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Product Cost Engineering Jobs (NOW HIRING)

Vertiv Group Corp.

Product Cost Manager

Delaware, OH · On-site

Bachelor's degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred * 7 plus years' experience in Product Cost, Product Management, Engineering, Supply ...

Astera Labs

Product Cost Manager

San Jose, CA · On-site

$150K - $180K/yr

... Engineering, and FP&A to evaluate the cost impact of new products, manufacturing process changes, supplier changes, and manufacturing transitions. • Support new product introduction (NPI) and ...

TRUMPF Group

Production Cost Engineer

Farmington, CT · On-site

Provide monthly or quarterly cost and project performance updates to senior leadership covering all assigned product lines. Project Engineering Support & Project Management * Support project ...

Trumpf

Production Cost Engineer

Farmington, CT

Provide monthly or quarterly cost and project performance updates to senior leadership covering all assigned product lines. Project Engineering Support & Project Management * Support project ...

C&D Technologies, Inc.

Cost Engineer

Lihue, HI · On-site

Partner with Product Engineering and Manufacturing to influence design decisions through Design-to-Cost (DTC) initiatives. * Support value engineering and process optimization efforts focused on ...

Trojan Battery Company

Cost Engineer

Charleston, WV · Remote

Partner with Product Engineering and Manufacturing to influence design decisions through Design-to-Cost (DTC) initiatives. * Support value engineering and process optimization efforts focused on ...

TRUMPF

Production Cost Engineer

Farmington, CT

Provide monthly or quarterly cost and project performance updates to senior leadership covering all assigned product lines. Project Engineering Support&Project Management * Support project engineers ...

Ford Motor Company

Cost Engineering/Analyst

Dearborn, MI · Hybrid

$74K - $166K/yr

Join the Ford Product Development team. Utilizing Design Thinking & User Experience methods, you'll ... The Cost Engineer/Cost Analyst for this position must have experience in more than one of the ...

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All JobsProduct Cost Engineering Jobs

Product Cost Engineering information

See salary details

$45.5K

$97K

$139.5K

How much do product cost engineering jobs pay per year?

As of Jun 12, 2026, the average yearly pay for product cost engineering 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 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 strong analytical skills, a background in engineering or finance, and expertise in cost estimation and manufacturing processes. Familiarity with cost modeling software, ERP systems, and proficiency in tools like Excel or SAP are typically required. Outstanding problem-solving abilities, attention to detail, and effective communication help you collaborate with cross-functional teams and present cost-saving recommendations. These skills are crucial for ensuring products are developed within budget constraints while maintaining quality and competitiveness in the market.

What is Product Cost Engineering?

Product Cost Engineering is a specialized field focused on analyzing, estimating, and optimizing the costs associated with designing, manufacturing, and delivering a product. Professionals in this role work closely with engineering, procurement, and finance teams to identify cost-saving opportunities without compromising quality or performance. Their work helps companies develop competitive products by balancing cost targets with technical requirements throughout a product's lifecycle.

How does a Product Cost Engineer typically collaborate with cross-functional teams during the product development process?

Product Cost Engineers work closely with design, engineering, procurement, and manufacturing teams to ensure cost targets are met throughout the product lifecycle. They provide cost estimates during early design phases, suggest cost-saving alternatives, and analyze supplier quotes to support sourcing decisions. Regular meetings and open communication channels are essential, as Product Cost Engineers often mediate between technical and financial stakeholders to balance product quality, manufacturability, and budget constraints.

What is the difference between Product Cost Engineering vs Cost Estimator?

AspectProduct Cost EngineeringCost Estimator
Primary FocusAnalyzing and controlling product costs throughout development and productionEstimating costs for projects or products before production begins
Required SkillsCost analysis, engineering knowledge, manufacturing processesCost calculation, data analysis, project scope understanding
Work EnvironmentManufacturing, engineering, product developmentProject planning, bidding, proposal development
CertificationsCost Engineering certifications (e.g., AACE), engineering backgroundCost Estimation certifications, analytical skills

Product Cost Engineering focuses on managing and optimizing costs during product development and manufacturing, while Cost Estimators primarily prepare cost projections before project initiation. Both roles require analytical skills and understanding of costs but serve different stages of the product lifecycle.

