Value Engineer

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Veldhoven
In-Office
Semiconductor
The Role

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, than 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 Engineerwill 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 presistent
  • 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.
Please note that the recruitment process will consist of 2 interviews

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.

Need to know more about applying for a job at ASML? Read our frequently asked questions.

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The Company
HQ: Veldhoven
34,760 Employees
Year Founded: 1984

What We Do

ASML is a high-tech company, headquartered in the Netherlands. We manufacture the complex lithography machines that chipmakers use to produce integrated circuits, or computer chips. Over 30 years, we have grown from a small startup into a multinational company with over 60 locations across Europe, Asia and the US.

Behind ASML’s innovations are engineers who think ahead. The people who work at our company include some of the most creative minds in physics, electrical engineering, mathematics, chemistry, mechatronics, optics, mechanical engineering, computer science and software engineering.

Because ASML spends more than €2 billion per year on R&D, our teams have the freedom, support and resources to experiment, test and push the boundaries of technology. They work in close-knit, multidisciplinary teams, listening to and learning from each other.

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