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Cost and Value Engineer

Company: Siemens Corporation
Location: Palo Alto
Posted on: June 8, 2021

Job Description:

Now's our time to inspire the future of healthcare together.

Siemens Healthineers is a leading global medical technology company with over 170 years of experience and 18,000 patents. More than 48,000 dedicated colleagues in over 70 countries are driven to shape the future of healthcare. We stand with our customers around the world to support them in delivering high quality care to their patients. An estimated 5 million patients across the globe benefit every day from our innovative technologies and services in the areas of diagnostic and therapeutic imaging, laboratory diagnostics and molecular medicine, as well as digital health and enterprise services. This is what truly matters to us.

Join our team now at Siemens Healthineers as Cost and Value Engineer

Position Overview

As a Cost and Value Engineer, you are a technical expert in procurement organization partnering with R&D for cost and value optimization of Siemens Healthineers existing and new products.

This is a role well suited to an ambitious professional, looking for the next step in their career. As a Cost and Value Engineer, you will be responsible for:

  • In your activities you will perform cost analysis for electronic commodity such as printed circuit board assembly (PCBA), power supply and other electronic components
  • You will support our commodity managers in supplier negotiations
  • You will take part at the knowledge exchange with our R&D team to improve our products regarding to Design-for-X (Design for Quality, Cost, Manufacturing, Test, etc.) in electronics and electro-mechanical commodities to achieve our quality and cost targets.

This position may suit you best if you are familiar with what is below, and would like to do develop your career with Healthineers

  • Experience with electronic technology such as surface-mount technology (SMT), through-hole technology (THT) and other latest manufacturing processes of printed circuit board assembly
  • Strong understanding of cost structures and familiar of cost analysis tools and software like Siemens Team Center Product Cost Management (TCPCM) or others
  • Excellent communication and presentation skills with proven capabilities of managing multiple projects
  • International travel experience, intercultural management capabilities and willingness to travel domestically and overseas
  • Proven capabilities in capturing suppler innovation
  • Experience working in Medical Device Industry is a plus.

Required skills to have for the success of this role

  • Bachelor's degree in Electrical Engineering or related in engineering field required
  • Minimum of 5-year experience in engineering and/or procurement
  • Strategic thinking, ability to formulate strategies, with capability and experience in implementing improvement initiatives

At Siemens Healthineers, we value those who dedicate their energy and passion to a greater cause. Our people make us unique as an employer in the med-tech industry. What unites and motivates our global team is the inspiration of our common purpose: To innovate for healthcare, building on our remarkable legacy of pioneering ideas that translate into even better healthcare products and services. We recognize that taking ownership of our work allows both us and the company to grow. We offer you a flexible and dynamic environment and the space to move beyond your comfort zone to grow both personally and professionally.

If you want to join us in transforming the way healthcare is delivered, visit our career site at

If you wish to find out more about the specific before applying, please visit:

As an equal-opportunity employer we are happy to consider applications from individuals with disabilities.


Organization: Siemens Healthineers

Company: Yellowbrick Data, Inc.

Experience Level: Mid-level Professional

Job Type: Full-time

Equal Employment Opportunity Statement

Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

EEO is the Law

Applicants and employees are protected under Federal law from discrimination. To learn more, Click here.

Pay Transparency Non-Discrimination Provision

Siemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here.

California Privacy Notice

California residents have the right to receive additional notices about their personal information. To learn more, click here.

Keywords: Siemens Corporation, Palo Alto , Cost and Value Engineer, Other , Palo Alto, California

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