Analyst, Value Analysis & Value Engineering

Analyst, Value Analysis & Value Engineering

Company Description

At Konecranes, we believe that great customer experience is built on the people behind the Konecranes name. Everything we do, we do with passion and drive. We believe diversity drives business success and is the foundation for our growth. We welcome different backgrounds and skills that enrich our community and we promote a place where we can ALL be ourselves. This is what makes Konecranes a unique place to work.

Job Description

We are looking for an enthusiastic and dynamic team player who is passionate about cost optimization and engineering excellence. The ideal candidate will contribute their expertise in VAVE methodology, Should Costing, Product Teardowns, and Data Analysis, while collaborating with cross-functional teams across global projects.

This role offers an exciting opportunity to grow in a professional and supportive environment, explore new challenges, and enhance skills under the guidance of experienced professionals.

Key Responsibilities

• Support VAVE initiatives by conducting cost analysis and identifying cost optimization opportunities.
• Perform detailed cost breakdowns of components and assemblies to evaluate cost-saving potential.
• Identify opportunities for cost reduction through design changes, alternative materials, and process improvements.
• Conduct product teardowns and benchmarking studies to compare industry best practices and pricing trends.
• Work closely with engineering, procurement, and suppliers to validate cost structures and suggest improvements.
• Develop cost models and maintain cost databases using Excel, and TC PCM.
• Provide data insights by tracking cost trends and generating reports for decision-making.
• Maintain and update the VAVE savings funnel, ensuring continuous identification of cost-reduction opportunities.
• Assist in preparing presentations and reports, summarizing findings and recommendations for stakeholders.
• Awareness of ISO 14001 & 45001 Standards.

The role is based in our office in SP Infocity, Hadapsar, Pune – but it goes without saying that the hybrid working is a part of our modern ways of working.

Educational Qualification:

Bachelor’s degree in Mechanical or Production Engineering from a reputed university.    

Experience:

• 4-6 years of experience in Value Analysis/Value Engineering (VAVE) and Should Costing.
• Strong background in VAVE methodology, cost assessment, and identifying cost reduction opportunities through design, process, and supply chain optimization.
• Experience working cross-functionally with engineering, procurement and supplier teams.

Skill sets needed:

• Expertise in VAVE methodology – deep understanding of product teardowns, function cost analysis, benchmarking, and cost optimization techniques.
• Extensive experience in cost estimation, VAVE, and Should Costing.
• Proficiency in cost estimation software (e.g., TC PCM) and data analysis tools.
• Hands-on experience with Power BI, Excel (advanced), and data visualization for cost analysis.
• Strong analytical skills to assess supplier cost structures, LPP, identify inefficiencies, and propose design/process improvements.
• Ability to conduct market research, supplier benchmarking, and industry cost comparison.
• Problem-solving mindset and ability to work collaboratively in a cross-functional team environment.

Qualifications

Educational Qualification:

Bachelor’s degree in Mechanical or Production Engineering from a reputed university.    

Experience:

• 4-6 years of experience in Value Analysis/Value Engineering (VAVE) and Should Costing.
• Strong background in VAVE methodology, cost assessment, and identifying cost reduction opportunities through design, process, and supply chain optimization.
• Experience working cross-functionally with engineering, procurement and supplier teams.

Additional Information

What we offer

• As an Analyst - VAVE, you will be part of a dynamic and collaborative team focused on driving value engineering and cost optimization across global product lines. You will be working closely with in a cross-functional environment and, based on your performance, you may be given the opportunity to take ownership of a product group.
• The role offers a strong platform for professional growth, global collaboration, and continuous skill enhancement in an innovation-driven setup.
• As we trust in Winning Together, we offer continuous learning and development which means that you will also get equal opportunities for self-development as a leader.
• Driving for better we offer a flexible & inclusive work environment where you can be yourself and enjoy Work-Life balance.
• We believe Doing the right thing by offering Competitive Salary.

Want to learn more about Konecranes and what your future colleagues have to say?

Interested?

Do you have what it takes, and do you see yourself joining our community and taking a key role in our Analyst, Value Analysis & Value Engineering? If yes, please submit your application with CV as soon as possible, latest by 27.10.2026 via Apply link below.

Konecranes moves what matters. We are a global leader in material handling solutions, serving a broad range of customers across multiple industries. We consistently set the industry benchmark, from everyday improvements to the breakthroughs at moments that matter most, because we know we can always find a safer, more productive and sustainable way. That's why, with 16 000+ professionals in over 50 countries, we are trusted every day to lift, handle and move what the world needs.

Konecranes is committed to ensuring that all employees and job applicants are treated fairly in an environment which is free from any form of discrimination.

Experience Level

Senior Level