Value Engineering Project Engineer III — Cost Optimization

Techtronic Industries - TTI; Anderson (SC); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Tuition assistance

401(k)

Medical/dental/vision coverage

Vacation and holidays

Job summary

Techtronic Industries - TTI is seeking a Project Engineer III specialized in Value Engineering to lead cross-functional VE initiatives that reduce cost while preserving performance and user value. You will collaborate with global engineering, sourcing, quality, manufacturing, and product management to drive VE strategy and execution.

Responsibilities include managing multiple VE projects, conducting teardowns and cost modeling, and developing project plans with risk mitigation, schedules, and

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.

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.

Skills

Experience management

VE projects

Analytical thinking

Cross-functional collaboration

Problem solving

Project leadership

Education

Bachelor of Science degree in Engineering

Tools

CAD tools

Simulation techniques

Job description

Techtronic Industries - TTI is seeking a Project Engineer III specialized in Value Engineering to lead cross-functional VE initiatives that reduce cost while preserving performance and user value. You will collaborate with global engineering, sourcing, quality, manufacturing, and product management to drive VE strategy and execution.

Responsibilities include managing multiple VE projects, conducting teardowns and cost modeling, and developing project plans with risk mitigation, schedules, and