Note: The job is a remote job and is open to candidates in USA. Westinghouse Electric Company is an innovative leader in providing clean energy solutions. The Principal Supplier Value Engineer will develop should cost estimates for complex nuclear structures and equipment while collaborating with teams to identify cost drivers and reduction opportunities.
Responsibilities
- Gather data from several sources, cleans and amalgamates it
- Use statistical and mathematical modeling and programming skills to analyze large volumes of data. This analysis helps develop libraries of algorithms to predict cost data, including materials, manufacturing operations, test operations, quality management operations, and other processes. These processes are necessary to establish a cost estimate for a variety of nuclear components and services
- Use the cost libraries to build should cost estimates by leading product teams and suppliers to identify the cost driving parameters needed for the cost model
- Support category management and supplier negotiation teams to use should cost analysis in playbook negotiations which will lead to business awards tied to Long-term Agreements (LTA)
- Collaborate with external and your partners to identify component and process cost drivers, establish should cost estimates and identify cost reduction opportunities
- Maintain Should Costing knowledge by researching and tracking industry trends, best practices, applicable indices, and competitive offerings to identify opportunities for innovation, competitive advantage, and increased overall productivity
- Develop a productive working relationship with teams: Engineering, Operations, Quality, and Procurement
- Identify, secure and manage 3rd party suppliers to develop the Should Costing Program
Skills
- Bachelor's degree in engineering
- 10+ years of experience in either should cost estimating, manufacturing process planning, mathematics and statistics
- Master's degree in engineering, Supply Chain Management, Operations Research, or Mathematics and Statistics
- SAVE international certification
Benefits
- Comprehensive Medical benefits which could include medical, dental, vision, prescription coverage and Health Savings Account (HSA) with employer contributions options
- Wellness Programs designed to support employees in maintaining their health and well-being including Employee Assistance Program providing support for our employees and their household members
- 401(k) with Company Match Contributions to support employees' retirement
- Paid Vacations and Company Holidays
- Opportunities for Flexible Work Arrangements to promote work-life balance
- Educational Reimbursement and Comprehensive Career Programs to help employees grow in their careers
- Global Recognition and Service Programs to celebrate employee accomplishments and service
- Employee Referral Program
Company Overview
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