Value Engineering Project Engineer III - Cost Optimizer

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

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.