Principal Product Value Engineer

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.

• 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.