Cost and Value Engineering Professional

Siemens; Peachtree Corners (GA); On-site; USD 91,000 - 157,000; Full time

Job summary

Siemens is seeking a Cost and Value Engineer for a role based at a Siemens Smart Infrastructure location in the United States. You will drive cost and value initiatives across engineering, procurement, and product teams to optimize design-to-cost decisions.

The position emphasizes data-driven decision making, bottom-up cost modeling, supplier collaboration, and the deployment of AI-based solutions to automate workflows and improve profitability.

Qualifications

• Bachelor’s degree in Engineering, Supply Chain, Business, or a related field.
• 7+ years of cost engineering, strategic procurement, or manufacturing experience.
• Data-driven decision making using analytics and digital costing tools.
• Willingness to travel up to 25% domestically and internationally.

Responsibilities

• Drive cost and value engineering initiatives to deliver measurable savings.
• Perform bottom-up cost modeling across systems and components.
• Lead cross-functional collaboration with R&D, procurement, manufacturing, and quality.
• Identify cost reduction opportunities aligned to product roadmaps.
• Facilitate cost optimization workshops, benchmarking, and supplier innovations.
• Develop CVE methods, tools, and AI-driven solutions to automate workflows.

Skills

Cost engineering

Strategic procurement

Supply chain

Data analytics / AI modeling

Digital costing tools

Cross-functional leadership

Travel up to 25%

Education

Bachelor's degree in Engineering, Supply Chain, Business or related field

Advanced degree (MBA / MS)

Tools

Teamcenter Product Cost Management

aPriori

Digital costing tools

Job description

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrives is if our people are thriving. That's why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you?

Transform the everyday with us.

We are looking for a Cost and Value Engineer. This position will be based at a Siemens Smart Infrastructure location in the United States.

Cost and Value Engineering (CVE) plays a critical role in increasing product competitiveness and profitability by driving cost optimization, design-to-value initiatives, and supplier productivity improvements. In this role, you will collaborate across engineering, procurement, and product teams to influence product design and sourcing strategies. You will also strengthen global CVE capabilities while delivering measurable business and financial impact.

You'll make a difference by:

• Driving cost and value engineering initiatives using cost analysis, target costing, and design-to-value strategies to deliver measurable savings
• Performing bottom-up cost modeling and analysis to identify cost drivers across systems, subsystems, and components
• Leading cross-functional collaboration with R&D, procurement, manufacturing, and quality teams to influence product design and sourcing decisions
• Identifying cost reduction opportunities and developing actionable strategies aligned to business objectives and product roadmaps
• Facilitating cost optimization workshops, benchmarking activities, and supplier innovation initiatives across global teams
• Developing and enhancing CVE methods, tools, and best practices to expand organizational capabilities and knowledge sharing
• Developing and deploying AI-driven solutions, analytics tools, and digital applications to automate workflows, enhance data insights, and support cost optimization and engineering decision-making

You'll win us over by having the following qualifications:

Basic Qualifications:

• Bachelor's degree in Engineering, Supply Chain, Business, or a related field
• 7+ years of experience with the following:
  • Cost engineering, strategic procurement, supply chain, or manufacturing environments including cost modeling tools such as Teamcenter Product Cost Management, aPriori, or similar solutions
  • Engineering knowledge across components and materials including electronics, machined parts, casting, plastics, cables, and connectors
  • Cross-functional project leadership including cost reduction initiatives, design-to-cost programs, and supplier collaboration
  • Data-driven decision making using advanced analytics, AI-driven modeling, and digital costing tools to identify cost drivers and optimize sourcing strategies
  • Experience developing and deploying AI-based solutions, tools, or applications to automate workflows, enhance data visualization, and support engineering and business decision-making
• Ability and willingness to travel domestically and internationally up to 25%
• Legally authorized to work in the United States on a continual and permanent basis without company sponsorship.

Preferred Qualifications:

• Advanced degree in Engineering, Business, or Supply Chain Management
• Experience leveraging AI, predictive analytics, or digital engineering tools to improve cost optimization and operational decision-making
• Experience building automation tools, digital platforms, or web-based applications to enhance engineering or business workflows
• Knowledge of low and medium voltage systems, components, and manufacturing processes
• Experience working in a global, cross-cultural environment; additional language skills such as Spanish or German are a plus

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