Value Engineering Project Engineer III - Cost Optimizer

Techtronic Industries - TTI; Anderson (SC); On-site; USD 85,000 - 125,000; 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 – Value Engineering (VE) to lead cross‑functional VE initiatives focused on cost reduction and product optimization while preserving performance and user value. You will work with global engineering, sourcing, quality, manufacturing, and product management teams to drive VE strategy and execution.

The role requires a Bachelor in Engineering with 4+ years of relevant experience and travel up to 10%.

Qualifications

• BS degree in Engineering
• 4+ years 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 VE 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

Education

Bachelor of Science degree in Engineering

4+ years engineering experience

Experience managing product development or Value Engineering projects

Strong analytical skills

Problem-solving

Project leadership

DFMA

Cost modeling

Root cause analysis

CAD tools

Simulation techniques

Job description

Techtronic Industries - TTI is seeking a Project Engineer III – Value Engineering (VE) to lead cross‑functional VE initiatives focused on cost reduction and product optimization while preserving performance and user value. You will work with global engineering, sourcing, quality, manufacturing, and product management teams to drive VE strategy and execution.

The role requires a Bachelor in Engineering with 4+ years of relevant experience and travel up to 10%.