Regional Cost-Reduction Engineer: Product Dev & Localization

Gruppo SKF; Kuala Lumpur; On-site; MYR 120,000 - 160,000; Full time

Job summary

SKF is seeking an experienced engineer in Malaysia to drive cost reduction across regional markets, focusing on VA/VE, localization, and supplier development. You will coordinate with regional teams, global product development, and manufacturing to realize savings and maintain technical compliance.

The role requires 6–10 years in product or manufacturing engineering, strong CAD/PLM experience (Creo/Windchill), and a solid foundation in bearing design and cost analytics.

Qualifications

• Master's or Bachelor's degree in Mechanical Engineering or equivalent.
• 6–10 years in product development, application engineering, project engineering, or related functions.
• Hands-on cost reduction, VA/VE, localization, and benchmarking experience.
• Strong understanding of bearing design and mechanical components.
• Experience with CAD/PLM tools such as PTC Creo and Windchill.

Responsibilities

• Drive regional cost reduction initiatives through VA/VE, ICR, design optimization, material optimization, localization, and sourcing-related projects.
• Identify, evaluate, and convert cost-down opportunities across product design, manufacturing processes, material specifications, supplier capability, standardization, and value chain improvements.
• Lead roller bearing localization and sourcing projects by coordinating with regional teams, global product development, factories, purchasing, SQD, suppliers, and business stakeholders.
• Perform competitor benchmarking and product teardown analysis, prepare structured technical and cost comparison reports, and define actionable improvement opportunities.
• Prepare and manage technical validation requirements including DVP/DVVP, test plans, design review inputs, technical justifications, validation summaries, and risk mitigation actions.
• Evaluate project business cases by assessing technical feasibility, cost impact, validation needs, implementation risks, switchover requirements, and expected savings realization.
• Coordinate cross-functionally with Manufacturing, Quality, Purchasing, Supply Chain, Application Engineering, Sales, Product Line, suppliers, and Business Control teams to ensure timely project execution.
• Track project milestones, validation status, implementation timelines, risks, and savings impact to support management reporting and realization of agreed cost reduction targets.
• Collaborate with regional and global stakeholders to secure technical alignment, approvals, customer/system change requirements where applicable, and smooth implementation of approved changes.
• Support new product launches, localization projects, supplier development discussions, technical reviews, and documentation required for cost competitiveness and regional business growth.

Skills

VA/VE

Cost reduction

ICR

Localization

Competitor benchmarking

Product teardown

Design optimization

CAD/PLM tools

Analytical skills

Communication skills

Education

Master's or Bachelor's degree in Mechanical Engineering

Tools

PTC Creo

Windchill

Job description

SKF is seeking an experienced engineer in Malaysia to drive cost reduction across regional markets, focusing on VA/VE, localization, and supplier development. You will coordinate with regional teams, global product development, and manufacturing to realize savings and maintain technical compliance.

The role requires 6–10 years in product or manufacturing engineering, strong CAD/PLM experience (Creo/Windchill), and a solid foundation in bearing design and cost analytics.