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Senior Cost Engineering Manager

Job in Hemel Hempstead, Hertfordshire, HP3, England, UK
Listing for: Smiths Group
Full Time position
Listed on 2026-09-12
Job specializations:
  • Supply Chain/Logistics
    Operations Management, Procurement / Purchasing, Supply Chain & Logistics
  • Business
    Operations Management, Supply Chain & Logistics
Job Description & How to Apply Below

This is an opportunity to build and lead one of the most strategically important capabilities within our Global Procurement organisation.

Were looking for a commercially astute technically credible and highly influential leader to take ownership of Procurement Value Delivery across the business. This role goes far beyond traditional procurement and sourcing. It is focused on identifying validating and realising sustainable enterprise value through close collaboration with Engineering Operations Supply Chain and our global supplier network.

Internally this role will be called Head of Procurement Value Delivery.

Reporting to the Global Procurement Director you will be responsible for ensuring procurement delivers measurable financial operational and strategic value that is visible in business performance trusted by Finance and embraced by senior leadership.

This is a role for someone who enjoys challenging convention putting structure around complex problems and building new capabilities within a transforming global organisation.

The Role

As Head of Procurement Value Delivery you will act as the bridge between Procurement Engineering and the Supply Base driving disciplined value creation throughout the product lifecycle.

You will own the framework governance analytics and processes that ensure procurement initiatives translate into genuine auditable business results. From New Product Introduction through to product end-of-life management you will ensure value opportunities are identified early validated rigorously and delivered sustainably.

A key focus of the role will be leading cost engineering and value engineering activities leveraging should-cost methodologies benchmark data and market intelligence to optimise product and supply chain decisions.

You will also lead a team of specialists responsible for delivering insight governance and value realisation across the enterprise.

This role will include extensive International travel you should expect up to 60%. We can only accept applications from candidates eligible to obtain UK SC Clearance.

What you will be be doing:

Value Delivery Leadership:

  • Develop and own the global Procurement Value Delivery framework.
  • Establish robust methodologies for value identification validation tracking and realisation.
  • Create governance processes that ensure procurement benefits are credible auditable and sustainable.
  • Lead value assurance reviews and stakeholder governance forums.
  • Drive a culture of accountability and transparency around value delivery.

Cost Engineering and Value Engineering:

  • Lead advanced cost engineering and should-cost activities across products and commodities.
  • Partner with Engineering to drive Design-to-Cost and Value Analysis/Value Engineering initiatives.
  • Support sourcing strategies through benchmarking modelling and market intelligence.
  • Challenge cost assumptions and identify opportunities throughout the product lifecycle.
  • Drive value creation through product design manufacturing optimisation and supply chain improvement.

New Product Introduction and Lifecycle Management:

  • Serve as Procurements lead for New Product Introduction activities.
  • Ensure cost competitiveness and value optimisation are embedded early in product development.
  • Lead Procurements involvement in End-of-Life planning and execution.
  • Partner with Engineering to proactively manage component obsolescence and supply chain risk.

Analytics and Performance:

  • Develop procurement value KPIs dashboards and executive reporting.
  • Track realised savings and benefits against budgets forecasts and financial outcomes.
  • Deliver advanced analytics including demand analysis opportunity assessment and should-cost modelling.
  • Provide insight and challenge to category and sourcing strategies.

Stakeholder Management:

  • Part…
Position Requirements
10+ Years work experience
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