Project Lead (f/m/d) Cost & Value Engineering for bottom up cost calculation & Benchmarking

• Job ID: 515158
• Posted since: 24-Jul-2026
• Organization: Smart Infrastructure
• Field of work: SCM-Procurement / Supply Chain Logistics
• Company: Siemens AG
• Experience level: Experienced Professional
• Job type: Full-time
• Work mode: Hybrid (Remote/Office)
• Employment type: Permanent
• Location(s): Erlangen - - Germany

Create more value with less cost – shape the products of tomorrow with us.

In a world of increasingly complex and cost-driven product life cycles, you take on the challenge of enhancing the value of our products while systematically reducing costs. Your technical expertise, analytical mindset, and collaborative spirit make you a key driver of innovation and efficiency across global projects.

What we offer you

• An attractive remuneration package
• Access to Siemens share plans
• 30 days of paid vacation and a variety of flexible work schedules that allow time off for you and your family
• 2 to 3 days of mobile working per week as a global standard
• Flexible training opportunities for both your professional and personal development that you can tailor to your interests

Since each of over 300,000 team members feels that other benefits are particularly important, and we cannot list our entire benefit portfolio here, you can find more information here.

The individual benefits are subject to regulatory, contractual, or corporate conditions.

You’ll make an impact by

• Lead complex projects like Benchmarks: You lead ambitious Cost and Value Engineering (CVE) projects on a global level for our Siemens Business Units and cross functions, establish full cost transparency, align it with specifications and requirements, and identify optimization opportunities
• Cost and Value Analysis: Applying bottom-up costing methods, you define target and reference costs, develop cost models, and evaluate alternative technical solutions for cost efficiency
• Teamwork: Close collaboration with internal customers, production sites, and suppliers ensures that you deliver measurable results and tangible value
• You are supported by a global CVE network and the cross-functional teams of our clients

Your defining qualities

• Education
• You hold a master’s degree in Electrical Engineering, Mechanical Engineering, Industrial Engineering, Manufacturing, or a comparable technical discipline
• Experience & Skills
• With a long-term experience in Cost & Value Engineering, PLM consulting, procurement, or design engineering, you bring deep project know-how and a results-oriented mindset
• “bottom up” cost expertise: You have proven expertise in detailed cost calculation for at least one of the following manufacturing technologies:
• Plastics (thermoplastics, thermosets, elastomers)
• Metal parts (stamping, casting, forging, machining)
• Electronics (PCBA, SMD/THT)
• Assembly processes (manual or automated)
• Alternative technologies:
• Methodology competency: You’re proficient in CVE methodologies such as benchmarking, function cost analysis, requirements engineering, and project management
• Technical skills: Strong technical understanding allows you to confidently interpret mechanical drawings, 3D models, and customer specifications
• IT skills: You are skilled in using MS Office (especially Excel and PowerPoint), cost estimation and design tools, and AI-supported work applications
• Product know-how: Broad product and process knowledge in areas like automation, electrical energy distribution, building technology, or electronics manufacturing is highly beneficial
• Personality: You’re an organized, strategic thinker with excellent project and time management skills, combining innovation with a hands-on, entrepreneurial mindset
• Language skills: Fluent English communication skills, both spoken and written, enable you to navigate global collaboration with ease
• Travel capabilities: Occasional travel to customers and suppliers is part of your dynamic and international role

You are much more than your qualifications, and we believe in the potential of every single candidate. We look forward to getting to know you!

Your individual personality and perspective are important to us. We create a working environment that reflects the diversity of the society and support you in your personal and professional development. Let’s get to know your authentic personality and create a better future together with us. As an equal-opportunity employer we are happy to consider applications from individuals with disabilities.

About us

We know that our business thrives only when our people thrive and unlock their full potential. That’s why you are always our top priority. Our global, diverse team is ready to support, challenge, and inspire you, helping you grow in countless ways. Together, we’ll embark on an exciting journey of discovery. Who knows where this path will lead? Join us and take an active role in shaping your future!

www.siemens.de/careers – if you would like to find out more about jobs & careers at Siemens.

FAQ – if you need further information on the application process.