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Value Engineer

Job Description/Responsibilities

As the global lead of Value Engineering, you will be responsible for driving efforts to identify and evaluate the opportunity costs related to value engineering for raw and packaging materials, while adding value to the product by reducing costs and improving the sustainability footprint. This will be achieved through substituting existing materials with alternative ones, working within the current specification range of materials, using different and new methods of production or application, and potentially changing types of materials. If necessary, you may also revisit brand features. You will oversee these efforts for the complete product portfolio, working with cross-functional stakeholders across the organization and across all operations functions and markets to support the integrated global supply chain.

 

  • Work with site team leads, procurement (global and local), and cross-functional teams to benchmark packaging material specifications and complexity in terms of variants. Consolidate the opportunity cost to provide a comprehensive value picture, ensuring product functionality and quality are preserved with minimal or no impact on the brand and consumers. Following the opportunity cost consolidation, collaborate with each market/site and cross-functional stakeholders to align on the next steps for execution.
  • Ensure the CAPEX budgets are managed effectively, tracked, and reported on throughout the execution of value engineering initiatives.
  • Collaborate with site team leads and cross-functional stakeholders to benchmark the skills needed to execute packaging and complexity reduction initiatives effectively.
  • Conduct an annual idea generation workshop to continuously fill the idea bucket with opportunities for improving team skills and competencies. Provide ongoing training and support to staff on value engineering principles and practices, ensuring alignment with the company’s goals of reducing packaging complexity and optimizing materials without compromising product quality or brand integrity.
  • Work with site teams and global packaging engineers to benchmark packaging material specifications and complexity to ensure that product functionality and quality are maintained, with minimal impact on the brand and consumers. Monitor customer feedback to assess how packaging improvements impact customer satisfaction and adjust packaging material strategies to align with consumer needs while preserving the brand’s reputation. The role ensures that the company consistently delivers world-class customer service by maintaining the highest standards in packaging material quality and efficiency.
  • Lead cost-saving initiatives by collaborating with site teams, procurement (global & local), cross-functional teams to benchmark packaging materials, identify opportunities for cost reduction by simplifying material variants. Work with processing & distillation teams to understand the complexities of raw materials, flavors, and product formulations. Consolidate opportunity costs to drive complexity reduction and deliver savings. Conduct benchmarking and share best practices within and outside the company, ensuring that cost-savings projects are effectively executed. Track the progress and report on the savings achieved from these initiatives.
  • Work with site teams and global packaging engineers to develop execution protocols for the end-to-end implementation of packaging material initiatives, ensuring that material complexity is reduced while maintaining product functionality and quality. Ensure that all operational initiatives align with the company’s standards of excellence, improving efficiency and performance across the business. Collaborate with cross-functional leaders to identify and share best practices, driving operational excellence throughout all packaging processes. Track progress and ensure continuous improvement in all areas of operations.
  • Work with site leads, procurement, and global packaging engineers to develop clear execution protocols for each value engineering initiative, prioritizing the steps to reduce packaging complexity while ensuring the desired product quality and brand integrity. Organize and allocate resources effectively, planning for the smooth execution of each project. Ensure that all tasks and timelines are clearly defined, tracked, and adjusted as necessary to meet deadlines and stay within budget. Maintain coordination with cross-functional teams to ensure seamless implementation of the agreed initiatives.
  • Collaborate with site teams and cross-functional stakeholders to ensure alignment on the key initiatives and next steps for execution. Manage and prioritize the workflow of all related projects, ensuring that key tasks are completed on time and in line with the overall project goals. Ensure that all stakeholders are aligned on project objectives and that tasks are completed efficiently while minimizing packaging material complexity. Track progress and adjust workflows and timelines as necessary, ensuring the successful and timely execution of all tasks and projects.
  • Ensure that safety protocols are followed during the execution of packaging and material handling projects. Work with site teams to assess the safety risks associated with the use of packaging materials and their complexity, especially during the implementation of complexity reduction initiatives. Regularly assess safety practices to ensure a safe working environments and compliance during all stages of the project lifecycle.
  • Ensure that all packaging material initiatives and projects comply with relevant industry standards, regulations, and legal requirements. Work with site teams and global packaging engineers to ensure that packaging material specifications, including complexity reductions, meet both local and international regulatory standards. Provide guidance on regulatory compliance and conduct audits to ensure all projects align with legal and regulatory frameworks.
  • Lead continuous process improvement efforts by identifying areas to reduce complexity, improve efficiency, & lower cost while maintaining product quality & brand integrity. Collaborate with site teams & cross functional stakeholders to assess the current packaging material usage & identify opportunities for improvement. Conduct regular benchmarking to evaluate leading/lagging performance, identify best practices & implement solutions to improve processes. Organize annual idea generation workshops to continuously add to the idea bucket. Track progress, report findings & ensure that improvements are implemented & measured for long term impact.

Qualifications/Requirements

  • Strong planning and organizational skills
  • Ability to communicate with all levels of an org
  • Knowledge of Lean Manufacturing principles
  • Bachelor's Degree
  • Change Management experience
  • Manufacturing systems experience
  • Innovative, analytical, solution-oriented mindset with problem solving and strategic thinking skills to evaluate and provide actionable insights
  • Proficiency in cost analysis and cost optimization strategies, with a focus on maintaining product quality
  • Strong proficiency with systems and data analysis tools.
  • Ability to manage multiple projects at one time
  • 6 years relevant experience (minimum)

PREFERRED

  • Experience in Alcohol Beverage Industry or CPG overall

Physical Requirements

  • Ability to move about to accomplish tasks or moving from one worksite to another
  • Ability to travel up to 50%

#LI-AF2

Min

Max

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Value Engineer, Sazerac Company

Join our team as a Value Engineer in Louisville, where you'll play a pivotal role in driving our value engineering initiatives. In this position at our company, you'll have the opportunity to identify and evaluate the opportunity costs related to raw and packaging materials, while focusing on reducing expenses and enhancing sustainability. Your expertise will help substitute existing materials with cost-effective yet high-quality alternatives, using innovative production methods. Collaborating with cross-functional teams and stakeholders, you'll work on the company's complete product portfolio, ensuring product functionality and quality are preserved with minimal impact on our brand. As you lead cost-saving initiatives, you'll have the chance to shape our packaging strategies and material specifications, while tracking progress and reporting saving results to management. Additionally, you're expected to provide ongoing training and development for your team, creating a culture of continuous improvement. Your strong analytical skills and experience with Lean Manufacturing principles will be essential in managing multiple projects effectively. If you're looking to make a significant impact in the alcohol beverage industry, join us in optimizing our materials and enhancing customer satisfaction while maintaining our commitment to excellence!

Frequently Asked Questions (FAQs) for Value Engineer Role at Sazerac Company
What are the main responsibilities of a Value Engineer at our company?

As a Value Engineer, your primary responsibilities will include driving cost-saving initiatives, managing the evaluation of raw and packaging materials, and collaborating with diverse teams across the organization. You'll benchmark material specifications, identify opportunities for complexity reduction, and ensure that product quality is never compromised. Your role will also focus on maintaining compliance with industry standards and leading workshops to foster innovation within your team.

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What qualifications do I need to become a Value Engineer in Louisville?

To qualify for the Value Engineer position in Louisville, you should have a Bachelor's Degree along with a minimum of six years of relevant experience. Strong planning and organizational skills, knowledge of Lean Manufacturing principles, and proficiency in cost analysis are essential. An innovative and analytical mindset, along with effective communication abilities, will ensure your success in this multifaceted role.

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How does a Value Engineer ensure product quality and brand integrity?

As a Value Engineer at our company, you'll ensure product quality and brand integrity by meticulously evaluating material substitutions and innovative application methods. This involves collaborating closely with site teams and packaging engineers to monitor customer feedback and adjust strategies accordingly, all while upholding the highest standards in packaging material quality and efficiency.

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What tools and skills are beneficial for a Value Engineer in this role?

A Value Engineer will benefit from proficiency in systems and data analysis tools, as managing multiple projects effectively is crucial. Skills in cost analysis and optimization strategies are necessary to maintain product quality while reducing costs. Additionally, experience with change management and manufacturing systems will support your success in executing value engineering initiatives.

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What opportunities for growth exist for Value Engineers at our company?

There are significant opportunities for growth for Value Engineers within our organization. You will have access to ongoing training and development programs, which not only enhance your skills but also help you stay current with industry trends. Additionally, leading initiatives and collaborating with cross-functional teams will expose you to various business operations, allowing for advancement into higher leadership roles.

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Common Interview Questions for Value Engineer
Can you describe your experience with cost analysis and optimization?

In answering this question, highlight specific projects where you used cost analysis to identify savings opportunities while maintaining product quality. Discuss your methodology and any tools you utilized, as well as the outcomes of your initiatives.

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How would you approach a packaging complexity reduction initiative?

To answer this, walk the interviewer through your process, including benchmarking current specifications, collaborating with cross-functional teams, and evaluating customer feedback. Demonstrate your strategic thinking and problem-solving skills.

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What Lean Manufacturing principles have you applied in your previous roles?

Provide examples of how you have applied Lean principles to streamline processes, reduce waste, or improve efficiencies. It's effective to mention specific metrics or improvements resulting from your actions.

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How do you ensure alignment with stakeholders during a project?

Discuss your communication strategies, such as regular updates or meetings with stakeholders to ensure everyone is on the same page. Emphasize your organizational skills and proactive approach in managing workflows.

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Describe a time when you led a successful team initiative?

Share a specific example, detailing the initiative's objectives, the steps you took to lead your team, and the results achieved. Highlight your leadership and teamwork skills.

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How do you monitor the impact of packaging changes on customer satisfaction?

Explain the methods you use to gather customer feedback on packaging changes, such as surveys or market analysis. Highlight any adjustments you made based on this feedback to enhance brand reputation.

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What strategies do you employ to manage multiple projects at once?

You should describe your prioritization methodology, time-management techniques, and any tools that help you keep track of various projects. Stress the importance of clear timelines and resource allocation.

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How do you approach compliance with industry standards and regulations?

Talk about your familiarity with relevant regulations and how you stay updated. Mention experiences where you've ensured compliance in project work and any audits conducted.

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What role does innovation play in the Value Engineering process?

Discuss the importance of innovative thinking in identifying new materials or methods for cost savings. Share any examples of innovative solutions you've developed in previous roles.

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Can you share your approach to continuous improvement in packaging processes?

Outline your commitment to continuous improvement by discussing strategies you've implemented like regular benchmarking, idea generation workshops, and setting measurable goals to track progress.

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DATE POSTED
March 28, 2025

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