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Product Cost Engineer Jobs (NOW HIRING)

Hyster-Yale

Product Cost Engineer

Sulligent, AL

Job Title Product Cost Engineer Job Category Engineering Bolzoni Group located in Sulligent, AL is seeking a Product Cost Engineer. This role will focus on product cost evaluation for Bolzoni Group ...

BOLZONI S.p.A.

Product Cost Engineer

Sulligent, AL · On-site

Job Title Product Cost Engineer Job Category Engineering Bolzoni Group located in Sulligent, AL is seeking a Product Cost Engineer. This role will focus on product cost evaluation for Bolzoni Group ...

Meta

Product Cost Engineer

Sunnyvale, CA · On-site

$168K/yr

As a Product Cost Engineer at Meta Reality Labs, you will manage all aspects of the financial health of your product from early ideation and design stages all the way through the end of life of the ...

Meta

Product Cost Engineer

Sunnyvale, CA · On-site

$168K - $234K/yr

As a Product Cost Engineer at Meta Reality Labs, you will manage all aspects of the financial health of your product from early ideation and design stages all the way through the end of life of the ...

Komatsu

Product Cost Engineer I

Peoria, IL · On-site

$67K - $84K/yr

Product Cost Engineer I Posting Start Date: 8/18/26 Job Location (Short): Peoria, Illinois, USA, 61639 Requisition ID: 35697 Onsite or Remote: Onsite Position Join Komatsu and Be Part of Something ...

Meta

Product Cost Engineer, Robotics

Redmond, WA

$168K/yr

As the Robotics Product Cost Engineer at Meta Reality Labs, you will manage all aspects of the financial health of your product from early ideation and design stages all the way through the end of ...

Meta

Product Cost Engineer, Robotics

Sunnyvale, CA · On-site

$168K/yr

As the Robotics Product Cost Engineer at Meta Reality Labs, you will manage all aspects of the financial health of your product from early ideation and design stages all the way through the end of ...

Bristol Bay Services

SpecPro Sustainment and Environmental (SSE) is seeking a Cost Engineer to support the Naval Facilities Engineering Systems Command Southeast (NAVFAC SE), Production Design Construction Division (PDC4 ...

Bristol Bay Services

Cost Engineer

Jacksonville, FL · On-site

SpecPro Sustainment and Environmental (SSE) is seeking a Cost Engineer to support the Naval Facilities Engineering Systems Command Southeast (NAVFAC SE), Production Design Construction Division (PDC4 ...

Innovative IT Solutions Inc

Cost Engineer

Waukesha, WI · On-site

Perform should-cost analysis to validate product costs, supplier pricing, and commercial assumptions. * Identify and implement cost-reduction, cost-optimization, and value-engineering opportunities

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All JobsProduct Cost Engineer Jobs

Product Cost Engineer information

See salary details

$45.5K

$97K

$139.5K

How much do product cost engineer jobs pay per year?

As of Sep 13, 2026, the average yearly pay for product cost engineer in the United States is $97,048.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $114,000.00 per year, depending on experience, location, and employer.

What is a product cost engineer?

A Product Cost Engineer is a professional responsible for analyzing, estimating, and managing the costs associated with manufacturing a product. They work closely with design, engineering, and procurement teams to evaluate materials, labor, and production processes to ensure products are developed within budget. Their goal is to optimize costs without compromising quality or functionality, helping organizations achieve profitability and competitive pricing. Product Cost Engineers often use specialized software and cost modeling techniques to support decision-making throughout the product lifecycle.

How does a product cost engineer typically collaborate with other departments during the product development process?

Product Cost Engineers work closely with cross-functional teams such as design, engineering, procurement, and manufacturing to ensure that products are developed within targeted cost parameters. They often participate in design reviews, provide cost estimates, and suggest design modifications to optimize material and production costs. Effective communication and teamwork are essential, as Product Cost Engineers act as a bridge between technical teams and finance, ensuring that cost considerations are integrated into decision-making from the earliest stages of product development.

What are the key skills and qualifications needed to thrive as a product cost engineer, and why are they important?

