Value Engineering Lead

AMETEK; ಮಹದೇವಪುರ; On-site; INR 8,451,000 - 12,207,000; Full time

Job summary

AMETEK Level Measurement Solutions seeks a motivated VA/VE Engineer to lead cost-reduction initiatives across a global portfolio of instrumentation products. The role emphasizes design-for-manufacturing, material optimization, and simplified architectures while preserving performance and compliance.

You will partner with mechanical, electrical, firmware, and software teams to drive redesigns, validate savings, and ensure project success through lifecycle stages.

Qualifications

• Bachelor's degree in Mechanical Engineering, Industrial Engineering, or related technical discipline.
• 5+ years of engineering experience in product development, manufacturing engineering, sustaining engineering, or value engineering.
• Strong understanding of industrial product design and manufacturing processes.
• Experience interpreting engineering drawings, schematics, and BOM structures.
• Strong analytical and problem-solving skills.
• Experience working with ERP and PLM systems.
• Excellent communication and collaboration skills.

Responsibilities

• Lead value engineering initiatives across existing product lines to improve gross margin and profitability.
• Develop and maintain a pipeline of validated cost-reduction projects aligned with annual business objectives.
• Quantify projected and realized savings and provide regular progress updates to management.
• Support strategic margin improvement programs across multiple product families.
• Analyze product designs, BOMs, assemblies, and drawings to identify opportunities for material optimization and standardization.
• Apply DFM and DFA principles to reduce product cost.
• Partner with cross-functional engineers to implement design improvements.
• Drive redesign projects that maintain performance while reducing lifecycle costs.
• Work with global teams to identify labor reduction and productivity opportunities.
• Develop business cases and monitor savings after implementation.

Skills

5+ years exp

ERP/PLM

DFM/DFA

Communication

Education

Bachelors in Mechanical/Industrial Eng

Tools

ERP

PLM

Job description

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Business Unit: Level Measurement Solutions

Job Description

AMETEK Level Measurement Solutions (LMS) is seeking a highly motivated Value Engineering (VA/VE) Engineer to drive product cost reduction initiatives across a global portfolio of industrial instrumentation products. This role will focus on engineering-led cost optimization through design improvements, material optimization, manufacturability enhancements, and product architecture simplification while maintaining product performance, quality, reliability, and regulatory compliance.

The successful candidate will work closely with engineering, operations, manufacturing, quality, and product management teams to identify, evaluate, and implement sustainable cost-saving opportunities throughout the product lifecycle.

KEY RESPONSIBILITIES

Cost Reduction Leadership

• Lead value engineering initiatives across existing product lines to improve gross margin and profitability.
• Develop and maintain a pipeline of validated cost-reduction projects aligned with annual business objectives.
• Quantify projected and realized savings and provide regular progress updates to management.
• Support strategic margin improvement programs across multiple product families.

Design-Based Value Engineering

• Analyze product designs, BOMs, assemblies, and drawings to identify opportunities for material optimization, component standardization, part count reduction, design change, manufacturer change and/or manufacturing efficiency improvements.
• Apply Design for Manufacturing (DFM) and Design for Assembly (DFA) principles to reduce product cost.
• Partner with mechanical, electrical, firmware, and software engineers to implement design improvements.
• Drive redesign projects that maintain or improve performance while reducing overall lifecycle costs.

Cross-Functional Collaboration

• Work closely with global engineering teams in the US, Europe, Mexico, and India.
• Collaborate with operations and manufacturing teams to identify labor reduction and productivity opportunities.
• Support product rationalization and platform standardization strategies.
• Participate in product design reviews and provide value engineering recommendations during development.

Business Analysis

• Conduct cost-benefit analyses and develop business cases for proposed changes.
• Evaluate manufacturing and assembly costs to identify improvement opportunities.
• Monitor implementation effectiveness and verify realized savings.
• Develop metrics and dashboards to track VA/VE performance.

QUALIFICATIONS

Required

• Bachelor's degree in Mechanical Engineering, Industrial Engineering, or related technical discipline.
• 5+ years of engineering experience in product development, manufacturing engineering, sustaining engineering, or value engineering.
• Strong understanding of industrial product design and manufacturing processes.
• Experience interpreting engineering drawings, schematics, and BOM structures.
• Strong analytical and problem-solving skills.
• Experience working with ERP and PLM systems.
• Excellent communication and collaboration skills.

Preferred

• Experience with industrial instrumentation, sensors, transmitters, automation products, or process measurement equipment.
• Knowledge of PCB assemblies, electromechanical systems, castings, machined components, plastic parts, and sheet metal fabrication.
• Familiarity with Design for Manufacturing (DFM) and Design for Assembly (DFA) methodologies.
• Experience supporting global engineering organizations.
• Lean Manufacturing or Six Sigma certification is a plus.

Compensation

Currency: USD

Salary Minimum: Market

Salary Maximum: Market

Incentive: Market

Disclaimer: Where a specific pay range is noted, it is a good faith estimate at the time of this posting. The actual salary offered will be based on experience, skills, qualifications, market / business considerations, and geographic location.

AMETEK, Inc. is a leading global provider of industrial technology solutions servinga diverse set of attractive niche markets with annual sales over $7.5billion.

AMETEK is committed to making a safer, sustainable, and more productive world a reality. We use differentiated technology solutions to solve our customers’ most complex challenges. We employ 22,000 colleagues, in 35countries, that are grounded by our core values: Ethics and Integrity, Respect for the Individual,Inclusion, Teamwork, and Social Responsibility. AMETEKisa component of the S&P 500. Visit https://www.ametek.com/careers for more information.