Principal Product Value Engineer
Livonia, Germany
Job description
Req ID 20573BR
Job Title Principal Product Value Engineer
Business Unit Automotive Staff - Purchasing
Job Description Primary Responsibilities:
- Identify, develop, and implement Value Analysis/Value Engineering (VA/VE) projects for the braking product line within ZF TRW Active and Passive Safety Technology.
- Generate and develop cost reduction and product value improvement engineering projects.
- Coordinate internal and external resources (internal cross functional team, customers and supplier) for the flawless execution of projects to cost target, on-time delivery, to meet design integrity.
- Manage project approvals within company procedures and ensure proper planning.
- Assist in the definition of project scope and objectives, involving all relevant stakeholders and ensuring technical feasibility.
- Develop detailed project plans to monitor and track progress.
- Use company systems to manage changes to the project scope, project schedule, and project costs using appropriate verification techniques & update management accordingly.
- Measure project performance using appropriate tools and techniques.
- Perform business case and risk management to assess project risks.
- Lead workshops internally and externally to generate competitive benchmarking and cost reduction ideas.
- Strong contribution to the development and fulfillment of the product line’s annual operating plan savings target is important.
Minimum Requirements:
- Bachelor’s degree in Engineering is required, Mechanical Engineering preferred.
- Minimum of 5 years in automotive or similar industry analyzing and reducing costs.
- Experience with castings is highly preferred.
- A balanced and solid background of engineering, manufacturing and business.
- Proven working experience in project management in the manufacturing sector.
- PMP certification is a plus.
- Travel 10% to support workshops and supplier visits.
Experience and Skill Requirements 5+ years of related experience
Position Status Salaried Full-Time
Diversity Equal Employment Opportunity/Affirmative Action Employer M/F/Disability/Veteran Equal Employment Opportunity/Affirmative Action Employer M/F/D/V
City Livonia