Engineer - Should Cost/Value Engineer

Job description

Work Flexibility: Onsite What you will do: • Good understanding of manufacturing processes and design of mechanical parts for driving evaluation of cost. • Understanding of metals/plastics/additive manufacturing processes and cost derivatives. • Good knowledge of manufacturing processes, materials, product, and process design. • Understands Should Costing, Zero based, parametric cost modelling and cost benchmarking. • Learn and practice use of value engineering tools/Analysis and templates to drive consistency across all efforts and produce outputs throughout the agile cost sprint execution. • Liaise with various functional stakeholders to get inputs into building should cost models. • Implementing Value Engineering activities for cost reduction/optimization using DFM/A tool. • Developing cost models for different unconventional manufacturing setups for quick cost reference using costing tool/software. • Closely working with stakeholders in presenting the project insights in the form of Microsoft PPT in a simple & effective manner to support supplier negotiations & guide them in taking critical business decisions. • Tear down of different commodity products, identifying material & manufacturing process, BOM creation. • Must be able to read and interpret complex engineering drawings and have the ability to understand geometrical dimensioning and tolerancing (GD&T). • design, develop, modify, and verify mechanical components for medical devices • Assist with prototyping and bench testing • Support problem solving, root cause analysis, identify potential solutions, and evaluate them against requirement • Understand the product’s intended use and clinical procedures • Understand fundamental industry standards, design requirements and test strategies which align with regulatory requirements • With supervision, create or refine engineering documentation, such as the Design History file per company design control procedures • Learn R&D procedures like design controls and risk management, per the Quality Management System • With supervision, work with R&D, Quality, Manufacturing, Regulatory, Clinical, Marketing and Project Management to ensure project success • Learn procedures, policies, processes, systems, and technology required • Work on problems in limited scope; purposefully learn while gaining experience What you will need: Minimum Qualifications (Required): • Engineering degree (or equivalent knowledge) with 3+ years of experience as minimum/ good professional expertise. • Expected to work independently with minimum supervision. • Professional knowledge and proven track record of putting it into practice to work cooperatively to ensure project success. • Self-starter with demonstrated efficient work methods, analytical & problem-solving skills and ability to handle multiple tasks in a fast-paced environment. • The individual should enjoy working in a fast paced, dynamic and results orientated team environment. • Excellent Interpersonal Skills - able to express ideas and collaborate effectively with multidisciplinary teams. • Innovative thinker - should be able to envisage new and better ways of doing things. • Excellent analytical skills, ability to plan, organise and implement concurrent tasks. • Experience in an FDA regulated or regulated industry beneficial. • High level of PC Skills required. • Fundamental knowledge and understanding of mechanical engineering practices and tools, design principles within a regulated environment. • Basic knowledge of design and concept generation CAD or CAE modeling tools • Basic knowledge of analysis tools and statistical methods • Basic knowledge of materials and manufacturing methods • Ability to read and Interpret complex drawings Travel Percentage: 10%