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    Job · 17897720

    HYDERABAD · FULLTIME

    Lead Should Cost Engineer

    GE Vernova logo

    GE Vernova

    Hyderabad · onsite · Posted 36d ago

    Sourced fromNaukri
    Undisclosed10–15 yrsfulltimeHyderabad

    About a minute. You'll make an account on the way through.

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    Section · 01

    About this role

    Job Description Summary At GE Vernova, we''re pushing the boundaries of what''s possible within gas power generation to help our customers achieve the right balance between power plant performance and environmental sustainability. Our world-class portfolio of gas power systems and services utilizes decades of experience and has expanded across the entire plant.

    Should Cost is a physics-based cost analysis to better understand cost drivers and improve negotiation leverage. Availability of Should cost data helps sourcing make right negotiations with suppliers. The goal of this assignment is to- Estimate should cost of Sourced parts; Gain insights from should cost analysis to deliver cost out benefits partnering with Sourcing P2V teams
    The Lead Engineer will be leading Gas Power Should Cost projects, demonstrate project leadership skills to achieve on time deliverables. In this role you will be working closely with Sourcing, Digital, Mfg engg teams to align Should Cost team efforts with biz priorities contribute to cost out goal.
    Job Description
    Essential responsibilities
    • Own Should Cost Cost out initiatives for Gas Power commodities. Drive execution of Sourcing Should Cost project plan resources timelines, track progress, manage risk, pivot (as required), identify potential opportunities from should cost studies, partner with sourcing to leverage should cost estimates for supplier negotiations track deflation outcomes.
    • Partner with Supply Chain (VPE, Mfg Sourcing ), P2V teams to enable Cost Out and Strategic Sourcing Pillars on Should cost efforts to influence Should Cost Vs Deals review, Make Vs Buy etc...
    • Facilitate brainstorming sessions within the project team to identify cost out opportunities from Should Cost efforts, formulate recommendations partner with P2V teams componentowners to drive value engineering projects.
    • Leverage Digital/AI methodologies to drive process product productivity. Demonstrate exceptional innovational skills with speed.
    • Develop new methodologies/tools to identify cost out opportunities. Establish complete ownership on traditional digital/AI initiatives for the commodity operations.
    • Provide coaching mentoring to the team on Mfg, Cost out processes negotiation dynamics.
    • Work closely with Cost model development program team in providing insights on costing methods improvement validation.
    Qualifications / Requirements
    • Bachelors/Masters degree from an accredited university or college with a minimum of 10 years of experience in should cost
    • A minimum of 5 years of experience inMfg domain, sourcing, experience in supplier negotiations leveraging should cost.
    • Demonstrate expertise on aPriori other should cost modelling tools
    • Demonstrate beginner level awareness python, jupytr and other big data analytics platforms
    • Demonstrate fluency in Microsoft Excel usage to develop cost model templates
    • Demonstrated project leadership and awareness/exposure to LEAN methodologies to achieve program goals
    • Demonstrated ability to lead, mentor and influence customer and peers across cross functional global teams
    • Demonstrated expertise in product cost out, should cost analysis, driving cost out ideas to closure to achieve biz benefits.
    • Demonstrated understanding of the financial impact of technical solutions
    Desired Characteristics
    • Strong oral and written communication skills
    • Strong interpersonal and leadership skills
    • Significant experience with Sourcing Mfg teams
    • Ability to make formal presentations to all levels of the organization, customers and peers
    Additional Information
    Relocation Assistance Provided: Yes

    Sourced from naukri

    Section · 02

    Skills

    CostingPower PlantStrategic SourcingPower generationproject teamanalytics platformspower systemsPhysicsAnalyticsPythonSupply ChainCommunication SkillsoperationsModel DevelopmentBig DataCost AnalysisArtificial Intelligence

    Section · Company

    About GE VERNOVA

    GE Vernova logo

    GE Vernova

    Power

    10k+

    employees

    Cambridge, MA

    US

    About

    Addresses the urgent challenge of decarbonizing commercial aviation, aiming to innovate for a sustainable future in flight.

    Industries

    PowerHardware & NetworkingEngineering & ConstructionOil & GasSoftware ProductIndustrial Automation

    Employee ratings

    1,495 reviews

    4.1/ 5

    Culture

    4.1

    Career growth

    3.3

    Work-life

    4.1

    Employees rate it well for

    Work Culture189Work Life Balance169Job Security148Learning112Senior Management110

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