- Lead Value Analysis/Value Engineering (VAVE) projects aimed at identifying cost-saving opportunities across product lines while maintaining or enhancing product quality.
- Collaborate closely with cross-functional teams including engineering, procurement, regulatory, manufacturing, and quality to identify, prioritize, and execute VAVE initiatives.
- Utilize project management best practices to develop comprehensive project plans, establish timelines, allocate resources, and track progress towards cost-saving targets.
- Conduct thorough analyses of product designs, manufacturing processes, and supply chain operations to identify opportunities for cost optimization.
- Drive continuous improvement efforts by implementing lean methodologies, process optimizations to achieve cost reduction targets.
- Partner with suppliers to evaluate alternative materials, components, and manufacturing processes that offer cost savings without compromising product quality or performance.
- Lead value engineering workshops and brainstorming sessions to generate innovative ideas for cost reduction and process optimization.
- Collaborate with finance and procurement teams to quantify cost savings, track project ROI, and ensure alignment with overall business objectives.
- Develop and maintain strong relationships with internal stakeholders, suppliers, and external partners to support the successful execution of VAVE projects.
- Communicate project status, risks, and opportunities to senior management, providing regular updates and recommendations for course corrections as needed.
- Effectively use Fortive Business Systems (FBS) tools and processes, such as Visual Project Management, Risk Register, Daily Management, Problem Solving and Kaizen, to accelerate product delivery to the marketplace.
- Exhibit and lead on the "Fortive 9" set of core behaviors: Customer-obsessed, Adaptable, Delivers Results, Strategic, Leads with FBS, Innovates for Impact, Inspires, Exhibits Courage, and Builds Extraordinary Teams.
- Bachelor's Degree in technical or technology related field required. Master's Degree preferred.
- 5+ years of experience in project management, preferably in a manufacturing or engineering environment, with a focus on cost reduction initiatives. PMP preferred.
- Minimum of 3 years of related professional experience with process improvement, metrics and project management leveraging continuous improvement tools and processes
- Experience delivering design and non-design changes in a regulated field. Medical device industry experience preferred.
- Strong financial acumen with experience in cost analysis, budget management, and ROI evaluation.
- Proven track record of successfully leading Engineering/Technical projects to deliver on objectives. VAVE/cost reduction experience preferred.
- Demonstrated success in the management of complex projects in Engineering/Technical field.
- Track record of leading others to pursue challenging goals and to challenging the status quo to develop breakthrough solutions.
- Excellent problem-solving skills with the ability to analyze complex data, identify root causes, and develop practical solutions.
- Strong interpersonal and communication skills, with the ability to effectively collaborate with cross-functional teams and influence key stakeholders.
- Familiarity with lean methodologies, value engineering principles, and supplier management practices.
- The ability to set high standards for results (refuse to fail demeanor), and once achieved, raises the standards even higher. Holds people accountable for meeting commitments and getting results.
- Creates an environment that encourages risk-taking and ensures inclusion of varied perspectives.
- Metric driven attitude with high level of accountability for performance.
- Proficiency in project management tools and software.
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Description
Responsibilities
:Our Needs:
