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 & component owners 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
- Bachelor’s/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 in Mfg 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
Relocation Assistance Provided: Yes
Skills Required
- Bachelor’s or master’s degree from an accredited university or college
- Minimum 10 years of experience in should-cost analysis
- Minimum 5 years of experience in manufacturing, sourcing, and supplier negotiations leveraging should-cost analysis
- Expertise with aPriori and other should-cost modeling tools
- Beginner-level awareness of Python, Jupyter, and other big-data analytics platforms
- Fluency in Microsoft Excel for developing cost-model templates
- Project leadership experience and awareness or exposure to Lean methodologies
- Ability to lead, mentor, and influence customers and peers across cross-functional global teams
- Expertise in product cost-out, should-cost analysis, and driving cost-out ideas to closure
- Understanding of the financial impact of technical solutions
- Strong oral and written communication skills
- Strong interpersonal and leadership skills
- Significant experience with sourcing and manufacturing teams
- Ability to make formal presentations to organizational leaders, customers, and peers
GE Vernova Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about GE Vernova and has not been reviewed or approved by GE Vernova.
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Retirement Support — The 401(k) plan includes company matching contributions and additional company retirement contributions, with access to Fidelity resources and financial planning consultants. Feedback suggests this structure supports long-term savings beyond a basic match.
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Parental & Family Support — Paid parental leave is available with flexible, continuous or non-continuous usage, and is complemented by adoption resources and Work/Life Connections guidance. Maternity leave is described as extended relative to typical workplace norms.
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Leave & Time Off Breadth — Time-off programs include 12 paid holidays, permissive time off for many salaried roles, and dedicated personal, illness, and caregiving time for U.S. new hires. Some hourly roles start with a defined PTO bank, while other roles may offer unlimited time off.
GE Vernova Insights
What We Do
GE Vernova is a planned purpose-built company on a mission to electrify the planet while simultaneously working to decarbonize it. If we want our energy future to be different…we must be different. Our mission is embedded in our name. We retain our treasured legacy, “GE,” in our name as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver. GE Vernova brings together GE’s portfolio of energy businesses including Power, Wind, Electrification and Digital businesses. With focus, GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life. Together, we have The Energy to Change the World.
Why Work With Us
Join our team, to evolve and grow, surrounded by some of the brightest minds in the industry who help you get better every day. You’ll get the chance to rewrite the rules, work on cutting-edge technology, and be part of a global team for positive change.
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