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Engineer - Should cost/Value Engineer

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Gurugram, 122001, IN
Job details
Work flexibility: Hybrid or Onsite Req ID: R536159 Employee type: Full Time Job category: Engineering Travel: 10% Relocation: Yes

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Why join Stryker?

Looking for a place that values your unique talents? Discover Stryker's award-winning culture.

We are proud to offer you our total rewards package which includes bonuses, healthcare, insurance benefits, retirement programs, wellness programs, as well as service and performance awards – not to mention various social and recreational activities, all of which are location specific.

Job description

What you will do:
 

  • Good understanding of manufacturing processes and design of electrical/mechanical parts for driving evaluation of cost.
  • Understanding of electrical/metals/plastics/additive manufacturing processes and cost derivatives.
  • 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).


What you will need-

Required:

  • Engineering degree (or equivalent knowledge). 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.

Preferred:

  • 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.

Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program.

Financial benefits include:Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance.

Stryker offers innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.

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