manufacturing techniques and cost drivers.
• Experience in engineering or procurement with supplier engagement.

Responsibilities

• Provide technical cost analysis and value engineering support.
• Lead cost optimisation projects.
• Support design phases with cost estimation.

Skills

Cost analysis

Value engineering

Communication

Analytical skills

Education

Degree in Mechanical or Industrial Engineering

Job description

Overview

Job Title: Cost Value Engineer / Procurment Engineer

Location: Oxford (12-Month Fixed-Term Contract, Hybrid After Initial Onsite Period)

Pay Rate: £26 - £40 per hour (DOE) (37 hours per week, Monday to Friday)

A global engineering organisation is seeking a technically skilled Cost Value Engineer to support procurement and engineering teams through all phases of the product lifecycle. The company delivers high-performance technology solutions with a focus on cost, quality, and manufacturability.

Role Overview

You'll provide technical cost analysis and value engineering support across procurement, suppliers, and R&D. Key responsibilities include leading cost optimisation projects, supporting design phases with cost estimation, and advising on manufacturing cost drivers. The role involves approximately 20% travel and requires full onsite presence for the first weeks, moving to hybrid working thereafter.

Responsibilities

• Provide technical cost analysis and value engineering support across procurement, suppliers, and R&D.
• Lead cost optimisation projects.
• Support design phases with cost estimation.
• Advise on manufacturing cost drivers.
• Travel approximately 20% of the time; on-site presence required for the initial weeks, then hybrid work.

Key Requirements

• Degree or equivalent in Mechanical or Industrial Engineering (HNC or BEng).
• Strong understanding of manufacturing techniques and associated cost drivers.
• Experience in engineering or procurement, with supplier engagement background.
• Skilled in cost analysis, value engineering, and target costing.
• Knowledge of mechanical and electro-mechanical components and assemblies.

Ideal Candidate

• Confident communicator able to bridge engineering, procurement, and supplier discussions.
• Analytical and detail-oriented with a focus on cost, quality, and design for manufacture.
• Able to challenge assumptions and influence stakeholders to drive value.