Engineer - Should Cost/Value Engineer

Stryker Corporation; Hinoba-an; On-site; Confidential; Full time

Job summary

Stryker Corporation in the Philippines seeks a cost engineering professional to design, develop and verify mechanical components for medical devices. You will create cost models, perform should-cost analyses, and drive value engineering to optimize costs during design and production.

You will collaborate with R&D, Quality, Manufacturing, Regulatory, Marketing, and Project Management, support supplier negotiations, and present insights in PowerPoint to influence critical decisions.

Qualifications

• Engineering degree (or equivalent) with 3+ years of experience.
• Ability to work independently with minimum supervision.
• Strong analytical and problem-solving skills.
• Experience reading complex drawings and GD&T in regulated environments.

Responsibilities

• Design, develop, modify, and verify mechanical components for medical devices.
• Create cost models and conduct should-cost analyses using VE tools.
• Support supplier negotiations with cost insights.
• Collaborate with R&D, Quality, Manufacturing, Regulatory, Marketing and Project Management.
• Prepare and present project insights using PowerPoint.

Skills

Analytical skills

Problem solving

Reading GD&T drawings

Cost modelling

Value engineering

CAD/CAE tools

Cross-functional collaboration

Education

Engineering degree (or equivalent knowledge)

Tools

CAD/CAE modeling tools

Statistical analysis tools

Job description

Work Flexibility: Onsite

What you will do:

Good understanding of manufacturing processes and design of mechanical parts for driving evaluation of cost. Understanding of metals/plastics/additive manufacturing processes and cost derivatives. Good knowledge of manufacturing processes, materials, product, and process design. Understands Should Costing, Zero based, parametric cost modelling and cost benchmarking. Learn and practice use of value engineering tools/Analysis and templates to drive consistency across all efforts and produce outputs throughout the agile cost sprint execution. Liaise with various functional stakeholders to get inputs into building should cost models. Implementing Value Engineering activities for cost reduction/optimization using DFM/A tool. Developing cost models for different unconventional manufacturing setups for quick cost reference using costing tool/software. Closely working with stakeholders in presenting the project insights in the form of Microsoft PPT in a simple & effective manner to support supplier negotiations & guide them in taking critical business decisions. Tear down of different commodity products, identifying material & manufacturing process, BOM creation. Must be able to read and interpret complex engineering drawings and have the ability to understand geometrical dimensioning and tolerancing (GD&T). design, develop, modify, and verify mechanical components for medical devices Assist with prototyping and bench testing Support problem solving, root cause analysis, identify potential solutions, and evaluate them against requirement Understand the product’s intended use and clinical procedures Understand fundamental industry standards, design requirements and test strategies which align with regulatory requirements With supervision, create or refine engineering documentation, such as the Design History file per company design control procedures Learn R&D procedures like design controls and risk management, per the Quality Management System With supervision, work with R&D, Quality, Manufacturing, Regulatory, Clinical, Marketing and Project Management to ensure project success Learn procedures, policies, processes, systems, and technology required Work on problems in limited scope; purposefully learn while gaining experience

What you will need:

Minimum Qualifications (Required): Engineering degree (or equivalent knowledge) with 3+ years of experience as minimum/ good professional expertise. Expected to work independently with minimum supervision. Professional knowledge and proven track record of putting it into practice to work cooperatively to ensure project success. Self-starter with demonstrated efficient work methods, analytical & problem-solving skills and ability to handle multiple tasks in a fast-paced environment. The individual should enjoy working in a fast paced, dynamic and results orientated team environment. Excellent Interpersonal Skills - able to express ideas and collaborate effectively with multidisciplinary teams. Innovative thinker - should be able to envisage new and better ways of doing things. Excellent analytical skills, ability to plan, organise and implement concurrent tasks. Experience in an FDA regulated or regulated industry beneficial. High level of PC Skills required. Fundamental knowledge and understanding of mechanical engineering practices and tools, design principles within a regulated environment. Basic knowledge of design and concept generation CAD or CAE modeling tools Basic knowledge of analysis tools and statistical methods Basic knowledge of materials and manufacturing methods Ability to read and Interpret complex drawings Travel Percentage: 10% Stryker is one of the world’s leading medical technology companies and, together with its customers, is driven to make healthcare better. We offer innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. We are proud to be named one of the World’s Best Workplaces! For more information, visit: www.stryker.com Work Flexibility Remote – Role allows you to work the majority to 100% of time from an alternate workplace. These roles could have travel expectations, and you must work within the country of the job requisition location. Field-based – You can expect to regularly work a majority to 100% of time at customer facilities and has a set territory or expectation to travel within a set boundary. Almost all sales roles would likely be qualified as field-based. Onsite – Role is 100% located at a Stryker facility. Some ad hoc flexibility may be available depending on role, level, and job requirements. Manufacturing roles and any role that requires physical presence at the office would qualify under this category. Hybrid – You can expect to regularly work in both an alternate workplace and a Stryker facility. Roles that are partially remote or co-located would qualify as hybrid, and the expectation to be onsite would be defined and agreed upon by your manager/supervisor.