Hybrid Electrical Cost Optimization Lead

CNH Industrial Group

Oak Brook (IL)

Hybrid

USD 87,000 - 133,000

Full time

3 days ago
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Benefits offered by this job

Savings & Retirement benefits
Parental leave
Adoption assistance
Fertility & Family building support
Employee Assistance Programs
Charitable contribution matching and V

Job summary

CNH Industrial in Oak Brook, IL, United States, is seeking a Cost Optimization Specialist in electrical to drive margin improvement. You will work with cross-functional teams and suppliers to screen, track, implement cost optimization projects, and promote internal and external idea generation activities.

The role requires9+ years in manufacturing with purchasing, design, or cost management; 3+ years in project management and strong analytical skills for electrical designs and schematics.

Qualifications

  • Bachelor’s degree in electrical, Mechanical, Industrial, or Manufacturing Engineering.
  • 9+ years of experience in a manufacturing environment with purchasing, design engineering, cost management, quality or related functions.
  • 3+ years of project management experience related to product development.
  • Strong analytical skills with the ability to interpret technical drawings and electrical schematics.
  • Hands-on experience in electrical/electronic systems and supplier negotiations.

Responsibilities

  • Lead cost optimization for Electrical Commodities, working with the Electrical CMD team to identify and execute cost reduction initiatives.
  • Identify and prioritize cost-saving opportunities with a forward-looking project roadmap.
  • Manage ideation and benchmarking activities, including workshops and line walks to drive cost-down strategies.
  • Develop and apply cost modeling tools to analyze components and support sourcing decisions.
  • Support execution of cost reduction projects with cross-functional partners to ensure timely delivery and measurable impact.
  • Provide technical expertise in value engineering and value analysis.
  • Collaborate with engineering teams to review designs for cost and quality without compromising performance.

Skills

Analytical skills
Project management
Cross-functional collaboration
Electrical/electronic systems

Education

Bachelor’s degree in electrical, Mechanical, Industrial, or Manufacturing Engineering

Job description

CNH Industrial in Oak Brook, IL, United States, is seeking a Cost Optimization Specialist in electrical to drive margin improvement. You will work with cross-functional teams and suppliers to screen, track, implement cost optimization projects, and promote internal and external idea generation activities.

The role requires9+ years in manufacturing with purchasing, design, or cost management; 3+ years in project management and strong analytical skills for electrical designs and schematics.

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