Value Engineering Lead

The successful candidate will work closely with engineering, operations, manufacturing, quality, and product management teams to identify, evaluate, and implement sustainable cost-saving opportunities throughout the product lifecycle.

Key Responsibilities

Cost Reduction Leadership

· Lead value engineering initiatives across existing product lines to improve gross margin and profitability.

· Develop and maintain a pipeline of validated cost-reduction projects aligned with annual business objectives.

· Quantify projected and realized savings and provide regular progress updates to management.

· Support strategic margin improvement programs across multiple product families.

Design-Based Value Engineering

· Analyze product designs, BOMs, assemblies, and drawings to identify opportunities for material optimization, component standardization, part count reduction, design change, manufacturer change and/or manufacturing efficiency improvements.

· Apply Design for Manufacturing (DFM) and Design for Assembly (DFA) principles to reduce product cost.

· Partner with mechanical, electrical, firmware, and software engineers to implement design improvements.

· Drive redesign projects that maintain or improve performance while reducing overall lifecycle costs.

Cross-Functional Collaboration

· Work closely with global engineering teams in the US, Europe, Mexico, and India.

· Collaborate with operations and manufacturing teams to identify labor reduction and productivity opportunities.

· Support product rationalization and platform standardization strategies.

· Participate in product design reviews and provide value engineering recommendations during development.

Business Analysis

· Conduct cost-benefit analyses and develop business cases for proposed changes.

· Evaluate manufacturing and assembly costs to identify improvement opportunities.

· Monitor implementation effectiveness and verify realized savings.

· Develop metrics and dashboards to track VA/VE performance.

Qualifications

Required

· Bachelor's degree in Mechanical Engineering, Industrial Engineering, or related technical discipline.

· 5+ years of engineering experience in product development, manufacturing engineering, sustaining engineering, or value engineering.

· Strong understanding of industrial product design and manufacturing processes.

· Experience interpreting engineering drawings, schematics, and BOM structures.

· Strong analytical and problem-solving skills.

· Experience working with ERP and PLM systems.

· Excellent communication and collaboration skills.

Preferred

· Experience with industrial instrumentation, sensors, transmitters, automation products, or process measurement equipment.

· Knowledge of PCB assemblies, electromechanical systems, castings, machined components, plastic parts, and sheet metal fabrication.

· Familiarity with Design for Manufacturing (DFM) and Design for Assembly (DFA) methodologies.

· Experience supporting global engineering organizations.

· Lean Manufacturing or Six Sigma certification is a plus.