Value Engineer jobs in United States
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Markforged · 2 days ago

Value Engineer

Markforged is leading the digital transformation of manufacturing by revolutionizing how engineers and manufacturers create and innovate. The Value Engineer is responsible for developing accurate cost models for mechanical and electrical components, collaborating with various teams to validate designs and identify manufacturing process improvements.

3D Printing3D TechnologyArtificial Intelligence (AI)HardwareManufacturingRoboticsSecuritySoftware

Responsibilities

Review bills of materials, engineering drawings, and CAD models to understand part geometry, tolerances, materials, and functional requirements
Develop detailed should-cost models for mechanical and electrical components, including:
Machining, casting, sheet metal, additive, and finishing processes
PCBAs, cables, harnesses, and electro-mechanical assemblies
Estimate labor, material, overhead, yield, tooling, and amortization costs across different volume scenarios
Compare supplier quotes against should-cost models and identify cost gaps or risk areas
Collaborate with engineering on design-for-manufacturability (DFM) and design-for-cost (DFC) tradeoffs
Support supplier identification, technical evaluation, and RFQ processes when required
Partner with supply chain and operations to align cost models with real manufacturing constraints
Maintain cost databases, benchmarks, and process assumptions over time
Provide clear cost breakdowns and recommendations to engineering leadership and management

Qualification

Mechanical EngineeringManufacturing ProcessesCost ModelingCAD ProficiencySupplier EvaluationAnalytical SkillsGlobal Supply ChainsERP/MRP SystemsCommunication SkillsTeam Collaboration

Required

Bachelor's degree in Mechanical Engineering, Manufacturing Engineering, Electrical Engineering, or related field
Strong understanding of manufacturing processes for mechanical and electrical components
Ability to read and interpret detailed engineering drawings and CAD models
Experience building bottom-up cost models and analyzing supplier quotes
Strong analytical and communication skills

Preferred

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 Europe

Benefits

Annual cash bonus
Comprehensive benefits package

Company

Markforged

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Markforged is a manufacturing company that invents a new 3D printing process to build parts with the strength of Continuous Carbon Fiber.

Funding

Current Stage
Public Company
Total Funding
$346.8M
Key Investors
IQTSummit PartnersN47
2024-09-24Acquired
2021-07-15Post Ipo Equity· $210M
2021-07-15IPO

Leadership Team

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Tripp Burd
Director, New Platforms
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Company data provided by crunchbase