Value Engineer

Value Engineer

Are you an architect or lead engineer with broad interest and technical knowledge, who wants to work and challenge highly technical skilled teams and bring insight in cost structures of our products, then Value Engineering might be something for you.

Introduction to the job

The Value Engineering competence provides a structured approach to increase make ASML’s product affordable while improving profitability by improving the Value of our products and reducing its integral Costs.

The Cost team specifies the total cost of our machines and targets of the value- and cost drivers in cooperation with the sectors within our organization. This will allow us to steer on margin optimization instead of cost reduction only.

The Value Engineer will operate from the Lifecycle cost and Value Management team and be present in projects and programs that require an extra focus on cost because of impact or risk. The Value Engineer will work with product development teams to determine the value and cost drivers, finds improvements, and steers costs towards the targets. The Value Engineer acts as partner in the Development teams (D&E) / Functional clusters and creates an increased cost awareness, sense of urgency and facilitates to drive costs down.

Roles and Responsibilities:

• Deep dives in technical topics, which result in Cost down opportunities
• Support the D&E functional clusters to manage value/cost in their development roadmap
• Supporting D&E, sourcing and Business Lines in the application of value and cost optimization methods: during the product design phase / during other phases of the product lifecycle in cross-functional workshops including suppliers
• Initiation of Value Engineering workshops and activities, identification of Value – Cost optimization opportunities in cross-functional collaboration with project teams, technical experts, procurement and suppliers via training on Value Engineering methodologies
• Maintain network with internal and external partners
• Support the product cost roadmap together with the Cost Architect

Education and Experience

• Master or Bachelor+ in Physics, Mechanical Engineering, Electronic Engineering, Industrial Engineering or similar.
• For this specific vacancy a strong background in Electronics design (power, or signal) is a pre requisite.
• Minimum 5 years’ experience in Product Development, Product architecture and/or industrialization.
• Experience in cost structure analysis, product cost optimization, cost driver analysis and target costing
• Familiar with Value Engineering methods and techniques or eager to learn the VE methods (being coached with the team)
• Affinity with improving the business not only in a technical way, but also an economical way

Personal Skills

• Build relationships, drive changes, and dare to challenge and are persistent
• High analytical skills and influencing skills towards cross functional partners as well as suppliers.
• Personal engagement, customer orientation, empathy, excellent communication skills, pioneering spirit and assertiveness.
• Natural starter, self-starter, Creative, Conceptual and Optimistic

Other information

High quality people are a key asset to our company. To recognize that, we offer highly competitive compensation and benefits packages to attract and retain the very best people and let them share in the success that they build. Our rewards philosophy is to attract and retain specific professional knowledge and competencies within the company by offering a competitive package in local markets where ASML is active.

This position requires access to controlled technology, as defined in the United States Export Administration Regulations (15 C.F.R. § 730, et seq.). Qualified candidates must be legally authorized to access such controlled technology prior to beginning work. Business demands may require ASML to proceed with candidates who are immediately eligible to access controlled technology.

Diversity and inclusion

ASML is an Equal Opportunity Employer that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity. We recognize that diversity and inclusion is a driving force in the success of our company.

About Us

ASML is a leading supplier of lithography equipment, used by the world’s top chipmakers to print microchips that are increasingly powerful, fast and energy efficient. Working at ASML is inspiring, no matter what field you're in. That’s because we push the boundaries of technology: if it’s moving the world forward, chances are, we’re behind it. In fact, we’re probably a part of the electronic device you’re using right now.

We’re a global team of more than 32,000 people from 122 different nationalities and counting. Headquartered in Europe’s top tech hub, the Brainport Eindhoven region in the Netherlands, our operations are spread across Europe, Asia and the US.