Senior Hardware VE & Cost-Reduction Engineer

EPC Power Corp.; Fountain Inn (SC); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

401(k) with company matching

Medical, dental, and vision insurance

Disability and life insurance

Flexible Spending Account (FSA)

Employee Assistance Program (EAP)

Paid Time Off (PTO)

Tuition reimbursement

Job summary

EPC Power Corp. is seeking a Value Engineering & Cost Reduction Engineer to identify and implement cost-saving opportunities across our product portfolio. You will partner with engineering, sourcing, manufacturing, quality, and suppliers to maintain performance while reducing costs.

The role focuses on should-cost modeling, DFM/DFA, and VE leadership. You will drive a structured savings pipeline, support NPI gate reviews, and ensure compliance.

Qualifications

• Bachelor’s degree in Electrical Engineering, Mechanical Engineering, or related field.
• 5+ years of hardware product development, manufacturing, or cost engineering.
• Proven success leading design-to-cost, value engineering, and cost-reduction initiatives.
• Experience with power electronics, energy systems, industrial equipment, or similar hardware platforms.
• Experience working in a fast-paced, high-volume manufacturing environment.
• Strong understanding of component costing, product cost structures, and manufacturing processes.

Responsibilities

• Develop and maintain should-cost models for products, key subassemblies (power stages, magnetics, thermal systems, housings), and commodity categories (sheet metal, plastics, weldments).
• Establish BOM cost targets at the start of each new product program and track performance through NPI gate reviews.
• Analyze product cost structures (BOM, labor, overhead) to identify reduction opportunities.
• Identify the highest-cost functions and components using Pareto analysis and drive targeted reduction initiatives.
• Build and manage a structured savings pipeline; report regularly on project progress and potential and realized savings to leadership.
• Partner with supply chain and procurement on supplier negotiations and cost-down initiatives.
• Champion Design-to-Unit-Production-Cost (DTUPC) principles throughout the product development lifecycle.
• Quantify and validate cost savings opportunities through detailed business case analysis and benefit tracking.
• Support annual cost-reduction objectives through execution of a prioritized VA/VE roadmap.

Skills

Cost reduction

Value Engineering

Should-cost modeling

Design for Manufacturability

Cross-functional collaboration

Education

Bachelor's degree in Electrical/Mechanical Engineering or related field

Tools

aPriori

Costimator

SEER

SiliconExpert

Job description

EPC Power Corp. is seeking a Value Engineering & Cost Reduction Engineer to identify and implement cost-saving opportunities across our product portfolio. You will partner with engineering, sourcing, manufacturing, quality, and suppliers to maintain performance while reducing costs.

The role focuses on should-cost modeling, DFM/DFA, and VE leadership. You will drive a structured savings pipeline, support NPI gate reviews, and ensure compliance.