AMETEK Level Measurement Solutions (LMS) is seeking a highly motivated Value Engineering (VA/VE) Engineer to drive product cost reduction initiatives across a global portfolio of industrial instrumentation products. This role will focus on engineering-led cost optimization through design improvements, material optimization, manufacturability enhancements, and product architecture simplification while maintaining product performance, quality, reliability, and regulatory compliance. The successful candidate will work closely with engineering, operations, manufacturing, quality, and product management teams to identify, evaluate, and implement sustainable cost-saving opportunities throughout the product lifecycle.
KEY RESPONSIBILITIES
Cost Reduction Leadership
• Lead value engineering initiatives across existing product lines to improve gross margin and profitability.
• Develop and maintain a pipeline of validated cost-reduction projects aligned with annual business objectives.
• Quantify projected and realized savings and provide regular progress updates to management.
• Support strategic margin improvement programs across multiple product families. Design-Based Value Engineering
• Analyze product designs, BOMs, assemblies, and drawings to identify opportunities for material optimization, component standardization, part count reduction, design change, manufacturer change and/or manufacturing efficiency improvements.
• Apply Design for Manufacturing (DFM) and Design for Assembly (DFA) principles to reduce product cost.
• Partner with mechanical, electrical, firmware, and software engineers to implement design improvements.
• Drive redesign projects that maintain or improve performance while reducing overall lifecycle costs. Cross-Functional Collaboration
• Work closely with global engineering teams in the US, Europe, Mexico, and India.
• Collaborate with operations and manufacturing teams to identify labor reduction and productivity opportunities.
• Support product rationalization and platform standardization strategies.
• Participate in product design reviews and provide value engineering recommendations during development. Business Analysis
• Conduct cost-benefit analyses and develop business cases for proposed changes.
• Evaluate manufacturing and assembly costs to identify improvement opportunities.
• Monitor implementation effectiveness and verify realized savings.
• Develop metrics and dashboards to track VA/VE performance.
QUALIFICATIONS:
Required
• Bachelor's degree in Mechanical Engineering, Industrial Engineering, or related technical discipline.
• 5+ years of engineering experience in product development, manufacturing engineering, sustaining engineering, or value engineering.
• Strong understanding of industrial product design and manufacturing processes.
• Experience interpreting engineering drawings, schematics, and BOM structures.
• Solid analytical and problem-solving skills.
• Experience working with ERP and PLM systems.
• Excellent communication and collaboration skills. Preferred
• Experience with industrial instrumentation, sensors, transmitters, automation products, or process measurement equipment.
• Knowledge of PCB assemblies, electromechanical systems, castings, machined components, plastic parts, and sheet metal fabrication.
• Familiarity with Design for Manufacturing (DFM) and Design for Assembly (DFA) methodologies.
• Experience supporting global engineering organizations.
• Lean Manufacturing or Six Sigma certification is a plus.
📌 Value Engineering Lead (India)
🏢 AMETEK
📍 India