Mechanical Design Engineer

Role- Mechanical Engineer

Location- Peoria, IL

Exp- 8+ years

Key skills- Cost analysis exp, CREO, Design Knowledge, PM skills

Responsibilities:

• Collaborate with managers across Concurrent Product and Process Development (CPPD) and cost management teams to identify cost opportunities and provide both strategic and tactical support.
• Deliver cost insights and feasibility studies to drive improvements in design, manufacturing processes, and sourcing strategies.
• Analyze and present cost reduction opportunities, including quality trade-offs and insights from should-cost reviews.
• Focus on specific categories such as castings, non-metallic materials, and harnesses and targeted systems or components for both baseline and new designs.
• Summarize and present cost analysis findings and recommendations to support informed decision-making across CPPD teams.
• Support cost initiatives including New Product Introduction (NPI), New Source Introduction (NSI), and Operating Profit After Capital Charge (OPACC) improvement projects.
• Participate in cost-related events such as Rapid Improvement Workshops (RIW), Value Analysis/Value Engineering (VAVE), and Low-Cost Producer (LCP) initiatives, and contribute to global collaboration efforts through the International Collaboration Team (ICT).
• Provide coaching and training on cost analysis tools and methodologies, including the use of tools within the Should-Cost and RPM (Rapid Product Modeling) frameworks
• Demonstrate strong communication skills and flexibility to work across diverse teams, adapting to changing priorities and driving alignment across functions.
• Qualifications:
• BS from an accredited university in Mechanical, Agricultural, Civil, Industrial or Aerospace engineering.
• 8-10 years of progressive design engineering experience, preferably in machine design

Technical Skills

(Required)

• Strong analytical thinking : Hands-on experience in cost analysis, cost modeling, and identifying value-driven opportunities across product development and manufacturing.
• Design skills ; knowledge of 3D model CAE, GD&T, BOM structure
• Analytical skills : Use of data analytics to gather, sort and find insights in large volumes of data

(Desired)

• Creative thinking to help generate new ideas to reduce cost
• Business Acumen to understand financial impact of various cost reduction efforts

Soft Skills

(Required)

• Effective verbal and written communication skills: Ability to clearly convey complex technical and financial information to cross-functional teams and stakeholders.
• Proven ability to manage multiple priorities and projects : Proven ability to manage multiple priorities and projects, demonstrating strong organizational skills, time management, and the flexibility to adapt in a dynamic, fast-paced environment.
• Teamwork: ability to take direction and work effectively in a team environment to achieve targeted result. Ability to engage with peers and leaders in feedback on efforts and ideas toward cost reduction objective.