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Value Optimization Analyst

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Date: Sep 20, 2022

Location: Gurgaon, HR, IN, 122002

Company: Corning

Requisition Number: 57389


Corning is vital to progress – in the industries we help shape and in the world we share.

We invent life-changing technologies using materials science. Our scientific and manufacturing expertise, boundless curiosity, and commitment to purposeful invention place us at the center of the way the world interacts, works, learns, and lives.

Our sustained investment in research, development, and invention means we’re always ready to solve the toughest challenges alongside our customers. 

The Global Supply Management (GSM) Function is recognized as a critical function for business success.  It delivers the training, tools and opportunities needed to create innovative solutions for the function & the corporation.  GSM has leading edge, effective processes to anticipate and exceed customer requirements.

Scope of position:

Value Optimization service enables optimal sourcing results by leveraging enhanced cost analytics, spend analytics and data intelligence. The successful candidate must have solid cost analytical skill experience. The candidate should be able to assist Cost Analytics Capability owner under Value Optimization team in creating, collecting and analyzing the cost models and elements for the assigned project and communicating the findings with broader teams effectively. The candidate must have an extensive experience in should cost modelling. The scope of the role would be to support various businesses by doing costing of parts which shall facilitate them in better negotiation with the Suppliers


Position Responsibilities:

• Should have experience in the “analytical skills and experience in costing / cost modelling with focus on direct category and MRO category

• Able to do costing across categories- Sheet metal, plastic molding, Aluminum die casting, M/cing, rubber molding, sub-assemblies Key Stakeholders o All businesses, categories leaders and service owners. Required Skills {these are skills that candidate MUST possess}

• Ease in explaining the idea

• Fluent in English

• Results Oriented

• Process Driven

• Strategic thinking and analytical skills

• Tracking Market trends for Raw Materials • Project management; Plan development and execution


Desired Skills {these are skills that would be nice for candidates to possess}

1. Global experience (e.g. working under cross culture, business practices, etc.)

2. Education - B.E/ B.Tech (Mechanical Engineering)

3. Has 5-7 years of experience the major exposure to costing of parts


Soft Skills {Communication/Team/Leadership}

1. Strong work ethic

2. Ability to work in cross culture background

3. Change management skills - ability to establish new approaches and sell ideas

4. Teamwork


Division / Company Marketing Statement:

Global Supply Management (GSM) has played a central role in achieving the corporate fiscal objectives through delivering results on challenging corporate and business savings goals. The GSM Functional Strategy aligns the organization with businesses and corporate functional strategies. GSM support for the various functions like BD, Finance, and HR is a critical part of the mission. This is a very dynamic and challenging arena with opportunities to significantly impact Corning through identifying and executing cost reduction / avoidance opportunities, maximizing total value and minimizing risk. The breadth of this position also provides opportunities to develop and enhance a wide spectrum of procurement skills. Travel Requirements: 5% (intra-Asia and international) (Please note if international)