Value Engineer

Research & development

Other technical job categories


Mechanical engineering

In a nutshell


Veldhoven, Netherlands


Research & development

Work Experience

8+ years

Job Category

Other technical job categories, Mechatronics, Mechanical engineering



Job ID: J-00270386-233

Introduction to the job

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, then Value Engineering might be something for you

Role and responsibilities

The Value Engineering competence provides a structured approach to increase ASML’s profitability by improving the Value of our products for our customers and reducing its integral Costs. The Cost team specifies the total cost of ownership of our machines and creates awareness of the value- and cost drivers in cooperation with the sectors within our organization. This will allow us to steer on margin optimization instead of cost reduction only.

The Value Engineer will operate from the Deep UV Cost Team and be present in projects and programs that require an extra focus on cost because of impact or risk. The Value Engineer will work with technical teams to determine actual cost estimates of building blocks, value-based cost improvements and support the Cost Architect in managing these costs towards the targets. Acting as partner in the D&E teams / Functional clusters and create an increased cost awareness, sense of urgency and facilitate to drive costs down.

Main Responsibilities:

  • Deep dives in technical topics,which results in Cost down opportunities
  • Support the D&E functionalclusters to manage value/cost in their development roadmap
  • Supporting Development andEngineering, sourcing and Business Lines in the application of value andcost optimization methods:
    • During the product design phase/ during other phases of the product lifecycle
    • In cross-functional workshopsincluding suppliers
  • Drive for commonality in newproduct introductions.
  • Leading Value Engineeringactivities for selected key projects until business case approval
  • Initiation of Value Engineeringworkshops and activities, identification of Value – Cost optimizationopportunities in cross-functional collaboration with project teams,technical experts, procurement and suppliers via training on Value Engineering methodologies
  • Maintain network with internaland external partners
  • Support the product cost roadmaptogether with the Cost Architect

Education and experience

  • Master or Bachelor+ in Physics,Mechanical Engineering, Electronic Engineering, Mechatronics, IndustrialEngineering or similar.
  • Minimum 5 years’ experience inProduct architecture, Product design or industrialization.
  • Experience in product design
  • Experience in cost structureanalysis, product cost optimization, cost driver analysis and targetcosting
  • Familiar with Value Engineeringmethods and techniques or eager to learn the VE methods.
  • Affinity with costs ispreferred.


Working at the cutting edge of tech, you’ll always have new challenges and new problems to solve – and working together is the only way to do that. You won’t work in a silo. Instead, you’ll be part of a creative, dynamic work environment where you’ll collaborate with supportive colleagues. There is always space for creative and unique points of view. You’ll have the flexibility and trust to choose how best to tackle tasks and solve problems.
To thrive in this job, you’ll need the following skills:

  • Build relationships
  • Drive change
  • You dare to challenge
  • High analytical skills
  • Influencing skills towards crossfunctional partners as well as suppliers.
  • Personal engagement, customerorientation, empathy, excellent communication skills, pioneering spiritand assertiveness.
  • Behavioral preferences:
  • Natural starter
  • Creative, Conceptual
  • Optimistic

Diversity & Inclusion

ASML is an Equal Opportunity Employer that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity. We recognize that diversity and inclusion is a driving force in the success of our company.

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.

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