HCL Hiring VAVE (Value Engineering Value Analysis) Support Lead.

Location: Chennai

Domain : Mechanical/Production

Qualification: Diploma/B.E. Mechanical/Production or Equivalent engineering

Experience: 5-15 Years

Job Description in Detail:
- Execute VAVE/Cost Reduction/Cost Optimization projects
- Coordinate with internal & external stakeholders & Cross functional teams
- Participate in internal & external meetings and reviews
- Conduct peer reviews
- Ensure milestone deliveries as per project schedule and with quality
- Update project status and any important info/issue to relevant stakeholders in timely manner
- Ensure successful completion of project with customer review and acceptance/feedback

Experience and Skills Required:
- Experience or awareness of VAVE (Value Engg.) methodology
- Product overview and understanding of scope, constraints, expectations, Mfg region, Annual volume etc.
- Costed BOM Analysis (Multi-level BOM)
- Physical/Digital Product Teardown (Stripping down product to lowest level i.e., child-part level)




- Understanding functions of each part/sub-assembly, features and associated costs
- Conduct brainstorming/ideation sessions for generating cost reduction ideas
- Ideas screening and ranking Remove duplicate/impractical ideas and rank remaining ideas on certain parameters
- Technical evaluation of ideas (design/material/process change etc.)
- Cost saving estimation for ideas Savings per part and annualized savings
- Business Case (Payback/ROI)
- Ability to study 3D Models and 2D drawings and other Engg. data
- Ability to study and analyze Design requirements, Materials, Manufacturing Processes and identify Cost drivers
- Hands on Design/CAD experience in parts made by Sheet Metal/Casting/Machining etc.
- Positive understanding about above manufacturing processes
- Good in MS Excel (Data analysis, Charts, Pivot Tables, Vlookup etc.)
- Experience with tools like FAST diagram, functional block diagram, Pareto charts, 5Why technique etc. will b

📌 Value Engineering Value Analysis Support Lead (Chennai)
🏢 HCLTech
📍 Chennai