Project Value Engineer

Rittal LLCUrbana, OH, US

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Position Summary :

The Project Value Engineer will be a critical member of the design engineering team, responsible for leading projects to reduce the cost of existing and new products without compromising quality or functionality.
This role blends a deep technical understanding of mechanical engineering with project management skills to proactively identify and implement cost-saving opportunities throughout the product lifecycle.
The ideal candidate will have a strong background in sheet metal fabrication and a proven track record of successful value engineering projects.

Key Responsibilities :

Value Engineering & Project Leadership : Lead Value Analysis / Value Engineering (VA / VE) workshops with cross-functional teams (engineering, procurement, manufacturing, and sales) to identify and prioritize cost-reduction opportunities.

Analyze product designs, materials, and manufacturing processes to propose and implement changes that reduce costs.

Conduct competitive benchmarking to identify cost gaps and target areas for improvement.

Project Management & Reporting :

Develop and manage comprehensive project plans for all cost-reduction initiatives, including timelines, budgets, and resource allocation.

Coordinate with internal and external stakeholders to ensure projects are completed on schedule and within budget.

Track and report on key performance indicators (KPIs) for cost savings and project success.

Present regular updates to management on the status of cost-reduction projects, including results achieved and a future outlook with plans to seek new cost-saving ideas from bills of materials and design for manufacturability. Technical Analysis & Design Support :

Perform detailed technical analysis of components and assemblies, proposing alternative materials, manufacturing methods, or design changes.

Utilize knowledge of sheet metal fabrication processes (e.g., punching, laser cutting, forming, welding) to optimize designs for cost efficiency.

Collaborate with the design engineering team to ensure new product designs meet target cost goals.

Serve as a mandatory checkpoint in the design process for all new projects to provide analysis on Design for Manufacturability (DFM) and review the Bill of Materials (BOM) for potential cost-saving opportunities.

Supplier & Procurement Collaboration :

Work closely with the purchasing department to evaluate supplier proposals, negotiate costs, and identify alternative vendors for components and raw materials.

Review Bills of Materials (BOMs) to identify high-cost components and lead the search for cost-effective alternatives.

Required Qualifications :

Education : Bachelor’s degree in mechanical engineering or a related technical field is required.

Experience :

2-5 years of experience in a manufacturing environment, preferably within sheet metal fabrication or a related industry.

Skills :

Proven experience in project management and leading cross-functional teams.

Strong technical background in mechanical design and sheet metal fabrication.

Preferred proficiency in CAD software (Autodesk Inventor, PTC Creo) Excellent analytical, problem-solving, and communication skills, including the ability to present complex data to management.

Demonstrated ability to perform cost-benefit analysis and manage project budgets.

If you require reasonable accommodation for any part of the application or hiring process due to a disability, you may contact the company’s Human Resources Department at (937) 399-0500.

This option is reserved for individuals who require accommodation due to a disability.

Rittal LLC and Eplan are proud to be an affirmative action / equal opportunity employer.

EEO, including Disability / Vets.

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Project Engineer • Urbana, OH, US