Value Engineering Lead: Hardware Cost Reduction

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

FSA

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 electronics product portfolio. This role collaborates with engineering, sourcing, manufacturing, quality, and suppliers to reduce costs while maintaining performance and reliability.

Ideal candidates have strong experience in should-cost modeling, DFMA, ECO processes, and data-driven decision making.

Qualifications

• Bachelor’s degree in Electrical Engineering, Mechanical Engineering, or related field.
• 5+ years of hardware product development, manufacturing, or cost engineering experience.
• Experience leading design‑to‑cost, value engineering, and cost‑reduction initiatives for hardware products.
• Experience with power electronics, energy systems, industrial equipment, or similar platforms.
• Strong understanding of component costing and manufacturing processes.
• Proficiency with BOM structures and ERP/PLM systems (SAP, Oracle, Arena, or equivalent).
• Familiarity with alternate sourcing and supplier negotiations.

Responsibilities

• Develop and maintain should‑cost models for products, subassemblies, and commodity categories.
• Set BOM cost targets at program start and track performance through gate reviews.
• Analyze cost structures to identify reduction opportunities and drive cost‑down initiatives.
• Lead VE workshops and translate outputs into actionable plans with owners and timelines.
• Collaborate with procurement and supply chain to optimize supplier negotiations.
• Champion DTUPC principles throughout the product development lifecycle.
• Ensure cost reductions do not compromise functionality, reliability or compliance.

Skills

Cost engineering

Data analysis

Cross-functional collaboration

Project leadership

Cost modeling

Education

Bachelor’s degree in Electrical/Mechanical Engineering

Tools

APriori

Costimator

SEER

SiliconExpert

Octopart

LTspice

BOM management tools

ERP/PLM systems (SAP/Oracle/Arena)

Job description

EPC Power Corp is seeking a Value Engineering & Cost Reduction Engineer to identify and implement cost-saving opportunities across our electronics product portfolio. This role collaborates with engineering, sourcing, manufacturing, quality, and suppliers to reduce costs while maintaining performance and reliability.

Ideal candidates have strong experience in should-cost modeling, DFMA, ECO processes, and data-driven decision making.