30+ days ago - req11178

Value Engineer

Research & development

Other technical job categories

In a nutshell


Veldhoven, Netherlands


Research & development


3-7 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 the position of value engineer might be what you are looking for.

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 in the development process.

Job Description

The value engineer is an expert for cost and value 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 value 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


  • Familiar 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

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;
  • Speak up person that connects;
  • Personal engagement, customer orientation, empathy, excellent communication skills, pioneering spirit and assertiveness;
  • Creative, conceptual, optimistic.

Other information

ASML creates the conditions that enable you to realize your full potential. We provide state-of-the-art facilities, opportunities to develop your talents, international career opportunities, a stimulating and inspiring environment, and most of all, the commitment of a company that recognizes and rewards outstanding performance.

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