GE Vernova

Product Cost Optimization Engineer

GE Vernova  •  Sesto San Giovanni, IT (Onsite)  •  4 months ago
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Job Description

The 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.

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

GE Vernova

About GE Vernova

GE Vernova is a purpose-built energy technology company on a mission to electrify to thrive and decarbonize the world.

It is made up of three businesses -- Power, Wind, and Electrification -- with focus on 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.

The world needs more energy, smarter energy. With energy demand expected to grow by more than 50% in the next 20 years, we are continuously innovating to meet the moment…like we have for the past 130 years. The Energy of Change and relentless optimism are what drive us – it’s about never giving up and seeing what’s possible so that we deliver the energy technologies the world needs right now and for generations to come.

GE Vernova’s attitude and edge is embedded in its name. We retain our treasured legacy, “GE,” 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.

Together, we have the energy to change the world.

Industry
Energy & Utilities
Company Size
10,000+ employees
Headquarters
Boston, Massachusetts
Year Founded
Unknown
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