Cost and Value Engineering Professional

Overview

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?

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.

• 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

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