New Product Cost Engineer

Agiliti; Wauwatosa (WI); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Competitive compensation and benefits

Opportunity to influence cost strategy

Job summary

Agiliti is seeking a seasoned mechanical engineer to lead cost-reduction initiatives for medical device products in a regulated environment. You will own BOM optimization, design-for-cost efforts, and supplier changes, collaborating with engineering, operations, and supply chain to drive measurable savings.

Applicants should have 8+ years of relevant experience, solidWorks expertise, and a strong background in ISO 13485, FDA design controls, and PFMEA.

Qualifications

• Bachelor's degree in Mechanical Engineering or related field.
• 8+ years engineering experience in medical devices or regulated industries.
• Proven track record leading cost-reduction and design-to-cost initiatives on released products.
• Experience with CAD, BOM management, and supplier changes.

Responsibilities

• Lead cost-reduction initiatives across released medical device products.
• Identify cost drivers through BOM analysis, supplier spend, labor studies, and service data.
• Own engineering changes (ECRs/ECOs) in SolidWorks ensuring ISO, IEC, FDA design controls.
• Partner with Supply Chain, Manufacturing, and Quality on alternate sourcing and process improvements.
• Collaborate with engineers to evaluate feasibility and risk of cost-down changes.
• Conduct structured trade studies balancing cost, quality, manufacturability, and risk.
• Support DFM, DFA, and DFC improvements on legacy and released products.
• Apply DFMEA, PFMEA, and RCA to drive sustainable improvements.
• Analyze warranty and service data to uncover recurring cost opportunities.
• Coordinate validation and phased implementation to minimize disruption.
• Track savings, implementation progress, and risks; communicate results to leadership.

Skills

Cost reduction

Value engineering

Design-for-cost

SolidWorks

BOM management

Jira

ISO 13485

FDA design controls

Root cause analysis

Cross-functional collaboration

Financial acumen

Education

Bachelor's degree in Mechanical Engineering

Tools

SolidWorks

PDM systems

BOM management tools

Jira

Job description

Agiliti is a leading provider of healthcare technology management and service solutions, helping healthcare organizations access, manage, and maintain medical equipment to enhance patient care. We partner across engineering, supply chain, manufacturing, and quality to deliver compliant, innovative, and cost-effective solutions that support clinical environments.

What's in it for You?

• Drive measurable cost savings on impactful medical device products
• Collaborate cross-functionally with engineering, operations, and supply chain leaders
• High-visibility role influencing product lifecycle and cost strategy
• Opportunity to apply value engineering and design-for-cost principles in a regulated industry
• Competitive compensation and benefits
• Meaningful work that supports better healthcare delivery and patient outcomes

What You Will Do in This Role?

• Lead cost-reduction initiatives across released medical device products (BOM optimization, material substitutions, design simplification, supplier changes)
• Identify cost drivers through BOM analysis, supplier spend, labor studies, and field/service data
• Own engineering changes (ECRs/ECOs) in SolidWorks, ensuring compliance with ISO, IEC, FDA, and QMS requirements
• Partner with Supply Chain, Manufacturing, and Quality on alternate sourcing, materials, tooling, and process improvements
• Collaborate with mechanical and electrical engineers to evaluate feasibility and risk of cost-down changes
• Conduct structured trade studies balancing cost, quality, manufacturability, and risk
• Support DFM, DFA, and DFC improvements on legacy and released products
• Apply DFMEA, PFMEA, and RCA to drive sustainable improvementsAnalyze warranty and service data to uncover recurring cost opportunities
• Coordinate validation and phased implementation to minimize production and field disruption
• Track savings, implementation progress, and risks; communicate results to leadership

What You Will Need for This Role?

• Bachelor’s degree in Mechanical Engineering or related engineering discipline; advanced degree preferred
• 8+ years of engineering experience supporting manufactured products; medical device or regulated industry experience strongly preferred
• Demonstrated experience leading cost-reduction, value engineering, or design-to-cost initiatives on released products
• Proficiency with CAD tools (SolidWorks preferred), PDM systems, BOM management, and tools such as Jira
• Strong knowledge of manufacturing processes (injection molding, machining, sheet metal, welding, assembly, etc.)
• Experience with supplier-facing engineering changes, alternate sourcing, and material/process substitutions
• Working knowledge of ISO 13485, ISO 14971, IEC standards, and FDA design controls
• Ability to perform technical risk assessments and root cause analysis
• Strong analytical and financial acumen with the ability to quantify savings and trade-offs
• Excellent communication and stakeholder influence skills