Value Engineer

Introduction:

Are you a (junior) architect or lead engineer with broad interest and technical knowledge, who wants to work and challenge highly technical skilled teams and bring insight in cost structures of our products, than Value Engineering  might be something for you.

Mission:

The Value Engineering competence provides a structured approach to increase make ASML’s product affordable for its Customers while improving profitability by improving the Value of our products for our customers and reducing its integral Costs.

The Cost team specifies the total cost of ownership of our machines and targets of the value- and cost drivers in cooperation with the sectors within our organization. This will allow us to steer on margin optimization instead of cost reduction only.

Description:

The Value Engineerwill operate from the Value Management team and be present in projects and programs that require an extra focus on cost because of impact or risk. The Value Engineerwill work with product development teams to determine the value- and cost drivers and from there finds improvements to the modules ofthese costs towards the targets. The Value Engineer should act as partner in the Development teams (D&E) / Functional clusters and create an increased cost awareness, sense of urgency and facilitate to drive costs down.

Main Responsibilities:

• Deep dives in technical topics, which results in Cost down opportunities
• Support the D&E functional clusters to manage value/cost in their development roadmap
• Supporting D&E, sourcing and Business Lines in the application of value and cost optimization methods:
  • during the product design phase / during other phases of the product lifecycle
  • in cross-functional workshops including suppliers
• Leading Value Engineering activities for selected key projects until business case approval
• Initiation of Value Engineering workshops and activities, identification of Value – Cost optimization opportunities in cross-functional collaboration with project teams, technical experts, procurement and suppliers via training on Value Engineering methodologies
• Maintain network with internal and external partners
• Support the product cost roadmap together with the Cost Architect

Education

• Master or Bachelor+ in Physics, Mechanical Engineering, Electronic Engineering, Mechatronics, Industrial Engineering or similar.

• Experience

• Minimum 5 years’ experience in Product Development, Product architecture  and/or industrialization.
• Experience in cost structure analysis, product cost optimization, cost driver analysis and target costing
• Familiar with Value Engineering methods and techniques or eager to learn the VE methods (being coached with the team)
• Affinity with improving the business not only in a technical way, but also an economical way  is a Pre

Personal Skills

• Build relationships
• Drive change
• You dare to challenge and are persistent
• High analytical skills
• Influencing skills towards cross functional partners as well as suppliers.
• Personal engagement, customer orientation, empathy, excellent communication skills, pioneering spirit and assertiveness.

Behavioral preferences:

• Natural starter, self-starter
• Creative, Conceptual
• Optimistic

Diversity and inclusion

ASML is an Equal Opportunity Employer that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity. We recognize that diversity and inclusion is a driving force in the success of our company.

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