Strategic Procurement Professional - Global Cost & Value Engineer

We are looking for a Strategic Procurement Professional - Global Cost & Value Engineer to join our team at Innomotics. 

The Industry-Leader of Motors and Drives

Innomotics is an industry-leading supplier of motors and large drive systems. With a trusted legacy of more than 150 years of engineering expertise, our products power all the world’s most essential industries. Today, we are bringing the #EnergyTransition to life with a portfolio that enables our customers to boost energy efficiency, reduce greenhouse gases, and minimize the carbon footprints of plants.

Our Most Powerful Engine: Our People

We are a team of more than 15,000 dedicated experts, doers, innovators. For us, engineering the future means keeping businesses in motion. As a global player operating with the spirit and speed of a mid-sized champion, the future holds unlimited opportunities for us. If you share our bold mindset to be best-in-class, we want you IN.

Your Future Role

This position is responsible for identifying and implementing cost savings measures during new product development and active production lifecycle stages, supporting mechanical and electrical commodities within Medium Voltage Drives (MVD).  

You will focus on achieving cost visibility, defining target costs, quantifying the total cost of product ownership, and finding cost saving measures including design changes, alternate materials, and process improvements.  

You will have global responsibility, supporting the five Innomotics MVD Factories and three R&D Centers.  

As a Cost & Value Engineer, you will be an active member of the MVD Strategic Procurement and Global Value Sourcing teams, ensuring your goals and targets are aligned with the overall business objectives.  

This high-level individual contributor role requires self-motivation, initiative, and a proactive approach.  

This position is based in New Kensington, PA. Ideal candidate is local to the area and will work a hybrid schedule, but we are open to remote candidates who reside in the Eastern Standard Time Zone and can travel as needed. 

Responsibilities: 

• Responsible for generation of cost visibility at all stages of the product lifecycle - Cost Analysis and Optimization (CAO). 

• Coordinate and collaborate with global cross-functional teams to ensure that Design to Cost (DtC), Design to Value (DtV), and Eco-Robust-Design principles are considered early in the product development phase.  

• Work closely with product designers and engineers to optimize product designs for cost efficiency and sustainability. 

• Challenge requirements and propose design options and changes in system / components architecture (Dtx measures) to R&D and evaluate the related cost impact.  

• Promote and drive Standardization and Harmonization to leverage spend for preferential pricing and terms. 

• Conduct Sprints / workshops for new products to generate design to cost, design to value, robust eco design ideas. 

• Evaluation of new insights and monitor for implementation along with procurement engineers. 

• Provide target cost for new products / components. 

• Conduct competitor analysis for benchmarking design and cost position  

• Ensure supplier early involvement in coordination with procurement engineering (PE) and commodity management (CM), building a cost baseline and supporting in negotiating contracts or material costs. 

• Be an active member of CVE community within Innomotics, finding innovative project solutions and knowledge sharing 

Your Profile

• Bachelor's degree in engineering (Mechanical, Electrical or Industrial) 

• 10+ years long-term relevant working experience in product development, systems engineering, production engineering, procurement engineering or cost and value engineering for electrical and electronics commodities 

• Proven track record in defining and implementing improvement measures 

• Experience handling cost and value engineering activities, worked in manufacturing or process engineering, strategic sourcing, procurement 

• Experience handling electrical commodities like EMS, power semiconductors, passive components, transformers, cables and cable assemblies 

• Experience handling mechanical commodities like cabinets, sheet metal parts, insulation and busbar 

• Knowledge of the Motor/Drives assembly process is a bonus 

The pay range for this position is $87,000 - $149,200. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications, and premium geographic location. 

What’s IN it for you (Our Benefits)

• Competitive compensation based on qualifications
• Medical, dental, prescription and vision coverage, first day of employment
• Matching 401(k) (immediate employer match)
• Competitive paid time off plan, paid holidays, and floating holidays
• Career development opportunities
• Education and tuition reimbursement programs available
• Flexibility to work remote a few days a week
• Paid parental leave

Ready to power the future with us? Join Innomotics and start making a difference now. #TeamInnomotics #JoinReliableMotion

Innomotics is an equal opportunity employer and values diversity. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status or disability status.

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