VAVE Project Manager

Responsibilities

• Lead Value Analysis / Value Engineering (VAVE) projects aimed at identifying cost-saving opportunities across product lines while maintaining or enhancing product quality.
• Collaborate closely with cross-functional teams including engineering, procurement, regulatory, manufacturing, and quality to identify, prioritize, and execute VAVE initiatives.
• Utilize project management best practices to develop comprehensive project plans, establish timelines, allocate resources, and track progress towards cost-saving targets.
• Conduct thorough analyses of product designs, manufacturing processes, and supply chain operations to identify opportunities for cost optimization.
• Drive continuous improvement efforts by implementing lean methodologies, process optimizations to achieve cost reduction targets.
• Partner with suppliers to evaluate alternative materials, components, and manufacturing processes that offer cost savings without compromising product quality or performance.
• Lead value engineering workshops and brainstorming sessions to generate innovative ideas for cost reduction and process optimization.
• Collaborate with finance and procurement teams to quantify cost savings, track project ROI, and ensure alignment with overall business objectives.
• Develop and maintain strong relationships with internal stakeholders, suppliers, and external partners to support the successful execution of VAVE projects.
• Communicate project status, risks, and opportunities to senior management, providing regular updates and recommendations for course corrections as needed.
• Effectively use Fortive Business Systems (FBS) tools and processes, such as Visual Project Management, Risk Register, Daily Management, Problem Solving and Kaizen, to accelerate product delivery to the marketplace.
• Exhibit and lead on the “Fortive 9” set of core behaviors :
  Customer-obsessed, Adaptable, Delivers Results, Strategic, Leads with FBS, Innovates for Impact, Inspires, Exhibits Courage, and Builds Extraordinary Teams.

• Bachelor's Degree in technical or technology related field required. Master's Degree preferred.
• 5+ years of experience in project management, preferably in a manufacturing or engineering environment, with a focus on cost reduction initiatives. PMP preferred.
• Minimum of 3 years of related professional experience with process improvement, metrics and project management leveraging continuous improvement tools and processes
• Experience delivering design and non-design changes in a regulated field. Medical device industry experience preferred.
• Strong financial acumen with experience in cost analysis, budget management, and ROI evaluation.
• Proven track record of successfully leading Engineering / Technical projects to deliver on objectives. VAVE / cost reduction experience preferred.
• Demonstrated success in the management of complex projects in Engineering / Technical field.
• Track record of leading others to pursue challenging goals and to challenging the status quo to develop breakthrough solutions.
• Excellent problem-solving skills with the ability to analyze complex data, identify root causes, and develop practical solutions.
• Strong interpersonal and communication skills, with the ability to effectively collaborate with cross-functional teams and influence key stakeholders.
• Familiarity with lean methodologies, value engineering principles, and supplier management practices.
• The ability to set high standards for results (refuse to fail demeanor), and once achieved, raises the standards even higher. Holds people accountable for meeting commitments and getting results.
• Creates an environment that encourages risk-taking and ensures inclusion of varied perspectives.
• Metric driven attitude with high level of accountability for performance.
• Proficiency in project management tools and software.