Cost Value Engineer

Siemens Mobility; Bengaluru; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Siemens Energy India Limited (SEIL) invites a disciplined cost engineering professional to join the SCM-Procurement / Supply Chain Logistics team in Bengaluru. You will collaborate with Engineering, Procurement, Project Management, and global suppliers to deliver should-cost models and data-driven cost insights for E-House solutions.

You will analyze cost drivers, support design optimization, and help negotiations by providing transparent cost breakdowns and benchmarks.

Qualifications

• Minimum Bachelor’s degree in engineering or a related technical field (preferred: Mechanical Engineering).
• 5+ years of relevant experience in cost engineering, procurement/manufacturing engineering, or technically driven supplier collaboration (or comparable engineering roles).
• Strong analytical and cost-engineering skills (should-costing, value engineering, and evaluation of supplier data and quotations).
• Clear, structured communication skills and the ability to collaborate across Product Management, Engineering, Procurement, Manufacturing, Project Management, and suppliers.
• Strong Excel skills and digital/tool proficiency; experience with TcPCM, aPriori, NX, or similar tools is a plus. Knowledge of advanced data management and multilinear pricing (MLPP) is an advantage.
• Understanding of manufacturing and integration processes to assess feasibility, cost drivers, and supplier capabilities.
• International mindset, willingness to travel, and fluency in English; experience working in multicultural environments.

Responsibilities

• Develop should-cost models to drive cost transparency for E-Houses.
• Evaluate cost drivers across materials, fabrication, and integration.
• Provide data-driven cost insights for supplier negotiations.
• Support design optimization and target costing with Engineering.
• Lead cross-functional workshops on cost and value.
• Standardize BOM structures and cost breakdown templates.
• Collaborate with CVE network and promote cost/value mindset across teams.
• Create a price predictability model for E-Houses.

Skills

Cost engineering

Should-costing

Value engineering

Supplier data analysis

Analytical thinking

Education

Bachelor's degree in engineering

Tools

Excel

TcPCM

aPriori

NX

Job description

SCM-Procurement / Supply Chain Logistics

SIEMENS ENERGY INDIA LIMITED

Profesional Junior

A Snapshot of Your Day

You collaborate closely with Engineering, Procurement, Project Management, and our global supplier base to create cost and value transparency for E-House solutions — from modular electrical buildings to fully integrated turnkey units. You analyze technical concepts, break down material, fabrication, and integration cost drivers, and provide fact-based design-to-value recommendations that support both product development and sourcing decisions. Your day includes building should-cost models, validating supplier quotations, and participating in cross-functional workshops to help optimize product architecture and specifications. With your technical and commercial understanding, you help Procurement prepare for supplier negotiations by delivering clear, data-driven cost insights that strengthen competitiveness in the E-House market.

How You’ll Make an Impact

• Drive cost transparency for E-Houses by developing should-cost models and analyzing key cost drivers across materials, fabrication, and integration
• Support design optimization and target costing by evaluating alternatives and identifying simplification and value-improvement opportunities with Engineering
• Strengthen supplier negotiations with reliable cost breakdowns, benchmarks, and fact-based input for sourcing strategies
• Improve competitiveness and profitability by identifying cost-out levers in modularization, material selection, and manufacturing processes
• Drive standardization of E-House designs, BOM structures, and cost breakdown templates to improve comparability, reusability, and scalability across projects
• Advance cross-functional collaboration by representing CVE in the E-House Commodity Circle and promoting a shared cost-and-value mindset across teams
• Lead cross-functional collaboration on creation of a price predictability model for E-Houses
• Contribute to the global CVE network by exchanging best practices, tools, and insights to continuously improve CVE methods within EAD

What You Bring

• Minimum Bachelor’s degree in engineering or a related technical field (preferred: Mechanical Engineering).
• 5+ years of relevant experience in cost engineering, procurement/manufacturing engineering, or technically driven supplier collaboration (or comparable engineering roles). Working knowledge of E-Houses is a plus.
• Strong analytical and cost-engineering skills (should-costing, value engineering, and evaluation of supplier data and quotations).
• Clear, structured communication skills and the ability to collaborate across Product Management, Engineering, Procurement, Manufacturing, Project Management, and suppliers.
• Strong Excel skills and digital/tool proficiency; experience with TcPCM, aPriori, NX, or similar tools is a plus. Knowledge of advanced data management and multilinear performance pricing (MLPP) is an advantage.
• Understanding of manufacturing and integration processes to assess feasibility, cost drivers, and supplier capabilities.
• International mindset, willingness to travel, and fluency in English; experience working in multicultural environments.

Siemens Energy India Limited (SEIL) has been a strategic partner in India for more than 100 years and is focused on being the most-valued energy technology company. Our large footprint spread across the entire region (India, Sri Lanka, Bhutan, Nepal, Maldives) with state-of-the-art facilities and customers installations positively impacts the lives of hundreds of millions of people, helping the countries navigate their energy transition and achieve its net zero targets.

SEIL is a pure play energy technology company, offering a comprehensive portfolio of products, solutions, and services designed to support our customers along the entire energy value chain to go through their energy transition journey and achieve their net zero targets. Our portfolio offering includes low to zero emissions power generation, power transmission and storage, and decarbonization of the industry. More information on: www.siemens-energy-india.com

Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo