Position Title:  Manager Value Engineering

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Be a Part of a Revolutionary Change

At Philip Morris International (PMI), we're transforming our business to deliver a smoke-free future. This transformation creates exciting opportunities for talented professionals to innovate, drive change, and make a meaningful impact.

Our Procurement and Operations teams play a critical role in bringing innovative products to market through sustainable, efficient, and cost-effective solutions. If you enjoy combining analytical thinking, business partnership, and continuous improvement, this could be the ideal opportunity for you.

Your Opportunity

Employed by Philip Morris Asia Limited (PMAL), you will support our Electronic Product Development Center (ePDC) in Hong Kong and lead cost engineering initiatives across PMI's electronic product portfolio.

Key Responsibilities

Cost Modelling & Analysis

• Develop target cost models and cost estimates for electronic devices and components.
• Analyze manufacturing processes and cost drivers to identify optimization opportunities.
• Conduct supplier benchmarking and market analysis to support cost reduction initiatives.
• Partner with Product Development, Engineering, Procurement, and Finance teams to evaluate new technologies and component costs.

Value Engineering

• Apply and enhance value engineering methodologies, including digital costing tools and competitor teardown analysis.
• Identify opportunities to improve product value through cost optimization and design improvements.
• Promote value engineering practices across PMI and explore innovative digital tools to increase efficiency and accuracy.

Cost Reporting & Stakeholder Management

• Lead bi-monthly reporting on product costs and cost-saving initiatives for Finance and Management teams.
• Collaborate with Product and Engineering teams to identify and prioritize cost reduction opportunities.
• Build stakeholder alignment and support implementation of approved initiatives.
• Track savings and provide cost insights to support strategic decision-making.

Who We're Looking For

• Bachelor's degree in Supply Chain, Operations, Engineering, Mathematics, Science, Economics, Finance, or a related discipline.
• 8+ years of relevant experience in project management, cost engineering, manufacturing, operations, procurement, finance, or a related field.
• Strong analytical skills with experience in cost modelling, financial analysis, or similar data-driven disciplines.
• Proven ability to lead cross-functional projects in an international environment.
• Understanding of manufacturing processes and key cost drivers.
• Experience in electronics, plastics, consumer products, or contract manufacturing is an advantage.
• Knowledge of value engineering methodologies and cost engineering practices is desirable.
• Advanced Excel skills required; Power BI, Tableau, and project management experience are a plus.
• Innovative, adaptable, customer-focused, and comfortable working in a dynamic multicultural environment.
• Strong verbal and written English communication skills.

What We Offer

At PMI, you'll have the opportunity to:

• Contribute to one of the world's most significant business transformations.
• Work in an inclusive, collaborative, and diverse environment.
• Develop your skills and career within a truly global organization.
• Experiment, innovate, and make a tangible business impact.
• Help deliver our vision of a smoke-free future.

Philip Morris International is an Equal Opportunity Employer.