More about Product Cost Engineering jobs
What cities are hiring for Product Cost Engineering jobs? Cities with the most Product Cost Engineering job openings:
What states have the most Product Cost Engineering jobs? States with the most job openings for Product Cost Engineering jobs include:
What job categories do people searching Product Cost Engineering jobs look for? The top searched job categories for Product Cost Engineering jobs are:
Product Cost Engineering jobs near you
Infographic showing various Product Cost Engineering job openings in the United States as of June 2026, with employment types broken down into 89% Full Time, 9% Part Time, and 2% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution, with an average salary of $97,048 per year, or $46.7 per hour.
Product Cost Manager

Product Cost Manager

Vertiv Group Corp.

Delaware, OH • On-site

Full-time

Posted 4 days ago

Vertiv rating

6.9

Company rating: 6.9 out of 10

Based on 60 frontline employees who took The Breakroom Quiz

306th of 417 rated machine equipment manufacturers

Job description

Job Description
Job Title: Product Cost Manager
Function: Racks Product Line / IT Systems
Location: Delaware, OH
Job Summary
The Product Cost Manager is responsible for delivering product cost reductions that meet or exceed targets for the product line. Key activities include analyzing product costs, evaluating the impact of alternative sourcing and/or manufacturing strategies, monitoring actual costs vs. target, and developing and presenting executive level presentations. The role operates in a global and cross-functional environment and requires frequent collaboration with product management, engineering, quality, procurement, and operations.
This position will be based onsite at Vertiv's Delaware, OH office location.
Responsibilities:
  • Identify and drive product cost improvement actions by working with a cross-functional team (notably Product Management, Engineering, Procurement, Operations and Finance)
  • Develop product cost comparisons to evaluate and benchmark manufacturing locations and suppliers
  • Prepare and deliver presentations on product cost targets, key cost drivers, and supporting cost reduction activities
  • Monitor product costs during the NPDI process and throughout the product lifecycle to identify and act on variances
  • Identify and pursue continuous improvement projects that deliver improved efficiency and/or quality
  • Other duties and responsibilities as assigned.

Requirements:
  • Bachelor's degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred
  • 7 plus years' experience in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing
  • Experience with new product development processes and activities is preferred
  • Demonstrated competence in problem solving, data analysis, & project management
  • Ability to develop and deliver effective presentations of insights and recommendations, supported by data analysis
  • Experience developing cross-functional and cross-regional relationships to achieve business objectives
  • Proficiency with Microsoft Office suite (Excel, PowerPoint, PowerBI), Smartsheet, and other business applications
  • Excellent communications skills - written & verbal

The successful candidate will embrace Vertiv's Core Principals & Behaviors to help execute our Strategic Priorities.
OUR CORE PRINCIPALS: Safety. Integrity. Respect. Teamwork. Diversity & Inclusion.
OUR STRATEGIC PRIORITIES
• Customer Focus
• Operational Excellence
• High-Performance Culture
• Innovation
• Financial Strength
OUR BEHAVIORS
• Own It
• Act With Urgency
• Foster a Customer-First Mindset
• Think Big and Execute
• Lead by Example
• Drive Continuous Improvement
• Learn and Seek Out Development
About Vertiv
Vertiv is a $10.2 billion global critical infrastructure and data center technology company. We ensure customers' vital applications run continuously by bringing together hardware, software, analytics and ongoing services. Our portfolio includes power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Columbus, Ohio, USA, Vertiv employs around 20,000 people and does business in more than 130 countries. Visit Vertiv.com to learn more.
Work Authorization
No calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Equal Opportunity Employer
Vertiv is an Equal Opportunity/Affirmative Action employer. We promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability. If you have a disability and are having difficulty accessing or using this website to apply for a position, you can request help by sending an email to help.join@vertiv.com.
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About the Team
Work Authorization
No calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Equal Opportunity Employer
We promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability.

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