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Value Engineering Jobs in Massachusetts (NOW HIRING)

Value Engineering: Be the architect of financial success stories. Conduct deep-dive value analyses to quantify cost savings and efficiency gains, translating complex data into compelling narratives ...

... Value Analysis/Value Engineering (VAVE) activities. This leader will be accountable for maintaining compliance with quality management system requirements, including product development processes ...

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Showing results 1-20

Value Engineering information

See Massachusetts salary details

$35.5K

$68.8K

$104.3K

How much do value engineering jobs pay per year?

As of Aug 18, 2026, the average yearly pay for value engineering in Massachusetts is $68,779.00, according to ZipRecruiter salary data. Most workers in this role earn between $51,300.00 and $78,600.00 per year, depending on experience, location, and employer.

What is value engineering?

Value engineering is a systematic method used to improve the value of a project, product, or process by analyzing its functions and seeking ways to reduce cost without compromising quality, performance, or reliability. It involves a team-based approach to examine all aspects of a project and identify opportunities for innovation and cost savings. Value engineering is commonly used in construction, manufacturing, and product design to maximize efficiency and deliver better results within budget constraints.

How does a value engineer typically collaborate with other departments during a project lifecycle?

Value Engineers work closely with cross-functional teams such as design, procurement, and project management to identify cost-saving opportunities without compromising quality. They regularly participate in multidisciplinary meetings to review project specifications, suggest alternative materials or processes, and ensure proposed changes align with functional requirements. This collaborative approach helps streamline decision-making, increase project efficiency, and deliver greater value to clients. Effective communication and negotiation skills are essential in ensuring all stakeholders are aligned on proposed solutions.

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

To thrive as a Value Engineer, you need expertise in cost analysis, process optimization, and engineering principles, usually backed by a degree in engineering or a related field. Familiarity with value analysis methodologies, CAD software, and project management tools is typically required, along with certifications like CVS (Certified Value Specialist) being beneficial. Strong analytical thinking, effective communication, and collaboration skills help value engineers lead multidisciplinary teams and drive consensus on cost-saving initiatives. These skills are crucial for maximizing product value, reducing costs, and ensuring project success without compromising quality.

What is the difference between Value Engineering vs Cost Estimator?

AspectValue EngineeringCost Estimator
CredentialsProfessional certifications like SAVE, PECPAs, CPCs, or industry-specific certifications
Work EnvironmentDesign teams, project managers, constructionConstruction firms, engineering companies, project planning
Industry UsageConstruction, manufacturing, engineeringConstruction, engineering, architecture

Value Engineering focuses on analyzing and improving project value by optimizing costs and functions, often during design phases. Cost Estimators primarily develop detailed cost projections for projects, ensuring budgets are accurate. While both roles involve cost considerations, Value Engineering emphasizes value optimization, whereas Cost Estimators focus on precise cost calculation.

What does a value engineer do?

A value engineer analyzes projects to improve value by reducing costs and enhancing function without sacrificing quality. They use techniques like value analysis and cost-benefit assessments, often working with cross-disciplinary teams and utilizing tools such as CAD software. Certification in value engineering is common for professionals in this role.

What is the career path of a value engineer?

A value engineer typically starts as a junior or associate engineer, gaining experience in cost analysis, project management, and engineering principles. With experience and additional certifications, such as Certified Value Specialist (CVS), they can advance to senior roles, project managers, or specialized consultants, often expanding into related fields like cost engineering or project management. Career progression depends on industry, skills, and ongoing professional development.

What are the most commonly searched types of Value Engineering jobs in Massachusetts?

The most popular types of Value Engineering jobs in Massachusetts are:

What are popular job titles related to Value Engineering jobs in Massachusetts?

For Value Engineering jobs in Massachusetts, the most frequently searched job titles are:

Infographic showing various Value Engineering job openings in Massachusetts as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 73% Physical, 3% Hybrid, and 24% Remote job distribution, with an average salary of $68,779 per year, or $33.1 per hour.

