Value Engineer

Value EngineerMarkforged (NYSE: MKFG) is leading the digital transformation of manufacturing by revolutionizing how engineers and manufacturers create and innovate. Our unique platform combines software, advanced materials (including cutting-edge metal and composite technologies), and industrial 3D printers to deliver strong, functional parts for various industries. We empower customers to overcome supply chain complexities, reduce costs, and accelerate innovation by producing high-performance tools, fixtures, prototypes, and end-use parts in-house.The Value Engineer is responsible for developing accurate, bottoms-up cost models for mechanical and electrical components and assemblies. This role reviews engineering drawings, CAD, and BOMs to estimate "should-cost" targets based on manufacturing processes, material selection, complexity, and production volumes. The Value Engineer partners with engineering, operations, and supply chain to validate designs, evaluate supplier quotes, and identify high-quality suppliers when needed. Key goals to assess and identify design and manufacturing processes improvements, enhance internal and partner supplier processes, and partner with internal teams implement changes to reduce costs while ensuring compliance with cosmetic, quality and safety standards. Lead cross-functional projects and interact with stakeholders at all levels of the organization.What You Will Own?Review bills of materials, engineering drawings, and CAD models to understand part geometry, tolerances, materials, and functional requirementsDevelop detailed should-cost models for mechanical and electrical components, including:Machining, casting, sheet metal, additive, and finishing processesPCBAs, cables, harnesses, and electro-mechanical assembliesEstimate labor, material, overhead, yield, tooling, and amortization costs across different volume scenariosCompare supplier quotes against should-cost models and identify cost gaps or risk areasCollaborate with engineering on design-for-manufacturability (DFM) and design-for-cost (DFC) tradeoffsSupport supplier identification, technical evaluation, and RFQ processes when requiredPartner with supply chain and operations to align cost models with real manufacturing constraintsMaintain cost databases, benchmarks, and process assumptions over timeProvide clear cost breakdowns and recommendations to engineering leadership and managementWhat You Will Have?Bachelor's degree in Mechanical Engineering, Manufacturing Engineering, Electrical Engineering, or related fieldStrong understanding of manufacturing processes for mechanical and electrical componentsAbility to read and interpret detailed engineering drawings and CAD modelsExperience building bottom-up cost models and analyzing supplier quotesStrong analytical and communication skillsPreferred Qualifications include experience in capital equipment, industrial products, automotive, aerospace, medical devices, or advanced manufacturing; exposure to global supply chains and contract manufacturing; familiarity with ERP/MRP systems and cost accounting concepts; prior experience working with suppliers in USA, Asia, and EuropeSalary RangeThe salary range for this role is expected to be between $98,594 - $115,993. Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed and the applicant's skill set. The base pay is just one component of the total compensation package for employees. Other components may include an annual cash bonus and a comprehensive benefits package.Why Markforged?Help us reinvent manufacturing. We are reinventing manufacturing so that engineers can build anything they imagine. We are one team that wins together You will be engaging every day with passionate and dedicated individuals in a collaborative environment working towards making best-in-class products.To all recruitment agencies: Markforged does not accept agency resumes. Please do not forward resumes to our jobs alias or Markforged employees. Markforged is not responsible for any fees related to unsolicited resumes.Markforged is an equal opportunity employer and does not discriminate based on race, color, religion, sex, national origin, age, or disability.