Product Cost Engineering Jobs in Oregon (NOW HIRING)

At Lam Research, we create equipmentthat drives technological advancements in the semiconductor industry. Our innovative solutions enable chipmakers to power progress in nearly all aspects of modern life, and it takes each member of our team to make it possible.

Across our organization, our employees come to work and change the world. We take on the toughest challenges with precision and accuracy. We push for the next big semiconductor breakthrough. We lead the way in one of the most critical and fast-moving industries on the planet. And we do it together, with deep connections and limitless collaboration.

The impact we have on the world is made possible by focusing on our people. So we recognize and celebrate our teams’ achievements. We strive to create an inclusive and diverse culture where everyone’s contribution and voice has value. We evaluate and evolve our offerings, so our people receive the support and empowerment to do meaningful things for their lives, careers, and communities.

Because at Lam, we believe that when people are the priority and they’re inspired to unleash the power of innovation for a better world together, anything is possible.

Date: Jul 8, 2026

Location: Tualatin, OR, US, 97062

Worker Category: On-site Flex

The Global Operations Group brings information systems, facilities, supply chain, logistics,and high-volume manufacturing together to drive the engine of our global business operations. We help Lam deliver industry-leading solutions with speed and efficiency, while activelysupporting the resilient and profitable growth of Lam's business.

As a Senior Cost Engineer at Lam, you will be a key interface between Product Group Engineering and Global Supply Chain, ensuring cost is designed into products early and effectively. As a trusted partner, you will enable product competitiveness by driving cost vs. performance vs. sourcing strategy trade-offs throughout the product lifecycle.

In this role, you will utilize your deep expertise in should-cost analysis, Design for Cost (DFC) and Design for Manufacturing (DFM) along with your ability to lead complex, cross-functional initiatives across Engineering, Supply Chain, and suppliers to drive effective cost savings for Lam.

• Lead should-cost modeling and DFC/DFM cost analysis for complex semiconductor components and assemblies
• Perform deep technical analysis including teardown reviews, manufacturing process evaluation, and cost validation
• Develop robust cost models using and serve as a technical authority for complex or ambiguous costing challenges
• Lead cost engineering initiatives for NPI programs from concept through production ramp
• Drive alignment across Engineering, Supply Chain, and suppliers on design trade-offs, feasible manufacturing strategies and material costs
• Partner with sourcing and supplier teams to validate supplier cost structures, support negotiation strategies, and develop/improve cost models
• Provide organizational and capability leadership through mentorship, best practice establishment and creation of reusable models, cost libraries, and commodity insights
• Present to peer and executive levels on assessments, findings and recommendations

• Bachelor’s degree in Mechanical Engineering, Manufacturing Engineering, or related field with 15 years experience; or 12 years experience with a Master's degree; or 8 years experience with a Ph.D; or equivalent years experience in a similiar role without a degree.
• 8+ years of experience in:
  • Cost engineering / should costing
  • Manufacturing, product engineering, or supply chain engineering
• Strong understanding of 2+ manufacturing processes (machining, sheet metal, plastics, casting, ceramics, etc.)
• Experience working directly with engineering teams on product design; Technical drawing comprehension
• Supplier-facing experience including RFQ support, cost validation, and negotiation
• Experience with costing tools (e.g., aPriori) combined with strong manual costing capability
• Proven experience leading cross-functional initiatives and influencing without authority
• Strong communication skills—able to translate complex cost analysis into actionable decisions
• Demonstrated accountability and proactive problem-solving in ambiguous environments

• Experience in or deep knowledge of Semiconductor fabrication, Semiconductor Equipment Operations, or related industries
• Strong background in Design for Cost (DFC) and value engineering
• Experience supporting NPI programs
• Knowledge of Program Management methods and experience in Product Development & Release (PDR) procedures
• Experience with applications: NX CAD and/or ProE Creo, aPriori, SAP

We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.

Lam Research ("Lam" or the "Company") is an equal opportunity employer. Lam is committed to and reaffirms support of equal opportunity in employment and non-discrimination in employment policies, practices and procedures on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status or any other category protected by applicable federal, state, or local laws. It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.

Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On-site Flex and Virtual Flex. ‘On-site Flex’ you’ll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.

At Lam, our people make amazing things possible. That’s why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.

Nearest Major Market: Portland Oregon

Job Segment: Manufacturing Engineer, Supply Chain, Engineer, Product Development, Logistics, Engineering, Operations, Research