Electrical Engineer - Value Engineering

Applied Materials

Gloucester, MA • On-site

$86K - $119K/yr

Full-time

Re-posted 4 days ago


Applied Materials rating

8.7

Company rating: 8.7 out of 10

Based on 58 frontline employees who took The Breakroom Quiz

15th of 540 rated manufacturers


Job description

Who We Are
Applied Materials is a global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips - the brains of devices we use every day. As the foundation of the global electronics industry, Applied enables the exciting technologies that literally connect our world - like AI and IoT. If you want to push the boundaries of materials science and engineering to create next generation technology, join us to deliver material innovation that changes the world.
What We Offer
Salary:
$86,500.00 - $119,000.00
Location:
Gloucester,MA
You'll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible-while learning every day in a supportive leading global company. Visit our Careers website to learn more.
At Applied Materials, we care about the health and wellbeing of our employees. We're committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits.
General Profile:
Requires specialized depth and/or breadth of electrical engineering expertise, with strong application in cost optimization, supply chain alignment, and product lifecycle improvement.
Interprets internal and external business drivers-including cost, supply risk, manufacturability, and performance-and applies best practices to deliver value-driven engineering solutions.
Solves complex electrical and system-level problems by balancing design intent, reliability, cost, and supply chain considerations. Takes a broad, systems-level perspective to identify innovative and scalable solutions.
Works independently with guidance only in the most complex situations.
Role Responsibilities:
  • Identify, analyze, and resolve complex electrical and electronic issues across systems, subsystems, and components, with emphasis on cost reduction, supply resilience, and reliability
  • Lead or execute value engineering initiatives including cost reduction (CR), multi-sourcing, electrical redesign, and supplier transitions
  • Develop, design, or modify electrical architectures, schematics, PCBAs, harnessing, and power/control systems for complex applications
  • Partner with strategic suppliers to develop, qualify, and optimize electrical components and assemblies, including PCBAs, power supplies, and cable/harness solutions
  • Apply Design for Cost (DfC), Design for Manufacturability (DfM), and Design for Supply Chain (DfSC) principles to electrical designs and assemblies
  • Support and lead ECO evaluation and execution, ensuring design changes deliver cost benefit while managing risk and operational impact
  • Support NPI cost evaluation and design convergence, ensuring electrical designs meet cost, performance, and manufacturability targets
  • Work cross-functionally with Mechanical Engineering, Supply Chain Engineering, Program Management, and Manufacturing teams to drive end-to-end value improvements across systems
  • Define, coordinate, and execute electrical testing and validation, including system-level performance, power distribution, grounding/shielding, and reliability testing
  • Perform engineering analysis such as power analysis, signal integrity, thermal-electrical interactions, and component selection optimization
  • Generate and review electrical specifications, test plans, and technical documentation to ensure clarity and alignment across stakeholders
  • Contribute to value tracking activities, including cost savings validation, PPV tracking, and value opportunity identification
  • Communicate complex technical trade-offs (cost, performance, reliability) clearly and influence decisions across engineering and business functions

Minimum Qualifications:
  • Bachelor's degree in Electrical Engineering or related field
  • 7-10 years of experience in electrical engineering, including electronic systems, power systems, or controls
  • Strong experience in areas such as circuit design, PCB layout, power systems, grounding/shielding, and component selection
  • Demonstrated application of Design for Excellence (DfX), particularly cost and manufacturability
  • Proven ability to work cross-functionally and interface with suppliers on technical solutions

Preferred Qualifications:
  • Experience in value engineering, cost reduction, or supply chain engineering environments
  • Knowledge of Applied Materials / Varian product lifecycle, including NPI, ECO processes, and supplier engagement
  • Experience with power systems, process power, controls, and complex electrical subsystems
  • Familiarity with semiconductor capital equipment and high-reliability electronic systems
  • Experience in multi-sourcing, should-cost analysis, and supplier qualification
  • Strong understanding of system-level integration (electrical with mechanical and controls)

Education: Bachelor's Degree
Experience: 7 - 10 Years
Additional Information
Time Type:
Full time
Employee Type:
Assignee / Regular
Travel:
Relocation Eligible:
No
The salary offered to a selected candidate will be based on multiple factors including location, hire grade, job-related knowledge, skills, experience, and with consideration of internal equity of our current team members. In addition to a comprehensive benefits package, candidates may be eligible for other forms of compensation such as participation in a bonus and a stock award program, as applicable.
For all sales roles, the posted salary range is the Target Total Cash (TTC) range for the role, which is the sum of base salary and target bonus amount at 100% goal achievement.
Applied Materials is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.
In addition, Applied endeavors to make our careers site accessible to all users. If you would like to contact us regarding accessibility of our website or need assistance completing the application process, please contact us via e-mail at Accommodations_Program@amat.com, or by calling our HR Direct Help Line at 877-612-7547, option 1, and following the prompts to speak to an HR Advisor. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.

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About Applied Materials

Sourced by ZipRecruiter

Applied Materials is the global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We're the brain (and the brawn) behind every new technology development--whether it's building semiconductor chips for smartphones and computers, or the underpinnings for robotics, AI and even smart TV display screens. With 27,000 employees in 19 countries, we offer an exciting place to grow and learn alongside some of the best people you'll ever meet. We take deep pride in our Culture of Inclusion, and we celebrate the diverse backgrounds, perspectives and experiences that help us build stronger, more resilient teams. Join us as we innovate to Make Possible a Better Future!

Industry

Manufacturing

Company size

10,000+ Employees

Headquarters location

Santa Clara, CA, US

Year founded

1967