Value Engineering Project Engineer III – Cost Optimizer

Techtronic Cordless GP- TTIPE; United States; On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Tuition assistance

401(k)

Medical/dental/vision coverage

Vacation and holidays

Job summary

Techtronic Cordless GP- TTIPE is seeking a Project Engineer III – Value Engineering to lead cross-functional VE initiatives focused on cost reduction, product optimization, and continuous improvement while preserving performance and user value.

The role collaborates with global engineering, sourcing, quality, manufacturing, and product management teams to drive VE strategy and execution and will involve 10% international travel.

Qualifications

• Bachelor of Science in Engineering required.
• 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 oriented.
• 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 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 trade-off discussions focused on cost, performance, and schedule.
• Interface with global suppliers to develop cost‑effective design solutions.
• Validate alternative materials, components, and supplier proposals.
• Coordinate qualification testing to ensure safety, durability, and performance requirements.
• Track project progress and provide updates to leadership on savings, risks, and timelines.
• Collaborate with cross‑functional teams to ensure successful implementation.
• Support production and continuous improvement initiatives across global locations.

Education

Bachelor of Science in Engineering

4+ years of relevant engineering experience

Tools

CAD tools

Simulation techniques

Job description

Techtronic Cordless GP- TTIPE is seeking a Project Engineer III – Value Engineering to lead cross-functional VE initiatives focused on cost reduction, product optimization, and continuous improvement while preserving performance and user value.

The role collaborates with global engineering, sourcing, quality, manufacturing, and product management teams to drive VE strategy and execution and will involve 10% international travel.