Procurement Engineer Cost Value Engineering
This Procurement Engineer role at Siemens focuses on cost and value engineering for the industrial steam turbine portfolio. You will drive cost-out initiatives, collaborate with cross-functional R&D and manufacturing teams, and leverage supplier innovation to meet competitive market targets. The position requires 5-8 years of experience in energy, engineering, or supply chain, with specific product knowledge in steam turbines. You will operate as a core team member within global R&D projects to execute sourcing and design-to-cost strategies.
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Experience
5-8 years
Function
Purchasing
Work mode
Onsite, India
Company
Tier 2
What you will work on
This Procurement Engineer role at Siemens focuses on cost and value engineering for the industrial steam turbine portfolio. You will drive cost-out initiatives, collaborate with cross-functional R&D and manufacturing teams, and leverage supplier innovation to meet competitive market targets. The position requires 5-8 years of experience in energy, engineering, or supply chain, with specific product knowledge in steam turbines. You will operate as a core team member within global R&D projects to execute sourcing and design-to-cost strategies.
TAL's take
Stable role at a well-regarded industrial global firm with clear focus on cost optimization and R&D integration.
Role responsibilities are clearly defined around cost/value engineering for steam turbines, though specific technical stack tech is absent.
Salaries at Siemens
19.3 LPA average
Based on 344 Grapevine salary entries for Siemens.
Design
0 - 2 years | Level 1 ( one to three years experience)
7 LPA average
Range: 7 - 7 LPA
Engineering
0 - 2 years | Level 1 ( one to three years experience)
8 LPA average
Range: 5 - 18 LPA
Other roles
0 - 2 years | Level 1 ( one to three years experience)
10 LPA average
Range: 3 - 16 LPA
Engineering
2 - 4 years | 11
16 LPA average
Range: 5 - 30 LPA
Must haves
- Bachelor's degree in technical or commercial field
- 5 to 8 years experience in energy, engineering, R&D, or supply chain
- Relevant technical product knowledge in industrial steam turbines
- Excellent project management and communication skills
About the company
Established global engineering conglomerate with significant industrial presence.
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