Cost Optimization Engineer

We use technology to solve problems in spaces, light, and more things to come… for our customers, our communities, and our planet. 
 
Acuity Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives.  
 
We are positioned at the intersection of sustainability and technology. Our businesses develop technology that helps save our customers energy and reduce their carbon emissions. We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and location-aware applications. 

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Job Summary

We are looking for a Cost Optimization Engineer with experience in power electronics to join our Vitality Engineering team. This role focuses on analyzing and improving existing electronic products by identifying opportunities for cost reduction, design optimization, and component sourcing efficiency. The position requires strong collaboration with design, supply chain, manufacturing, and procurement teams.

Key Tasks & Responsibilities (Essential Functions) Analyze existing products, components, and designs to identify cost-saving opportunities.

Support cost optimization efforts through value analysis / value engineering (VAVE).

Evaluate Bills of Materials (BOMs) to propose component substitutions or redesigns.

Develop and implement cost-effective engineering solutions in collaboration with cross-functional teams.

Work with supply chain and procurement teams to ensure component availability and sourcing alignment.

Monitor lead times and conduct LLT (Long Lead Time) risk analysis for critical components.

Interface with suppliers and design teams to propose new materials or technologies.

Participate in the development of new products with focus on cost, manufacturability, and ease of sourcing.

Document and report cost reduction initiatives and project progress.

Skills and Minimum Experience Required Bachelor's degree in Electrical or Electronics Engineering (or equivalent).

3+ years of experience in power electronics (analog domain).

Strong knowledge of power converter topologies: AC/DC, DC/DC, Flyback, Buck, Boost, LLC, etc.

Experience working with BOMs, component sourcing and cost optimization strategies.

Familiarity with VAVE methodology.

Ability to analyze component availability and market trends.

Experience working with suppliers in global environments.

Advanced English (verbal and written).

Proficient in Microsoft Excel (Power Query, Power Pivot), Power BI, Minitab or similar tools.

Strong analytical, communication, and project management skills.

Lean Six Sigma Green Belt (preferred).

Willingness to travel occasionally to other design or production sites.

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We value diversity and are an equal opportunity organization.  All qualified applicants will be considered for employment without regard to race, color, age, gender, sexual orientation, gender identity and expression, ethnic or national origin, disability, pregnancy, and religion.

Any unsolicited resume submitted to Acuity Inc. by a third party, such as an Agency recruiter, including unsolicited resumes sent to an Acuity Inc. mailing address, fax machine, or email address, directly to Acuity Brands employees or to the Acuity Brands resume database, shall be deemed the property of Acuity Inc.. Acuity Inc. will NOT pay a fee for any hiring resulting from the receipt of an unsolicited resume.

Any candidate for whom an Agency has submitted an unsolicited resume will be deemed by Acuity Inc. to have been referred by the Agency free of charge or fee. This includes any agency that is an approved/contracted provider but does not have the proper approvals to participate in a search.

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