30+ days ago - req8979

Value Engineer

Research & Development

Other technical job categories

In a nutshell


Veldhoven, Netherlands


Research & Development


8+ years



Job Category

Other technical job categories




Are you an 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.

Job Mission

Value Engineering is a structured approach to increase ASML profitability by improving the Value of our products for our customers and/or reducing its Cost.

Job Description

The Value Engineer is an expert and partner of Development and Engineering, sourcing and the project teams for cost and RequisitionLocal optimization of products in all phases of their lifecycle.
Main Responsibilities:
- Initiation of Value Engineering workshops and identification of Value – Cost optimization opportunities in cross-functional collaboration with project teams, technical experts, procurement and suppliers
- Leading Value Engineering activitiesfor selected key projects until business case approval
- Supporting Development and Engineering, sourcing and Business Lines in the application of RequisitionLocal and cost optimization methods:
during the product design phase / during other phases of the product lifecycle
in cross-functional workshops including suppliers
via training on Value Engineering methodologies
- Maintain network with internal and external partners


- Master in Mechanical Engineering, Electronic Engineering, Mechatronics, Industrial Engineering or similar


From External:
- Minimum 5 years’ experience in product architecture, product design and industrialization
- Experience in cost structure analysis, product cost optimization, cost driver analysis and target costing
- Being familiar with Value Engineering methods and techniques is a must
From Internal ASML:
- Minimum 5 years’ experience in product architecture or product design or industrialization
- Ideally experience in cost structure analysis, product cost optimization, cost driver analysis and target costing
- Ideally familiar with Value Engineering methods and techniques

Personal skills

- Build relationships
- Drive change
- Show cost awareness
- You dare to challenge
- High analytical skills
- Influencing skills towards cross functional partners as well as suppliers.
- Personal engagement, customer orientation, empathy, excellent communication skills, pioneering spirit and assertiveness.

Behavioral preferences:
- Starter
- Creative, Conceptual
- Optimistic

Context of the position

The RequisitionLocal engineer reports to the group lead RequisitionLocal engineering.

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.