Project Engineer III - Value Engineering (VE)

Job Description:

Project Engineer III – Value Engineering (VE)

The Value Engineering Project Engineer III leads cross-functional initiatives focused on cost reduction, product optimization, and continuous improvement while maintaining performance, durability, and user value. This role operates within the project leader hierarchy and collaborates closely with global engineering, sourcing, quality, manufacturing, and product management teams to drive VE strategy and execution.

Key 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

Required 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

We offer competitive wages and a comprehensive benefits package – tuition assistance, 401(k), medical/dental/vision coverage, vacation and holidays.