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HCLTech

Value Engineering Value Analysis Support Lead

HCLTech

Chennai, Tamil Nadu, India · Tempo pieno

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Esperienza
5–15 yrs
Stipendio
Aperture
1
Pubblicato
4 ore fa
Modalità di lavoro
In ufficio
Istruzione
Diploma/B.E. Mechanical/Production or equivalent engineering
Requisiti di ammissibilità
Candidates holding a Diploma or B.E./B.Tech degree in Production and Industrial Engineering, Mechanical Engineering, or Manufacturing Engineering are eligible to apply.
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Descrizione del lavoro

About the Role

We are looking for a Value Engineering Value Analysis Support Lead to join our mechanical/production domain team in Chennai. This role requires a diploma or engineering degree (B.E./B.Tech) in Mechanical, Production, or equivalent fields, with 5-15 years of relevant experience. The candidate will lead VAVE (Value Analysis/Value Engineering) and cost reduction projects, ensuring high-quality milestone delivery and stakeholder collaboration.

Key Responsibilities

  • Lead and execute projects aimed at cost reduction and optimization under VAVE methodologies.
  • Coordinate with internal teams, external partners, and cross-functional units to ensure project alignment.
  • Participate actively in meetings and reviews, both internal and external.
  • Conduct peer reviews to validate project progress and outputs.
  • Monitor and update project status, addressing critical issues promptly with stakeholders.
  • Ensure successful project closure including customer feedback and acceptance.

Qualifications and Experience

  • Solid understanding or experience with the VAVE methodology.
  • Ability to analyze multi-level costed Bills of Materials (BOM).
  • Conduct detailed physical or digital product teardowns down to child part levels.
  • Comprehend the function, features, and cost implications of parts and sub-assemblies.
  • Facilitate ideation and brainstorming sessions for generating cost-saving proposals.
  • Screen and rank ideas, removing impractical duplicates based on defined criteria.
  • Perform technical assessments involving design, materials, or process modifications.
  • Estimate cost savings and calculate annualized impact for each idea.
  • Prepare business cases including payback periods and return on investment (ROI).
  • Proficient in reading and interpreting 3D models, 2D drawings, and technical documentation.
  • Strong knowledge of design requirements, material selection, and manufacturing processes (sheet metal, casting, machining).
  • Hands-on experience with CAD/design tools related to sheet metal, casting, and machining parts.
  • Advanced skills in Microsoft Excel including data analysis, pivot tables, charts, and lookup functions.
  • Familiarity with analytical tools such as FAST diagrams, functional block diagrams, Pareto charts, and the 5 Whys technique is advantageous.
  • Possession of VAVE training and certification is a plus.

Additional Information

Candidates interested should send their resume including years of experience, notice period, current and expected CTC, current location, and Chennai preference (Yes/No).

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