Senior Cost Value Engineer

Quest Global; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Quest Global in Bengaluru seeks a Cost Value Engineering Expert for the Gas & Steam turbine components to lead cost transparency and should-cost initiatives across externally purchased materials.

You will collaborate with cross-functional teams and suppliers to optimize costs, drive standardization, and deliver value through DtC and VA/VE methodologies in a dynamic energy engineering environment.

Qualifications

• Bachelor’s degree in a technical or commercial field; energy domain preferred.
• Experience with cost analysis and supplier negotiations.
• Knowledge of design to cost (DtC) and VA/VE is a plus.
• Strong communication and global cross-functional collaboration.

Responsibilities

• Drive cost transparency for gas and steam turbine components.
• Lead should-cost development and cost optimization initiatives.
• Collaborate with CM and EN to align on commodity strategy.
• Engage suppliers to improve processes and negotiate favorable terms.
• Analyze supplier cost structures and identify bundle opportunities.
• Develop cost-out measures with cross-functional teams.

Skills

Cost analysis

TcPCM

Supplier collaboration

Cross-functional teamwork

Cost-out initiatives

Education

Bachelor’s degree or higher in technical/commercial field

Tools

TcPCM software

Job description

Job Requirements

At Quest Global, it’s not only our actions but also our approach and motivation that sets us apart. With a rich history of 25 years as a provider of engineering services, we believe in the transformative power of innovation to achieve the seemingly impossible. Our team is motivated by the aspiration to create a positive impact on the world—to contribute to a better future. We unite various technologies and sectors, harnessing the diverse talents of individuals who are empowered by a purpose-driven work environment, to enhance problem-solving efficiency and effectiveness.

Job Requirements

At Quest Global, it’s not only our actions but also our approach and motivation that sets us apart. With a rich history of 25 years as a provider of engineering services, we believe in the transformative power of innovation to achieve the seemingly impossible. Our team is motivated by the aspiration to create a positive impact on the world—to contribute to a better future. We unite various technologies and sectors, harnessing the diverse talents of individuals who are empowered by a purpose-driven work environment, to enhance problem-solving efficiency and effectiveness.

A Snapshot of Your Day

The Cost Value Engineering (CVE) function is the driver of cost transparency and optimization for externally purchased materials, components, and systems in the Power generation product portfolio. As a Cost Value Engineering Expert for the Gas & Steam turbine components you will lead a diverse range of projects and initiatives, from generating cost transparency, definition of should cost and idea generation to optimization cost position, together with our interdisciplinary teams and external suppliers. You will be an active member of our commodity circles, aligning cross-functional on the priorities and activities needed to implement our commodity specific strategy.

How You’ll Make An Impact

• Act as a team member CVE and Procurement collaborating closely to gain cost transparency and foster close cooperation between Commodity Management (CM) and Engineering (EN), acting as a unified team to achieve common goals.
• Engage closely with suppliers to understand their strengths and weaknesses, facilitating informed decision-making; Collaborate with suppliers to improve their processes and enhance cost efficiency; Utilize theoretical Cost Structure Analysis (CSA) to negotiate and align with suppliers’ individual situations.
• Understand and actively support the Commodity/Supplier Strategy, ensuring alignment with organizational objectives; Ensure cost transparency aligns with the planned negotiation of commodities to optimize resource allocation.
• Conduct detailed analysis of supplier-specific cost structures to identify opportunities for cost reduction; Assess scaling effects on bundling at suppliers to drive standardization and efficiency.
• Develop and implement effective cost-out measures in close alignment with cross-functional teams (e.g., R&D, Engineering, Procurement, Manufacturing).
• Applying and sharing of your knowledge on manufacturing processes and materials on the Acoustics commodity (mainly Air Intake, Enclosure, Diffusor and Stack), which means:
• Large size components and the challenges linked to it
• Steel structures and sheet metals with different material properties / grades
• Welding processes and requirements
• Cost drivers and cost structures of this business

What You Bring

• Bachelor’s degree or higher in a combined technical/commercial field or a technical discipline with long-term professional experience in the Energy business, engineering, R&D, Manufacturing, Project Management, and/or Supply Chain.
• Relevant technical product knowledge in Core Commodities; proficiency in IT tools relevant to cost analysis and engineering, such as TcPCM.
• Experience in gas/ steam turbine and/ or generator core commodities is preferred.
• Experience in system Design to Cost (DtC) and VA/VE in different industries is a plus; Experience in technical and cost optimization for new developments is an advantage
• Strong communication and teamwork skills, with demonstrated experience working in global cross-functional project teams.
• Professional fluency in English and conversational in German would be beneficial