Senior Cost Savings Specialist

23 hours ago

Singapore beBeeComponentEngineer Full time $80,000 - $120,000

Job Summary:

We are seeking a seasoned professional to join our team as a Component Engineer. In this role, you will be responsible for identifying opportunities to reduce product costs through value engineering and cost savings initiatives.

You will work closely with cross-functional teams to drive the implementation of these projects and ensure timely execution. Additionally, you will handle component changes due to obsolescence or supply shortages, assist in locating alternate sources, and find components substitutions along with qualification strategies.

Key Responsibilities:

  1. Contribute to product cost savings through identification of opportunities including alternates for cost savings during the bid stage, build value engineering project pipeline, and drive multiple VAVE projects in a timely manner to support business goals.
  2. Handle component changes due to obsolescence or supply shortages, locate alternate sources, and find components substitutions along with qualification strategies.
  3. Monitor, identify, and resolve all lifecycle issues and assist various teams to identify appropriate resources and substitutes for components.
  4. Assess quality, reliability, and compatibility of components through testing, analysis, and collaboration with engineering and suppliers.
  5. Analyze and evaluate design for materials, manufacturing process, and supply chain for value analysis/value engineering opportunities.
  6. Coordinate with global and local stakeholders, including suppliers, for project execution, including samples, prototypes, and testing requirements.

Requirements:

  • Minimum degree in Electronics Engineering or other relevant field of studies.
  • At least 3 years of working experience in the EMS or an MNC environment with proven experience in managing suppliers.
  • Strong analysis skills, knowledge in material pricing and strategy.
  • Experience with evaluation and qualification of electrical/electronic components/manufacturers.
  • Proven experience in successful VA/VE proposals.
  • Experience with SAP and Microsoft Office.

What We Offer:

We offer a dynamic and challenging work environment, opportunities for growth and development, and a competitive salary and benefits package.

About Us:

We are a leading [industry] company dedicated to providing innovative solutions to our customers. We are committed to excellence and continuous improvement, and we are seeking talented individuals who share our values.

Contact Information:

Please submit your resume and cover letter to us. Only shortlisted candidates will be notified.

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