Product Cost Optimization Engineer

Reposted Yesterday
Be an Early Applicant
Sesto San Giovanni, Milano
In-Office
Mid level
Energy • Manufacturing • Solar • Renewable Energy
GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy.
The Role
The Product Cost Optimization Engineer leads re-engineering and cost reduction initiatives, analyzes designs for cost-saving opportunities, and collaborates with teams to enhance operational efficiency.
Summary Generated by Built In
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

Top Skills

3D Cad Tools
Ptc Creo
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: , Cambridge, MA
75,000 Employees
Year Founded: 2024

What We Do

GE Vernova is a planned purpose-built company on a mission to electrify the planet while simultaneously working to decarbonize it.

If we want our energy future to be different…we must be different.

Our mission is embedded in our name. We retain our treasured legacy, “GE,” in our name as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy that GE Vernova will help deliver.

GE Vernova brings together GE’s portfolio of energy businesses including Power, Wind, Electrification and Digital businesses. With focus, GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life.

Together, we have The Energy to Change the World.

Why Work With Us

Join our team, to evolve and grow, surrounded by some of the brightest minds in the industry who help you get better every day. You’ll get the chance to rewrite the rules, work on cutting-edge technology, and be part of a global team for positive change.

Gallery

Gallery

Similar Jobs

McCain Foods Logo McCain Foods

Marketing Retail Internship

Food • Retail • Agriculture • Manufacturing
In-Office
Bergamo, ITA
20000 Employees

UL Solutions Logo UL Solutions

Software Engineer

Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Hybrid
Carugate, Milano, ITA
15000 Employees

UL Solutions Logo UL Solutions

Data Engineer

Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Hybrid
Carugate, Milano, ITA
15000 Employees

UL Solutions Logo UL Solutions

Test Engineer

Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Hybrid
Carugate, Milano, ITA
15000 Employees

Similar Companies Hiring

Accuris Thumbnail
Software • Manufacturing • Machine Learning • Information Technology • Generative AI • Conversational AI
Denver, CO
1200 Employees
Energy CX Thumbnail
Utilities • Professional Services • Greentech • Financial Services • Energy • Consulting • Business Intelligence
Chicago, IL
108 Employees
Turion Space Thumbnail
Software • Manufacturing • Information Technology • Hardware • Defense • Artificial Intelligence • Aerospace
Irvine, CA
140 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account