Sr. Analyst - Value Engineering & Should cost

What if the work you did every day could impact the lives of people you know? Or all of humanity?

At Illumina, we are expanding access to genomic technology to realize health equity for billions of people around the world. Our efforts enable life-changing discoveries that are transforming human health through the early detection and diagnosis of diseases and new treatment options for patients.

Working at Illumina means being part of something bigger than yourself. Every person, in every role, has the opportunity to make a difference. Surrounded by extraordinary people, inspiring leaders, and world changing projects, you will do more and become more than you ever thought possible.

Primary Responsibilities

• Lead and support should-cost modeling across key commodity categories: plastics, metals, electronics, and assemblies.
• Develop parametric cost models using tools like aPriori, integrating inputs from BOMs, 3D models, and supplier data.
• Collaborate with cross-functional teams (Engineering, Procurement, Finance) to validate cost inputs and influence sourcing decisions.
• Provide cost transparency and benchmarking insights to support negotiations and design-to-cost initiatives.
• Maintain cost databases and documentation to ensure consistency across global programs.

Tasks and Responsibilities

• Analyze supplier cost structures and prepare detailed cost breakdowns.
• Conduct price variance and cost trend analysis to identify cost-saving opportunities.
• Support NPI projects by aligning cost targets with design and sourcing strategies.
• Assist in supplier workshops and clean-sheet cost discussions.
• Monitor commodity indices and update standard rates in cost models.
• Prepare reports and presentations for sourcing and leadership teams.

Knowledge

• Solid understanding of manufacturing processes:
• Plastics (injection molding, extrusion)
• Metals (machining, stamping, casting)
• Electronics (PCBA, harnesses)
• Assemblies (manual/automated)
• Familiarity with interpreting technical drawings, BOMs, and routings.
• Awareness of global supply chain structures and cost drivers.

Skills and Competencies

• 5+ years of experience in cost engineering, sourcing analytics, or procurement operations in a manufacturing environment.
• Proficiency in Excel (pivot tables, formulas), aPriori, SAP, and PLM/CAD tools (SolidWorks/Creo).
• Strong analytical and data management skills.
• Effective communicator with ability to present cost insights to diverse audiences.
• Experience in supplier benchmarking and parametric modeling.
• Ability to manage multiple priorities independently.
• Willingness to work in shifts (2-11 pm) to support stakeholders in US.

Education and Certifications

• Bachelor’s degree in Engineering (Mechanical or related field) or equivalent technical discipline.
• Lean Six Sigma certification preferred.
• Coursework or certification in cost modeling, procurement analytics, or value engineering is a plus.

We are a company deeply rooted in belonging, promoting an inclusive environment where employees feel valued and empowered to contribute to our mission. Built on a strong foundation, Illumina has always prioritized openness, collaboration, and seeking alternative perspectives to propel innovation in genomics. We are proud to confirm a zero-net gap in pay, regardless of gender, ethnicity, or race. We also have several Employee Resource Groups (ERG) that deliver career development experiences, increase cultural awareness, and offer opportunities to engage in social responsibility. We are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex, race, creed, color, gender, religion, marital status, domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, pregnancy, military or veteran status, citizenship status, and genetic information. Illumina conducts background checks on applicants for whom a conditional offer of employment has been made. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable local, state, and federal laws. Background check results may potentially result in the withdrawal of a conditional offer of employment. The background check process and any decisions made as a result shall be made in accordance with all applicable local, state, and federal laws. Illumina prohibits the use of generative artificial intelligence (AI) in the application and interview process. If you require accommodation to complete the application or interview process, please contact accommodations@illumina.com. To learn more, visit: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. The position will be posted until a final candidate is selected or the requisition has a sufficient number of qualified applicants. This role is not eligible for visa sponsorship.