Cost Improvement Engineer

Responsible for identifying and implementing cost-reduction and value-improvement opportunities across products, processes, materials, and manufacturing operations. Analyzes cost drivers, evaluates engineering and manufacturing alternatives, supports process optimization, and collaborates with Engineering, Manufacturing, Procurement, Quality, and suppliers to achieve measurable cost savings while maintaining quality, performance, and production requirements.

• Bachelor's degree in Mechanical, Manufacturing, Industrial, Aerospace, or related Engineering field.
• 3+ years of experience in cost improvement, manufacturing engineering, value engineering, or process improvement.
• Hands-on experience identifying and implementing cost-reduction initiatives.
• Strong knowledge of manufacturing processes, materials, tooling, and production methods.
• Experience with Value Engineering / Value Analysis (VE/VA).
• Ability to analyze product, material, labor, and manufacturing costs.
• Experience developing and evaluating design or process alternatives to reduce cost.
• Strong skills in root cause analysis and problem solving.
• Experience working with Engineering, Manufacturing, Procurement, Quality, and suppliers.
• Ability to quantify and track cost savings and project results.
• Knowledge of Lean Manufacturing, Six Sigma, Kaizen, or continuous improvement preferred.
• Experience with CAD, BOM analysis, and engineering change processes preferred.
• Strong analytical, communication, presentation, and project management skills.
• Ability to manage multiple improvement projects and meet deadlines.
• Commitment to maintaining quality, safety, reliability, and customer requirements while reducing cost.

Required Skills:

• VAVE / Cost Reduction
• Cost Improvement
• Savings Calculations & Analysis
• Project Tracking & Documentation
• Risk Identification
• Project Management
• Cross-Functional Coordination
• Leadership Reporting
• Microsoft Excel
• Microsoft PowerPoint
• Microsoft Teams
• Strong Organizational & Communication Skills
• Maintain CIP project trackers, dashboards, and documentation.
• Update project status, savings research/calculations, risk identification, and project timelines.
• Coordinate with Engineering, Manufacturing, Sourcing, Quality, and Product Management teams.
• Own savings calculations, reporting, and leadership reviews.
• Track project approvals, implementation progress, and realized savings.
• Identify roadblocks and escalate issues as needed.
• Manage multiple projects and priorities effectively.