To thrive as a Product Cost Engineer, you need a solid background in engineering, cost analysis, and manufacturing processes, often supported by a degree in engineering or related fields. Familiarity with cost modeling software, ERP systems, and tools like SAP or Excel is typically essential. Strong analytical thinking, attention to detail, and effective communication skills help in collaborating with cross-functional teams and presenting cost-saving recommendations. These skills and qualifications are crucial for accurately estimating product costs, optimizing resources, and supporting strategic business decisions.

What is the difference between Product Cost Engineer vs Manufacturing Cost Analyst?

AspectProduct Cost EngineerManufacturing Cost Analyst
CredentialsBachelor's in Engineering, Finance, or related field; certifications like CPCM or CPMBachelor's in Accounting, Finance, or Industrial Engineering; similar certifications
Work EnvironmentDesign and development teams, manufacturing plants, engineering departmentsFinance and accounting departments, manufacturing facilities
Industry UsageProduct development, engineering, manufacturingCost analysis, budgeting, financial planning in manufacturing

Product Cost Engineers focus on estimating and controlling costs during product development, working closely with engineering teams. Manufacturing Cost Analysts primarily analyze manufacturing expenses, supporting budgeting and cost reduction efforts. While both roles involve cost analysis and require similar credentials, their focus areas and daily tasks differ within the manufacturing industry.

What are popular job titles related to Product Cost Engineer jobs?

For Product Cost Engineer jobs, the most frequently searched job titles are:

Infographic showing various Product Cost Engineer job openings in the United States as of September 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $97,048 per year, or $46.7 per hour.

Product Cost Engineer

Sulligent, AL

Hyster-Yale
Machinery Manufacturing • 5 - 10K employees
Learn more about Hyster-Yaleexternal

Full-time

Medical, Dental, Life, Retirement

Re-posted 17 days ago

Hyster-Yale Materials Handling rating

9.0

Company rating: 9.0 out of 10

Based on 18 frontline employees who took The Breakroom Quiz

Job description

Job Title

Product Cost Engineer

Job Category

Engineering

Job Description

Bolzoni Group located in Sulligent, AL is seeking aProduct Cost Engineer.

This role will focus on product cost evaluation for Bolzoni Group products manufactured in the plant and feasibility analysis for new RFQ. In addition, the role will collaborate with Manufacturing and Supply Chain to define the best production process during the industrialization phase.

The ideal candidate will combine engineering expertise with a forward-thinking approach to digital tools, to help transform cost estimation process through the use ofAI and automation tools.

Key Responsibilities

  • Estimate costs for new products or for products localization
  • Use AI tools (e.g., Microsoft Copilot) tostreamline workflows and reduce manual processes
  • Identify opportunities forefficiency gains and cost savings for products already in production
  • Collaborate cross-functionally with Engineering, Manufacturing, Supply Chain, and Sales teams to during industrialization phase and to reduce time to quote
  • Check product cost variance in case of design change
  • Assist with industrialization and pre-production engineering activities
  • Implement and supportworkflow automation solutions(e.g., Power Automate) to improve (Cost Analysis)
  • Identify continuous improvement opportunities using AI-driven analytics

Qualifications

  • Bachelor's degree in engineering or related technical field (required)
  • 1 -5 years of experience in mechanical design, product development, or product cost estimation
  • Knowledge of mechanical processes, especially welding and machining
  • Experience or interest inAI tools, automation, or digital transformation initiatives
  • Strong analytical, problem-solving, and process improvement skills
  • Experience with ERP or engineering systems (SAP, Teamcenter, NX Siemens, or similar preferred)
  • Strong background with Excel
  • Ability to manage multiple priorities in a fast-paced environment
  • Strong communication and teamwork skills

Preferred Qualifications

  • Knowledge ofAI tools
  • Familiarity with data analysis and reporting tools
  • Background in cost analysis or value engineering

This is not a remote position. The position is located in office in Sulligent, AL.

Job Type

Permanent

Time Type

Full time

Work Hours

40

Travel Required

No

Primary Location

Bolzoni US Sulligent, AL

Address

7711 US Highway 278

Zip Code

35586

Field-Based

No

Relocation Assistance Available

NoWe are an equal opportunity employer with an excellent benefit package including medical, dental and life insurance, 401(k) and profit sharing.EOE/Minorities/Females/Veterans/Disabled

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