Milwaukee Electric Tool

Project Engineer III - Value Engineering (VE)

Milwaukee Electric Tool$80K — $100K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

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-oriented
  • Ability to manage several simultaneous projects
  • Experience with DFMA, cost modeling, and root cause analysis

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
  • Validate alternative materials, components, and supplier proposals
  • Coordinate qualification testing to ensure safety, durability, and performance requirements
  • Collaborate with cross-functional teams to ensure successful implementation

Benefits

  • Tuition assistance
  • 401(k) plan
  • Medical, dental, and vision coverage
  • Vacation and holidays
  • Competitive wages
Full Job Description

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 toolsand 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 6 tuition assistance, 401(k), medical/dental/vision coverage, vacation and holidays.

About Milwaukee Electric Tool

Milwaukee Electric Tool Corporation is a leading manufacturer and marketer of heavy-duty, portable electric power tools and accessories for professional users worldwide. Since its founding in 1924, Milwaukee has focused on a single vision: To produce the best heavy-duty electric power tools and accessories available to the professional user. Today, the Milwaukee name stands for the highest quality, durable and reliable professional tools money can buy.
Learn more about Milwaukee Electric Tool
Size
3,500 employees
Industry

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