Project Engineer 3 - Value Engineering

Techtronic Industries; Anderson (SC); On-site; USD 90,000 - 120,000; Full time

Job summary

Techtronic Industries is seeking a Project Engineer III – Value Engineering (VE) to lead cross-functional VE initiatives focused on cost reduction, product optimization, and continuous improvement while preserving performance and user value.

You will work with engineering, sourcing, quality, manufacturing, and product management teams to drive VE strategy and execution across global locations, coordinating testing and supplier engagements to achieve savings and schedule goals.

Qualifications

• Bachelor of Science in Engineering or equivalent.
• 4+ years of engineering experience.
• Experience managing Value Engineering projects or product development.
• Strong knowledge of electromechanical systems and manufacturing processes.
• Results-driven with ability to meet deadlines.
• Ability to manage multiple projects to aggressive schedules.

Responsibilities

• Lead multiple VE projects from concept through implementation.
• Drive teardowns, benchmarking, cost modeling, and opportunity identification.
• Develop and execute project plans, schedules, and risk mitigation.
• Lead cost/performance tradeoff discussions with cross-functional teams.
• Interface with global suppliers for cost-effective solutions.
• Validate materials and supplier proposals for feasibility.
• Coordinate qualification testing for safety and durability.
• Track progress and report savings, risks, and timelines to leadership.
• Collaborate with Quality, Manufacturing, Sourcing, Finance, and Product Management.

Skills

Cross-functional collaboration

DFMA

Cost modeling

Root cause analysis

Project leadership

CAD tools

Simulation techniques

Teardown benchmarking

Education

Bachelor of Science in Engineering

4+ years of engineering experience

Tools

CAD tools

Simulation software

Job description

Job Description:

Project Engineer III – Value Engineering (VE)

The Value Engineering Project Engineer III leads cross-functional initiatives focused on cost reduction, product optimization, and continuous improvement while maintaining performance, durability, and user value. This role operates within the project leader hierarchy and collaborates closely with global engineering, sourcing, quality, manufacturing, and product management teams to drive VE strategy and execution.

Key Responsibilities

• Lead multiple low to moderately complex Value Engineering projects from concept through implementation


• Drive product teardowns, benchmarking, cost modeling, and opportunity identification


• Develop and execute project plans, schedules, and risk mitigation strategies


• Lead technical tradeoff discussions focused on cost, performance, and schedule


• Interface with global suppliers to develop cost-effective design solutions within process capabilities


• Validate alternative materials, components, and supplier proposals


• Coordinate qualification testing to ensure safety, durability, and performance requirements


• Track project progress and provide regular updates to leadership on savings, risks, and timelines


• Collaborate with cross-functional teams (Quality, Manufacturing, Sourcing, Finance, Product Management, etc.) to ensure successful implementation


• Support production and continuous improvement initiatives across global manufacturing locations

Required Qualifications

• Bachelor of Science degree in Engineering


• 4+ years of relevant engineering experience


• Experience managing product development or Value Engineering projects


• Strong understanding of electromechanical systems, materials, and manufacturing processes


• Results driven and deadline orientated


• Ability to manage several simultaneous projects to aggressive schedules and results


• Ability to handle fast paced, and agile culture


• Experience with DFMA, cost modeling, and root cause analysis


• Strong analytical, problem-solving, and project leadership skills


• Experience with global suppliers and overseas manufacturing environments


• Familiarity with CAD tools and simulation techniques


• Experience with teardown benchmarking and cost optimization strategies


• Ability to draft comprehensive test plans and specifications


• 10% international travel required

We offer competitive wages and a comprehensive benefits package – tuition assistance, 401(k), medical/dental/vision coverage, vacation and holidays.