Product Cost Optimization Engineer

1 giorno fa

Sesto San Giovanni, Lombardia, Italia GE Vernova A tempo pieno 60.000 € - 120.000 € all'ano
Job Description SummaryThe Product Cost Optimization Engineer will play a key role in driving product re-engineering and cost reduction initiatives at our Grid Solutions Bushing manufacturing site. This position is dedicated to identifying and implementing structured cost-out strategies across product designs and manufacturing processes, ensuring sustainable savings while maintaining quality and compliance standards. Working collaboratively with cross-functional teams, the engineer will support the site's operational efficiency and contribute to long-term competitiveness.Job Description

Key Responsibilities:

  • Lead and execute product cost optimization initiatives at our bushings manufacturing site, including re-engineering activities aimed at reducing material, manufacturing, and operational costs.
  • Analyze current product designs, BOMs, and processes to identify and implement cost-out opportunities without compromising quality or compliance.
  • Collaborate closely with cross-functional teams (Engineering, Manufacturing, Procurement, Sourcing, Quality) to drive cost reduction projects.
  • Develop business cases for proposed cost optimization actions and present recommendations to management.
  • Monitor and report on cost-out performance, documenting improvements and lessons learned.

Required Qualifications:

  • Bachelor's degree in Engineering (Mechanical, Industrial, or related field); Master's preferred.
  • Proven experience in product re-engineering, cost reduction, or value analysis/value engineering within a manufacturing environment.
  • Strong analytical and problem-solving skills with demonstrated ability to deliver measurable cost savings.
  • Hands-on knowledge of 3D CAD tools (preferably PTC Creo)
  • Effective communication and collaboration skills in an international, cross-functional environment.
  • Proficiency in Italian and English

Desired Skills:

  • Familiarity with BOM and drawing release processes.
  • Knowledge of lean manufacturing, Six Sigma, or other continuous improvement methodologies.
  • Proficiency with relevant engineering and data analysis tools.
  • Strong organizational skills and ability to manage multiple priorities.
     
Additional Information

Relocation Assistance Provided: No

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