CNH · 3 weeks ago
Cost Optimization Specialist - Electrial
Oak Brook, IL
Full-time
Hybrid
Senior Level, Lead/Staff
$85K/yr - $140K/yr
9+ years expCNH Industrial is committed to innovation and sustainability in agriculture and construction, aiming to enhance customer efficiency. The Cost Optimization Specialist will drive margin improvement initiatives by identifying cost reduction opportunities and collaborating with various teams to implement cost optimization projects.
IndustrialMachinery ManufacturingManufacturing
Responsibilities
Lead margin improvement initiatives by identifying cost reduction opportunities, managing project pipelines, and collaborating with internal stakeholders and external suppliers
Proactively identify and prioritize cost-saving opportunities, building a forward-looking project roadmap to support annual purchasing targets
Manage ideation and benchmarking activities, including workshops, line walks, and competitive analysis to drive innovative cost-down strategies
Develop and apply cost modeling tools to analyze components across commodities, including wire harnesses, electrical assemblies, and electronic components, supporting sourcing decisions and supplier negotiations
Support the execution of cost reduction projects by partnering with Product Development, Purchasing, Logistics, and other business functions to ensure timely delivery and measurable impact
Provide technical expertise in external and internal value engineering and value analysis
Challenge existing design concepts, material grade selections, and technologies to evaluate whether products are designed to optimize cost and quality
Collaborate with engineering teams to review electrical/electronic designs, ensuring cost-effective solutions without compromising performance or compliance
Qualification
Required
Bachelors degree in Electical, Mechanical, Industrial, or Manufacturing Engineering
Minimum 9 years of experience in a manufacturing environment, with roles in purchasing, design engineering, cost management, quality or related functions
Minimum 2-3 years of project management experience related to product development
Strong analytical skills with the ability to interpret technical drawings and engineering specifications and electrical schematics/wire harness layouts
Hands-on experience in electrical/electronic systems, including wire harness design, electrical components costing, and supplier negotiations or electronic assemblies
Preferred
Proficiency in Microsoft Office (Excel, PowerPoint); familiarity with Power BI, SAP, and MRP systems is preferred
Demonstrated results-oriented mindset with strong communication and change management skills
Self-motivated, detail-oriented, and accountable for task ownership and execution
Knowledge of industry standards for electrical/electronic components and experience with cost benchmarking in electronics manufacturing
Benefits
Flexible work arrangements (3 days in office/2 days remote)
15 Paid Holidays
Savings & Retirement benefits (above industry standard)
Tuition reimbursement
Parental leave
Adoption assistance
Fertility & Family building support
Employee Assistance Programs
Charitable contribution matching and Volunteer Time Off
Company
CNH
CNH ( NYSE: CNH ) is a world-class equipment, technology and services company.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$7.31BKey Investors
Advanced Propulsion Centre UK
2025-11-20Post Ipo Debt· $577.02M
2025-08-27Post Ipo Debt· $581.53M
2025-06-02Post Ipo Debt· $364.53M
Leadership Team
Jose Heitor Nogueira
CFO Agriculture Segment - North America
Mike Lexa
Chief Information Security Officer, Global Vice President
Recent News
2026-01-16
MarketScreener
2026-01-03
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